Frequently asked questions

1. What are the eligibility criteria for applying for 501(c)(3) status?

Your organization must already be established as a nonprofit (either incorporated or chartered). It should have been incorporated or formed within 25 months prior to initiating the 501(c)(3) application. The formation date is determined by the earliest of your EIN/Tax ID number issuance, articles of incorporation, or charter. Additionally, the organization is restricted from including certain programs such as financial literacy (which may need to be renamed) and disaster relief in its application.

2. Are nonprofit organizations and 501(c)(3) tax-exempt organizations identical?

No, they are distinct entities. A nonprofit organization is created at the state level through the Secretary of State’s office or with the assistance of a third-party service like a consultant or attorney. Obtaining 501(c)(3) tax-exempt status is a subsequent step that follows nonprofit establishment. This tax exemption is crucial as it allows the organization to receive tax-deductible donations and qualify for grants and other funding opportunities. To access these benefits, an official 501(c)(3) tax-exempt letter from the IRS is necessary.

3. What does the $475.00 fee for 501(c)(3) application preparation include?

For $475.00, Strategic Management LLC will handle the preparation of your organization's 501(c)(3) application. Additionally, this service includes access to 10 tailored grant opportunities that align specifically with your organization’s primary programs and community services.

4. Is the IRS filing fee of $275.00 included in the service price?

No, the $275.00 fee for IRS filing is separate and must be paid directly to the IRS. See Store

5. How can I utilize Klarna to pay for services or products from Strategic Management LLC?

Klarna allows you to split your payment into four installments over six weeks, with payments due every two weeks. This payment option provides greater flexibility, making it easier and more convenient to engage with our services on a schedule that suits you.

6. What is the turnaround time for completing the 501(c)(3) application after submission?

Once you submit your organization's information, we typically complete the preparation of the 501(c)(3) application within five business days.

7. When will the online workshops “Grant Writing Made Simple” and “I Have My 501(c)(3), What Are the Next Steps” be available?

These workshops are scheduled to be available starting November 20, 2024. You can register at any time before this date. Additionally, if you purchase two products (excluding the 501(c)(3) application preparation services and IRS filing fee), you will receive a third product for free. For example, purchasing one or two online workshops or a business directory will qualify you for a complimentary third item under our "buy two, get one free" promotion.

8. What is included in the 501(c)(3) or business directory?

Strategic Management LLC offers a comprehensive and detailed directory that includes a wide range of grants, funding sources, and programs tailored to fit any type of organization’s needs.