Monday, July 26, 2010

Nonprofit Planning!

To successfully establish a new nonprofit organization, many factors must be considered. What is its mission? What type of organizational structure and classification will best suit its purpose? What are the steps to develop an effective strategic plan? Where will the organization find funding? What licenses, permits, and registrations does the District government require?
Once a nonprofit organization is up and running, it must maintain good standing with the District government. On-going requirements (if applicable) include renewing the organization's business license, reporting income, and paying taxes. License renewals and payments will depend on the type of organization, and the date of your original business license application.

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