50-50 MICROFINANCE ENTERPRISES INC
BROOKLYN,
New York,
11218
EIN: 45-0846197
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
599 E 7TH ST
11218
COUNTY
kings county, NY
IN CARE OF NAME
ETHAN WAGNER
ORGANIZATIONAL OVERVIEW & RANKINGS
50-50 MICROFINANCE ENTERPRISES INC is a based in BROOKLYN, NY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in September 2011, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,609,516 among 2,656,690 nonprofits nationally (Top 61%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 96,561 out of 159,053 organizations in NY (Top 61%).
In kings county, NY, the organization ranks 9,288 out of 18,995 nonprofits by assets (Top 49%), while locally in brooklyn, it stands at 7,808 among 18,866 organizations (Top 42%).
The organization reported no revenue in the most recent filing period, placing it at 1,566,135 nationally and 79,334 in NY.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, 50-50 MICROFINANCE ENTERPRISES INC ranks 3,044 in assets (Top 63%) and 3,008 in revenue (Top 62%).
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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2011
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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