Is It Worth It? (Pros, Cons & More)
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’s so many nonprofit formation services that it’s tough to know which one’s right for you.
As a supplement to your own research, we invested many hours into researching online nonprofit formation providers. Our goal is to give you the information you need to make a fully informed decision for your business.
In this CorpNet nonprofit review, we’ll talk about some pros and cons, pricing and features, customer reviews, and more. Read on to find out if they’re a good fit for your company.
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.
CorpNet’s Basic package costs $128. When the industry standard is $99 ― and some companies like IncFile go even cheaper than that ― it could make you wonder why you’re spending the extra money on CorpNet.
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.
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 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.
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.
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.
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, IncFile.
Pricing: IncFile charges just $49 for their baseline Silver nonprofit formation package, 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 IncFile’s inclusion of a full year of registered agent service with any nonprofit formation package.
Customer Support: IncFile 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: IncFile and CorpNet have similar experience levels. IncFile opened in 2004, and they’ve served over 150,000 customers since then. CorpNet’s owners have been offering business services for about 20 years, and they’ve helped over 100,000 clients.
Pricing Starts at
In Business Since 2009
Anyone looking to work with a company that has exceptional customer service and great prices
Pricing Starts at
In Business Since 2004
Anyone wanting to work with an A+ rated company & enjoy a number of free additional services
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.
With a 100% satisfaction guarantee backing all of their services, CorpNet customers have the peace of mind that comes with this financial safety net.
As I mentioned earlier, their website is covered by the Norton Shopping Guarantee with its $10k identity theft coverage and $1k purchase protection.
They sure do. Just pick up the phone or send them an email, whether you formed your nonprofit yesterday or months ago.
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.
If you’re ready to get started with CorpNet, or you need to review our top 4 nonprofit formation services, simply use the links below and you’re on your way.Visit Corpnet.com Or Visit Other Options