Registering as a Student Organization
It turns out that the SAFC does not provide funding to organizations where any members receive academic credit for their involvement, which would disqualify AguaClara, unless the student organization was only composed of people who wanted to be involved without taking the class. Most of the benefits of registering as a student organization (access to webspace, reserving university space for meetings and events, tabling on Ho plaza, etc.) are things AguaClara has access to already, so I think the primary reason for registering as a student organization would be to give people who wanted to be involved without taking the class something official to "join," though there may be other benefits I'm not aware of. Next year's outreach team should decide whether becoming a student organization would wind up being beneficial for the team and if so should go about registering using the process outlined above.
The procedure for going about registering as a student organization is fairly straightforward and shouldn't be too complicated. The link below is to a pdf file that spells out the whole process:
http://www.sao.cornell.edu/SO/reg_guidelines.pdf
Registration for the academic year begins July 1st or August 1st and lasts until the end of classes in the spring. The registration can all be done online and requires filling out an organization information form, uploading a constitution and by-laws, filling out an adviser verification form and listing four undergraduate officers.
Check out the following link for constitution and by-laws produced through class discussion
https://confluence.cornell.edu/download/attachments/79732261/CONSTITUTION+AND+BY-LAWS.doc