MISSION
The purpose of the organization is to mentor athletes through education and life skills so they are prepared for life after sports.
DEMOGRAPHIC
ADDRESS
3235 NAVAJO DR
37411
COUNTY
hamilton county, TN
ORGANIZATIONAL OVERVIEW & RANKINGS
LAB FOUNDATION is a based in CHATTANOOGA, TN, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,579,764 among 2,656,690 nonprofits nationally (Top 98%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 36,998 out of 52,500 organizations in TN (Top 71%).
In hamilton county, TN, the organization ranks 2,744 out of 3,031 nonprofits by assets (Top 91%), while locally in chattanooga, it stands at 1,649 among 2,096 organizations (Top 79%).
The organization reported no revenue in the most recent filing period, placing it at 2,041,309 nationally and 49,538 in TN.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, LAB FOUNDATION ranks 29,775 in assets (Top 80%) and 29,328 in revenue (Top 79%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
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.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2021
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
