FAMILY BUSINESS FOUNDATION
RALEIGH,
North Carolina,
27604
EIN: 93-3641373
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
5232 KNIGHTSBRIDGE WAY
27604
COUNTY
wake county, NC
IN CARE OF NAME
MORGAN BAILEY - CEO
ORGANIZATIONAL OVERVIEW & RANKINGS
FAMILY BUSINESS FOUNDATION is a based in RALEIGH, NC, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in September 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,136,851 among 2,656,690 nonprofits nationally (Top 81%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 68,430 out of 80,207 organizations in NC (Top 86%).
In wake county, NC, the organization ranks 9,167 out of 10,332 nonprofits by assets (Top 89%), while locally in raleigh, it stands at 4,519 among 6,106 organizations (Top 74%).
The organization reported no revenue in the most recent filing period, placing it at 2,571,233 nationally and 76,378 in NC.
Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, FAMILY BUSINESS FOUNDATION ranks 10,364 in assets (Top 91%) and 9,970 in revenue (Top 87%).
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
B12: Fund Raising and/or Fund Distribution
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
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2024
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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