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NERO AND RACHEL KORNEGAY SCHOLARSHIP FUND

KINSTON, North Carolina, 28501

EIN: 47-4402376

Educational Institutions and Related Activities

MISSION

DEMOGRAPHIC

ADDRESS
1901 QUEENS RD
28501
COUNTY
lenoir county, NC
IN CARE OF NAME
LATOYA CROWE

ORGANIZATIONAL OVERVIEW & RANKINGS

NERO AND RACHEL KORNEGAY SCHOLARSHIP FUND is a based in KINSTON, NC, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in June 2017, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,178,943 among 2,656,690 nonprofits nationally (Top 45%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 37,267 out of 80,207 organizations in NC (Top 47%).

In lenoir county, NC, the organization ranks 198 out of 472 nonprofits by assets (Top 40%), while locally in kinston, it stands at 173 among 361 organizations (Top 44%).

The organization reported no revenue in the most recent filing period, placing it at 1,039,718 nationally and 20,870 in NC.

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, NERO AND RACHEL KORNEGAY SCHOLARSHIP FUND ranks 24,809 in assets (Top 78%) and 19,423 in revenue (Top 61%).

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
5: Association
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
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2017
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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