The first step in our comprehensive guide, How to Start a Charitable in New Mexico, is to choose a name for your 501(c)(3) nonprofit organization. Choosing the correct name is one of the most essential choices any entrepreneur will make. We’re here to assist with our comprehensive guide on selecting, verifying, and registering a charity name in New Mexico in four simple stages.
Pay special attention to the terminology of your nonprofit’s name if you want to apply for tax-exempt status with the Internal Revenue Service (IRS). Any statements that indicate a political or lobbying connection may make it difficult for you to apply for 501(c)(3) status.
After you’ve decided on one or more names for your organization, check to see whether they’re still available. Every charity must have a distinct name, therefore it’s a good idea to check the availability of your preferred name before incorporating.
A nonprofit company in New Mexico must have a distinct name. You may quickly verify whether your desired name is available by utilizing the New Mexico Business Search tool.
We highly advise you to additionally check to see whether your company name is accessible as a web domain (URL). Even if you don’t intend to construct a company website right away, you should purchase the domain name to prevent others from gaining it. It’s a completely free search.
A good social media presence can help you reach out to prospective contributors or customers who will employ your services. As a result, before registering your preferred name, check the web and prominent social media platforms for it to confirm it is accessible on all platforms where you want to advertise your group.
Obtain an EIN