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MISSION

1) to provide instruction in financial and investing aspects of non-profit organizations; 2) to provide facilities, equipment for participants to engage in expanding educational opportunities; 3) to provide opportunities for local causes

 FORM 1023-EZ for FUNDAFOLIO

WWW.FUNDAFOLIO.ORG

DEMOGRAPHIC

ADDRESS
2622 SOUTHERN BLVD STE 100
23452
COUNTY
virginia beach city county, VA
IN CARE OF NAME
WAYNE PEHRSON

ORGANIZATIONAL OVERVIEW & RANKINGS

FUNDAFOLIO is a based in VIRGINIA BCH, VA, focused on Human Services - Multipurpose and Other causes , specifically Financial Counseling, Money Management. Established in July 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,553,550 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 55,174 out of 73,265 organizations in VA (Top 76%).

In virginia beach city county, VA, the organization ranks 2,559 out of 3,331 nonprofits by assets (Top 77%), while locally in virginia bch, it stands at 2,431 among 2,635 organizations (Top 93%).

The organization reported no revenue in the most recent filing period, placing it at 2,015,095 nationally and 55,575 in VA.

Within its specific NTEE classification (P51 - P: Human Services - Multipurpose and Other), which includes 1,518 similar organizations, FUNDAFOLIO ranks 1,313 in assets (Top 87%) and 1,292 in revenue (Top 85%).

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. Additional information can be found at WWW.FUNDAFOLIO.ORG.

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
P: Human Services - Multipurpose and Other
NTEE CODE
P51: Financial Counseling, Money Management
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.

Data current as of Jul. 2022
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2019
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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