MISSION
The organization will provide yearly scholarship donations for youth in the community and mentor at risk youth in the community. The 78 Foundation is non-profit organization providing mentoring and life coaching for Middle School and High School yout
DEMOGRAPHIC
ADDRESS
747 CANAAN DR E
71202
COUNTY
ouachita county, LA
ORGANIZATIONAL OVERVIEW & RANKINGS
78 FOUNDATION is a based in MONROE, LA, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in November 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 951,218 among 2,656,690 nonprofits nationally (Top 36%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 16,032 out of 33,837 organizations in LA (Top 48%).
In ouachita county, LA, the organization ranks 415 out of 1,268 nonprofits by assets (Top 32%), while locally in monroe, it stands at 234 among 855 organizations (Top 26%).
The organization reported no revenue in the most recent filing period, placing it at 1,256,395 nationally and 15,670 in LA.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, 78 FOUNDATION ranks 8,703 in assets (Top 24%) and 8,378 in revenue (Top 23%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a March 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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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
TAX PERIOD
04/2023
ACCOUNTING PERIOD
04
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2021
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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