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MISSION

The organization will provide financial scholarships to women in unpaid internships who, without financial assistance, would not be able to accept the position. The organization will provide professional development activities for all recipients.

 FORM 1023-EZ for POWER OF PAY

DEMOGRAPHIC

ADDRESS
2231 10TH ST NW
20001
COUNTY
district of columbia county, DC
IN CARE OF NAME
JULIA BARFIELD

ORGANIZATIONAL OVERVIEW & RANKINGS

POWER OF PAY is a based in WASHINGTON, DC, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in November 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,822,825 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 12,641 out of 21,233 organizations in DC (Top 60%).

In district of columbia county, DC, the organization ranks 12,365 out of 21,142 nonprofits by assets (Top 59%), while locally in washington, it stands at 12,612 among 21,053 organizations (Top 60%).

The organization reported no revenue in the most recent filing period, placing it at 776,912 nationally and 14,820 in DC.

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, POWER OF PAY ranks 22,122 in assets (Top 70%) and 15,787 in revenue (Top 50%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .

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
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, May 15, 2024;

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.

Data current as of Apr. 2024
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2019
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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