MISSION
Our core mission is to create an accessible educational resource focused on early education, particularly in fields of music, photography, literacy and handicrafts, for residents of Alabama's Black Belt region.
DEMOGRAPHIC
ADDRESS
4228 OLD BROOK TRL
35243
COUNTY
jefferson county, AL
ORGANIZATIONAL OVERVIEW & RANKINGS
5 CENTS FOUNDATION is a based in MOUNTAIN BRK, AL, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,377,599 among 2,656,690 nonprofits nationally (Top 90%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 31,225 out of 35,672 organizations in AL (Top 88%).
In jefferson county, AL, the organization ranks 6,049 out of 7,262 nonprofits by assets (Top 84%), while locally in mountain brk, it stands at 210 among 219 organizations (Top 96%).
The organization reported no revenue in the most recent filing period, placing it at 2,179,452 nationally and 26,937 in AL.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, 5 CENTS FOUNDATION ranks 16,479 in assets (Top 100%) and 15,140 in revenue (Top 92%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2018
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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