DEMOGRAPHIC
ADDRESS
1709 FRANK HALL DR
56007
COUNTY
freeborn county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
BELOVED INITIATIVE is a based in ALBERT LEA, MN . Established in September 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $16,192.00, this ranks 667,884 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 14,985 out of 53,624 organizations in MN (Top 28%).
In freeborn county, MN, the organization ranks 59 out of 302 nonprofits by assets (Top 19%), while locally in albert lea, it stands at 46 among 203 organizations (Top 22%).
The organization reported annual revenue of $40,901.00, ranking 517,498 nationally (Top 20%) and 12,375 in MN (Top 24%).
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, BELOVED INITIATIVE ranks 195,168 in assets (Top 25%) and 143,665 in revenue (Top 19%).
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
N/A
NTEE CODE
N/A
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$40,901.00
FORM 990 REVENUE AMOUNT
$40,901.00
RULING DATE
09/2021
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$16,192.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
