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FI LIT INITIATIVE INC

CLAYTON, North Carolina, 27527

EIN: 83-3872133

Youth Development

MISSION

Teach at-risk youth and marginalized communities financial literacy via workshops, seminars, and summer camps to help improve their social condition.

 FORM 1023-EZ for FI LIT INITIATIVE INC

DEMOGRAPHIC

ADDRESS
277 RIVER KNOLL DR
27527
COUNTY
johnston county, NC
IN CARE OF NAME
BRIANA THOMAS

ORGANIZATIONAL OVERVIEW & RANKINGS

FI LIT INITIATIVE INC is a based in CLAYTON, NC, focused on Youth Development causes , specifically Youth Development - Business. Established in April 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,161,409 among 2,656,690 nonprofits nationally (Top 44%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 25,676 out of 80,207 organizations in NC (Top 33%).

In johnston county, NC, the organization ranks 512 out of 982 nonprofits by assets (Top 52%), while locally in clayton, it stands at 195 among 405 organizations (Top 48%).

The organization reported no revenue in the most recent filing period, placing it at 1,751,378 nationally and 29,374 in NC.

Within its specific NTEE classification (O53 - O: Youth Development), which includes 1,110 similar organizations, FI LIT INITIATIVE INC ranks 352 in assets (Top 32%) and 330 in revenue (Top 30%).

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
O53: Youth Development - Business
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

TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2019
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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