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Greater Impact!

MISSION

Our purpose is to provide grants to small businesses that have been affected by natural disasters, economic factors, and other areas outside of their control. We will also provide volunteer services for purposes of reconstruction or reestablishment.

 FORM 1023-EZ for LOCAL FIRST INITIATIVE

DEMOGRAPHIC

ADDRESS
15191 E BELMONT ST
32501
COUNTY
escambia county, FL
IN CARE OF NAME
JAMES WHITE

ORGANIZATIONAL OVERVIEW & RANKINGS

LOCAL FIRST INITIATIVE is a based in PENSACOLA, FL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Public Foundations. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 961,687 among 2,656,690 nonprofits nationally (Top 37%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 73,769 out of 155,377 organizations in FL (Top 48%).

In escambia county, FL, the organization ranks 975 out of 2,431 nonprofits by assets (Top 40%), while locally in pensacola, it stands at 1,196 among 2,083 organizations (Top 57%).

The organization reported no revenue in the most recent filing period, placing it at 1,238,863 nationally and 67,338 in FL.

Within its specific NTEE classification (T30 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 17,619 similar organizations, LOCAL FIRST INITIATIVE ranks 11,209 in assets (Top 64%) and 12,327 in revenue (Top 70%).

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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