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MARIONS PROMISE CORPORATION

TORRANCE, California, 90505

EIN: 86-3970488

Educational Institutions and Related Activities

MISSION

Providing scholarship and mentoring to first-generation, low-income students so that they can graduate from college within four years.

 FORM 1023-EZ for MARIONS PROMISE CORPORATION

DEMOGRAPHIC

ADDRESS
3015 KASHIWA ST
90505
COUNTY
los angeles county, CA
IN CARE OF NAME
CHRISTA HU

ORGANIZATIONAL OVERVIEW & RANKINGS

MARIONS PROMISE CORPORATION is a based in TORRANCE, CA, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. 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 2,581,225 among 2,656,690 nonprofits nationally (Top 98%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 245,230 out of 275,729 organizations in CA (Top 89%).

In los angeles county, CA, the organization ranks 60,440 out of 71,287 nonprofits by assets (Top 85%), while locally in torrance, it stands at 1,320 among 1,483 organizations (Top 89%).

The organization reported no revenue in the most recent filing period, placing it at 2,042,770 nationally and 243,136 in CA.

Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, MARIONS PROMISE CORPORATION ranks 9,306 in assets (Top 81%) and 8,912 in revenue (Top 78%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .

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
B12: Fund Raising and/or Fund Distribution
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

Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;

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.

Data current as of Apr. 2024
TAX PERIOD
N/A
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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