723 FOUNDATION
MADISON,
North Carolina,
27025
EIN: 84-3119556
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
CHARITABLE ORGANIZATION RAISING MONEY TO MEET NEEDS OF THE COMMUNITY AS APPROVED BY THE BOARD OF DIRECTORS AND OTHER INTERESTED STAKEHOLDERS.
WWW.723FOUNDATION.ORGDEMOGRAPHIC
ADDRESS
PO BOX 844
27025
COUNTY
rockingham county, NC
IN CARE OF NAME
BRITTNE STEVENS
ORGANIZATIONAL OVERVIEW & RANKINGS
723 FOUNDATION is a based in MADISON, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in October 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,554,819 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 58,992 out of 80,207 organizations in NC (Top 74%).
In rockingham county, NC, the organization ranks 487 out of 538 nonprofits by assets (Top 90%), while locally in madison, it stands at 49 among 59 organizations (Top 49%).
The organization reported no revenue in the most recent filing period, placing it at 2,016,364 nationally and 56,852 in NC.
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, 723 FOUNDATION ranks 17,419 in assets (Top 99%) and 16,818 in revenue (Top 96%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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. Additional information can be found at WWW.723FOUNDATION.ORG.
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
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: Sunday, May 15, 2022;
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
10/2019
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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