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Greater Impact!

MISSION

Our mission is to raise awareness and cease exploitation of victims of predatory loans. We aim to stabilize their households by settling their debts and giving them a fresh start through crowdfunding.

 FORM 1023-EZ for JUGNI FOUNDATION INC

DEMOGRAPHIC

ADDRESS
837 AVENUE Z
11235
COUNTY
kings county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

JUGNI FOUNDATION INC is a based in BROOKLYN, NY, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising Organizations That Cross Categories. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,662,414 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 69,344 out of 159,053 organizations in NY (Top 44%).

In kings county, NY, the organization ranks 6,601 out of 18,995 nonprofits by assets (Top 35%), while locally in brooklyn, it stands at 6,533 among 18,866 organizations (Top 35%).

The organization reported annual revenue of $11,323.00, ranking 585,327 nationally (Top 23%) and 41,337 in NY (Top 26%).

Within its specific NTEE classification (T70 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,160 similar organizations, JUGNI FOUNDATION INC ranks 1,138 in assets (Top 52%) and 697 in revenue (Top 32%).

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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T70: Fund Raising Organizations That Cross Categories
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$11,323.00
FORM 990 REVENUE AMOUNT
$11,323.00
RULING DATE
12/2021
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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