Frequently Asked Questions

1. What services does Ofuani Legal Group provide?

Ofuani Legal Group offers comprehensive legal and consulting services tailored to nonprofits, ministries, and small businesses. Our core offerings include nonprofit formation, 501(c)(3) applications, grant writing, compliance audits, board governance training, fundraising strategies, leadership development, and tailored workshops.

2. How can I schedule a consultation?

You can schedule a consultation through our Calendly link:

📅 Schedule Here

Alternatively, you can visit our website at www.ofuanilegalgroup.com for more information.

3. What are the steps to form a nonprofit organization?

Forming a nonprofit involves the following steps:

1. Select a name and define your mission.

2. Draft and file Articles of Incorporation.

3. Obtain an Employer Identification Number (EIN) from the IRS.

4. Develop bylaws and establish a board of directors.

5. File for 501(c)(3) tax-exempt status.

6. Apply for state-specific tax exemptions and permits.

7. Implement proper recordkeeping and compliance procedures.

4. How do I maintain compliance with state and federal nonprofit laws?

To remain compliant:

• File annual IRS Form 990s and state reports on time.

• Maintain accurate financial records and audit documentation.

• Hold regular board meetings with documented minutes.

• Follow your bylaws and conflict-of-interest policies.

• Update governing documents and filings when organizational changes occur.

5. What is the process for obtaining 501(c)(3) status?

The process includes:

• Incorporating your organization.

• Applying for an EIN.

• Completing IRS Form 1023 or Form 1023-EZ.

• Providing detailed financial projections and program descriptions.

• Receiving IRS determination, which may take several weeks to months.

6. How long does it take to get tax-exempt status?

• Form 1023-EZ: Typically 2-4 weeks.

• Full Form 1023: Generally 3-6 months depending on IRS processing times.

7. How can my nonprofit secure grant funding?

Effective grant acquisition involves:

• Identifying funders aligned with your mission.

• Building relationships with potential grantors.

• Submitting data-driven, compelling proposals.

• Following up with funders and tracking deadlines.

8. Why is board training essential for nonprofit organizations?

Board training ensures members understand their fiduciary duties, improves decision-making, reduces legal risks, and enhances overall organizational effectiveness. Well-trained boards contribute to improved fundraising, strategic planning, and compliance adherence.

9. How much do your services cost?

Full pricing details are available on our website or via consultation.

10. Can you assist with compliance audits and grant writing?

Yes! We offer in-depth compliance audits, grant writing services, and fundraising strategies to ensure nonprofits meet their goals and remain in good standing.

Intuit Mailchimp logo
Facebook icon
Instagram icon
Twitter icon

© 2022 Legally Black