Starting a not-for-profit is exciting, but the process can feel overwhelming if you're doing it alone. As a CPA firm specializing in not-for-profits, Fontana CPAs, we take the stress out of the process by guiding you through the steps and handling the financial and tax-related filings for you.
One of the most important steps is getting official recognition from the IRS as a 501(c)(3) tax-exempt organization. This is done by filing Form 1023, and it’s what allows you to:
Determine if you file IRS Form 1023 or Form 1024
You’ll file IRS Form 1023 or Form 1024 depending on your organization’s size and structure. Both IRS applications are used by organizations seeking tax-exempt status under the Internal Revenue Code.
At Fontana CPAs, we complete and submit your IRS Form 1023 or Form 1024, including financial projections, required schedules, and attachments, ensuring it’s done correctly to avoid delays.
Form 1023: Is the application for Recognition of Exemption Under Section 501(c)(3)
Form 1024: Is the application for Recognition of Exemption Under Section 501(a)
How Fontana CPAs Help
Filing for Form 1023 can be overwhelming but we make it simple. As a not-for-profit-focused CPA firm, Fontana CPAs, take care of the registrations, tax filings, and compliance work so you can focus on your mission. Whether you’re just getting started or need help after forming, we are here to help.
Contact Us for a FREE Initial Consultation
Or call us today at 727-799-9533 to discuss your not-for-profit or small business needs with an experienced CPA.
