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DRAKE FOUNDATION

LAS VEGAS, Nevada, 89107

EIN: 85-4146411

Human Services - Multipurpose and Other

MISSION

Provide clothes, food, hygiene products and scholarships to inner city youth and needy families throughout the year.

 FORM 1023-EZ for DRAKE FOUNDATION

DEMOGRAPHIC

ADDRESS
304 S JONES BLVD
89107
COUNTY
clark county, NV
IN CARE OF NAME
DARRYL DRAKE

ORGANIZATIONAL OVERVIEW & RANKINGS

DRAKE FOUNDATION is a based in LAS VEGAS, NV, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in February 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,546,652 among 2,656,690 nonprofits nationally (Top 96%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 19,294 out of 21,480 organizations in NV (Top 90%).

In clark county, NV, the organization ranks 12,849 out of 15,094 nonprofits by assets (Top 86%), while locally in las vegas, it stands at 9,870 among 11,931 organizations (Top 83%).

The organization reported no revenue in the most recent filing period, placing it at 2,019,294 nationally and 17,770 in NV.

Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, DRAKE FOUNDATION ranks 65,048 in assets (Top 91%) and 56,574 in revenue (Top 79%).

Note: This organization's tax-exempt status was temporarily revoked 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.

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
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
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, 2023;

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 Jul. 2023
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2021
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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