MAB FOUNDATION
MONROE,
North Carolina,
28112
EIN: 86-2603639
Educational Institutions and Related Activities
MISSION
The MAB Foundation provides charitable contributions to students of Union County Public Schools Cosmetic Arts and Sciences through scholarship and award programs designed to support graduates' transition from student to cosmetology professional.
DEMOGRAPHIC
ADDRESS
4405 WOLF POND RD
28112
COUNTY
union county, NC
IN CARE OF NAME
DANNY MCMANUS
ORGANIZATIONAL OVERVIEW & RANKINGS
MAB FOUNDATION is a based in MONROE, NC, focused on Educational Institutions and Related Activities causes , specifically Vocational, Technical Schools. 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 1,201,485 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 27,045 out of 80,207 organizations in NC (Top 34%).
In union county, NC, the organization ranks 602 out of 1,471 nonprofits by assets (Top 41%), while locally in monroe, it stands at 152 among 490 organizations (Top 31%).
The organization reported no revenue in the most recent filing period, placing it at 1,083,031 nationally and 22,306 in NC.
Within its specific NTEE classification (B30 - B: Educational Institutions and Related Activities), which includes 1,757 similar organizations, MAB FOUNDATION ranks 856 in assets (Top 48%) and 819 in revenue (Top 46%).
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
B: Educational Institutions and Related Activities
NTEE CODE
B30: Vocational, Technical Schools
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
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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