MISSION
The Financial Shack Inc. is a mentorship and youth diversion program that serves youth, minority, and low-income populations. We educate our participants in accounting, finance, and technology.
DEMOGRAPHIC
ADDRESS
6013 RICKER RD
27610
COUNTY
wake county, NC
IN CARE OF NAME
JARELL MOTEN
ORGANIZATIONAL OVERVIEW & RANKINGS
FINANCIAL SHACK INC is a based in RALEIGH, NC, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,155,096 among 2,656,690 nonprofits nationally (Top 44%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 35,877 out of 80,207 organizations in NC (Top 45%).
In wake county, NC, the organization ranks 3,730 out of 10,332 nonprofits by assets (Top 36%), while locally in raleigh, it stands at 3,230 among 6,106 organizations (Top 53%).
The organization reported no revenue in the most recent filing period, placing it at 1,719,467 nationally and 30,569 in NC.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, FINANCIAL SHACK INC ranks 21,249 in assets (Top 57%) and 17,952 in revenue (Top 48%).
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
O50: Youth Development Programs, Other
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2018
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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