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IT ONLY TAKES 1 FOUNDATION

NOGALES, Arizona, 85621

EIN: 84-4254034

Educational Institutions and Related Activities

MISSION

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.

 FORM 1023-EZ for IT ONLY TAKES 1 FOUNDATION

ITONLYTAKES1FOUNDATION.COM

DEMOGRAPHIC

ADDRESS
515 W CRAWFORD ST
85621
COUNTY
santa cruz county, AZ
IN CARE OF NAME
MANUEL FELIX

ORGANIZATIONAL OVERVIEW & RANKINGS

IT 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.

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
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;

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. 2023
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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