DRAKE FOUNDATION INC
RED OAK,
Texas,
75154
EIN: 47-1350667
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
115 RICHARD LN
75154
COUNTY
ellis county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
DRAKE FOUNDATION INC is a based in RED OAK, TX, focused on Educational Institutions and Related Activities causes , specifically Educational Services and Schools - Other. Established in November 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,364,770 among 2,656,690 nonprofits nationally (Top 90%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 148,945 out of 202,022 organizations in TX (Top 74%).
In ellis county, TX, the organization ranks 1,398 out of 1,648 nonprofits by assets (Top 85%), while locally in red oak, it stands at 207 among 225 organizations (Top 91%).
The organization reported no revenue in the most recent filing period, placing it at 2,199,914 nationally and 190,038 in TX.
Within its specific NTEE classification (B90 - B: Educational Institutions and Related Activities), which includes 26,661 similar organizations, DRAKE FOUNDATION INC ranks 25,285 in assets (Top 95%) and 22,780 in revenue (Top 86%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2017 .
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
B: Educational Institutions and Related Activities
NTEE CODE
B90: Educational Services and Schools - Other
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
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2017;
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.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2014
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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