MISSION
FOL Foundation, Inc. mission is to provide positive youth development programs in Shreveport, LA which include mentoring, tutoring and fitness in order to improve the quality of life of the underserved population.
DEMOGRAPHIC
ADDRESS
122 SUZANNE DR
71115
COUNTY
caddo county, LA
ORGANIZATIONAL OVERVIEW & RANKINGS
FOL FOUNDATION is a based in SHREVEPORT, LA, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in March 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,546,568 among 2,656,690 nonprofits nationally (Top 96%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 28,611 out of 33,837 organizations in LA (Top 85%).
In caddo county, LA, the organization ranks 2,145 out of 2,219 nonprofits by assets (Top 97%), while locally in shreveport, it stands at 1,581 among 2,046 organizations (Top 77%).
The organization reported no revenue in the most recent filing period, placing it at 2,019,210 nationally and 32,103 in LA.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, FOL FOUNDATION ranks 31,297 in assets (Top 84%) and 36,243 in revenue (Top 97%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
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
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2021
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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