We have our EIN number!! =) Have to wait up to 2 weeks for it to become part of the IRS's database so we can get our TIN and start applying for grants, but we're on our way! I have also requested our DUNS number, which is also needed to register on the grants.gov website before we can start applying. I should get that one by email in 1-2 days.
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I have submitted an application with the Charitable Programs division of the Secretary of State for Our Shared Hopes. First plus over the non-profit application.....this time it was free! =) Next I will file for an EIN number with the IRS...which is also free. Our tax-exempt status is 'Automatically Exempt' - as long as we are below the income limit of $5000 each year. (last year we received apprx. $500 in donations) =D
Had a great meeting tonight! A huge thank you to Angie Camp for stopping by and sharing her experiences with non-profits and the tax-exempt status process! We have decided to give up our non-profit corporation status (for the time being), and change our structure to a basic Charitable Organization for the next few years until we are better equipped to handle the requirements and fees associated with the non-profit status. This will not change our mission or goals, but will simply change our tax classification to a better one while we get this organization on more solid ground.
In response to low turnouts this past year, we have decided against holding meal events for the 2011 holiday season. Instead, we will host a toy drive, and sponsor families from the local school districts. We will provide a food basket, containing everything needed to prepare a complete holiday meal, to at-risk families in our communities. This will be done for both Thanksgiving and Christmas, with the addition of gifts for the children at Christmas. We will return to our meal events once our tax-exempt status is obtained. At that time, we will be able to solicit donations from large corporations, as well as to apply for grants, to be applied to the rental of halls within the Tacoma ci...ty limits, where we can reach out to people who are literally living on the streets and bring them into a warm, festive atmosphere where they can relax and enjoy a full holiday meal. We will be inviting Stew Bowen, the director of the Bonney Lake Food Bank, to our September meeting in order to learn more about the 'Backpack' program for the local schools. At that time, we will also inquire of the possibility of helping with the holiday meal baskets that the food bank provides to low income families in our area. |
AuthorNikki Thurston Archives
November 2023
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