Our Articles of Incorporation & EIN Have Been Approved

Peo. > Pro.

Starting a nonprofit begins with two steps, submitting for an Articles of Incorporation and acquiring an EIN Number. Completing the Articles of Incorporation was a 2/10 on the pain scale. The EIN was a 6/10. The gym is considered a nonprofit social enterprise that serves people over profit. This is kind of new to the business world.

Next Steps

All we have left to become official is:

• Iron out board of directors

• Agree on Bylaws

• Hold board meeting

• Open bank account

• Apply for 501(c)(3) status

• File:

• Registration

• Licenses

• Permits

Conclusion

You know how I know I want to do this gym? I'm not that overwhelmed.

Practical Suggestions

• Keep working toward ambitions

• Update friends on your progress

#RockGymMonday