Qychex a nonprofit agency, is knowledgeable about many subject’s regarding "Nonprofit Agencies". With over 20 years' hands on experience, we can help and assist others who are thinking about forming a nonprofit. Examples of our educational information services include, but is not limited to: Tax Exemption; Raw Land Purchase and Development; Intellectual Property; Board of Directors; Nonprofit Accounting Services; Tax Accounting; and Real Estate Property Management. We are here to assist individuals and new start up's that seek help and educational information that can save you money before you make a final commitment to start your own nonprofit agency. Whether it is the initial set up of your business or information on Intellectual Property solutions, we can provide the help you need.
Video On Nonprofit Businesses
For the discussion of a typical nonprofit agency, we will use an outline that is specifically for a nonprofit agency formed in the state of Arizona. It should be noted that we cover all lower 48 states, for new nonprofit structure. Therefore, we state that most nonprofits are 501(c)(3) organizations, are formed for religious, charitable, scientific, literary, or educational purposes and are eligible for federal and state tax exemptions. To create a 501(c)(3) tax-exempt organization, you would typically begin with a group of people who share a common goal of starting a nonprofit organization to fill a need within your community. After carefully choosing a name for the organization, the founders get to work writing the articles of incorporation.
Details Of Formation
First you need to form a nonprofit corporation under Arizona state law. Then choose the initial directors for your corporation.
In Arizona, you must have at least one director on your board. Then choose a name for your Arizona nonprofit corporation.
The name of your nonprofit corporation must be distinguishable from the name of other business entities on file with the Arizona Corporation Commission.
The below outline is a basic requirement structure for each state:
Choose directors for your nonprofit.
Choose a name for your nonprofit.
Appoint a registered agent.
File Arizona nonprofit Articles of Incorporation.
Publish Notice of Incorporation.
Prepare nonprofit bylaws.
Hold a meeting of your board of directors.
Obtain an employer identification number (EIN).
Obtain business licenses.
File annual report.
File Form 1023 for federal tax exemption.
Apply for Arizona tax exemptions.
Complete other state reporting and registration requirements.
Video On Starting A Nonprofit
From our experience, we find that many nonprofit agencies do not have knowledge of their own Intellectual Property. In general terms, “Intellectual property” refers to a category of intangible property that derives from the work of the mind or intellect, such as an idea, process, creative work, symbol or name used in commerce. Even though intellectual property is intangible, it can still be owned like tangible property such as homes, cars and consumer goods. Non-profit organizations produce and own intellectual property in many forms, including organization names and logos, inventions, instructional materials, websites and brochures. Understanding the various categories of intellectual property is important for any non-profit organization to both (1) protect and benefit from its intellectual property, and (2) ensure that it is not infringing on the intellectual property rights of others.
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Benefits Of Starting A Nonprofit
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Pay Yourself From The Business
Qychex Tax Exempt 501 (c)(3) Nonprofit Services, is a nonprofit organization. Our nonprofit agency provides services that are used educate other start up nonprofits and to offer business solutions.
When a request is made for Consultant Services, we make sure that you are first ready for our services, with an approved budget. Without these first two steps being completed, we can not proceed any further. We want to be fair to our clients and provide only services that they can use. Satisfaction is what we seek from our clients, and we will work with you to meet those needs.
Once you have decided on your budget and what project you want us help you with, then follow the outline below:
1. Fill out our Free Online Application regarding your project and what you want help with.
2. Step #2 Approval: Once we review your application and approve it for further development, we will contact you by email to let you know our overall opinion.
3. Step #3: After you decide you need more personal advice on your project, you can schedule a 1 Hour Telephone Consultation. The cost is $250 per hour, and the fee can be deducted from your down payment once you decide to go ahead with your project. Here is the link to set up the time and date for your Telephone Consultation.