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FACETS INNOVATIONS INC

BRONX, New York, 10465

EIN: 85-3233045

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
824 BRINSMADE AVE
10465
COUNTY
bronx county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

FACETS INNOVATIONS INC is a based in BRONX, NY, focused on Community Improvement, Capacity Building causes , specifically Community Improvement, Capacity Building N.E.C.. Established in September 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $1.00, this ranks 817,642 among 2,656,690 nonprofits nationally (Top 31%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 62,525 out of 159,053 organizations in NY (Top 40%).

In bronx county, NY, the organization ranks 1,418 out of 5,297 nonprofits by assets (Top 27%), while locally in bronx, it stands at 1,359 among 5,203 organizations (Top 27%).

The organization reported no revenue in the most recent filing period, placing it at 655,857 nationally and 51,324 in NY.

Within its specific NTEE classification (S99 - S: Community Improvement, Capacity Building), which includes 4,667 similar organizations, FACETS INNOVATIONS INC ranks 1,215 in assets (Top 26%) and 1,102 in revenue (Top 24%).

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.

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
S: Community Improvement, Capacity Building
NTEE CODE
S99: Community Improvement, Capacity Building N.E.C.
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 past revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2023
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$1.00
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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