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ESTABLISHED IN 1992
MARYLAND NONPROFITS IS HERE TO SUPPORT YOU


"Maryland Nonprofits has been a tremendous resource to us for over 15 years. We recommend membership to all of our partners!" -- Holly Ireland, MidShore Mental Health Systems
START A NONPROFIT PHASE 1

RESEARCH & ORGANIZE


  • ESTABLISH A PURPOSE
    The purpose of the organization needs to be exclusively charitable and/or educational, aligning with the restrictions of IRS 501(c)(3).
  • RECRUIT A BOARD OF DIRECTORS
    This should be a group of at least 5-7 unrelated individuals that will be responsible (legally) as fiduciaries for the organization's governance, finances, and legal compliance (You should attempt to have a majority of “unrelated” individuals on your board, which relates both to familial and business relationships).  The most important quality of a successful board member is commitment to mission.
  • RESEARCH SIMILAR ORGANIZATIONS
    Conduct a market analysis to identify other organizations that have similar purposes to your intended organization. Such organizations are resources to help you determine the need in the community, the viability of your idea, the types of programs that already exist, and the potential level of support, both financial and otherwise, that exists. If you are at all unsure about what it takes to run a successful nonprofit, these agencies will be rich resources from which to learn – they are most likely to know “what it really takes” to make it work.
  • DEVELOP PROGRAM PLANS & A BUDGET
    You will need to describe your proposed program activities in detail. This includes exactly whom you plan to serve and by what means. Once you make those determinations you will need to create a budget forecast for your first three years. This includes all expected forms of income (grants, donations, fee for service, etc.) and necessary expenses to operate your business and deliver the programs described.
  • CREATE A MISSION STATEMENT
    Your founding board must articulate a mission for the organization: a clear, brief statement that tells the community what your purpose is, and what you wish to accomplish through your charitable efforts.

  • DRAFT BYLAWS
    Bylaws are the organization’s rules for internal governance, and dictate the specifics regarding how the board of directors functions and how important decisions are made and carried out. Bylaws should be signed by at least two officers and must be attached to the federal tax-exemption application (but do not need to be submitted to the State).  Download Sample Bylaws customizable template.
  • DEVELOP A CONFLICT OF INTEREST POLICY
    This policy will assure that conflicts of interest are avoided whenever possible and mitigated when decisions are made regarding the use of organizational resources and/or assets. A conflict of interest policy and accompanying declaration of interest statement help to protect the organization and its board members in cases where competing interests exist. *Conflict of Interest Policy should be attached to federal tax-exemption application. Members can download a copy of the Conflict of Interest Policy template, join now



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