How to Start a Non-Profit//06

Understanding your EIN number

How to obtain an EIN Number

Once your corporation is established and you have bylaws, policies and procedures in place, the next step is to file an Employer Identification Number (EIN) for tax purposes, even if you plan on filing for tax exempt status. Any 501(c) (3) nonprofit organization is able to deduct their contributions on their federal income taxes return. In order to do this, the EIN number must be obtained. This number is used to identify nonprofit entities. “The EIN is a unique 9-digit number, similar to the Social Security number for an individual” (Mulkins, 2012, para. 3). The application for the EIN number can be filled out online and submitted electronically. Once all the necessary information has been entered and the submit button is clicked, the EIN number is issued immediately. It is extremely important to print this page or at the very least write down this number, as you cannot go back to this screen once you have exited out.

The EIN application (Form SS-4) requires an applicant to provide the name and tax identification number of the applicant’s responsible party. The applicant’s responsible party is generally the person with authority to control, manage, or direct the business and the disposition of its funds. (“IRS to require,” 2013)

Sooner than later,

The Tiny Professional

References:
IRS to Require EIN Updates. (2013). Payroll Manager’s Letter, 29(11), 3-4.
Mulkins, P. (2012, November 2). Tulsa World, Okla., Action Line column. Tulsa World (OK).

 

13 Comment

  1. Paula Parker says:

    Very informative. There is certainly a lot that goes in to having a business. A.B.L (always be learning)

  2. There’s tons of effort and learning when it comes to having a business.

  3. I’ve only had to give my EIN number a couple times–didn’t even know what it was for when I got it!

  4. My ex husband needed an EIN for a small business he was starting and I remember he had to jump though a lot of hoops to get it.

  5. Kungphoo says:

    This is great information.. not many people even know what an EIN is.. thanks for this!

  6. Amanda @ Erickson & Co. says:

    Thanks for the information. This is a great start on starting your own business.

  7. Although I don’t have a non-profit organization, this info is helpful. I should really have an EIN for my small business.

  8. Jhady says:

    So this is how to obtain ein number? I will remember that when I needed it someday.

  9. Rosey says:

    I think this would be nice to have. I like the idea of this rather than using a social and I think sometimes they ask for one or the other on forms(?).

  10. Wonderful info! I have often wondered how to go about starting a nonprofit, specifically a rape crisis/counseling center. A crisis center in a large city I used to live in saved my life, but when I moved near the country there were absolutely no resources like that near me, which is such a shame because they do amazing, life-saving work. I have often wondered about what it would take to start one near where I live now. I know that there are women in need of resources like that no matter where they live.

  11. this also makes you more legit. It’s a great way to be able to provide your information without actually giving away what’s too personal.

  12. Great Tips, I will share with a friend who was asking about it!

  13. Debi says:

    There is a lot of great information. I knew that businesses use EINs but I never knew how to obtain one.

Comments are closed.