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MISSION

To educate and advance knowledge in the community regarding water safety, as related to children. To develop human potential by inspiring youth to achieve their dreams.

 FORM 1023-EZ for BEANS WAY FOUNDATION

DEMOGRAPHIC

ADDRESS
2305 BRAGG CT
23454
COUNTY
virginia beach city county, VA
IN CARE OF NAME
BARBARA IMAN

ORGANIZATIONAL OVERVIEW & RANKINGS

BEANS WAY FOUNDATION is a based in VIRGINIA BCH, VA, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in December 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,214,782 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 43,621 out of 73,265 organizations in VA (Top 60%).

In virginia beach city county, VA, the organization ranks 1,724 out of 3,331 nonprofits by assets (Top 52%), while locally in virginia bch, it stands at 1,172 among 2,635 organizations (Top 44%).

The organization reported no revenue in the most recent filing period, placing it at 1,089,282 nationally and 46,462 in VA.

Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, BEANS WAY FOUNDATION ranks 4,314 in assets (Top 38%) and 7,157 in revenue (Top 63%).

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
B: Educational Institutions and Related Activities
NTEE CODE
B12: Fund Raising and/or Fund Distribution
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2019
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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