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FOUNDERS IMPACT NEW ENTERPRISE

NEW YORK, New York, 10001

EIN: 85-4302409

Community Improvement, Capacity Building

MISSION

Transform undeserved communities via capital, education and technology.

 FORM 1023-EZ for FOUNDERS IMPACT NEW ENTERPRISE

DEMOGRAPHIC

ADDRESS
140 WEST 31ST STREET
10001
COUNTY
new york county, NY
IN CARE OF NAME
PAUL P MARTIN

ORGANIZATIONAL OVERVIEW & RANKINGS

FOUNDERS IMPACT NEW ENTERPRISE is a based in NEW YORK, NY, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,650,215 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 64,831 out of 159,053 organizations in NY (Top 41%).

In new york county, NY, the organization ranks 20,734 out of 28,878 nonprofits by assets (Top 72%), while locally in new york, it stands at 21,602 among 28,547 organizations (Top 76%).

The organization reported no revenue in the most recent filing period, placing it at 819,197 nationally and 55,655 in NY.

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, FOUNDERS IMPACT NEW ENTERPRISE ranks 3,140 in assets (Top 65%) and 3,102 in revenue (Top 64%).

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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
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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