The average nonprofit started in America has a less than 50% chance of surviving to its fifth year. Furthermore, a study by the Taxpayer Advocate’s Office found that nearly 40% of recently-formed non-profits were improperly structured.
Attempting to start a nonprofit on your own, without seeking the help of an experienced professional, may lead you into costly pitfalls. The formation process itself can be overwhelming and frustrating. Missteps taken in the beginning may put your non-profit vision at risk.