DEMOLA OGUNBANWO LEGACY FOUNDATION INC
IRVING,
Texas,
75062
EIN: 87-1494470
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
To Engage in any activities which will improve the welfare and economic condition of people and individuals. To promote progress and harmony of humanity . To help the needy by providing clothes, foods, and other provisions.
DEMOGRAPHIC
ADDRESS
2300 VALLEY VIEW LN STE 623
75062
COUNTY
dallas county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
DEMOLA OGUNBANWO LEGACY FOUNDATION INC is a based in IRVING, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in September 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $750.00, this ranks 765,952 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 51,264 out of 202,022 organizations in TX (Top 26%).
In dallas county, TX, the organization ranks 9,355 out of 26,443 nonprofits by assets (Top 36%), while locally in irving, it stands at 394 among 1,582 organizations (Top 25%).
The organization reported no revenue in the most recent filing period, placing it at 684,614 nationally and 43,557 in TX.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, DEMOLA OGUNBANWO LEGACY FOUNDATION INC ranks 2,452 in assets (Top 22%) and 2,198 in revenue (Top 20%).
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
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
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2021
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$750.00
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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