Q&A #8 with Greg: Moving Your Nonprofit to Another State

[@FoundationGroup]

If you need help filing for IRS 501(c)(3) status, we’d love to help. Fill out the form at bit.ly/3i6rFxz or give us a call at 888-361-9445.

[@waynecmontgomery]

Great video Greg !!! One should only incorporate in Delaware if you need a flexible management structure or you live there and will not be able to get a minimum number of directors as required by some state laws. Delaware allows for a more flexible management structure as you only need 1 director and NO Officers to form a nonprofit there. Also, I see you do NOT have a Thanks button. You should think about putting one up so that guys like me can donate to your cause. Also, are you offering corporate address services still? Also, I think you need to inform nonprofits that do NOT have tax exemption from the IRS they will be subject to the CTA or the Corporate Transparency Act on Jan 1st.

[@FoundationGroup]

Good advice about the CTA. We may be doing a short video on that soon. We have held off on going wide with registered agent services until we get internal technology ready to handle volume without a lot of human babysitting. 1st half of 2024 will likely see that relaunched.

[@waynecmontgomery]

@@FoundationGroup Happy Holidays !!!

[@TrottingHomeEquineRescue]

We are a 501c3 Horse rescue in North Carolina. We are moving to South Carolina. I am lost as to what I need to do. We are incorporated.

[@FoundationGroup]

We can help you sort this out. Give us a call at 888-361-9445 or submit a "Contact Us" form online at www.501c3.org/contact-us/. We look forward to helping you!

[@AjitKumar-sv3uq]

Thanks Greg, I have 2 Sports Organizations with 501c3 status in Kansas. I think, I have just Kansas Non-Profit status this year but no other than IRS status. Not dealing with KS other than SOS renewal. If I move to another State and register same names and and respite to IRS, Is this okay? What’s the way to do this? Or an option to transfer the registration? I have no assets other than couple thousand dollars donated by me or my business. Please advise.

[@FoundationGroup]

Not fully following your question, but it sounds like you're asking if you should try to re-incorporate in your new state if you move from Kansas. As Greg stated in the video, that is not the best solution usually. It's easier in most situations to keep your corporation based in Kansas and get permission from your new state to operate there, a filing called a Certificate of Authority.

[@lexdel5937]

How can I file my application do you guys

[@FoundationGroup]

If you need help filing your application, we can help! You fill out the form at bit.ly/3i6rFxz or give us a call at 888-361-9445. We look forward to talking with you.

[@artsinct3472]

Hello Greg, Barbara here. I made a grave mistake in naming the state for my nonprofit, I have moved and I see better opportunities in other states. I want to change the nonprofit's name because it is stopping our growth. I spoke with someone, and they said I would have to start all over after being incorporated for 10 years. Is this true? Can I use a DBA because in other states, I can open a bank in the DBA name? Thank you for your help.

[@FoundationGroup]

You've been misinformed. There's absolutely no reason you can't change your name. You can change it officially by filing an amendment to your Articles of Incorporation, then informing the IRS in Part 1 of your next Form 990. You most likely can go the DBA route, as well.