AFRICAN AMERICAN SMALL BUSINESS FOUNDATION INC
GARDEN CITY,
New York,
11530
EIN: 86-3221027
Community Improvement, Capacity Building
MISSION
This is a nonprofit organization formed to provide support and educational resources to minority-owned small businesses, and other educational and charitable purposes permitted under section 501(c)3.
FORM 1023-EZ for AFRICAN AMERICAN SMALL BUSINESS FOUNDATION INC
DEMOGRAPHIC
ADDRESS
1225 FRANKLIN AVE STE 225
11530
COUNTY
nassau county, NY
IN CARE OF NAME
PHILLIP ANDREWS
ORGANIZATIONAL OVERVIEW & RANKINGS
AFRICAN AMERICAN SMALL BUSINESS FOUNDATION INC is a based in GARDEN CITY, NY, focused on Community Improvement, Capacity Building causes , specifically Community Improvement, Capacity Building N.E.C.. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,660,816 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 65,443 out of 159,053 organizations in NY (Top 42%).
In nassau county, NY, the organization ranks 7,918 out of 11,589 nonprofits by assets (Top 69%), while locally in garden city, it stands at 382 among 551 organizations (Top 67%).
The organization reported no revenue in the most recent filing period, placing it at 827,407 nationally and 56,258 in NY.
Within its specific NTEE classification (S99 - S: Community Improvement, Capacity Building), which includes 4,667 similar organizations, AFRICAN AMERICAN SMALL BUSINESS FOUNDATION INC ranks 3,660 in assets (Top 79%) and 3,532 in revenue (Top 76%).
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
S99: Community Improvement, Capacity Building N.E.C.
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
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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