ACADEMIC MAGNET FOUNDATION
N CHARLESTON,
South Carolina,
29405
EIN: 26-2530146
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
5109A W ENTERPRISE ST
29405
COUNTY
charleston county, SC
ORGANIZATIONAL OVERVIEW & RANKINGS
ACADEMIC MAGNET FOUNDATION is a based in N CHARLESTON, SC, focused on Educational Institutions and Related Activities causes , specifically Nonmonetary Support N.E.C.. Established in January 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $206,723.00, this ranks 403,911 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,279 out of 41,152 organizations in SC (Top 11%).
In charleston county, SC, the organization ranks 609 out of 3,769 nonprofits by assets (Top 17%), while locally in n charleston, it stands at 89 among 653 organizations (Top 13%).
The organization reported annual revenue of $75,006.00, ranking 439,463 nationally (Top 17%) and 5,211 in SC (Top 13%).
Within its specific NTEE classification (B19 - B: Educational Institutions and Related Activities), which includes 2,056 similar organizations, ACADEMIC MAGNET FOUNDATION ranks 420 in assets (Top 20%) and 515 in revenue (Top 25%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2011 and was reinstated on May 15, 2011 .
The organization files a 990 (all other) or 990EZ return and operates on a June 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
B: Educational Institutions and Related Activities
NTEE CODE
B19: Nonmonetary Support N.E.C.
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
Revoked: Sunday, May 15, 2011;
Reinstated: Sunday, May 15, 2011
TAX PERIOD
07/2023
ACCOUNTING PERIOD
07
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$78,802.00
FORM 990 REVENUE AMOUNT
$75,006.00
RULING DATE
01/2014
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$206,723.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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