CORNERSTONE HOOPS INC
SELLERSBURG,
Indiana,
47172
EIN: 85-3067716
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Cornerstone is a nonprofit organization exclusively for charitable, scientific and education purposes, specifically, to support youth in Indiana with vision, direction, investment and support needed to teach the word of God through sports-basketball.
DEMOGRAPHIC
ADDRESS
646 MULBERRY ST
47172
COUNTY
clark county, IN
IN CARE OF NAME
PERRY HUNTER
ORGANIZATIONAL OVERVIEW & RANKINGS
CORNERSTONE HOOPS INC is a based in SELLERSBURG, IN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in November 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,221,558 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 23,968 out of 59,590 organizations in IN (Top 41%).
In clark county, IN, the organization ranks 293 out of 753 nonprofits by assets (Top 37%), while locally in sellersburg, it stands at 76 among 111 organizations (Top 65%).
The organization reported no revenue in the most recent filing period, placing it at 1,093,707 nationally and 36,126 in IN.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, CORNERSTONE HOOPS INC ranks 5,582 in assets (Top 49%) and 3,352 in revenue (Top 30%).
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2020
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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