Advertisement
10x Your Donation's Impact!

DEMOGRAPHIC

ADDRESS
111 FRANKLIN ST
02151
COUNTY
suffolk county, MA
IN CARE OF NAME
ELDEN LAINEZ

ORGANIZATIONAL OVERVIEW & RANKINGS

LAINEZ FOUNDATION is a based in REVERE, MA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Operating Foundations. Established in February 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,485,354 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 49,388 out of 58,562 organizations in MA (Top 85%).

In suffolk county, MA, the organization ranks 8,803 out of 8,887 nonprofits by assets (Top 100%), while locally in revere, it stands at 111 among 149 organizations (Top 62%).

The organization reported no revenue in the most recent filing period, placing it at 2,220,625 nationally and 49,612 in MA.

Within its specific NTEE classification (T23 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,678 similar organizations, LAINEZ FOUNDATION ranks 2,506 in assets (Top 94%) and 2,506 in revenue (Top 94%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .

The organization files a 990 - Not required to file(all other) 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
T23: Private Operating Foundations
FOUNDATION CODE
N/A
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.

Data current as of Apr. 2024
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2022
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.

Recently Saved Organizations

Click on the save icon from a search results or organization page.