[myoung8]

You'll have a tough time raising money from traditional angels/VCs if it's not a C-Corp.

I've heard of a couple VCs out there who want to invest in social entrepreneurship, though, so maybe you want to ask them. Check out Good Capital: http://www.goodcap.net/

[davidryal]

I should have covered this. Choosing the for-profit road would, indeed, meaning converting to a C-corp. Luckily, that's not too hard to do without adding much marginal cost on top of the legal costs of closing a round.