NEWAY WORKS INC
MOUNT CLEMENS,
Michigan,
48043
EIN: 85-3162312
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
75 N MAIN ST # 3
48043
COUNTY
macomb county, MI
ORGANIZATIONAL OVERVIEW & RANKINGS
NEWAY WORKS INC is a based in MOUNT CLEMENS, MI, focused on Educational Institutions and Related Activities causes , specifically Student Services, Organizations of Students. Established in January 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $37,578.00, this ranks 603,125 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,719 out of 79,991 organizations in MI (Top 21%).
In macomb county, MI, the organization ranks 720 out of 4,303 nonprofits by assets (Top 17%), while locally in mount clemens, it stands at 50 among 172 organizations (Top 25%).
The organization reported annual revenue of $89,290.00, ranking 412,104 nationally (Top 16%) and 11,453 in MI (Top 15%).
Within its specific NTEE classification (B80 - B: Educational Institutions and Related Activities), which includes 6,969 similar organizations, NEWAY WORKS INC ranks 980 in assets (Top 14%) and 833 in revenue (Top 12%).
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
B: Educational Institutions and Related Activities
NTEE CODE
B80: Student Services, Organizations of Students
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$133,898.00
FORM 990 REVENUE AMOUNT
$89,290.00
RULING DATE
01/2022
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$37,578.00
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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