How to you comply with IRS donor acknowledgement requirements?
What does the IRS need to in your board member selections?

Want to make sure you’re dotting your i’s and crossing your t’s?

I’ll help you ensure that all your paperwork is in order and your operations are tight so you can keep up the good work as a nonprofit!

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The strategic plan is a document identifying grants the organization may wish to target. It provides information on the funder, deadlines, prioritization, and more.

Once you have developed the grant application template, you can apply for any grants and then customize the information to the specific grant application.

It is important to regularly review and evaluate what grants you will apply for in the coming year. Grantors have different dates and requirements and organizations need to evaluate these different funders to ensure the grant is appropriate for their nonprofit organizations and they can meet the requirements of the grant. Planning is key to accomplishing your grant goals.

This method saves you time, money and provides you the opportunity to write grants whenever you choose!

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A Living Grant Template is a structure that allows you makes sure every grant application you submit is the best possible for your organization!

CANDO! not only helps you develop a Living Grant Template (also known as a Common Grant Application Template) with a strong foundation that allows you to cut, past and customize for your grant applications, but also teaches you how to find the right grants to apply for.

“Give a man a fish and you feed him for a day. Teach him how to fish and feed him for a lifetime.”

~ Lao Tzu

While you still may need staff or an extra hand for grant writing, their job will be made worlds easier with their homework already done and a direction to explore for grant opportunities.

CANDO! helps you write a living grant template called a Common Grant Application Template that you can cut, paste and customize to grants

CANDO! helps you learn what grantors are looking for and how to submit the best grant your organization can do.

CANDO! teaches you what grants to apply for and where to go to get information. The document is a living template customized for YOUR organization’s Grant Applications. A full template is developed and then customized by cutting and pasting information and creating extra text to meet specific guidelines of each grant YOUR organization writes.

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There are different forms to file depending on your organization:

• Form 990N: An electronic filing for gross receipts below $50,000
• Form 990EZ: The form for organizations with gross receipts less than $250,000 or total assets less than $500,000
• Form 990: The form for organizations with gross receipts more than $250,000 or total assets more than $500,000
• Form 990PF: A private foundation filing
• Form 990T: The form for filing Unrelated Business Income
• Form 990W: The form for Estimated Tax on Unrelated Business Income

Read more about 990 Forms in the Resources Section.

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1. obtaining your nonprofit EIN number;
2. the development and filing of the proper Articles of Incorporation, Bylaws and Policy Templates;
3. Basic Strategic Plan
   1. Nonprofit Industry Best Practices information
   2. Answers  to required narrative questions
4. Submission of your Form 1024 for non-501c3 Tax Exempt Statuses
5. Completion is 3 to 15 months.

State and IRS Fees

Advantages

1. Meets IRS requirement for filing of Form 1024 for other tax status’
2. Improves credibility and effectiveness
3. Proper document filing for nonprofit industry standards
4. Awareness of Board of Director duties, roles and responsibilities to the organization

Drawbacks of 1024 filing with Basic Strategic Plan

1. None

Form 1024 Tax Exempt Statuses

• 501(c)(2)—Title holding corporations
• 501(c)(4)—Civic leagues, social welfare organizations (including certain war veterans’ organizations), or local associations of employees
• 501(c)(5)—Labor, agricultural, or horticultural organizations
• 501(c)(6)—Business leagues, chambers of commerce, etc.
• 501(c)(7)—Social clubs
• 501(c)(8)—Fraternal beneficiary societies, etc., providing life, sick, accident, or other benefits to members
• 501(c)(9)—Voluntary employees’ beneficiary associations (Parts I through IV and
• 501(c)(10)—Domestic fraternal societies, orders, etc., not providing life, sick, accident, or other benefits
• 501(c)(12)—Benevolent life insurance associations, mutual ditch or irrigation companies, mutual or cooperative telephone companies, or like organizations
• 501(c)(13)—Cemeteries, crematoria, and like corporations
• 501(c)(15)—Mutual insurance companies or associations, other than life or marine
• 501(c)(17)—Trusts providing for the payment of supplemental unemployment compensation benefits
• 501(c)(19)—A post, organization, auxiliary unit, etc., of past or present members of the Armed Forces of the United States
• 501(c)(25)—Title holding corporations or trusts

To read more about Types of Tax Exemptions click here.

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1. obtaining your nonprofit EIN number;
2. the development and filing of the proper Articles of Incorporation, Bylaws and Policy Templates;
3. Nonprofit Industry Best Practices information
4. Full 4 year Strategic Plan completed bewteen 6 to 27 months
5. Submission of your Form 1023 for 501c3 Tax Exempt Status

Advantages

1. Meets IRS requirement for filing of Form 1023 Regular
2. Strategic Plan Improves credibility and effectiveness
3. Strategic Plan available through your organization for your 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
4. Increased awareness of filing requirements
5. Proper document filing for nonprofit industry standards
6. Awareness of Board of Director duties, roles and responsibilities to the organization

Drawbacks

1. Strategic Plan takes additional time
2. Strategic Plan will cost organization more money

The Strategic Plan Information

• The Four Year Strategic Plan will provide Operations, Programming, Fundraising and budgeting for the three areas that meets IRS and State Rules/Regulations/Laws and Nonprofit Industry Standards and guidelines.
• The application is reviewed by donors, foundations, government agencies and even the general public. With the strategic plan your organization will experience increased credibility and effectiveness of organization, particularly for obtaining grants and large donor contributions.
• Your organization will benefit from the experience and knowledge of CANDO! to ensure your organization will have all the necessary legal documents meeting all IRS and State filing requirements.
• CANDO! ensures your organization files and maintains required Articles of Incorporation five necessary clauses to file with the State, understands proper ByLaws, and proper IRS and nonprofit industry recommended and/or suggested Policies and Procedures.
• Meeting State and IRS requirements for duties, roles and responsibilities of the Board of Directors is imperative to success of new and existing nonprofit organizations. There are also nonprofit industry standards and guidelines for nonprofit Board of Directors.
• A proper Strategic Plan identifying the organization’s mission, meeting of the IRS Charitable Purpose Guidelines, Operations, Programming, Fundraising and Budgeting, ensures the public, IRS and State entities, government grantors, foundations, corporations, donors, possible volunteers/board of directors, clients/those interested in your organization are better able to know, understand, review and develop a strong support and interest in your organization.

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If you did not, for whatever reason, file your Form 990 3 years in a row and the IRS has you on the Auto Revocation list, CANDO!  can assist you and determine with you how to best move forward.

This involves reviewing your organization for reasons why you were revoked, what you want for your nonprofit organization, refile as existing organization or file as a new organization.

WANTED CLOSURE OF NONPROFIT

The IRS (and the State) still require notification of your organization’s closure.  It is best to be OFF the list if you are no longer going to operate.  CANDO!  can assist you in removal/closure from IRS and State records.

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If you prepared your own 501(c)(3) application and want to ensure it is correct, let me review it. Preparing Form 1023 is a huge undertaking. and we can help. But consider the following:

• The IRS ExaminationThe IRS examination process averages 6 – 12 months
• The vast majority of 501(c)(3) applications require multiple follow-up letters by the reviewing agent
• More than 1/3 of self-filers abandon their applications because of the daunting process
• The IRS approval rate for self-filers is less than half that of those prepared by a professional:
  • 40% declined
  • 40% approved with additional questions delaying approval
  • 10% approved without additional questions

CANDO! success rate:

90% approved without questions

10% approved with additional questions

Be prepared for the IRS examination with a correctly prepared application.

CANDO! knows what the IRS is looking for!

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Fundraising is a necessary part and one of a nonprofit’s largest assets! Give it the attention it deserves!

Schedule a Consultation

Here’s an example of a healthy fundraising breakdown – it will be different for every organization, but having an understanding a plan of where your funding is coming from is important for your nonprofit to fulfill its mission!

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This product and service includes

1. obtaining your nonprofit EIN number;
2. the development and filing of the proper Articles of Incorporation, Bylaws and Policy Templates;
3. Nonprofit Industry Best Practices information
4. Full 4 year Strategic Plan
5. Submission of your Form 1023 for 501c3 Tax Exempt Status

Advantages

1. Quick filing with a usually quick turn around by the IRS
2. Guarantee by CANDO!  
   • Once all necessary and correct information is received from your organization, CANDO!   will submit correct content to IRS and filing can be completed within 30 calendar days. CANDO! does not guarantee IRS approval of application.
3. Strategic Plan Improves credibility and effectiveness
4. Strategic Plan available through your organization for your 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
5. Increased of awareness of filing requirements
6. Proper document filing for nonprofit industry standards
7. Awareness of Board of Director duties, roles and responsibilities to the organization

Drawbacks of 1023EZ filing with a full Strategic Plan

1. Strategic Plan takes additional time
2. Strategic Plan will cost organization more money
3. The presentation of the organization’s mission, vision, operations, programming and fundraising plans will not be filed with the organization and will need to be provided and/or obtained by interested organizations or individuals from your organization and not from the IRS as many other organizations are required to do.

The Strategic Plan Information

• After the 1023EZ filing then we work on the Strategic Plan, which is completed between 6 to 27 months.
• The Four Year Strategic Plan will provide Operations, Programming, Fundraising and budgeting for the three areas that meets IRS and State Rules/Regulations/Laws and Nonprofit Industry Standards and guidelines.
• The application is reviewed by donors, foundations, government agencies and even the general public. With the strategic plan your organization will experience increased credibility and effectiveness of organization, particularly for obtaining grants and large donor contributions.
• Although the 1023EZ does not require submission of legal documentation to the IRS, your organization will benefit from the experience and knowledge of CANDO! to ensure your organization will have all the necessary legal documents meeting all IRS and State filing requirements.
• CANDO! ensures your organization files and maintains required Articles of Incorporation five necessary clauses to file with the State, understands proper ByLaws, and proper IRS and nonprofit industry recommended and/or suggested Policies and Procedures.
• Some organizations filing the 1023EZ end up not meeting State and IRS requirements for duties, roles and responsibilities of the Board of Directors to the organization . There are also nonprofit industry standards and guidelines for nonprofit Board of Directors.
• A proper Strategic Plan identifying the organization’s mission, meeting of the IRS Charitable Purpose Guidelines, Operations, Programming, Fundraising and Budgeting, ensures the public, IRS and State entities, government grantors, foundations, corporations, donors, possible volunteers/board of directors, clients/those interested in your organization are better able to know, understand, review and develop a strong support and interest in your organization.

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