The Trusted Authority for Starting, Improving, & Selling Private Schools: Why You Should Incorporate Your Non-Profit

Hi Inner Circle Member:

Even though I taught Earth Science I am not sure if you would have seen the lunar eclipse last night where you live. Here in Vancouver we had a fantastic night to see this unique effect. Our clear skies let us watch the lunar event for over 3 hours.

Today in my eNewsletter I am going to talk about the need to ensure that your non-profit is incorporated. And for those of you who are, it is a validation of why.

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. Services That Your School Needs

3. Why You Should Incorporate Your Non-Profit

4. Products To Invest In To Start And Lead Your School

5. Inner Circle Thought of the Week

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1. In The News

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A School That's Too High on Gizmos

From The Washington Post. February 10, 2008. Last September, we moved into a new $98 million building in Alexandria, one of the most expensive high schools ever built. Natural light floods the classrooms, and each one is equipped with a ceiling-mounted LCD projector, which transfers anything I…

Mtl. private school to apologize for alleged abuse

CTV.ca – Canada

One of Canada's top private schools, Montreal's Selwyn House, has drafted a proposed apology and may give up to $5 million to former students who allege...

State set to decide on adding 'evolution' to science education ...

Sun-Sentinel.com - Fort Lauderdale,FL,USA

For months, parents, students and educators across Florida have argued about the standards, which the state Board of Education will adopt as written or...

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2. Services That Your School Needs

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--> (1) STRATEGIC PLANNING

Do you want a tool to improve your school? Then your School may need a Strategic Plan. My help facilitate the development of a comprehensive Plan to build consensus and motivate support, and defines critical priorities for your Board and Administration.

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 Click on the following link to download my firm’s brochure outlining Strategic Planning services:

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

--> (2) BOARD GOVERNANCE WORKSHOPS

Do you want your private school or non-profit to be more successful in board governance? If so, our full-day governance workshop helps your board to fine-tune their performance and refocus their enthusiasm. Please email me at info@halladayeducationgroup.com or call us at 604-868-0002 to find out more about how we can help you. Click on the following link to download our brochure

http://www.halladayeducationgroup.com/File/Board%20Governance%20Workshop%20%26%20Fax%20Back%20Form.pdf

-->(3) STARTING YOUR OWN SCHOOL

Starting a private school can be very challenging and you never have a second chance to make a first impression. That is why you need a firm that has experience starting schools in the USA and Canada. Our services can be broken down into the following components:

- Comprehensive Overview Sessions

- Formal Feasibility Study

- Detailed Business Plan Development

- Full Turn-Key School Formation Services

- Ongoing Consulting Retainer

- Ongoing Management and Operations Services

If you would like more information about my services and range of fees related to helping you to start your own non- or for-profit school, please call me at 1-604-868-0002, email me at info@halladayeducationgroup.com, or click on the following link to download my brochure outlining our services and fees on Starting A School:

http://www.halladayeducationgroup.com/File/Overview_School_Formation_Fees_Services.pdf

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3. Why You Should Incorporate Your Non-Profit

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Not all non-profits incorporate and apply for 501(c) 3 status from the IRS. Here is a list of reasons you might want to have a non-profit incorporation. Of course there will be paperwork, hiring a lawyer to prepare your articles of incorporation, time and energy to comply with regulatory demands, and proper governance, but the benefits far outweigh the cons.

Purpose and Direction

Forming a non-profit corporation forces you to be clear about your mission, vision, operating rules, and procedures for decision making. Clear-cut delegation of authority and specific operating rules disclosed in the articles of incorporation and the bylaws make leading an organization more efficient.

Organizational Continuity

A corporation is a legal entity separate from the individuals who oversee it. It is this separate legal existence that provides protection from liability as well as allowing the perpetuity. A non-profit corporation continues to exist beyond the lifetime or involvement of the directors and/or staff that started or managed it. This fact is also attractive to donors who want to fund a cause over the long term.

Liability Protection

Protecting members of your organization from personal liability is a critical benefit of a non-profit incorporation. Board members, officers, and employees of your organization will be protected from liability for corporate debts or liabilities such as unpaid organizational debts or lawsuits against the organization. Creditors can go after only your corporate assets, not the personal assets of the officers and staff who manage, work for, or volunteer for your organization.

Fundraising

As a 501(c) 3 non-profit corporation you will be able to receive donations and grants. Tax-exempt government foundations are required to give funds only to 501(c) 3 organizations.

Individual donors to your non-profit corporation can claim personal income tax deductions for their donations, and bequests will be exempt from federal estate taxes

Taxes

As a non-profit corporation, your organization is eligible for state and federal exemptions from corporate income taxes and other taxes. If you expect to earn substantial amounts of money from your services, exhibits, product sales, or performances, you will likely want to seek an exemption.

Employee Benefits

Being a corporation opens the door for employee benefits such as group life insurance, health insurance, pension plan, etc. These benefits are not available to the workers in unincorporated organizations.

If you would like more information about board governance services please call me at 1-604-868-0002, email me at info@halladayeducationgroup.com, or click on the following link:

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

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4. Products To Invest In To Start And Lead Your School

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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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6 Steps To Success – How to Get Where You Want to Go

1. See Your destination In Your Mind – “When you don’t know where you’re going, any road will get you there.”

2. Start Walking - “The journey of a thousand miles begins with a single step.”

3. Think ahead as you walk - "It’s like driving a car at night. You can see only as far as your headlights, but you can make the whole trip that way."

4. Don’t Quit Walking - "Don't wait. Where do you expect to get by waiting? Doing is what teaches you. Doing is what leads to inspiration. Doing is what generates ideas. Nothing else, and nothing less."

5. Make No Deadlines - “Patience is the best remedy for every trouble.”

6. If evening finds you at the same place you were this morning, take a step before you lay down. The magic isn’t in the size of your actions, but in the relentlessness of them. "It is better to burn the candle at both ends, and in the middle, too, than to put it away in the closet and let the mice eat it."

Smile and enjoy the day.

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To your success,

Douglas Halladay
President and Founder
Halladay Education Group Inc.