LED BY TRUTH
MINNEAPOLIS,
Minnesota,
55412
EIN: 86-1790541
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
To aide Black, Indigenous and People of Color (BIPOC) entrepreneurs in achieving the capabilities to thrive within the community they serve. Led by TRUTH provides a grant & mentorship program for BIPOC entrepreneurs, as well as consulting services
DEMOGRAPHIC
ADDRESS
3601 GIRARD AVE N
55412
COUNTY
hennepin county, MN
IN CARE OF NAME
ANGEL EVEN
ORGANIZATIONAL OVERVIEW & RANKINGS
LED BY TRUTH is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in May 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $33,807.00, this ranks 612,837 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 13,904 out of 53,624 organizations in MN (Top 26%).
In hennepin county, MN, the organization ranks 4,065 out of 13,125 nonprofits by assets (Top 31%), while locally in minneapolis, it stands at 2,193 among 6,505 organizations (Top 34%).
The organization reported annual revenue of $126,227.00, ranking 356,985 nationally (Top 14%) and 8,563 in MN (Top 16%).
Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, LED BY TRUTH ranks 5,285 in assets (Top 30%) and 2,781 in revenue (Top 16%).
The organization files a 990 (all other) or 990EZ return 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
T30: Public Foundations
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
4: $100,000 to $499,999
INCOME AMOUNT
$126,227.00
FORM 990 REVENUE AMOUNT
$126,227.00
RULING DATE
05/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$33,807.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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