Georgia Attorneys’ Recommendations: The
Eleven Steps to Nonprofit Incorporation
Continued
The excerpt below is from "Starting a Nonprofit Organization in Georgia" manual published by Georgia Center for Nonprofits, a very helpful resource.
7. Apply for Federal Tax-exempt Status
Order I.R.S. forms and **apply within 15 months** of
the date you filed your articles of incorporation:
No. 4220—Applying for 501(c)(3) Tax-Exempt Status
No. 4221—Compliance Guide for 501(c)(3) Tax-Exempt Organizations
No. 557—Tax-Exempt Status for Your Organization
No. 1023 (for 501(c)(3)'s)—Application for Recognition of Exemption
No. 1024 (for 501(c)(4) or (6)'s)—Application for Recognition of
Exemption
No. 8718—User Fee Application
The I.R.S. estimates 70 hours to complete form 1023 or 1024, and
120 days for the application to be processed. Process time begins when no
additional questions are requested of the applicant by the I.R.S.
8. Apply for Georgia State Tax-Exempt Status
An organization must have an I.R.S. determination letter to apply
for state tax-exemption.
9. Apply for Georgia State ID Number
Contact Georgia Department of Revenue's Centralized Tax Payer
Registration Unit and request form CRF- 002, State Tax Registration Application.
10. Register as a Charitable Organization
Organizations with less than $25,000 in annual gross revenue and
certain types of organizations are exempt from registration under the Georgia
Charitable Solicitations Act. Order Georgia Secretary of State's Securities and
Business Regulation form C-100 Charitable Registration Application. This will
allow the organization to raise funds in the state of Georgia.
11. Obtain Business License
**As of 7-2014 Most organizations must file this application by
the end of the 27th month after they were legally formed.
