Is there anything to watch out for in Creating a 501c3?

What is the name of your state (only U.S. law)? CA

Is there anything to watch out for when Creating a 501c3 for a Community Emergency Response Team in California? I was elected president, what is my liability? Thanks

Any personal malfeasance or negligence can expose you to lawsuit. What other pointers would you like. It's common for companies to carry E&O insurance to pursue those providing roles.

I assume you've got the material that FEMA provides on setting up such organizations.

You'd be well advise to get legal and/or accounting assistance in initiating and maintaining the paperwork required for the 501(c).

Oh, only about a thousand things.

This is not a DIY project. Consult local counsel.