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There are 28 million small businesses in the U.S. -- which outnumber corporations 1162 to 1.
70% of small businesses are owned and operated by a single person.
Small businesses employ 57% of the country's private workforce.
Small businesses pay 44% of U.S. payroll.
Only 50% of businesses survive five years.
Immigrants make up 12.5% of small business owners nationwide.
60 to 80% of all new jobs come from small businesses.
For further assistance with filing a non-profit or questions regarding the process please contact our specialists at 888-300-3039.
A nonprofit organization, often called an NPO or simply a nonprofit, is an organization that uses surplus revenues to achieve its goals rather than distributing them as profit or dividends. While not-for-profit organizations are permitted to generate surplus revenues, they must be retained by the organization for its self-preservation, expansion, or plans.
Supervision and management provisions.
Accountability and auditing provisions.
Provisions for the amendment of the statutes or articles of incorporation.
Provisions for the dissolution of the entity.
Tax status of corporate and private donors.
Tax status of the foundation.
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