Harvey Nonprofit Consulting Group specializes in filing Form 1023 and 1023 EZ on behalf of organizations seeking to gain tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. By handling the complex and detailed application process, the company ensures that nonprofits, charities, and religious organizations can focus on their missions without getting bogged down by paperwork.
Obtaining 501(c)(3) status is essential for organizations to receive tax-deductible donations, qualify for grants, and establish legitimacy within their communities. Properly filing these forms is critical, as errors or omissions can lead to delays or denials from the IRS. Harvey NPO Consulting Group streamlines the process, providing expert guidance and ensuring compliance with IRS regulations, allowing organizations to achieve tax-exempt status efficiently and confidently.
Form 1023 and Form 1023 EZ are both used by organizations to apply for 501(c)(3) tax-exempt status with the IRS, but they differ in complexity, eligibility requirements, and the amount of information required.
This is the standard form for organizations seeking tax-exempt status. It is longer (approximately 28 pages) and more detailed, requiring a comprehensive description of the organization’s activities, governance, financial history, and future plans. This form is typically used by larger or more complex organizations, especially those with projected annual revenues exceeding $50,000. It also asks for more detailed narrative descriptions of the organization’s operations, making the approval process more thorough.
This is a simplified, shorter version of the standard Form 1023 (about 3 pages) and is designed for smaller organizations with projected annual gross receipts of $50,000 or less and total assets of $250,000 or less. It requires much less information, and the process is quicker, but only organizations that meet specific criteria are eligible to file it.
Unlock your organization’s potential with Harvey NPO Consulting Group. Whether you need help with fundraising, tax-exempt status, or strategic planning, we’re here for you.
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