Y’alls videos are so thorough! So much good information!!! Listening you all’s expertise makes me realize how much there is to know about this stuff… hopefully 🤞🏾someday, with y’all’s tutorial help, and God’s provision, I’ll have the budget to hire y’all to do all this business/finance heavy lifting for me 😅
@LYFEAccounting3 жыл бұрын
Your comment means so much! I had to pin it to our channel. Thank you Truly ;)
@healthylife55992 жыл бұрын
@@LYFEAccounting You have an email? We recently just got 501c3 status far non-profit organization and I needed a few pointers on how to get it off the ground.
@niiicolewith3eyes Жыл бұрын
I concur 👍🏾
@HolinessNow7 Жыл бұрын
Amen
@tracybranch2955 Жыл бұрын
I'm putting an Amen to that. Its been a year since your post and I agree with you for your success, in Jesus name🙏
@LYFEAccounting3 жыл бұрын
What is a nonprofit? (0:00) Benefits of a nonprofit organization (1:50) Step #1 - 6 BIG questions (4:15) Step #2 - Choosing a Name (7:13) Step #3 - Get Incorporated (8:59) Step #4 - Federal Tax-Exempt Status (12:27) Step #5 - State Fillings, Compliance, and Reporting (15:16) BONUS Tip (17:55)
@mstonyacryersfamilyproduce Жыл бұрын
Amazing video takes away the fear
@stormdancer0 Жыл бұрын
Hey, still watching the video, but had a question. I created a non-profit, registered with the state, in 2009. But my husband's health got really bad, and I never did anything with it. How do I re-activate it?
@jacksycz Жыл бұрын
@@stormdancer0can the entity be transferred by an executor?
@stormdancer0 Жыл бұрын
@@jacksycz I am the executor. I could transfer it to my adult son.
@monchok9765 Жыл бұрын
Hey Sean, you won’t believe how grateful I am having viewed your clip. I’m here contemplating a youth program and just wanted to gather ideas and I bumped into this. I intend to start a non profit with the sole aim of creating a bright future for youth (in Liberia) through education and sports. This clip has been and it is, very enlightening. Thank you so much! Stay blessed!
@serviceprovider69564 ай бұрын
Did you start it
@coleirving6427 Жыл бұрын
Bro thanks for the tips it really helped me to understand and the biggest thing is that I'm incarcerated looking for ways to be productive and to give back to my community as well as becoming an entrepreneur while incarcerated so again thanks bro
@tiguabeams9 ай бұрын
God Bless you brothah!
@marilynnatali4 күн бұрын
im wishing you luck in this journey you got this and I hope you come back and tell us how you did it. Stay safe and take care.
@antwandavis7877 Жыл бұрын
I'm not the type to comment usually but I must thank you for being simple direct and transparent
@tiffanieturner77111 ай бұрын
This was very thorough and practical. My tax accountant sent me this video, and it has been so helpful as I prepare to start my nonprofit. I have subscribed to the channel, and this will definitely be my go-to station. Thank you for making things much easier to understand.
@brittmedbm2 жыл бұрын
Completely off-topic but When the commercial says “ you wouldn’t want to skip this one” it makes me wanna click it faster🤧😭🤣🤣
@johnnyrabenold61335 ай бұрын
I can't believe how good this video is.
@user-ei6vm2vg8e Жыл бұрын
I think you’ve done an excellent job at educating me and everything you said was very helpful. I have an attorney who is taking care of all my filings, but where I’m hurting as I don’t have an accountant and that’s some thing I need but I literally have no money at all I’m on the edge of bankruptcy, but my lawyer is also filing a lawsuit against the people that forced me into this financial position. He is pretty sure that we will win and that he can get this done quickly. I hope that he’s correct.
@KrystalACPA3 жыл бұрын
This video was so insightful! Makes me want to start a nonprofit!
@LYFEAccounting3 жыл бұрын
Glad to hear it Krystal :)
@queenluv50249 ай бұрын
Thank you so very much for your kindness and support! GOD is watching over you, may you continue to be blessed!
@johnwilliams19623 жыл бұрын
Thanks for the break down! The process definitely sounds challenging but, it is easy to comprehend which is motivating!! Definitely helpful! Thanks for the push!!
@LYFEAccounting3 жыл бұрын
You got it John! What type of nonprofit are you looking to start?
@shenandoahbryson2 жыл бұрын
This was excellent. Very informative and thorough! Great job, great content and organization. You’re very knowledgeable about the information and it shows. Thanks again 💪🏽
@englee20063 жыл бұрын
I think this was a really good video man. Thanks a lot. I want to start a non profit but it has me thinking about the hoops to go through and the formalities.
@LYFEAccounting3 жыл бұрын
You can do it! But you're right, it definitely isn't easy
@MOZINTERNEWS Жыл бұрын
Let's work together
@Davewithfairoffer Жыл бұрын
Great info Sean , I’m passed stop Two having incorporated the non profit . My next step is step three applying for tax exempt status the federal and state.
@angeldavis6947 Жыл бұрын
This your breakdown of this information was so good and easy to understand that I have tears in my eyes! I am so excited to get my non profit started!
@OGseoulite3 жыл бұрын
This makes me feel like you guys saw my comments!!! Thank you soooo much!!! Thank you thank you thank you!!!
@LYFEAccounting3 жыл бұрын
Yes and of course, thank you for supporting us!!
@musiriabdal-khallaq6778Ай бұрын
Very helpful information and food for thought. I appreciate your service.
@elementsofelle8882 жыл бұрын
Thank you! Very informative and straight to the point.
@LYFEAccounting2 жыл бұрын
Thank you, Elle!
@rhrcblake48 ай бұрын
This has been so helpful. I have been considering a non-profit for years. But I must say the ending of your video was truly a hit. Ask yourself before you consider meaning make sure you are ready to comply to all of the standards and requirements before realizing that you did not need it at all. Thanks again for putting this out there for folks like me, that did not know what and how to begin.
@cynthiagarrett60602 ай бұрын
Thank You for this video and the information provided. I am looking into starting my Non-Profit.
@GrowingintheLord332 жыл бұрын
Im doing some research i really have been thinking about starting one for a long time it never leaves my mind it seems very challenging you really have to be motivated and passionate about the the course.....im gonna need all the luck
@camieldavenport92012 жыл бұрын
Hi. I'm Camiel, Nonprofit Business Coach. It's not as challenging as it seems. I'm founder of a 501c3 non-profit organization. Check my link and claim your FREE 30 mins call and I'll answer your questions.
@biancabbfroberson42314 ай бұрын
Same
@Theemotionalwellnesscoach.7 ай бұрын
This video was excellent! Very straightforward and clear. I appreciate the information.
@JustBE_U9 ай бұрын
I appreciate the content. I need more resources.
@tyemnanyichristopher4753 жыл бұрын
I have been trying to start an NGO For long.feel the motivation to get started as soon as possible. Thanks for sharing
@LYFEAccounting3 жыл бұрын
You got it! What will your NGO focus on?
@tyemnanyichristopher4753 жыл бұрын
@@LYFEAccounting focus on youthful attitude in the society to prevent negative influence in their life, waking the dreams of people mostly in rural communities etc
@IAmBrendaJ Жыл бұрын
Love this video . I wish can like it a million times
@spankyjohnson45282 жыл бұрын
Thanks for the motivation hope everyone reading achieve your goals 🤝
@brendathompkins6949 Жыл бұрын
Thank you so much This is really the first video that I can truly understand and went right to the point I really appreciate you keep up the good work happen others
@mcareaid2127 Жыл бұрын
Such an awesome video!! I will be making each step happing now. Im done making excuses. Your fathers and parents will be helped!!!
@mikkionthebeat70053 жыл бұрын
My state ( Illinois) requires us to get a Charitable Trust organized 1st just FYI
@LYFEAccounting3 жыл бұрын
Good to know! Do you currently operate a non profit?
@monidad322 жыл бұрын
Thank you so much for this information. This a challenging process, yet something definitely worth it. Thanks again
@1955sat Жыл бұрын
Your information was amazing, you delivery perfect, and your knowledge had me thinking you have a legal background.
@KingBolden_843 жыл бұрын
I appreciate the information, y’all produce 💪🏾💪🏾💪🏾
@LYFEAccounting3 жыл бұрын
Our pleasure! Thanks for watching.
@MelisaNielsen2 жыл бұрын
Thank you for being so thorough! This is the best video I have watched on this topic!
@swishersnaaake82082 ай бұрын
Thorough and well organized, thanks for this.
@fergusonfirearms4732 жыл бұрын
Great stuff! I appreciate you breaking everything down so well.
@MarieJoseph-iv7xq10 ай бұрын
Thank you so much may God bless you
@constancegordon83909 ай бұрын
Great information. Very thorough. Loved how you asked the question at the end. It made me think if I really do need to go this route. Gonna check out your LLC video. Thanks!
@Jacquesmyers1031Ай бұрын
The only feedback I would like to provide is mentioning filing fees and cost in each step of the process. $25 for name reservation in GA $275 for 1023-EZ $600 for 1023 $105 for raffle licensing GA
@miastarrr13072 ай бұрын
Just subbed, I’m so excited I just found your channel! It’s exactly what I need ❤
@oluwatoyingrace35057 ай бұрын
Wao, am so blessed with this lecture. God bless u
@shay22144 ай бұрын
Extremely helpful and thorough video! Thanks so much!
@whatthebizladysteph Жыл бұрын
Great tutorial. Very much needed.
@aquilaskyofficial2 жыл бұрын
Thank you so Much for this helpful information 🙏🏼✨
@rosejames4 ай бұрын
Thanks so much for the information because some step I did not understand at the time. I have a long road ahead of me.
@Bloom_by_MargieLopez Жыл бұрын
Excellent video! Saving this and will share with anyone with non-profit questions.
@VictoryInYeshuaMinistry2 жыл бұрын
Thank you so much for this video. It was very informative. God bless you!
@tekestaley9632 Жыл бұрын
Thank you for being so detail on the Topic. This was very helpful.
@isabooisawesome6900 Жыл бұрын
Professionalism at its best🎉
@inthegarden552 жыл бұрын
You asked a good question of "is a non profit necessary for a group?" I sing with 3 other ladies and we go to a variety of locations to share the gospel through word and music. We have an account with donations that people have already made. I'm not sure how we move forward as we move out on our own from our church handling the funds up to now. I'm not sure if we need a non profit or if there is another avenue we should pursue. Your wisdom would be greatly appreciated...thanks
@blondiebandz2 жыл бұрын
Thank you so much for sharing! Great thorough information! Love it!
@LYFEAccounting2 жыл бұрын
You are so welcome!
@jacquelinewalker6357 Жыл бұрын
Thanks for telling,when most drags the information
@anthonyheardjr12462 ай бұрын
Amazing information still till this very day!!
@CamberHill7 ай бұрын
Thanks for this easy-to-understand outline.
@angelamack81306 ай бұрын
Yes, I'm enjoying this video so far!!!
@KafiaJDoch Жыл бұрын
Thank you so very much! I was completely lost and nervous but I’m more confident now with the next steps. Thank you for putting this info together and you answered so many questions I had (and some I never even thought about lol). 🙏🏾
@MoiseValcourt-nx7zr Жыл бұрын
Very clear and profitable. Once again thank you
@chinazaula7 ай бұрын
This is very Informative I yearn for more More power to your elbow!
@shellymatlock48882 жыл бұрын
Thank you for sharing your knowledge about a non-profit
@mariesmith5043 жыл бұрын
Thank you so much for the thorough breakdown, Sean! I have been led to convert my for-profit business to a non-profit. This video is confirmation, but could you educate me and others on the process. Do I need to apply for a new EIN? Should I meet with my local bank to convert my business account or could I leave it as is? Finally, how may one hire Lyfe Accounting for business? Thank you, again!
@ntgrtyllc14702 жыл бұрын
Very insightful ! You’re appreciated 🙏🏽
@LYFEAccounting2 жыл бұрын
You are so welcome
@Boodafuldreama5 ай бұрын
Very informative thank you so much for taking your time to share your knowledge ❤❤❤
@RoseMwale-tx9sz Жыл бұрын
Thank you very much for sharing and looking foward to our next session
@loyaltyrg58812 жыл бұрын
Thank you this was very detailed and helpful!
@takeirabarley7249 Жыл бұрын
This is a great video and very informative! I just feel as if he’s moving too fast for you to actually take notes and understand exactly the processes he wants us to take #LearningHere
@oMnMnMo Жыл бұрын
Thank you for such awesome information provided,. Blessings to all.
@THEHOMELESSINVESTOR Жыл бұрын
Your a legend with your explanations 😭💪🏾💯
@bartgonzalez3274 Жыл бұрын
Thank you for the video. Answered most of my questions.
@beaute102212 жыл бұрын
I have a question, you didn't speak on salary for the owners, board or the people who are hired that don't volunteer. I'm starting a pre apprentice trade school and this is one thing that I am having a hard time with finding in my research. I understand it is a non for profit but some people have to get paid for working.
@Godsbeauty108 ай бұрын
Thank you so much!!!! This was great and extremely informative! ❤
@CraftsandMorewithDonnaJackson3 жыл бұрын
This was truly helpful. I am trying to start a non profit now. It's called Artful Expression. It's to provide all children regardless of race, income and ability, a way to express themselves through art journaling and drawing and painting. How can I talk with you about this? I was so excited about your video. I've already done a few steps. I have a name and check it out. I've written By laws, have required board members. Please please help. Ty
@lanreyoosuf2363 Жыл бұрын
Hi there. I would love to chat with you
@TheMinesweeps Жыл бұрын
Howdy there! How’s the progress been?
@vg11539 ай бұрын
Great information, especially the last question.
@ABlaineProject6 ай бұрын
If I’ve already started an LLC, can I still call my business “non-profit” if my business goals are not to make a profit, but to support a cause?
@robtaylor29192 жыл бұрын
It was very helpful! Question. If I start a non profit in one state am I allowed to work with it in another state ?
@lilyineden Жыл бұрын
Thank you Sir. Good information.
@harpermartin78132 жыл бұрын
Thank you for the video! God bless.
@ylmccree10 ай бұрын
This was very very helpful. Thank you for this.
@Streetstatusnetwork Жыл бұрын
This was really informative.
@cherry_shadow3 ай бұрын
Wow, very well said, thank you very much 😊
@cheriearcher66432 жыл бұрын
Your video was so in depth an informative. Wow; such a wealth of information. Thank you
@LYFEAccounting2 жыл бұрын
You are so welcome!
@MonandVictoria Жыл бұрын
Thank you so much for this
@barbcoleman71036 ай бұрын
You have open my eyes😢
@r.d.bdvoys9678Ай бұрын
New2this. Thank you.
@Jana-Larson6 ай бұрын
Very insightful ! You’re appreciated
@lisawilliams10269 ай бұрын
You were sooooooo informative 👏🏾👏🏾👏🏾Thank You👏🏾👏🏾
@ShaheedShabazz Жыл бұрын
I know things change fast in this day and age, so is this information the same in 2023 as it was in 2021? Thank you. I appreciate you ❤
@deylisajackson40146 ай бұрын
Great and helpful information. Thank you!
@GiselleTrujillo Жыл бұрын
Amazing content, a wealth of valuable knowledge. Thank you for sharing!
@PatriciaRodriguez-ui4tf3 жыл бұрын
YOU ARE SO AWESOME!!!THANK YOU
@LYFEAccounting3 жыл бұрын
Thank YOU for watching and supporting.
@SpencerGierke-hb4po Жыл бұрын
Very engaging, thorough. Thank you. Tip for you: his name is pronounced "STEVEN" with a V. 😉
@amarisevans3 ай бұрын
This was so helpful thank you so much!
@PETIVOYAGER Жыл бұрын
Very informative video. Thank You !
@jamesburmeister1608 Жыл бұрын
Thanks for the helpful video! toying with the idea
@chipkra7 ай бұрын
Thanks for sharing the details. I would appreciate it if you could share details on how to set up an online account with the IRS for a non-profit.
@McRuss24 Жыл бұрын
Very tactical information. Thank you!
@carmenmedes45272 жыл бұрын
THANAKS FOR THE INFOS. I LEARNED ABOUT HOW TO START A AN NGO.
@SAMOKORIENGOLA Жыл бұрын
thxs for the advice,i will now move on from there!
@ninasanders7025 Жыл бұрын
Great step by step information!
@Latebloomer39 Жыл бұрын
I would like to give travel opportunities to underprivileged children for exposure outside of their current environment. Thank you for this information.