NEW MAJORITY CAPITAL FOUNDATION INC
WAKEFIELD,
Massachusetts,
01880
EIN: 88-2922788
Employment, Job-Related
DEMOGRAPHIC
ADDRESS
24 ROSEMARY AVE
01880
COUNTY
middlesex county, MA
ORGANIZATIONAL OVERVIEW & RANKINGS
NEW MAJORITY CAPITAL FOUNDATION INC is a based in WAKEFIELD, MA, focused on Employment, Job-Related causes , specifically Management & Technical Assistance. Established in February 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $956,877.00, this ranks 219,350 among 2,656,690 nonprofits nationally (Top 9%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 7,628 out of 58,562 organizations in MA (Top 14%).
In middlesex county, MA, the organization ranks 1,742 out of 14,370 nonprofits by assets (Top 13%), while locally in wakefield, it stands at 33 among 281 organizations (Top 11%).
The organization reported annual revenue of $1,529,464.00, ranking 99,292 nationally (Top 4%) and 3,357 in MA (Top 6%).
Within its specific NTEE classification (J02 - J: Employment, Job-Related), which includes 176 similar organizations, NEW MAJORITY CAPITAL FOUNDATION INC ranks 8 in assets (Top 4%) and 7 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return 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
J: Employment, Job-Related
NTEE CODE
J02: Management & Technical Assistance
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
6: $1,000,000 to $4,999,999
INCOME AMOUNT
$1,529,464.00
FORM 990 REVENUE AMOUNT
$1,529,464.00
RULING DATE
02/2023
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$956,877.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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