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DEMOGRAPHIC

ADDRESS
2524 NICOLLET AVE S
55404
COUNTY
hennepin county, MN
IN CARE OF NAME
DAVIS LAW OFFICE PLLC

ORGANIZATIONAL OVERVIEW & RANKINGS

PIMENTO FOUNDATION is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in January 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $113,658.00, this ranks 479,057 among 2,656,690 nonprofits nationally (Top 19%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 10,791 out of 53,624 organizations in MN (Top 21%).

In hennepin county, MN, the organization ranks 3,256 out of 13,125 nonprofits by assets (Top 25%), while locally in minneapolis, it stands at 1,788 among 6,505 organizations (Top 28%).

The organization reported annual revenue of $16,311.00, ranking 572,346 nationally (Top 22%) and 13,527 in MN (Top 26%).

Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, PIMENTO FOUNDATION ranks 998 in assets (Top 9%) and 1,399 in revenue (Top 13%).

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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
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
2: $10,000 to $24,999
INCOME AMOUNT
$16,311.00
FORM 990 REVENUE AMOUNT
$16,311.00
RULING DATE
01/2021
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$113,658.00
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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