Starting a business is relatively easy. There are lorry loads of resources to leverage and professionals to guide you. Either way, with the right commitment, plan, and focus, you can get your business up and running in no time. However, when it comes to nonprofits, things are usually unclear and, perhaps, tricky.
How do you fund your nonprofit? How do you persuade people to join your cause? How do you even establish a nonprofit? These are common problems nonprofit enthusiasts face. However, you don't have to face these problems, especially if you want to establish a nonprofit organization.
Below is a clear roadmap on how to head or lead a nonprofit organization. However, before we dive right in, let's take a brief look at what a Christian nonprofit organization is.
What is a Christian Nonprofit Organization?
Christian nonprofit organizations are like the normal charitable organizations you know. But, there is a huge difference. Unlike secular charities like Feed the Children, Red Cross, and similar nonprofits, Christian nonprofits are often associated with or inspired by Christian religious beliefs.
Christian nonprofits are a key part of any community. Thanks to their work on the ground, these organizations often have a better understanding of the needs of their neighborhood and, with the knowledge, can provide personalized services to those in need.
Below is a to-do list designed to help you establish a Christian-nonprofit, hassle-free.
Every business owner needs to have management skills. The same applies to individuals seeking to establish a Christian nonprofit. If you are eager to start a successful Christian nonprofit organization, you need to get a degree in management.
It doesn't matter if it's a BS degree in organizational management or a Master's degree in organizational leadership; whichever option you go for is great. But, whatever you do ensure you acquire the appropriate knowledge and skills needed to run a Christian nonprofit as it would help in times of difficulties.
2. Create a Mission Statement
The Red Cross, Unity Way, Feed the Children, and other similar charities exist for a reason. For instance, the Red Cross helps alleviate human suffering and protect life and health, especially during armed conflicts—that is their mission statement. What about yours? What is your mission statement?
Before establishing a nonprofit, you need to write a mission statement outlining your goals, visions, and overall intention. Afterward, include it on the legal documentation needed for tax-exemption status. Your mission statement will serve as a guide to volunteers and other stakeholders.
3. Form Boards of Directors
You cannot run a Christian nonprofit on your own, so you'll need to create a board of directors. These individuals will assist you in handling tasks, assignments, structural and legal issues related to running the organization. You'll need the assistance of a financial advisor, preferably Christian financial advisors, including individuals skilled in organization skills and those with robust connections in running your Christian nonprofit. Accountants, political leaders, religious leaders, lawyers, or bankers, will make the good board of directors too.
4. Create a Business Plan and Budget
A business plan and a budget are key instruments in establishing a nonprofit organization. While a business plan helps you manage your organization, a budget will determine how much money will be needed to run the organization for a certain period.
Your budget should outline how you plan to get grants and donations, including ideas for fundraisers. Carry out extensive research to determine the techniques used by similar organizations to conduct fundraising campaigns, then use the knowledge gathered to create yours.
5. File the necessary paperwork
To get your organization up and running, you need to file the necessary paperwork to the territory in which you want your organization incorporated. The paperwork includes:
- Paperwork for obtaining 501(c) status with the IRS
- Paperwork for acquiring federal employer identification and obtaining local and state tax exemption from local and state departments of revenue.
Ensure you contact a tax professional if you are unsure of the paperwork to file.
Establishing a Christain nonprofit is nothing like starting a business. Thus, ensure you plan adequately before taking any crucial step. If needed, talk to individuals who have set up similar nonprofits for insights. If you hit a wall and need help, contact a consultant.