BLACK WEALTH 2020 BLACK WEALTH
WASHINGTON,
District of Columbia,
20024
EIN: 85-1498781
Educational Institutions and Related Activities
MISSION
To educate individuals in the Black community on strategies to build businesses, the role of banks investment in communities, the value of property ownership in community building and the importance of supporting Historically Black Colleges and Univ
DEMOGRAPHIC
ADDRESS
45 L ST SW UNIT 71011
20024
COUNTY
district of columbia county, DC
IN CARE OF NAME
JUSTIN EDWARDS
ORGANIZATIONAL OVERVIEW & RANKINGS
BLACK WEALTH 2020 BLACK WEALTH is a based in WASHINGTON, DC, focused on Educational Institutions and Related Activities causes , specifically Adult, Continuing Education. Established in July 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,568,391 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 19,219 out of 21,233 organizations in DC (Top 91%).
In district of columbia county, DC, the organization ranks 21,123 out of 21,142 nonprofits by assets (Top 100%), while locally in washington, it stands at 19,086 among 21,053 organizations (Top 91%).
The organization reported no revenue in the most recent filing period, placing it at 2,033,635 nationally and 19,292 in DC.
Within its specific NTEE classification (B60 - B: Educational Institutions and Related Activities), which includes 6,384 similar organizations, BLACK WEALTH 2020 BLACK WEALTH ranks 5,965 in assets (Top 94%) and 5,949 in revenue (Top 94%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
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
B60: Adult, Continuing Education
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
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
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.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2021
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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