As you work toward realizing your vison, there are several important steps to consider.  A solid foundation, a written road map of where you are and where you are going, and a simple plan will help you achieve your goals.

FIRST THINGS FIRST

ð       Choose a Name

ð       Form your Incorporating Board of Directors

ð       Obtain a Federal Employer Identification Number (EIN)

ð       Register with Secretary of State

ð       Write Bylaws

ð       Hold your first board meeting

ð       File IRS Form 1023 to become a 501(c)3 tax exempt organization

ð       Fiscal Sponsorship – This is an option if you wish to begin providing services prior to receipt of your IRS charitable organization designation letter

ð       Basic Strategic Plan

ð       Develop Ethics Statement

ð       Develop conflict of Interest Statement

ð       Determine Fiscal Year

PLANNING STRATEGIES

ð       One Page Business Plan (VMOSA)

ð       SWOT Analysis

ð       5-Year Strategic Plan 

MASTER FILE

ð       IRS Charitable Organization designation letter

ð       State Tax Exempt letter

ð       Employer Identification document

ð       Corporate Charter Paperwork

ð       Policies and Procedures

ð       Bylaws

ð       Articles of Incorporation

ð       Business Plan

ð       5-Year Strategic Plan

ð       Program Description

ð       Board of Directors Documents

ð       Personnel Documents

SUSTAINABILITY

ð       Develop a Financial Strategy

ð       Identify Potential Funding Sources

ð       Fund Tracking Tools

ð       Master Grant Application

BUDGET PLANNING

ð       Prepare Annual Budget

o       Personnel-Related Expenses

o       Facility Related Expenses

o       Other

o       General Operating/Administration (indirect expenses)