MISSION
The Generational Wealth Foundation Inc is an organization focused on fostering generational wealth principles amongst diverse youth, driving minority wealth accumulation and reducing the racial wealth gap
DEMOGRAPHIC
ADDRESS
3930 PEACHTREE RD NE APT 613
30319
COUNTY
dekalb county, GA
ORGANIZATIONAL OVERVIEW & RANKINGS
GENERATIONAL WEALTH FOUNDATION is a based in BROOKHAVEN, GA, focused on Youth Development causes , specifically Youth Development - Business. Established in August 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,084,446 among 2,656,690 nonprofits nationally (Top 41%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 30,347 out of 84,731 organizations in GA (Top 36%).
In dekalb county, GA, the organization ranks 5,041 out of 7,990 nonprofits by assets (Top 64%), while locally in brookhaven, it stands at 111 among 260 organizations (Top 37%).
The organization reported no revenue in the most recent filing period, placing it at 1,767,938 nationally and 34,643 in GA.
Within its specific NTEE classification (O53 - O: Youth Development), which includes 1,110 similar organizations, GENERATIONAL WEALTH FOUNDATION ranks 701 in assets (Top 63%) and 678 in revenue (Top 61%).
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
O: Youth Development
NTEE CODE
O53: Youth Development - Business
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2018
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.
