MISSION
To implement new and support existing initiatives that help individuals and families obtain access to affordable, high-quality education and healthcare; and/or to become economically self-sufficient.
DEMOGRAPHIC
ADDRESS
18507 LACEWING PL
20832
COUNTY
montgomery county, MD
IN CARE OF NAME
LASANTRA M LEDET
ORGANIZATIONAL OVERVIEW & RANKINGS
L & G FOUNDATION INC is a based in OLNEY, MD, focused on Human Services - Multipurpose and Other causes , specifically Human Service Organizations - Multipurpose. Established in January 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,205,449 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 22,871 out of 58,073 organizations in MD (Top 40%).
In montgomery county, MD, the organization ranks 8,181 out of 10,971 nonprofits by assets (Top 75%), while locally in olney, it stands at 73 among 215 organizations (Top 29%).
The organization reported no revenue in the most recent filing period, placing it at 1,079,987 nationally and 17,875 in MD.
Within its specific NTEE classification (P20 - P: Human Services - Multipurpose and Other), which includes 71,663 similar organizations, L & G FOUNDATION INC ranks 52,030 in assets (Top 73%) and 29,727 in revenue (Top 42%).
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
P: Human Services - Multipurpose and Other
NTEE CODE
P20: Human Service Organizations - Multipurpose
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
01/2020
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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