MISSION
Empower and uplift black youths and their communities toward mental, emotional, physical and financial well-being. Raise funds to provide financial support to other organizations that carry out the foregoing charitable activities.
DEMOGRAPHIC
ADDRESS
1720 NORTH FULLER AVENUE SUITE 360
90046
COUNTY
los angeles county, CA
IN CARE OF NAME
MAX PHILISAIRE
ORGANIZATIONAL OVERVIEW & RANKINGS
BLACK INITIATIVE INC is a based in LOS ANGELES, CA, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in March 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,036,481 among 2,656,690 nonprofits nationally (Top 40%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 161,238 out of 275,729 organizations in CA (Top 59%).
In los angeles county, CA, the organization ranks 38,520 out of 71,287 nonprofits by assets (Top 55%), while locally in los angeles, it stands at 7,381 among 19,629 organizations (Top 38%).
The organization reported no revenue in the most recent filing period, placing it at 1,331,968 nationally and 74,980 in CA.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, BLACK INITIATIVE INC ranks 10,941 in assets (Top 30%) and 20,841 in revenue (Top 56%).
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2021
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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