501c3 Status

Related information

IRS publications

• Applying for 501(c)(3) Tax-Exempt Status http://www.irs.gov/pub/irs-pdf/p4220.pdf
• Compliance Guide for 501(c)(3) Public Charities http://www.irs.gov/pub/irs-pdf/p4221pf.pdf
• Tax-Exempt Status for Your Organization http://www.irs.gov/pub/irs-pdf/p557.pdf
• http://www.irs.gov/Charities-&-Non-Profits/Annual-Electronic-Filing-Requirement-for-Small-Exempt-Organizations-Form-990-N-%28e-Postcard%29

Stuff needed to 'get' 501c3 status

Primary task masters: Dan and ???

1. Get a Seattle City Business license - $67 with late fees and credit/debit surcharge.
   DONE by mfoster...but paperwork was to arrive via postal mail... maybe Jon has it?

• Customer # (Business license #) : 769603
• Legal Name: FREE GEEK SEATTLE Trade Name: FREE GEEK SEATTLE
• 20226 23RD PL NW SHORELINE, WA 98177-2327
• NAICS: 811212, Computer and Office Machine Repair and Maintenance
• License types: BUSINESS LICENSE
• Renewal Date: 12/31/2014 Phone: (206) 486-6105

1. Register our state business license
   ^^ Unassigned
2. File our state taxes with the Department of Revenue - We can almost assuredly declare no revenue, donations are not counted as revenue if your a state nonprofit. - Medium priority, can easily be backdated.
   ^^ Unassigned
3. Create a EIN/TIN or create one if we don't have one.
   DONE by mfoster..EIN Assigned (2014-04-25): 46-5557264
4. Register a DUNS Number
   ^^ Unassigned
5. Obtain a copy of our bylaws, or create them based on FG Portlands
   DONE by mfoster
6. Obtain a copy of our Articles of Incorporation
   DONE by Jon
7. Secure a signed letter stating that we operate under the Filipino Community Center's 501c3 status & get a copy of the IRS Letter of Determination of 501c3 status for the Filipino Community Center.
   Assigned to Jon
8. Open a checking account @ BECU
   ^^ Unassigned
9. Open a credit card, build credit so we may avoid deposits on monthly services when we get them, and make getting loans or renting/leasing space significantly easier.
   ^^ Unassigned
10. Create a Paypal account to use for sales@
    DONE by Dan

501c3 filing

• step by step guide by the IRS (url?) http://www.irs.gov/pub/irs-pdf/p4220.pdf

Forms

• FORM SS-4 - Application for EIN - http://www.irs.gov/pub/irs-pdf/fss4.pdf
• Form 1023 - Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code - http://www.irs.gov/pub/irs-pdf/f1023.pdf

ask to expedite to avoid waiting potentially 3 to 11 months.
There are a few steps here...

1. draft the paperwork
2. review with a lawyer
3. file with the IRS.

Then we're a full blown 501c3 & could start sponsoring other up and coming nonprofits, give tax deductible donation receipts (we already do this often through FCS), etc

Disclosure

Pub 4220 sez:

Section 501(c)(3) organizations must make their applications (Form 1023 or 1023-EZ) and the annual returns 
(Form 990, Form 990-EZ or Form 990-PF) available to the public for inspection, upon request and without charge
(except for a reasonable charge for copying). Each annual return must be made available for a three-year period
starting with the filing date of the return