FINANCE REQUIRES EFFECTIVE EDUCATION INC
NEWARK,
New Jersey,
07103
EIN: 84-2432873
Human Services - Multipurpose and Other
MISSION
The organization provides basic financial education to predominantly underrepresented people.
DEMOGRAPHIC
ADDRESS
29 BOSTON CT
07103
COUNTY
essex county, NJ
ORGANIZATIONAL OVERVIEW & RANKINGS
FINANCE REQUIRES EFFECTIVE EDUCATION INC is a based in NEWARK, NJ, focused on Human Services - Multipurpose and Other causes , specifically Financial Counseling, Money Management. Established in May 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,836,490 among 2,656,690 nonprofits nationally (Top 70%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 49,078 out of 72,131 organizations in NJ (Top 69%).
In essex county, NJ, the organization ranks 2,574 out of 7,742 nonprofits by assets (Top 33%), while locally in newark, it stands at 1,243 among 2,319 organizations (Top 54%).
The organization reported no revenue in the most recent filing period, placing it at 713,727 nationally and 37,688 in NJ.
Within its specific NTEE classification (P51 - P: Human Services - Multipurpose and Other), which includes 1,518 similar organizations, FINANCE REQUIRES EFFECTIVE EDUCATION INC ranks 985 in assets (Top 65%) and 941 in revenue (Top 62%).
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.
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
P: Human Services - Multipurpose and Other
NTEE CODE
P51: Financial Counseling, Money Management
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
05/2020
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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