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FUTURE ECONOMY COLLECTIVE LAGOON

VIRGINIA BCH, Virginia, 23462

EIN: 83-1665055

Community Improvement, Capacity Building

MISSION

1. To build communities by seeking out alternative forms of collaboration 2. To create spaces that promote collective growth, education, and liberation 3. To utilize our skills to support a future based in mutual aid

 FORM 1023-EZ for FUTURE ECONOMY COLLECTIVE LAGOON

DEMOGRAPHIC

ADDRESS
4445 CORPORATION LN STE 264
23462
COUNTY
virginia beach city county, VA
IN CARE OF NAME
MOLLY GRAHAM

ORGANIZATIONAL OVERVIEW & RANKINGS

FUTURE ECONOMY COLLECTIVE LAGOON is a based in VIRGINIA BCH, VA, focused on Community Improvement, Capacity Building causes , specifically Community Coalitions. Established in November 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $23,560.00, this ranks 642,330 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,881 out of 73,265 organizations in VA (Top 24%).

In virginia beach city county, VA, the organization ranks 586 out of 3,331 nonprofits by assets (Top 18%), while locally in virginia bch, it stands at 445 among 2,635 organizations (Top 17%).

The organization reported annual revenue of $69,467.00, ranking 451,501 nationally (Top 17%) and 12,740 in VA (Top 18%).

Within its specific NTEE classification (S21 - S: Community Improvement, Capacity Building), which includes 2,563 similar organizations, FUTURE ECONOMY COLLECTIVE LAGOON ranks 488 in assets (Top 19%) and 394 in revenue (Top 16%).

The organization files a 990 (all other) or 990EZ return and operates on a June 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
S21: Community Coalitions
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
07/2023
ACCOUNTING PERIOD
07
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$69,911.00
FORM 990 REVENUE AMOUNT
$69,467.00
RULING DATE
11/2018
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$23,560.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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