MISSION
The Fair Exchange Foundation prepares high-potential young adults in the greater New Orleans region for successful transition into adulthood by providing education, resources and skill-building opportunities.
DEMOGRAPHIC
ADDRESS
3336 LAWRENCE ST
70114
COUNTY
orleans county, LA
ORGANIZATIONAL OVERVIEW & RANKINGS
FAIR EXCHANGE FOUNDATION is a based in NEW ORLEANS, LA, focused on Youth Development causes , specifically Youth Development N.E.C.. 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 2,545,542 among 2,656,690 nonprofits nationally (Top 96%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 28,577 out of 33,837 organizations in LA (Top 85%).
In orleans county, LA, the organization ranks 3,981 out of 4,883 nonprofits by assets (Top 82%), while locally in new orleans, it stands at 4,765 among 5,022 organizations (Top 95%).
The organization reported no revenue in the most recent filing period, placing it at 2,018,184 nationally and 32,069 in LA.
Within its specific NTEE classification (O99 - O: Youth Development), which includes 4,624 similar organizations, FAIR EXCHANGE FOUNDATION ranks 4,002 in assets (Top 87%) and 3,971 in revenue (Top 86%).
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
O: Youth Development
NTEE CODE
O99: Youth Development N.E.C.
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.
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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