How do I register a non profit organization in Arkansas?

Posted on by Emilia Duggan

How do I register a non profit organization in Arkansas?

How to Start a Nonprofit in Arkansas

  1. Name Your Organization.
  2. Recruit Incorporators and Initial Directors.
  3. Appoint a Registered Agent.
  4. Prepare and File Articles of Incorporation.
  5. File Initial Report.
  6. Obtain an Employer Identification Number (EIN)
  7. Store Nonprofit Records.
  8. Establish Initial Governing Documents and Policies.

How do I file for a 501c3 in Arkansas?

To form a 501(c)(3) nonprofit organization, follow these steps:

  1. Step 1: Name Your Arkansas Nonprofit.
  2. Step 2: Choose Your Registered Agent.
  3. Step 3: Select Your Board Members & Officers.
  4. Step 4: Adopt Bylaws & Conflict of Interest Policy.
  5. Step 5: File the Articles of Incorporation.
  6. Step 6: Get an EIN.

What qualifies as a charitable organization?

Qualified organizations include nonprofit groups that are religious, charitable, educational, scientific, or literary in purpose, or that work to prevent cruelty to children or animals. You will find descriptions of these organizations under Organizations That Qualify To Receive Deductible Contributions.

Do non profits pay franchise tax in Arkansas?

Do Business the Right Way Each year, Arkansas corporations and LLCs are legally required to file an Arkansas Franchise Tax Report. Arkansas nonprofits, LPs, LLPs, and LLLPs don’t have to file a tax report; however, they do need to submit an annual report.

How much does it cost to start a non profit in Arkansas?

To start a nonprofit corporation in Arkansas, begin by filing nonprofit articles of incorporation with the Arkansas Secretary of State. You can file the document online or by mail. The articles of incorporation cost $45 to file online and $50 to file by mail.

How do you create a charitable organization?

10 basic steps for starting a California nonprofit public benefit corporation:

  1. Determine the name of the corporation.
  2. Draft and file the articles of incorporation.
  3. Appoint the board of directors.
  4. Draft the bylaws and conflict of interest policy.
  5. Take the initial board actions.
  6. Obtain an employer identification number (EIN)

What qualifies for charitable donation?

If you pay more than fair market value to a qualified organization for goods or services, the excess may be a charitable contribution. For the excess amount to qualify, you must pay it with the intent to make a charitable contribution.

Who must pay Arkansas franchise tax?

§ 26-54-101 et al., also known as the “Arkansas Corporate Franchise Tax Act of 1979”, requires all Corporations, LLC’s, Banks, and Insurance Companies registered in Arkansas to pay an annual franchise tax.

What happens if you don’t pay franchise tax Arkansas?

It depends on how many Franchise Tax reports you’ve failed to file. For each delinquent Franchise Tax report, Arkansas LLCs are charged a $25 late fee plus 10% interest on the total amount due. The interest continues to accrue, but the total penalty won’t be more than twice the original amount you owe.