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Mark: Welcome back. Are you ready for the main event? Today, we are going to talk about filling out your Form 1023, your IRS Form 1023 or 1023-EZ. It is your official application for tax-exempt status from the IRS. I am Mark Lyda, from Lyda Law Firm. Lets get started. [Music Plays] Mark: There are different types of nonprofits and some wont have to fill out a 1023 or a 1023-EZ, some will have different forms. But this whole playlist is geared generally toward your more traditional types of nonprofits, whether they be private foundations or public charities. So, a traditional 501(c)(3)nonprofit fills out a Form 1023 from the IRS in order to achieve tax-exempt status. If you are a smaller nonprofit, you may be able to use IRS Form 1023-EZ, which is easier. So we wont be able to cover all of the form or all of the application in this one video. But what Id like to do is just touch on a few important points for you to keep in mind as you embark on your jour
