This article was co-authored by Alex Kwan. Alex Kwan is a Certified Public Accountant (CPA) and the CEO of Flex Tax and Consulting Group in the San Francisco Bay Area. He has also served as a Vice President for one of the top five Private Equity Firms. With over a decade of experience practicing public accounting, he specializes in client-centered accounting and consulting, R&D tax services, and the small business sector.
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Forming a nonprofit animal rescue can be a rewarding cause. You will be able to save thousands of animals from euthanization every year (on an estimation about 1.5 million animals get euthanized every year) and bring joy to other people's hearts. However, the process is lengthy and complicated. It can take years to get your organization off the ground so be prepared for a commitment. Make sure you learn all the basics of legal and financial operations and then hire responsible, dedicated staff.
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