MISSION
The purpose of Friends of Wells is to provide community outreach to help the struggling and small minority owned businesses located within the Wells Avenue corridor stay in business.
DEMOGRAPHIC
ADDRESS
PO BOX 7573
89510
COUNTY
washoe county, NV
IN CARE OF NAME
TOM STEWART
ORGANIZATIONAL OVERVIEW & RANKINGS
FRIENDS OF WELLS is a based in RENO, NV, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,025,521 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 10,034 out of 21,480 organizations in NV (Top 47%).
In washoe county, NV, the organization ranks 1,924 out of 3,479 nonprofits by assets (Top 55%), while locally in reno, it stands at 1,206 among 2,602 organizations (Top 47%).
The organization reported no revenue in the most recent filing period, placing it at 1,318,736 nationally and 5,768 in NV.
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, FRIENDS OF WELLS ranks 10,899 in assets (Top 55%) and 11,007 in revenue (Top 56%).
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
S20: Community, Neighborhood Development, Improvement (General)
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
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2021
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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