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MISSION

MEGHAN MCCORMICK

 FORM 1023-EZ for DARE TO INNOVATE INC

DARETOINNOVATE.COM

DEMOGRAPHIC

ADDRESS
8 CRAIGIE CIR APT 45
02138
COUNTY
middlesex county, MA
IN CARE OF NAME
MEGHAN MCCOMICK

ORGANIZATIONAL OVERVIEW & RANKINGS

DARE TO INNOVATE INC is a based in CAMBRIDGE, MA, focused on International, Foreign Affairs and National Security causes , specifically International Economic Development. Established in February 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $38,727.00, this ranks 600,302 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 19,473 out of 58,562 organizations in MA (Top 34%).

In middlesex county, MA, the organization ranks 4,831 out of 14,370 nonprofits by assets (Top 34%), while locally in cambridge, it stands at 691 among 1,721 organizations (Top 40%).

The organization reported annual revenue of $502,630.00, ranking 182,406 nationally (Top 7%) and 5,708 in MA (Top 10%).

Within its specific NTEE classification (Q32 - Q: International, Foreign Affairs and National Security), which includes 1,018 similar organizations, DARE TO INNOVATE INC ranks 251 in assets (Top 24%) and 78 in revenue (Top 8%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year. Additional information can be found at DARETOINNOVATE.COM.

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
Q: International, Foreign Affairs and National Security
NTEE CODE
Q32: International Economic Development
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 current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

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 Jan. 2021
TAX PERIOD
12/2017
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$502,630.00
FORM 990 REVENUE AMOUNT
$502,630.00
RULING DATE
02/2015
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$38,727.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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