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LOONIS MCGLOHON ENDOWMENT INC

CHARLOTTE, North Carolina, 28278

EIN: 56-2332560

Religion-Related, Spiritual Development

MISSION

Keep the legacy of the music & muscianship of Loonis McGlohon through performance of his compositions, both secular and choral, introduction of new talent and support the music director position at Carmel Presbyterian Church in Charlotte, NC.

 FORM 1023-EZ for LOONIS MCGLOHON ENDOWMENT INC

DEMOGRAPHIC

ADDRESS
18223 ROCKABILL LN
28278
COUNTY
mecklenburg county, NC
IN CARE OF NAME
PHYLLIS S SILLS

ORGANIZATIONAL OVERVIEW & RANKINGS

LOONIS MCGLOHON ENDOWMENT INC is a based in CHARLOTTE, NC, focused on Religion-Related, Spiritual Development causes , specifically Single Organization Support. Established in November 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,134,086 among 2,656,690 nonprofits nationally (Top 43%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 41,737 out of 80,207 organizations in NC (Top 53%).

In mecklenburg county, NC, the organization ranks 6,171 out of 10,149 nonprofits by assets (Top 61%), while locally in charlotte, it stands at 3,719 among 8,464 organizations (Top 44%).

The organization reported no revenue in the most recent filing period, placing it at 1,700,908 nationally and 40,107 in NC.

Within its specific NTEE classification (X11 - X: Religion-Related, Spiritual Development), which includes 2,174 similar organizations, LOONIS MCGLOHON ENDOWMENT INC ranks 1,411 in assets (Top 65%) and 1,263 in revenue (Top 58%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on May 15, 2018 .

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
X: Religion-Related, Spiritual Development
NTEE CODE
X11: Single Organization Support
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 past revocation appears on the IRS revocation list
Revoked: Tuesday, May 15, 2018;
Reinstated: Tuesday, May 15, 2018
Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2018
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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