AGLAUNCH INITIATIVE
MEMPHIS,
Tennessee,
38104
EIN: 83-0995119
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
1319 HEISTAN PL
38104
COUNTY
shelby county, TN
IN CARE OF NAME
PETE NELSON
ORGANIZATIONAL OVERVIEW & RANKINGS
AGLAUNCH INITIATIVE is a based in MEMPHIS, TN, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in September 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $2,129,660.00, this ranks 146,173 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 2,311 out of 52,500 organizations in TN (Top 5%).
In shelby county, TN, the organization ranks 477 out of 12,814 nonprofits by assets (Top 4%), while locally in memphis, it stands at 393 among 10,368 organizations (Top 4%).
The organization reported annual revenue of $2,426,005.00, ranking 75,821 nationally (Top 3%) and 1,358 in TN (Top 3%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, AGLAUNCH INITIATIVE ranks 425 in assets (Top 9%) and 222 in revenue (Top 5%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
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
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,426,005.00
FORM 990 REVENUE AMOUNT
$2,426,005.00
RULING DATE
09/2019
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,129,660.00
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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