These documents are intended to inform individuals who are considering forming a nonprofit corporation in Texas.
Choosing the Right Corporate Structure
This document discusses various factors to consider when choosing between an unincorporated association and incorporation.
Comparison Chart of Nonprofit Corporations vs. Associations
This chart displays certain differences between nonprofit corporations and nonprofit unincorporated associations.
The Basics of 501(c)(3), 501(c)(4), and 501(c)(6) Tax-Exempt Status
Section 501 of the IRS Code exempts certain types of organizations from taxation. Section 501(c) describes the different types of organizations that are eligible to tax-exempt status and the requirements they must meet to gain that status.
Chart of the Benefits and Drawbacks of 501(c)(3), 501(c)(4), and 501(c)(6) Status
This chart compares the benefits and drawbacks of different types of tax-exempt status.
Getting Tax Exempt Donations Without All the Paperwork: Fiscal Sponsorship as an Alternative to Forming a 501(c)(3) Corporation
Donors rarely give funds to organizations that do not have 501(c)(3) tax status. However, it can take a great deal of time and resources to comply with the requirements under Section 501(c)(3). When an organization is small, temporary, or is just starting out, it may make more sense for the group to explore alternatives to forming a new nonprofit corporation, such as fiscal sponsorship.