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PENNYS DREAM

CHARLOTTE, North Carolina, 28217

EIN: 87-1549095

MISSION

Penny's Dream is geared towards youth empowerment and community outreach. Penny's Dream encourages and motivates youth to get more involved and give back to our community and promotes personal empowerment.

 FORM 1023-EZ for PENNYS DREAM

DEMOGRAPHIC

ADDRESS
5306 ACADIA HEIGHTS DR APT 4512
28217
COUNTY
mecklenburg county, NC
IN CARE OF NAME
COREY LEE

ORGANIZATIONAL OVERVIEW & RANKINGS

PENNYS DREAM is a based in CHARLOTTE, NC . Established in October 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 906,904 among 2,656,690 nonprofits nationally (Top 35%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 27,153 out of 80,207 organizations in NC (Top 34%).

In mecklenburg county, NC, the organization ranks 5,103 out of 10,149 nonprofits by assets (Top 51%), while locally in charlotte, it stands at 5,225 among 8,464 organizations (Top 62%).

The organization reported no revenue in the most recent filing period, placing it at 1,630,782 nationally and 22,414 in NC.

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, PENNYS DREAM ranks 228,241 in assets (Top 30%) and 196,637 in revenue (Top 26%).

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
N/A
NTEE CODE
N/A
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
10/2021
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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