G&G Legal FAQs
- Filing for Nonprofit Status?
Incorporating an entity as a nonprofit can result in significant tax breaks that are designed to enable charitable and other organizations to better carry out their mission. However, filing for nonprofit status requires jumping through a number of hoops, and the process can be very complicated.
- Starting a Nonprofit?
Starting a nonprofit is not much different from forming any other type of business entity. However, due to the unique tax status of nonprofit and charitable organizations, the overall process can be significantly more difficult and complex than a straightforward business formation.
- Safely Navigating Political Activity?
Although churches and other religious ministries share many similar issues as other nonprofits, they also have many unique needs given their protected First Amendment status. Failing to take the proper precautions, follow government regulations, or establish transparent procedures can result in potential lawsuits against your church or even the loss of your church’s tax-exempt status. Our attorneys are experienced in navigating the special issues pertaining to churches and other religious ministries.
- Regulatory Compliance?
Today’s nonprofit and charitable organizations exist in an age where regulations rule. Regulations govern every stage of a nonprofit organization’s life. Regardless of your charity’s size, whether a small startup, an educational institution, a trade association or a multimillion-dollar endowment, it is crucial that your organization is armed with the knowledge and know-how to stay in compliance with government regulations. If led astray, your nonprofit could be assessed stiff penalties or even revocation of nonprofit status.
- Restrictions on Nonprofit Fundraising and Lobbying?
There are certain restrictions that nonprofit and charitable organizations must follow in order to retain their privileged tax status, particularly in the areas of fundraising and lobbying. Some types of organizations are prohibited from lobbying altogether, while others may engage in this practice. It is also important to make sure that nonprofit and charitable groups also practice fundraising within the confines of the law.