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MONARCH ECONOMIC DEVELOPMENT

BAKERSFIELD, California, 93301

EIN: 93-2457151

Community Improvement, Capacity Building

DEMOGRAPHIC

ADDRESS
1522 18TH ST STE 314
93301
COUNTY
kern county, CA

ORGANIZATIONAL OVERVIEW & RANKINGS

MONARCH ECONOMIC DEVELOPMENT is a based in BAKERSFIELD, CA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in August 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,790,368 among 2,656,690 nonprofits nationally (Top 68%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 123,647 out of 275,729 organizations in CA (Top 45%).

In kern county, CA, the organization ranks 2,193 out of 4,391 nonprofits by assets (Top 50%), while locally in bakersfield, it stands at 1,011 among 2,747 organizations (Top 37%).

The organization reported no revenue in the most recent filing period, placing it at 742,380 nationally and 88,628 in CA.

Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, MONARCH ECONOMIC DEVELOPMENT ranks 4,116 in assets (Top 84%) and 4,058 in revenue (Top 83%).

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
S: Community Improvement, Capacity Building
NTEE CODE
S30: Economic Development
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
08/2023
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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