Google the term “How to start a nonprofit” or “How to get tax-exempt 501(c)3 status” and you’ll see many results with people expressing confusion, frustration and even anger over IRS approval delays which at their height not long ago, ran 18 months on average.
The IRS responded by creating a faster, more streamlined path for smaller organizations (organizations with projected revenues below $50,000 per year in the first three tax years), which decreased the complexity and delay of the IRS 1023 application process.
The problem? There are still a number of steps which must be performed properly in preparing to apply for Tax-Exempt status. Make a mistake in any of these and your application will be delayed or denied when it reaches the IRS Exempt Organizations department.
For this and other reasons, many nonprofit founders choose to get assistance with the entire 501(c)3 process from the beginning, and focus instead on their world-changing mission.
Yippiekiyay’s 501(c)3 approval time, from “idea to IRS approval” ranges from less than 30 days (for lower-budget organizations whose applications go through without additional IRS interaction) to around 3-4 months (for higher budget orgs with more complex files).
Faster approvals help the organization stay on track, keep board members and donors energized, and maintain critical momentum needed to push programs and your mission forward.
Check out this video to learn more.
To learn more about how to get a quick, hassle-free, and affordable 501(c)3 tax-exempt status, go here.
Cheers to your mission,
Jacqui Long | Yippiekiyay
