MICHAEL TAIWO SCHOLARSHIPS
LAKE ELSINORE,
California,
92532
EIN: 88-1437535
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
45 VOLTA DEL TINTORI ST
92532
COUNTY
riverside county, CA
IN CARE OF NAME
OLUWAFEMI MICHAEL TAIWO
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL TAIWO SCHOLARSHIPS is a based in LAKE ELSINORE, CA, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in July 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $12,870.00, this ranks 680,997 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 73,378 out of 275,729 organizations in CA (Top 27%).
In riverside county, CA, the organization ranks 2,296 out of 12,359 nonprofits by assets (Top 19%), while locally in lake elsinore, it stands at 46 among 351 organizations (Top 12%).
The organization reported annual revenue of $47,602.00, ranking 503,030 nationally (Top 19%) and 55,751 in CA (Top 21%).
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, MICHAEL TAIWO SCHOLARSHIPS ranks 9,333 in assets (Top 30%) and 4,021 in revenue (Top 13%).
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
B82: Scholarships, Student Financial Aid Services, Awards
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
3: $25,000 to $99,999
INCOME AMOUNT
$47,602.00
FORM 990 REVENUE AMOUNT
$47,602.00
RULING DATE
07/2022
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$12,870.00
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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