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MISSION

The mission of the Asante Foundation is to promote respect for New Orleans African American community by honoring those who contribute to it inspire it and represent the best of it.

 FORM 1023-EZ for ASANTEUSA INC

DEMOGRAPHIC

ADDRESS
1332 ORETHA CASTLE HALEY BLVD
70113
COUNTY
orleans county, LA
IN CARE OF NAME
LAWRENCE MARTIN

ORGANIZATIONAL OVERVIEW & RANKINGS

ASANTEUSA INC is a based in NEW ORLEANS, LA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Named Trusts/Foundations N.E.C.. Established in March 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,376,497 among 2,656,690 nonprofits nationally (Top 90%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 28,365 out of 33,837 organizations in LA (Top 84%).

In orleans county, LA, the organization ranks 3,917 out of 4,883 nonprofits by assets (Top 80%), while locally in new orleans, it stands at 4,428 among 5,022 organizations (Top 89%).

The organization reported no revenue in the most recent filing period, placing it at 2,178,350 nationally and 31,857 in LA.

Within its specific NTEE classification (T90 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,284 similar organizations, ASANTEUSA INC ranks 2,222 in assets (Top 98%) and 2,222 in revenue (Top 98%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .

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
T90: Named Trusts/Foundations 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

Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;

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.

Data current as of May. 2020
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2017
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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