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overtyme simms - nonprofit dream in maryland lyrics

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hey yo, what’s up
it’s for all my dreamers and doers out there
gather round, it’s story time
you wanna know how to get your non+profit off in maryland

look, first thing first, you gotta have a vision
a mission that calls with clear precision
draft your bylaws, i’m talking word for word
a guiding document, let your goals be heard

next step, pick a name, make it resonate
unique and true, man you gotta captivate
register your name, make it official
hop in the maryland books and now that is beneficial

now get your crew, your board of directors
leaders and thinkers, movers and protectors
incorporate now, file thеm articles
with the state dеpartment, anything is possible

now get your ein and your tax id from the irs
you’ll see that it’s free
open a bank account, keep your finances clear
track every dime and donation, i’m telling you it’s here

501c, that’s your next quest
tax exempt status, it’s simply the best
file form 1023 with care and pride
or 1020ez, let the irs decide
then know your state rules, compliance is key
charitable solicitation, do it legally
annual reports, transparency
let maryland know your non+profit’s clarity

so there you have it
steps so clear to launch your non+profit
conquer every fear in the state of maryland
we dream, we plan, we do

now go forth and make your non+profit dream come true
dribbity, dribbity from eudaimonia tv

- overtyme simms lyrics

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