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2009-07-11 Meeting Notes
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===501(c)(3) application process=== * When you file the 1023 form, you will be assigned a specific examiner. * It is a good idea to communicate things to your examiner while they are working on your application. e.g., events or activities, updates on the search for space, etc. * Filing for an exempt status other that 501(c)(3) is fine, but 501(c)(3) is appropriate for Hackerspaces in the model of HacDC, Noisebridge, etc. * Very few 501(c)(3) apps are turned down. They will reply with questions or request clarification rather than deny you. Some examiners always ask questions, regardless of the application. * Always file a 990 form, even if you don't have to, because your group will be added to public lists of non-profit groups and this can bring fringe benefits. * Narrative description ** Answer the questions that they ask in the narrative ** Cover all of the time you operate. E.g., Describe what the group is doing each day of the week. ** Use the space itself as an overarching project * When talking about fund raising , keep it simple and constrained to what you're actually doing. Don't need to speculate about what you might do in the future.
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