CorpNet Nonprofit Review
Is It Worth It? (Pros, Cons, & More)
Last Updated: By TRUiC Team
Are you in the process of forming a nonprofit and looking for some help? Considering the uniquely specific compliance requirements of many nonprofits, the DIY route can be incredibly complex. However, there are so many nonprofit formation services that it’s tough to know which one’s right for you.
To complement your own research, we invested countless hours into finding the best nonprofit formation services available. Our goal is to provide you with the info you need to make a smart decision for your company.
Recommended Nonprofit Formation Service:
Northwest Registered Agent ($29 + State Fees)
Northwest is reliable, offers great customer service, and includes a free year of registered agent services at a lower price.
Pros & Cons of CorpNet
Pros of CorpNet
- CorpNet has amazing customer feedback. As evidenced by their 9.7 out of 10 score on TrustPilot, it’s clear that their clients are pleased with their experiences.
- All of their services are backed by a 100% satisfaction guarantee, which says that if you’re unsatisfied they will refund any fees that you paid to CorpNet, with no questions asked.
- While CorpNet is a major operation, they maintain a personal touch. Husband-and-wife team Philip and Nellie Akalp have been in the industry for over two decades, serving 100,000+ businesses along the way.
- Their Deluxe and Complete nonprofit formation packages include a full year of registered agent service, and a federal tax ID number or EIN. Seeing as most companies end up needing these anyway, it’s convenient to take a one-stop shopping approach.
Cons of CorpNet
- CorpNet’s Basic package costs $128. When the industry standard is $99 ― and some companies like Northwest go even cheaper than that ― it could make you wonder why you’re spending the extra money on CorpNet.
CorpNet Nonprofit Pricing & Features
CorpNet gives customers three choices for their nonprofit formation service, ranging from $128 to $328: Basic, Deluxe, and Complete.
Keep in mind that CorpNet does not include shipping in the price points for these products in their ads, as you’ll see below. Since all of their competitors do include shipping in their advertised prices, we adjusted CorpNet’s rates to be comparable to the competition.
Basic = $128 + State Fee
What It Includes: This package gets you the essentials of nonprofit formation, including a business name availability check, and the preparation and filing of your articles of incorporation. In addition, the Basic package includes the B.I.Z. Corporate Compliance Tool which provides document storage and deadline reminders, and a 60-day trial of registered agent service to receive and forward important documents.
Who It’s Right For: Entrepreneurs who simply need nonprofit formation without the bells and whistles should be pleased with what the Basic package has to offer.
Deluxe = $228 + State Fee
What It Includes: Everything from the Basic package, plus a full year of registered agent service, a federal tax ID number (EIN) which enables you to hire employees and open business bank accounts, and a hard copy of your formation documents. Also, the Deluxe package adds “24-hour document preparation,” which if anything just makes us wonder how long they take for Basic.
Who It’s Right For: Most businesses do need an EIN and registered agent service, so we like the Deluxe package for all but the smallest nonprofit operations.
Complete = $328 + State Fee
What It Includes: Everything from the Deluxe package, along with a custom nonprofit kit and seal to organize your company documents.
Who It’s Right For: Despite CorpNet’s assertion that this is the “Best Value,” you’re not saving any money over simply ordering the Deluxe package and adding the kit/seal for $100. Also, no one actually needs a kit and seal, so this package is not a strong value.
In our opinion, the Deluxe package is a no-brainer. It’s a smartly bundled collection of features that most companies need.
CorpNet scores big points with their top-rate customer feedback. With over 350 reviews available online, and nearly zero critical feedback to be found, most reviews discuss how fast CorpNet’s services are, and how helpful and friendly their support reps are.
Customer Reviews Last Updated 9-17-2018
Conclusion: CorpNet has some of the most consistently positive customer reviews in the entire industry. It’s impossible to view this as anything other than a big pro.
How CorpNet Compares
CorpNet is a top nonprofit formation service because of their great customer reviews and satisfaction guarantee. Still, it’s a good idea to keep an eye on what the competition is offering, so let’s also take a look at our top pick for nonprofit formation, Northwest.
Pricing: Northwest charges just $29 for nonprofit formation services, which is obviously a much lower price than the $128 CorpNet charges for their base package.
Features: CorpNet’s Basic package is just that, quite basic. It includes the fundamentals like a name availability check and the filing of your articles of incorporation, but they can’t match Northwest's inclusion of a full year of registered agent service, which is a professional service most nonprofits will need.
Customer Support: Northwest and CorpNet both provide rock-solid support to their customers. They both have reputations for having helpful, friendly service representatives, and in our experience, those reputations are well-deserved.
Experience: Northwest is an industry giant. They have been helping clients since 1998.
HERE'S A QUICK VISUAL
Pricing Starts at $128
In Business Since 2009
Perfect for: Anyone looking to work with a company that has exceptional customer service and great prices
Northwest Registered Agent
In Business Since 1998
Perfect for: Anyone wanting to work with an A+ rated company & enjoy a number of free additional services
Frequently Asked Questions
Can I File a Nonprofit Independently?
This is certainly an option, but it can be a hassle. In some states, nonprofits have extremely complex compliance requirements, which a service like CorpNet can navigate for you, leaving you more time to start your organization. If you would like to go the DIY route, make sure to check out our comprehensive how-to guide.
What’s Their Refund Policy?
With a 100% satisfaction guarantee backing all of their services, CorpNet customers have the peace of mind that comes with this financial safety net.
How Secure Is CorpNet?
As I mentioned earlier, their website is covered by the Norton Shopping Guarantee with its $10k identity theft coverage and $1k purchase protection.
Do They Offer Ongoing Support?
They sure do. Just pick up the phone or send them an email, whether you formed your nonprofit yesterday or months ago.
Should You Use CorpNet?
CorpNet scores a 4.2/5 in our book. Their customer feedback is nearly flawless and their satisfaction guarantee is a nice added safety net. The only issue is that their prices are over 25% higher than most competitors. That being said, if this doesn’t sound like your perfect fit, check out our Best Nonprofit Formation Services Available review. Cheers!