DEMOGRAPHIC
ADDRESS
1824 BENSON AVE 1ST FL
11214
COUNTY
kings county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
LID FOUNDATION INC is a based in BROOKLYN, NY, focused on Arts, Culture and Humanities causes , specifically Cultural, Ethnic Awareness. Established in March 2009, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $90,212.00, this ranks 507,419 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 39,464 out of 159,053 organizations in NY (Top 25%).
In kings county, NY, the organization ranks 3,243 out of 18,995 nonprofits by assets (Top 18%), while locally in brooklyn, it stands at 3,232 among 18,866 organizations (Top 18%).
The organization reported annual revenue of $23,355.00, ranking 555,834 nationally (Top 21%) and 39,067 in NY (Top 25%).
Within its specific NTEE classification (A23 - A: Arts, Culture and Humanities), which includes 12,629 similar organizations, LID FOUNDATION INC ranks 1,288 in assets (Top 11%) and 2,090 in revenue (Top 17%).
Note: This organization's tax-exempt status was temporarily revoked on August 15, 2021 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a February 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
A: Arts, Culture and Humanities
NTEE CODE
A23: Cultural, Ethnic Awareness
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: Sunday, August 15, 2021;
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
03/2018
ACCOUNTING PERIOD
03
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$23,355.00
FORM 990 REVENUE AMOUNT
$23,355.00
RULING DATE
03/2009
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$90,212.00
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.
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