How to Start a Nonprofit in Missouri

Starting a nonprofit organization in Missouri can be a rewarding and fulfilling experience, but it also requires careful planning and attention to detail. In this article, we'll guide you through the process of starting a nonprofit in Missouri, from registering your organization to obtaining tax-exempt status.

Step 1: Choose a Name and Register Your Organization

Before you can start registering your nonprofit, you'll need to choose a name that is unique and not already in use by another organization. You can search the Missouri Secretary of State's website to see if your desired name is available. Once you've chosen a name, you'll need to register your organization with the Missouri Secretary of State's office.

Step 2: Obtain Tax-Exempt Status

To obtain tax-exempt status, you'll need to file Form 1023 with the Internal Revenue Service (IRS). This form is used to apply for 501(c)(3) status, which is the most common type of tax-exempt status for nonprofits. You'll also need to provide financial information and a detailed description of your organization's purpose and activities.

Step 3: Obtain a Federal Employer Identification Number (EIN)

You'll need to obtain an EIN from the IRS to use for tax purposes. You can apply for an EIN online or by mail.

Step 4: Create a Board of Directors

Your nonprofit will need a board of directors to oversee its operations and make decisions on behalf of the organization. Your board should include a mix of individuals with different skills and expertise.

Step 5: Develop a Business Plan

You'll need to develop a business plan that outlines your organization's mission, goals, and strategies for achieving those goals. Your business plan should also include financial projections and a budget.

Step 6: Obtain Insurance

You'll need to obtain insurance to protect your nonprofit and its board members from liability. You can obtain insurance through a commercial insurance provider or through a nonprofit insurance provider.

Step 7: File Annual Reports

You'll need to file annual reports with the Missouri Secretary of State's office and the IRS to maintain your nonprofit's tax-exempt status.

Step 8: Comply with State and Federal Laws

You'll need to comply with state and federal laws and regulations that apply to nonprofits, including laws related to fundraising, financial reporting, and employee benefits.

Conclusion

Starting a nonprofit in Missouri can be a complex and time-consuming process, but it's also a rewarding and fulfilling experience. By following these steps, you can ensure that your nonprofit is properly registered and compliant with state and federal laws.