So, you are thinking about setting up a nonprofit?
That is terrific!
Forming a non-profit organization is a great way to help people in need, improve the environment, save animals, or improve our community. As a non-profit, you can accept private and public grants while enjoying tax-exempt status. Plus, a non-profit shields you from personal liability.
However, there are many issues to consider when starting a nonprofit. For example, is there another organization that is meeting the need in the community? Are you providing a service that is truly needed? Can you affiliate with a larger organization? These are all important questions to consider.
If you decide to go ahead with the formation of a separate 501(c)(3), we have an experienced staff, including attorneys specializing in nonprofit law. We can help you file documents with the state, prepare your application for tax exemption, and keep up to date with your reporting requirements.
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Starting a Massachusetts Nonprofit