The character of affairs for which the corporation is organized is the creation and maintenance of a scholarship account to support public and private schools in Santa Cruz County, Arizona, catering to IT related fields/careers.
ITONLYTAKES1FOUNDATION.COMIT ONLY TAKES 1 FOUNDATION is a based in NOGALES, AZ, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,534,959 among 2,656,690 nonprofits nationally (Top 96%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 35,253 out of 42,827 organizations in AZ (Top 83%).
In santa cruz county, AZ, the organization ranks 301 out of 354 nonprofits by assets (Top 83%), while locally in nogales, it stands at 128 among 139 organizations (Top 89%).
The organization reported no revenue in the most recent filing period, placing it at 2,011,300 nationally and 37,846 in AZ.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, IT ONLY TAKES 1 FOUNDATION ranks 29,620 in assets (Top 93%) and 31,474 in revenue (Top 99%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year. Additional information can be found at ITONLYTAKES1FOUNDATION.COM.
IRS STATEMENT:
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mean the organization is currently revoked, as they may have been reinstated."
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