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DEMOGRAPHIC

ADDRESS
5743 CORSA AVE STE 213
91362
COUNTY
ventura county, CA
IN CARE OF NAME
J DAN LANG

ORGANIZATIONAL OVERVIEW & RANKINGS

LEARNED-PRESTON FOUNDATION is a based in WESTLAKE VLG, CA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in June 2001, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,089,446.00, this ranks 147,619 among 2,656,690 nonprofits nationally (Top 6%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 15,419 out of 275,729 organizations in CA (Top 6%).

In ventura county, CA, the organization ranks 253 out of 5,642 nonprofits by assets (Top 5%), while locally in westlake vlg, it stands at 28 among 378 organizations (Top 7%).

The organization reported no revenue in the most recent filing period, placing it at 1,934,365 nationally and 191,032 in CA.

Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, LEARNED-PRESTON FOUNDATION ranks 5,952 in assets (Top 24%) and 5,135 in revenue (Top 20%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .

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
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;

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 May. 2020
TAX PERIOD
12/2016
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$233,740.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2001
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$2,089,446.00
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.

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