How do you write a narrative description for Form 1023?

Using an attachment, describe your past, present, and planned activities in a narrative.

1. What is the nonprofit activity?
2. Who conducts the activity?
3. When is the activity conducted?
4. Where is the activity conducted?
5. How does the activity further the nonprofit organization’s exempt purposes?

How does the activity further your exempt purposes answer?

How does the activity further your exempt purposes? It augments efforts to help people on the spectrum acquire and / or keep jobs.

How long does it take for Form 1023 to be approved?

The average processing time for Form 1023-EZ is about 2-4 weeks. By contrast, Form 1023 can take between 3 and 6 months for processing, and it could take up to a year.

What is the proper way to write 501c3?

501(c)(3) organization. A 501(c)(3) organization is a corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US.

What is a nonprofit narrative?

Nonprofit storytelling lets donors and volunteers know that they are making an impact and making life better for real people. In other words, you are letting your donor know that she is part of your story and most importantly part of the beneficiary’s story.

How much does Form 1023 cost to file?

The user fee for Form 1023 is $600. The user fee for Form 1023-EZ is $275. The user fees must be paid through Pay.gov when the application is filed.

Can a nonprofit have more than one NTEE code?

An NTEE Code is assigned by the IRS based on information supplied with an organization’s Form 1023 when applying to be recognized as exempt. If more than one code is found to be assigned by the IRS, any one of the assigned codes may be selected for use on a profile.

Can I file Form 1023 online?

Beginning January 31, 2020, applications for recognition of exemption on Form 1023 must be submitted electronically online at Pay.gov. The IRS will provide a 90-day grace period during which it will continue to accept paper versions of Form 1023 (Rev. 12-2017).

What are the narratives in IRS Form 1023?

Here are some narratives contained in IRS Form 1023s filed by 501 (c) (3) organizations.

What is the purpose of Part IV of the Form 1023?

the rest of the part IV of the Form 1023 is designed to reveal information regarding your activities with members, individuals, and organizations who might receive benefits from you along with your legislative activities. Most of the questions are self explanatory but I will highlight the traps and important ones here.

Which is the longest section of the Form 1023?

Specific Activities is a part of the longest section of the form 1023 application and the trickiest one as well. When the IRS ask you to be specific, just buckle up.

Where can I find the IRS narrative description?

To find a ruling that matches your case, you can access the complete archive on IRS website by searching “Revenue Rulings Archive”. Here you can download a zip file containing several narrative description of activities from successful applications for tax exemption.