MISSION
The mission of the Corporation shall be to assist, enhance, encourage and support the physical, intellectual, educational, artistic, economical and cultural experience, development and success of children and young adults of color; to receive, invest
MODERNSCHOLARS.ORGDEMOGRAPHIC
ADDRESS
5327 OLANO ST
34221
COUNTY
manatee county, FL
ORGANIZATIONAL OVERVIEW & RANKINGS
MODERN SCHOLARS INCORPORATED is a based in PALMETTO, FL, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in July 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,031,805 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 74,070 out of 155,377 organizations in FL (Top 48%).
In manatee county, FL, the organization ranks 1,193 out of 2,652 nonprofits by assets (Top 45%), while locally in palmetto, it stands at 127 among 271 organizations (Top 43%).
The organization reported no revenue in the most recent filing period, placing it at 1,338,966 nationally and 67,637 in FL.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, MODERN SCHOLARS INCORPORATED ranks 10,562 in assets (Top 29%) and 20,464 in revenue (Top 55%).
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. Additional information can be found at MODERNSCHOLARS.ORG.
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
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
07/2021
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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