MISSION
This corporation will endeavor to increase young adult employment levels in Louisville's impoverished neighborhoods by exposing them to culinary-related work and guiding them toward a career in the culinary industry through education and training.
DEMOGRAPHIC
ADDRESS
610 W MAGNOLIA AVE
40208
COUNTY
jefferson county, KY
IN CARE OF NAME
EDWARD LEE
ORGANIZATIONAL OVERVIEW & RANKINGS
LEE INITIATIVE INC is a based in LOUISVILLE, KY, focused on Employment, Job-Related causes , specifically Employment Procurement Assistance, Job Training. Established in March 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,531,565.00, this ranks 173,612 among 2,656,690 nonprofits nationally (Top 7%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 1,760 out of 31,364 organizations in KY (Top 6%).
In jefferson county, KY, the organization ranks 542 out of 6,698 nonprofits by assets (Top 9%), while locally in louisville, it stands at 522 among 6,340 organizations (Top 9%).
The organization reported annual revenue of $2,705,892.00, ranking 71,028 nationally (Top 3%) and 788 in KY (Top 3%).
Within its specific NTEE classification (J20 - J: Employment, Job-Related), which includes 3,177 similar organizations, LEE INITIATIVE INC ranks 171 in assets (Top 6%) and 152 in revenue (Top 5%).
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
J: Employment, Job-Related
NTEE CODE
J20: Employment Procurement Assistance, Job Training
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
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$2,733,653.00
FORM 990 REVENUE AMOUNT
$2,705,892.00
RULING DATE
03/2018
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,531,565.00
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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