HALLADAY EDUCATION GROUP

HALLADAY EDUCATION GROUP
4316 Arthur Drive, Delta, BC, Canada V4K 2W8
P: 604.868.0002 | E: info@halladayeducationgroup.com


Friday, January 11, 2008

How To Start A Non Profit for 2008

Hi Inner Circle Member:

It's been a while since my last issue, so I have to officially say, HAPPY NEW YEAR! Not too surprisingly, we started (and still are) our year off with rain – what else do we do here in Vancouver. However, this means lots of snow on our local ski hills; one received over 3 feet the other day.

What an amazing year it's going to be. Can you feel the great energy here in 2008? I'm so excited for what 2008 has in store, and I hope you are too.

If you are like some people (actually 60 percent), you may have made a new year’s resolution. Here is one that I want you to stop holding back on – I want you to pledge to put together the pieces to start the school of your dreams. Stop waiting.

Today I am going to start the ball rolling and share more about how to start your own non profit charitable organization (and school).

Enjoy the eNewsletter,


Doug Halladay
President and Founder
Halladay Education Group Inc.

www.HalladayEducationGroup.com

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In This Issue

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1. In The News

2. Strategic Planning Services

3. Starting A Non Profit

4. Products To Invest In

5. Inner Circle Thought of the Week

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1. In The News

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Gates Donates $30 Million to Make Education a Campaign Issue

Bloomberg – USA

``It is very difficult for any special issue to break through, given how cluttered the terrain is,'' said Democratic consultant Chris Lehane, who worked for...

To read more click on the following:

http://www.bloomberg.com/apps/news?pid=20601103&sid=axlS9ALgtlUg&refer=us

School Makes Life Part of Its Curriculum

Los Angeles Times - CA, USA

In the past at most private and some public schools, this was mostly accomplished through community service for which students receive credit. ...

To read more click on the following:

http://www.latimes.com/news/local/la-me-vistamar2jan02,1,5159048.story?coll=la-headlines-california&ctrack=1&cset=true

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2. Strategic Planning Services

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Do You Want A Tool To Significantly Improve Your School? Then We Can Help You With The Development of Your Schools’ Strategic Plan. Our Plan is a Comprehensive Approach to Building Consensus and Motivating Support, and Defining Critical Priorities for Your Board and Administration.

Our Proven Strategic Planning System Approach will:

* Define school priorities, reducing weaknesses, and refocusing your resources.

* Strengthen the partnership between Administration and Board, making both aware of their roles, boundaries, and the school’s mission.

* Define benchmarks for success and accountability, creating a huge ‘bull’s eye.’

* Analyze critical issues, identify what’s holding you back, and provide a road map for success.

* Improve finances and projections; know where and why you are putting funds in your budget, and help your parents understand your current and future tuition fee increases.

* Energize everyone to get involved and create a shared vision and sense of ownership.

* Build stronger academic and extra-curricular programs or even revitalize them.

* Catapult your fundraising campaigns to the next level.

* Form the criteria for yearly Head and Board evaluations.

Click on the following link to download our brochure on Strategic Planning or call me at 1-604-868-0002 or email me at info@halladayeducationgroup.com

http://www.halladayeducationgroup.com/File/heg_strategic_planning_services-1.pdf

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3. Starting Your Own Non Profit Charitable Organization

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For most founding groups that want to start their own private school, I recommend that they develop a non profit framework to operate their school within. But what is a Non Profit? You have heard the term before, but do you really know what a non profit organization is? There are legal definitions and there are common perceptions of what people mean when they refer to an organization as non profit.

A non profit is a tax-exempt organization that serves the public interest. In general, the purpose of this type of organization must be charitable, educational, scientific, religious, or literary. This is a common and broad definition that fits most types of schools. The public expects to be able to make donations to these organizations and deduct these donations from their federal taxes.

Legally, a non profit organization is one that does not declare a profit and instead utilizes all revenues available to benefit the organization. Non profits can be either unincorporated or incorporated. An unincorporated non profit is somewhat rare for while it can be given federal tax-exempt status or the designation of being a 501(c)(3) organization (Organizations that are non profit entities to which contributions are tax-deductible to the extent permitted by law) as defined by the Internal Revenue Service, it does not enjoy the legal protection a corporation provides, and this is important to those on the board of a non profit. When a non profit organization is incorporated, it shares many traits with for-profit corporations except that there are no shareholders and operating expenses are in service to the public interest.

Once you decide to incorporate as non profit organization and to apply for tax-exempt status, there are a number of steps that you must take. This list can serve as a blueprint and as a reminder of what needs to be done.

1. Develop a clear Mission Statement: It should describe the purpose of your organization, who you serve, and how you do it. You should also create a name for your non-profit, thought it does not have to be the same name of your new school.

2. Recruit Board Members: The state your school resides in requires a firm number of Board members if you incorporate as a non profit. If you do not plan to incorporate, or if it is too early in the process to do that, form an informal Steering Committee to guide you.

3. Hire a Lawyer: A lawyer can help you file your articles of incorporation, apply to the IRS for tax-exempt status, and review your organization's personnel policies.

4. Open a Bank Account: Choose a bank that has experience with new small non profits.

5. Select an Accountant: Set up a basic bookkeeping system.

6. Select an Insurance Agent: You will need liability and property insurance, and human resources advice on worker's compensation, health and life insurance benefits, etc.

7. Write Articles of Incorporation: The articles provide a legal description of your organization and assign power to the Board, to whom you will need approval. You will need these in order to incorporate in your state as a non profit.

8. Draft Bylaws: Bylaws specify how the organization will be run and how the Board will operate. You will need to get Board approval on these.

9. File for Incorporation with your state: The IRS maintains links to state websites where you can find the appropriate office.

10. Apply to the IRS for Federal Tax-Exempt Status. The IRS provides information on tax information for Charities and Other Non Profits.

11. Apply for State Tax Exemption (if necessary).

12. Acquire a Solicitation License: To seek donations.

14. Get a Federal Employer Identification Number (EIN): You will need this to hire employees, withhold income taxes and FICA. You must apply for your EIN with the IRS before submitting your application to the IRS for your federal non profit status as a 501(c) (3) corporation.

Remember not to re-invent the wheel – many states supply templates and materials to make the process easier. These forms are online and you may even be able to file them online. In addition, most state websites provide a link to the state's non profit corporation laws. You will want to look at these and know how to reference them as you prepare your incorporation paperwork.

Starting a non profit school begins with a dream, grows with hope and succeeds with hard but rewarding work. If you are up for the challenge, I can be of assistance in making your dreams a reality. If you would like more information about STARTING YOUR OWN NON PROFIT SCHOOL, call me at 1-604-868-0002 or email me at info@halladayeducationgroup.com

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4. Products To Invest In

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Do you want effective tools that can help you start and lead your own school? These 2 products can help.

(A). STRATEGIC PLANNING TOOLKIT (#1 BEST SELLER)

Learn How To Develop Your Own Strategic Plan Like The Pro's With This Easy To Follow, Step-By-Step, All-In-One Strategic Planning Toolkit. Get all the details here:

http://www.halladayeducationgroup.com/products/stratgic_planning_toolkit.php

(B). INNER CIRCLE SERIES – DISCOVER FROM THE EXPERTS HOW TO START YOUR OWN SCHOOL (#2 BEST SELLER)

Are you still struggling with starting your own for- or non-profit K-12 School, College, University, or Institute? You're not alone. I share with you how to start a school from the viewpoint of those who have been in the trenches and understand how to put a school together efficiently, and cost effectively. These include:

1. Independent School Formation: The Critical First Steps

2. 9 Secrets To Starting A US Charter School

3. 8 Golden Rules of Starting a Junior School

4. Starting a Successful Private Senior School from the Ground Up

5. 10 Steps To A Winning Strategic Plan

6. The Whole Enchilada - All 5 Webinars at 40% Off

Get all the details here:

http://www.halladayeducationgroup.com/products/webinaroverview.php

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5. Inner Circle Thought of the Week

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On a lighter note, here are some rules on bad grammar and syntax.

1. Verbs has to agree with their subjects.

2. Prepositions are not words to end sentences with.

3. And don’t start a sentence with a conjunction.

4. It is wrong to ever split an infinitive.

5. Avoid clichés like the plague.

6. Also, always avoid annoying alliteration.

7. Be more or less specific.

8. Parenthetical remarks (however relevant) are (usually) unnecessary.

9. No sentence fragments.

10. Contractions aren’t necessary and shouldn’t be used.

11. One should never generalise.

12. Don’t use no double negatives.

13. Eschew ampersands & abbreviations etc.

14. Eliminate commas, that are, not necessary.

15. Never use a big word where a diminutive one will suffice.

16. Kill all exclamation marks!!!

17. Use words correctly, irregardless of how others use them.

18. Use the apostrophe in it’s proper place and omit it when its not needed.

19. Puns are for children, not for groan adults.

20. Proof read carefully to see if you any words out

21. Spell chequers ms sum word sand other errors.

22. You have been told a million times not to exaggerate.

23. Keep all possible sentences as reasonably short as is practically possible given the usual and normal constraints of having to generally include the full and unambiguous meaning you personally intend within the strict limitations of the structure you may have chosen.

24. Paragraphs should contain a whole.

25. Idea.

26. a sentence should start with a Capital letter.

27. Dashes - only use them for subtraction - ever.

Smile and enjoy the day.

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All the best for 2008,


Douglas Halladay
President and Founder
Halladay Education Group Inc.
P: 604.868.0002 / F: 868.472.8737 / Email:
info@halladayeducationgroup.com

www.HalladayEducationGroup.com

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P.S. Do not forget to check out our secure Online Store for ways to invest in improving or starting your own school or non-profit. Here is the link:

--> http://www.halladayeducationgroup.com/products/products.php