FIFTY FOUR FOUNDATION
MEMPHIS,
Tennessee,
38109
EIN: 82-1722683
Community Improvement, Capacity Building
MISSION
DWIGHT SMITH
N/ADEMOGRAPHIC
ADDRESS
15 E MALLORY AVE
38109
COUNTY
shelby county, TN
ORGANIZATIONAL OVERVIEW & RANKINGS
FIFTY FOUR FOUNDATION is a based in MEMPHIS, TN, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in June 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,770,012 among 2,656,690 nonprofits nationally (Top 67%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 29,733 out of 52,500 organizations in TN (Top 57%).
In shelby county, TN, the organization ranks 3,603 out of 12,814 nonprofits by assets (Top 29%), while locally in memphis, it stands at 2,260 among 10,368 organizations (Top 22%).
The organization reported no revenue in the most recent filing period, placing it at 801,112 nationally and 17,001 in TN.
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, FIFTY FOUR FOUNDATION ranks 14,779 in assets (Top 75%) and 12,432 in revenue (Top 63%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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. Additional information can be found at N/A.
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
S20: Community, Neighborhood Development, Improvement (General)
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 current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
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
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2017
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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