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MISSION

To provide low-cost broadband to underserved communities in the rural North Carolina mountains and provide technology education.

 FORM 1023-EZ for CANOPY NETWORKS INC

WEBSITE: HTTPS://CANOPYNETWORKS.ORG

DEMOGRAPHIC

ADDRESS
55 HOLLOWAY RD
28771
COUNTY
graham county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

CANOPY NETWORKS INC is a based in ROBBINSVILLE, NC, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Telephone, Telegraph and Telecommunication Services. Established in October 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,802,638 among 2,656,690 nonprofits nationally (Top 68%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 53,002 out of 80,207 organizations in NC (Top 67%).

In graham county, NC, the organization ranks 29 out of 69 nonprofits by assets (Top 29%), while locally in robbinsville, it stands at 28 among 65 organizations (Top 28%).

The organization reported no revenue in the most recent filing period, placing it at 694,099 nationally and 42,355 in NC.

Within its specific NTEE classification (W50 - W: Public, Society Benefit - Multipurpose and Other), which includes 202 similar organizations, CANOPY NETWORKS INC ranks 80 in assets (Top 39%) and 75 in revenue (Top 37%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2019 and was reinstated on May 15, 2019 .

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. Additional information can be found at HTTPS://CANOPYNETWORKS.ORG.

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
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W50: Telephone, Telegraph and Telecommunication Services
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 past revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2019;
Reinstated: Wednesday, May 15, 2019
Data current as of Jul. 2023
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2019
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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