DEMOGRAPHIC
ADDRESS
456 HORIZON LIGHT LN
77493
COUNTY
harris county, TX
IN CARE OF NAME
AFOLABI O BABALOLA
ORGANIZATIONAL OVERVIEW & RANKINGS
BABSFOUNDATION is a based in KATY, TX, focused on Educational Institutions and Related Activities causes , specifically Elementary, Secondary Education, K - 12. Established in January 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 958,991 among 2,656,690 nonprofits nationally (Top 37%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 70,917 out of 202,022 organizations in TX (Top 36%).
In harris county, TX, the organization ranks 11,848 out of 30,926 nonprofits by assets (Top 39%), while locally in katy, it stands at 1,199 among 2,075 organizations (Top 58%).
The organization reported no revenue in the most recent filing period, placing it at 1,254,814 nationally and 126,991 in TX.
Within its specific NTEE classification (B20 - B: Educational Institutions and Related Activities), which includes 6,864 similar organizations, BABSFOUNDATION ranks 5,273 in assets (Top 77%) and 4,532 in revenue (Top 66%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a September 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
B: Educational Institutions and Related Activities
NTEE CODE
B20 : Elementary, Secondary Education, K - 12
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
10/2023
ACCOUNTING PERIOD
10
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
01/2022
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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