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CAROLINA LEGACY YOUTH DEVELOPMENT INC

CARY, North Carolina, 27519

EIN: 82-3687014

Recreation, Sports, Leisure, Athletics

MISSION

THE INITIAL PURPOSE OF THE FOUNDATION IS TO PROVIDE UNIQUE COMMUNITY-BASED PROGRAMS CONSISTING OF RECREATION, SELF-DEVELOPMENT, ECONOMICS AND HEALTH TO INNER-CITY YOUTH, THEREBY PROVIDING THEM WITH OPPORTUNITIES TO DEVELOP, EXCEL AND GROW.

 FORM 1023-EZ for CAROLINA LEGACY YOUTH DEVELOPMENT INC

DEMOGRAPHIC

ADDRESS
230 PARKGATE DR
27519
COUNTY
wake county, NC

ORGANIZATIONAL OVERVIEW & RANKINGS

CAROLINA LEGACY YOUTH DEVELOPMENT INC is a based in CARY, NC, focused on Recreation, Sports, Leisure, Athletics causes , specifically Basketball. Established in May 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,155,113 among 2,656,690 nonprofits nationally (Top 44%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 35,879 out of 80,207 organizations in NC (Top 45%).

In wake county, NC, the organization ranks 3,731 out of 10,332 nonprofits by assets (Top 36%), while locally in cary, it stands at 540 among 1,299 organizations (Top 42%).

The organization reported no revenue in the most recent filing period, placing it at 1,719,484 nationally and 30,571 in NC.

Within its specific NTEE classification (N62 - N: Recreation, Sports, Leisure, Athletics), which includes 5,574 similar organizations, CAROLINA LEGACY YOUTH DEVELOPMENT INC ranks 2,288 in assets (Top 41%) and 2,866 in revenue (Top 52%).

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: Recreation, Sports, Leisure, Athletics
NTEE CODE
N62: Basketball
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
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2018
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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