Question: Can I get paid from my non-profit?

Answer: Absolutely! Develofund seeks to empower communities. Our packages are designed to ensure that when you are done working with us, the funding you secure will pay salary for you and/or your staff, support your programs and activities

Question: I’m not in Atlanta, can you still help me? 

Answer: Of course, ours is a digital service, we will meet virtually and all filings can be done online. If you need to meet with us in person, we will come to you!

Question: Do you offer payment plans?

Answer: Yes, we feel this is the best way to serve your ogranization. Our payment plans break down the non-profit start-up process into bite sized pieces you can handle.

Question: Why contract with Develofund?

Answer: The Develofund team has experience at many levels working inside Social Service Agencies, Universities, for Federal, State, and Local Governments, as well as the 1st and 2nd sectors. We have helped 1 man operations as well as international charities. We know what steps you need to take to become a nationally recognized agency. Give us a call 833.501.3863 (FUND) to schedule a consultation and learn how we can help you meet your goals.

Question: What if our grant is not awarded?

Answer:  No grant writer can guarantee a proposal’s success. However, DeveloFund offers the Grant Pledge. We will research, rewrite, and submit a minimum of one new grant in the event your grant proposal is rejected. Restrictions apply.

Question: How much money do I need to start a non-profit

Answer:  Our advice to non-profit founders is to have access to a minimum of $2,500 our fees included. The organization should expect to expend around $3,500 within the first year to setup an office, equipment, print materials, and pay registrations fees.  It is not necessary to have this amount up front as we can develop a strategic plan for launch . Some fees to consider 400.00-800.00 to the IRS for Tax Exemption. 50.00-300.00 for Secretary of State Registrations. Our clients receive a logo and website with Development Contracts. These alone can range from 350-4500 from other businesses.

Question: How long does it take to start a non-profit organization?

Answer:  It generally takes a year to build a sustainable organization. Our contracts can be for one time assistance through a grant or a full walk-through for the life-time of the organization. Depending on what your goals are, expect to work with us for a minimum of 6 months on your contract.

Question:  What does it mean to be non-profit?

Answer:   Being a non-profit means that you deliver a charitable service to the public or a subset of the public. In order to be classified as tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual. In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates.

Organizations described in section 501(c)(3) are commonly referred to as charitable organizations. Organizations described in section 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with Code section 170.

The organization must not be organized or operated for the benefit of private interests, and no part of a section 501(c)(3) organization’s net earnings may inure to the benefit of any private shareholder or individual. If the organization engages in an excess benefit transaction with a person having substantial influence over the organization, an excise tax may be imposed on the person and any organization managers agreeing to the transaction.

Section 501(c)(3) organizations are restricted in how much political and legislative (lobbying) activities they may conduct. For a detailed discussion, see Political and Lobbying Activities. For more information about lobbying activities by charities, see the article Lobbying Issues; for more information about political activities of charities, see the FY-2002 CPE topic Election Year Issues.

Source IRS Website

Question: Which not-profit classification will best fit my organization?

Answer: It is in your best interest to contact us for details concerning your organization. Email us at info@develofund.com or call 833.501.3863 (FUND)

 

If you have a question, not already addressed above, please submit your inquiry here.