Nonprofit 101: Should You?
Starting a nonprofit sounds honorable. It is also heavily regulated, paperwork-heavy, and slow to fund. Before you file anything, read this.
– 3 min read
Starting a nonprofit sounds honorable. It is also heavily regulated, paperwork-heavy, and slow to fund. Before you file anything, read this.
Thinking about starting a nonprofit because you want to help your community?
Pause for a moment.
A nonprofit is a legal structure. It is governed by federal and state law. It comes with reporting obligations, board requirements, restrictions on profit distribution, and ongoing compliance.
Many women of color founders consider nonprofits because they care deeply about impact. The question is whether a nonprofit is the right vehicle for that impact.
Let’s walk through it clearly.