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Forum nameOkay Activist Archives
Topic subjectRE: has anyone started their own non for profit?
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=22&topic_id=30112&mesg_id=30113
30113, RE: has anyone started their own non for profit?
Posted by Nettrice, Sat Apr-23-05 09:02 AM
>how long did it take?

Still working on it. The big decision is whether or not it should be for profit or nonprofit. Economics (funding streams) has a lot to do with it. One of the major challenges for nonprofits is finding funding. After we incorporated, the funding situation was hot for a quick minute (year or so) and then it wasn't. You have to plan for that.

>where did you estb it?

MA even though the board members were from all over the country.

>what are the most challenging parts of starting one?

Engaging a board that is not local, sees each other a couple of times (or less) per year. I didn't submit the completed 501(c)3, yet, because I am trying to decide whether or not to be nonprofit.