Thinking About Starting a Nonprofit?
Indian River County has more than 500 public 501(c)3 nonprofit charitable organizations, 125 of which earn more than $50,000 a year. All organizations serve community needs through different programs and services. Have you ever wondered how each of these organizations began their journey? If you are interested in starting a new nonprofit charitable organization, consider the following:
It is important to first acknowledge and become familiar with already existing programs. A nonprofit is mission based and mission driven. If there is an organization that aligns with your mission, follow-up and learn about their services. Indian River Community Foundation’s online Nonprofit Search is a great resource for this.
If there is no other nonprofit serving the community need you wish to help, there are 4 main steps to setting up a 501(c)(3):
- File your articles of Incorporation
- Obtain an EIN
- File IRS form 1023
- Register your Florida Solicitation of Contributions
Indian River Community Foundation is a great resource not only for client needs, but for nonprofits as well. To learn more on how to establish a 501(c)(3) charitable organization, visit our Resource page under the Nonprofit tab.