We’ve been operating under a fiscal sponsor for a while and are now getting close to launching our own 501c3. It feels like the right move but the transition is turning out to be much harder than I expected
On paper it sounds very straightforward but in practice there are a lot of small operational things that only show up once you start pulling things apart and it’s hard to tell which parts actually deserve attention. The tax side in particular has felt more confusing than I anticipated now that we’re no longer under the sponsor’s umbrella even for things that seemed routine before
Whoever made the switch did it feel the same way as well or is it just me overcomplicating things?
Switching from fiscal sponsorship to our own 501c3
byu/whopping_loathing intax
Posted by whopping_loathing