FOUNDERS OF SCHOLARSHIPS INC
BRONX,
New York,
10457
EIN: 84-1771529
Educational Institutions and Related Activities
MISSION
The Mission of the Founders of Scholarships, Inc. is to provide financial assistant to qualifying graduates from the Bronx High School for Medical Science. The qualifying candidates will be selected form a pool of candidates that submit their applica
DEMOGRAPHIC
ADDRESS
240 EAST 172 STREET 377
10457
COUNTY
bronx county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
FOUNDERS OF SCHOLARSHIPS INC is a based in BRONX, NY, focused on Educational Institutions and Related Activities causes , specifically Single Organization Support. Established in June 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,551,704 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 156,451 out of 159,053 organizations in NY (Top 99%).
In bronx county, NY, the organization ranks 3,176 out of 5,297 nonprofits by assets (Top 60%), while locally in bronx, it stands at 5,007 among 5,203 organizations (Top 97%).
The organization reported no revenue in the most recent filing period, placing it at 2,002,152 nationally and 136,324 in NY.
Within its specific NTEE classification (B11 - B: Educational Institutions and Related Activities), which includes 16,737 similar organizations, FOUNDERS OF SCHOLARSHIPS INC ranks 16,163 in assets (Top 97%) and 16,001 in revenue (Top 96%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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
B: Educational Institutions and Related Activities
NTEE CODE
B11: Single Organization Support
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: Sunday, May 15, 2022;
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
06/2020
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.