MARTINSVILLE SEVEN INITIATIVE INC
MARTINSVILLE,
Virginia,
24112
EIN: 85-1752883
Public, Society Benefit - Multipurpose and Other
MISSION
To become an organization that will challenge and attempt to rectify injustices for people. It is the intention to hold classes and forums to educate the public on their options and be available to assist them with their needs.
DEMOGRAPHIC
ADDRESS
106 FAYETTE ST
24112
COUNTY
martinsville city county, VA
IN CARE OF NAME
CORDELIA HOLLAND
ORGANIZATIONAL OVERVIEW & RANKINGS
MARTINSVILLE SEVEN INITIATIVE INC is a based in MARTINSVILLE, VA, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Alliance/Advocacy Organizations. Established in September 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $411.00, this ranks 772,444 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 20,187 out of 73,265 organizations in VA (Top 28%).
In martinsville city county, VA, the organization ranks 87 out of 272 nonprofits by assets (Top 29%), while locally in martinsville, it stands at 87 among 271 organizations (Top 29%).
The organization reported annual revenue of $10,325.00, ranking 588,137 nationally (Top 23%) and 16,317 in VA (Top 23%).
Within its specific NTEE classification (W01 - W: Public, Society Benefit - Multipurpose and Other), which includes 1,862 similar organizations, MARTINSVILLE SEVEN INITIATIVE INC ranks 347 in assets (Top 19%) and 268 in revenue (Top 15%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 and was reinstated on May 15, 2023 .
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
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W01: Alliance/Advocacy Organizations
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
Revoked: Monday, May 15, 2023;
Reinstated: Monday, May 15, 2023
TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$10,325.00
FORM 990 REVENUE AMOUNT
$10,325.00
RULING DATE
09/2023
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$411.00
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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