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NJ formation & 501(c)(3) — board summary

Canonical checklist (always use for legal steps):
ridge_racers_nonprofit_formation_checklist_nj.md

Progress log (milestones & next steps):
apex_stem_formation_progress_notes.md

Last synced with canonical: 2026-06-16 — secretary updates this summary when the canonical file or progress log changes.

Not legal advice. This page is an index for trustees; counsel and the canonical checklist govern filings.

Domain/DNS: domain_and_dns.md · Tools: nonprofit_free_tools.md


Phase 1 — Strategic planning

  • [x] Mission drafted — see progress notes
  • [ ] Two-entity model understood: nonprofit (donations/grants) + LLC (ops/merch) — separate accounts
  • [x] Legal name chosen — Apex STEM Education Inc.; domain strategy (domain_and_dns)

Phase 2 — NJ nonprofit corporation

  • [x] NJ incorporation filed (~$75) — 2026-06-11
  • [x] EIN obtained (IRS, free, online) — 2026-06-11
  • [ ] Initial board seated (3–5 directors; majority non-family preferred)

Phase 3 — Governance documents

  • [ ] Bylaws drafted (board, officers, meetings, COI, dissolution)
  • [ ] Conflict of interest policy adopted (LLC, vendors, family)
  • [ ] Initial board meeting — adopt bylaws, elect officers, approve bank + 1023 filing, COI policy; minutes to Drive Governance/

Phase 4 — Federal tax exemption

  • [x] Form 1023-EZ submitted ($275) via Pay.gov — 2026-06-11; awaiting IRS (est. 2–8 weeks)
  • [x] Activity descriptions prepared (STEM Racing, CAD, manufacturing education, outreach)
  • [x] Determination letter received — 2026-06-16; update public materials to approved 501(c)(3) language

Phase 5 — Financial infrastructure (next)

  • [ ] Nonprofit bank account opened (EIN letter, certificate of incorporation, board resolution if required)
  • [x] Public language: tax-exempt 501(c)(3) — use approved IRS language (see progress notes)

Phase 8 — Operational separation (ongoing)

  • [ ] Separate bank, books, contracts, governance for nonprofit vs Ridge Racers LLC
  • [ ] LLC services to nonprofit only with written agreement, FMV, board approval, conflict log
  • [ ] Board annual attestation: no commingling

Detail: LLC separation SOP · Canonical Phase 8


Also in canonical (not summarized here)

Phase Topic
5 Bank account, accounting, donations
6 NJ charitable registration
7 Insurance
9 Sponsorship & grant packets

Portal Phase 0 gates

Before inviting parents to docs.apexstem.org:

  1. PII removed from git (roster in private sheet only)
  2. Access invites tested for trustees
  3. integrations.md published with live tool links

See implementation review.