ALAYO FOUNDATION
MORRISVILLE,
North Carolina,
27560
EIN: 83-2098921
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Alayo Foundation supports local and international charitable activities, most recently providing support to an annual free health clinic.
DEMOGRAPHIC
ADDRESS
10520 CHAPEL HILL RD UNIT 63
27560
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
ALAYO FOUNDATION is a based in MORRISVILLE, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in December 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1.00, this ranks 814,297 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 20,916 out of 80,207 organizations in NC (Top 27%).
In wake county, NC, the organization ranks 2,824 out of 10,332 nonprofits by assets (Top 28%), while locally in morrisville, it stands at 68 among 270 organizations (Top 23%).
The organization reported no revenue in the most recent filing period, placing it at 658,225 nationally and 33,498 in NC.
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, ALAYO FOUNDATION ranks 7,398 in assets (Top 42%) and 7,404 in revenue (Top 42%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T30: Public Foundations
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
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2018
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
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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