Helpline Frequently Asked Questions
Toll Free Helpline 1 (800) 338-1798 | info@okcnp.org
Toll Free Helpline 1 (800) 338-1798 | info@okcnp.org
STARTING A NONPROFIT
The first official step in becoming a tax-exempt organization is to file incorporation papers with the Oklahoma Secretary of State.
There will be an Oklahoma state cost as well as a federal/IRS cost. You should expect to spend approximately $900-1000 total, or closer to $2000 if you use a consultant or firm. The cost may be less if you are eligible for a 1023-EZ form. The federal filing form you use is based on the organization’s assets and annual gross receipts.
You will log on to the account you created and check your status.
The National Council of Nonprofits suggests a fiscal sponsorship, which is possible before you receive your tax-exempt status with the IRS.
Most new nonprofits build a board by inviting people they know. You will need 3 board members to start your nonprofit. Board members should know the legal duties and responsibilities associated with board service. Ideally, the board members will not be related to the founder or one another and represent skill sets that will help the nonprofit as it develops and grows. (See board responsibility information below.)
Members can post board openings for free on our Career Center; Non-members can post for $50.
RECOMMENDATIONS
See our list of Business Partners that provide legal services.
See our list of Business Partners that provide financial advice and services
The Center also offers Professional Financial Services.
We recommend Boot Camp for Boards, Standards for Excellence and our other board courses.
We recommend Standards for Excellence and Nonprofit Management Certification.
Yes! When you register for most of our courses or when you officially request consulting services, you are able to indicate need for scholarship.
Contact our Membership Department for more information about GrantStation.
NONPROFIT ETHICS
Fundraising in different states is unfortunately complicated. A good rule of thumb is: if you are soliciting donations in any state, check the fundraising/charitable solicitation laws for registration in that state.
Charitable Solicitation Registration Charitable solicitation - Periodic state reporting
You should check your nonprofit status with the IRS
If you are still in good standing, file your 990 immediately. If your organization has not filed in more than 3 years, it is possible that your tax-exempt status has been automatically revoked.
There are several ways to have your tax-exempt status reinstated, which the IRS outlines.
Automatic revocation - how to have your tax-exempt status reinstated
Nonprofits are explicitly not allowed to participate in or intervene in any political campaign for a candidate or party.
Restriction of political campaign intervention by Section 501(c)(3) tax-exempt organizations