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OBASIANYI FOUNDATION INC

LAREDO, Texas, 78041

EIN: 47-5215074

Educational Institutions and Related Activities

MISSION

We provide scholarships for children from educationally disadvantaged communities in developing countries, assistance to their families and assisting with infrastructures for the communities and for the operation of educational facilities.

 FORM 1023-EZ for OBASIANYI FOUNDATION INC

DEMOGRAPHIC

ADDRESS
117 YELLOWSTONE LAKE DR
78041
COUNTY
webb county, TX
IN CARE OF NAME
WILFRED OBASI

ORGANIZATIONAL OVERVIEW & RANKINGS

OBASIANYI FOUNDATION INC is a based in LAREDO, TX, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in March 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,447,895 among 2,656,690 nonprofits nationally (Top 55%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 111,652 out of 202,022 organizations in TX (Top 56%).

In webb county, TX, the organization ranks 204 out of 677 nonprofits by assets (Top 30%), while locally in laredo, it stands at 189 among 663 organizations (Top 27%).

The organization reported no revenue in the most recent filing period, placing it at 1,361,798 nationally and 72,403 in TX.

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, OBASIANYI FOUNDATION INC ranks 23,713 in assets (Top 75%) and 18,329 in revenue (Top 58%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on May 15, 2018 .

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
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
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

Note: A past revocation appears on the IRS revocation list
Revoked: Tuesday, May 15, 2018;
Reinstated: Tuesday, May 15, 2018
Data current as of Oct. 2024
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2019
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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