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COMMONWEALTH GROWTH VENTURES INC

MOREHEAD, Kentucky, 40351

EIN: 85-1206889

Community Improvement, Capacity Building

MISSION

Strengthen communities by helping folks achieve their dreams through small business ownership, economic development, educational opportunities to coach and assist start and existing business communities.

 FORM 1023-EZ for COMMONWEALTH GROWTH VENTURES INC

DEMOGRAPHIC

ADDRESS
149 E MAIN ST
40351
COUNTY
rowan county, KY
IN CARE OF NAME
JASON S RAINEY

ORGANIZATIONAL OVERVIEW & RANKINGS

COMMONWEALTH GROWTH VENTURES INC is a based in MOREHEAD, KY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in August 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,568,142 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 23,137 out of 31,364 organizations in KY (Top 74%).

In rowan county, KY, the organization ranks 165 out of 191 nonprofits by assets (Top 83%), while locally in morehead, it stands at 172 among 181 organizations (Top 91%).

The organization reported no revenue in the most recent filing period, placing it at 2,033,386 nationally and 22,848 in KY.

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, COMMONWEALTH GROWTH VENTURES INC ranks 4,338 in assets (Top 89%) and 4,301 in revenue (Top 88%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .

The organization files a 990 - Not required to file(all other) 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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
FOUNDATION CODE
N/A
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.

Data current as of Jul. 2023
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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