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