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MISSION

To encourage education by awarding tuition assistance for all levels of academia academy, technical trade programs, undergraduate degrees) for the descendants of Joyce and Ernest Daniels and any eligible applicant approved by the Board of Directors

 FORM 1023-EZ for JERNIE EDUCATION FUND INC

DEMOGRAPHIC

ADDRESS
236 STONELEIGH DR
28311
COUNTY
cumberland county, NC
IN CARE OF NAME
GAYLE DANIELS

ORGANIZATIONAL OVERVIEW & RANKINGS

JERNIE EDUCATION FUND INC is a based in FAYETTEVILLE, NC, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in September 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,212,477 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 26,334 out of 80,207 organizations in NC (Top 33%).

In cumberland county, NC, the organization ranks 537 out of 2,304 nonprofits by assets (Top 24%), while locally in fayetteville, it stands at 414 among 1,809 organizations (Top 23%).

The organization reported no revenue in the most recent filing period, placing it at 1,096,315 nationally and 31,355 in NC.

Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, JERNIE EDUCATION FUND INC ranks 4,060 in assets (Top 36%) and 6,903 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
B: Educational Institutions and Related Activities
NTEE CODE
B12: Fund Raising and/or Fund Distribution
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
09/2021
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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