[hackerspaces] IRS 1023-EZ form?

[Jerry Isdale]

DosMan asked:
> Sorry to bring up this topic sort-of again, but has any (US) space gotten a 501c3 determination letter using the 1023-EZ form? (I apologize if I?ve missed previous discussion about this). I?m curious what other spaces experiences are with this method.
> 
> For those possibly not aware, the EZ form is new as of summer 2014, is half the price to submit, is only 3 pages long, only for orgs making less than $50k a year, and reportedly takes only 2-4 weeks to receive your determination letter. The downside is that you are ?agreeing under penalty or perjury? that you qualify to be a 501c3 without the IRS doing much checking. The IRS has promised it?s not setting people up to be audited by using this form, but the vetting process is obviously abrupt.
> 
> There?s a lot of discussion about this new process online already, just curious if many spaces have already gone this route and what their experiences have been.


Maui Makers incorporated last summer and filed a 1023-EZ in early september (i think) and received our certification in mid October.  Surprised the heck out of me, after hearing stories of makerspaces taking 1-3 years to get their approval.

I am not sure what happens if you pass that $50k/yr mark, but looking forward to finding out.

So Maui Makers Inc is now legally 501(c)3 and able to take donations.  We have a board of directors and officers AND now we have a space (or will as of 1Feb2015).  I am no longer the benevolent dictator, just a board member and project instigator.


Jerry Isdale
http://MauiMakers.com

Opinions herein are mine and may not reflect those of other Maui Makers, hackers or humans in general. Please do not destroy Earth because of them.


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