MISSION
Provide free creative services. This Nonprofit opened a creative center offering free creative programs to artists and entrepreneurs lacking resources. Especially within the at-risk demographic.
FORM 1023-EZ for CAP INITIATIVE INC
WEBSITE: HTTP://WWW.CAPINITIATIVE.ORGDEMOGRAPHIC
ADDRESS
15665 HAWTHORNE BLVD STE I
90260
COUNTY
los angeles county, CA
ORGANIZATIONAL OVERVIEW & RANKINGS
CAP INITIATIVE INC is a based in LAWNDALE, CA, focused on Arts, Culture and Humanities causes , specifically Arts, Cultural Organizations - Multipurpose. 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 2,545,923 among 2,656,690 nonprofits nationally (Top 96%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 240,375 out of 275,729 organizations in CA (Top 88%).
In los angeles county, CA, the organization ranks 64,952 out of 71,287 nonprofits by assets (Top 92%), while locally in lawndale, it stands at 105 among 151 organizations (Top 54%).
The organization reported no revenue in the most recent filing period, placing it at 2,018,565 nationally and 253,169 in CA.
Within its specific NTEE classification (A20 - A: Arts, Culture and Humanities), which includes 16,560 similar organizations, CAP INITIATIVE INC ranks 14,953 in assets (Top 91%) and 13,614 in revenue (Top 83%).
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. Additional information can be found at HTTP://WWW.CAPINITIATIVE.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
A: Arts, Culture and Humanities
NTEE CODE
A20: Arts, Cultural Organizations - Multipurpose
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
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
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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