1023EZ (501c3 quick filing)

Advantages
  • Quick filing with a usually quick turn around by the IRS
  • Guarantee by CANDO! 
Drawbacks of 1023EZ filing:  
  • May affect credibility and effectiveness
  • No submitted documentation to IRS and/or State may impact meeting of IRS and State filings
  • Lack of awareness of filing requirements
  • Incomplete document filing for nonprofit industry standards
  • Lack of Board of Director duties, roles and responsibilities to the organization
  • No strategic plan for public, IRS and State entities, government grantors, foundations, corporations, donors, possible volunteers/board of directors, clients/those interested in your organization to review and develop interest in organization