501c3 todo

This is a rough todo page for Tyler and others helping to answer 501c3 application questions.

Notes

Part III

• 1 Section 501(c)(3) requires that your organizing document state your exempt purpose(s), such as charitable, religious, educational, and/or scientific purposes. Check the box to confirm that your organizing document meets this requirement. Describe specifically where your organizing document meets this requirement, such as a reference to a particular article or section in your organizing document. Refer to the instructions for exempt purpose language. Location of Purpose Clause (Page, Article, and Paragraph)
  • This is in ARTICLE 1 - "Purposes section of bylaws", but could be clearer as to how our purpose relates to the "exempt purposes"
• 2a Section 501(c)(3) requires that upon dissolution of your organization, your remaining assets must be used exclusively for exempt purposes, such as charitable, religious, educational, and/or scientific purposes. Check the box on line 2a to confirm that your organizing document meets this requirement by express provision for the distribution of assets upon dissolution.
  • We appear to not have any dissolution clause(s) in our bylaws

Part V

• 4a Do you or will the individuals that approve compensation arrangements follow a conflict of interest policy?
  • Answered NO
  • It is recommended to have a conflict of interest policy in setting compensation - do we have one?
• 5a Have you adopted a conflict of interest policy consistent with the sample conflict of interest policy in Appendix A to the instructions? If “Yes,” provide a copy of the policy and explain how the policy has been adopted, such as by resolution of your governing board.
  • Review Appendix A to the instructions to confirm our policy, Article III - Section 3.9, meets their requirements

Part VI

• The following “Yes” or “No” questions relate to goods, services, and funds you provide to individuals and organizations as part of your activities. Your answers should pertain to past, present, and planned activities. (See instructions.)
  • Review instructions
  • Do conferences and premium donations count as good/services?
• 4a Do you or will you undertake fundraising? If “Yes,” check all the fundraising programs you do or will conduct. (See instructions.)
  • Review instructions

Required Attachments

Part II

• 1 Articles of incorporation
• 5 Bylaws

Part IV

• Using an attachment, describe your past, present, and planned activities in a narrative. If you believe that you have already provided some of this information in response to other parts of this application, you may summarize that information here and refer to the specific parts of the application for supporting details. You may also attach representative copies of newsletters, brochures, or similar documents for supporting details to this narrative.
• Narrative description of organisation purpose needed

Part V

• 1a List the names, titles, and mailing addresses of all of your officers, directors, and trustees. For each person listed, state their total annual compensation, or proposed compensation, for all services to the organization, whether as an officer, employee, or other position. Use actual figures, if available. Enter “none” if no compensation is or will be paid. If additional space is needed, attach a separate sheet. Refer to the instructions for information on what to include as compensation.
  • Provide list of all officers, etc.
  • Include all VP's?
  • Necessary for volunteers
• 3a For each of your officers, directors, trustees, highest compensated employees, and highest compensated independent contractors listed on lines 1a, 1b, or 1c, attach a list showing their name, qualifications, average hours worked, and duties.
  • Necessary for volunteers?
• 4g ... describe how you set compensation that is reasonable for your officers, etc.....
• 5a Have you adopted a conflict of interest policy consistent with the sample conflict of interest policy in Appendix A to the instructions? If “Yes,” provide a copy of the policy and explain how the policy has been adopted, such as by resolution of your governing board.
  • Supply copy of policy from bylaws Article III - Section 3.9

Part VI

• 4a Do you or will you undertake fundraising? If “Yes,” check all the fundraising programs you do or will conduct. (See instructions.)
  • Attach a description of each fundraising program.
• 4d List all states and local jurisdictions in which you conduct fundraising. For each state or local jurisdiction listed, specify whether you fundraise for your own organization, you fundraise for another organization, or another organization fundraises for you.
  • Should be easy: ALL, just us