DOUGLAS J STEARNS FOUNDATION
WASHINGTON,
District of Columbia,
20011
EIN: 85-2816325
Educational Institutions and Related Activities
MISSION
The mission of the Douglas J. Stearns Foundation, Inc. is to provide educational scholarships to Black and African American students attending Historically Black College and Universities.
WWW.DOUGLASJSTEARNSFOUNDATION.ORGDEMOGRAPHIC
ADDRESS
538 ONEIDA PL NW
20011
COUNTY
district of columbia county, DC
ORGANIZATIONAL OVERVIEW & RANKINGS
DOUGLAS J STEARNS FOUNDATION is a based in WASHINGTON, DC, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in July 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $3,873.00, this ranks 731,812 among 2,656,690 nonprofits nationally (Top 28%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 7,665 out of 21,233 organizations in DC (Top 36%).
In district of columbia county, DC, the organization ranks 7,632 out of 21,142 nonprofits by assets (Top 36%), while locally in washington, it stands at 7,633 among 21,053 organizations (Top 37%).
The organization reported annual revenue of $7,773.00, ranking 596,020 nationally (Top 23%) and 7,035 in DC (Top 34%).
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, DOUGLAS J STEARNS FOUNDATION ranks 10,362 in assets (Top 33%) and 5,945 in revenue (Top 19%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .
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. Additional information can be found at WWW.DOUGLASJSTEARNSFOUNDATION.ORG.
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
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
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
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$7,773.00
FORM 990 REVENUE AMOUNT
$7,773.00
RULING DATE
07/2024
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$3,873.00
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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