MISSION
Poverty Powerball empowers at-risk teens to break the cycle of poverty through providing workshops and mentorship programs.
DEMOGRAPHIC
ADDRESS
9671 WHITEHURST DR
75243
COUNTY
dallas county, TX
IN CARE OF NAME
DERRICH PHILLIPS
ORGANIZATIONAL OVERVIEW & RANKINGS
POVERTY POWERBALL is a based in DALLAS, TX, focused on Youth Development causes , specifically Youth Development - Business. Established in February 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,426,121 among 2,656,690 nonprofits nationally (Top 92%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 201,269 out of 202,022 organizations in TX (Top 100%).
In dallas county, TX, the organization ranks 24,242 out of 26,443 nonprofits by assets (Top 92%), while locally in dallas, it stands at 16,443 among 16,539 organizations (Top 100%).
The organization reported no revenue in the most recent filing period, placing it at 2,172,489 nationally and 162,768 in TX.
Within its specific NTEE classification (O53 - O: Youth Development), which includes 1,110 similar organizations, POVERTY POWERBALL ranks 1,007 in assets (Top 91%) and 1,007 in revenue (Top 91%).
Note: This organization's tax-exempt status was temporarily revoked on September 15, 2021 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a March 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
O: Youth Development
NTEE CODE
O53: Youth Development - Business
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
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, September 15, 2021;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
N/A
ACCOUNTING PERIOD
04
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2019
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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