MISSION
The Modern Black Inventors Fund assists underrepresented youth to pursue all types of education by providing mentor-ship, internships, monetary support to secure travel, equipment, tuition, etc so that they experience working in Professional fields.
DEMOGRAPHIC
ADDRESS
7 SWEET CLOVER RD
10930
COUNTY
orange county, NY
ORGANIZATIONAL OVERVIEW & RANKINGS
MODERN BLACK INVENTORS FUND is a based in HIGLAND MILLS, NY, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in May 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,667,840 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 74,426 out of 159,053 organizations in NY (Top 47%).
In orange county, NY, the organization ranks 1,534 out of 2,858 nonprofits by assets (Top 53%), while locally in higland mills, it stands at 1 among 1 organizations (Top 1%).
The organization reported no revenue in the most recent filing period, placing it at 913,358 nationally and 89,570 in NY.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, MODERN BLACK INVENTORS FUND ranks 18,592 in assets (Top 50%) and 13,004 in revenue (Top 35%).
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2020
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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