1. 501c3 Status: Reaping the Perks and
Avoiding the Pitfalls
In order to qualify for official nonprofit status, there are a few regulatory
hoops to jump through. With the aid of a law firm experienced in nonprofit
filings and regulation, your organization can prosper and grow.

2. Representing the Public Interest
The requirements for 501c3 nonprofit status are broadly defined, and the status
itself is often called the churches and charities exemption. Though not limited
to churches and charities, the business in question must meet basic criteria by
operating in the public interest. The organization can be something like a no-kill
animal shelter or a children's after-school tutoring program.

3. Another option is that of a church or affiliated religious organization where the
organization's directors and board sincerely espouse the beliefs and faith of
the religion operating the organization. Outside of churches and charities,
scientific organizations conducting research in the public interest qualify, as
do literary and educational organizations so long as they are instructing the
public on factual subjects.

4. Good for Good
The benefits of forming a nonprofit for these types of organizations are many,
but in particular the 501c3 status confers credibility in the nonprofit, public
interest and charitable communities. It is seen as a stamp of approval; proof
that an organization has been found to be legitimate and trustworthy.