AFRICAN ECONOMIC FOUNDATION
CLINTON,
Mississippi,
39056
EIN: 83-4112466
Community Improvement, Capacity Building
MISSION
The BAIO is a economic organization created to stimulate and empower minority communities in the US and help stimulate infrastructure, growth, and stability in developing African countries by the use of networking and fund raised grants.
DEMOGRAPHIC
ADDRESS
606 CHURCH ST
39056
COUNTY
hinds county, MS
IN CARE OF NAME
BRADLEY BAILEY
ORGANIZATIONAL OVERVIEW & RANKINGS
AFRICAN ECONOMIC FOUNDATION is a based in CLINTON, MS, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in April 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,055,442 among 2,656,690 nonprofits nationally (Top 40%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 6,326 out of 21,650 organizations in MS (Top 30%).
In hinds county, MS, the organization ranks 1,511 out of 4,718 nonprofits by assets (Top 32%), while locally in clinton, it stands at 134 among 259 organizations (Top 45%).
The organization reported no revenue in the most recent filing period, placing it at 1,290,296 nationally and 5,765 in MS.
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, AFRICAN ECONOMIC FOUNDATION ranks 3,170 in assets (Top 65%) and 3,131 in revenue (Top 64%).
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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
04/2022
ACCOUNTING PERIOD
04
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2019
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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