PROGENY START UPS INC
MEMPHIS,
Tennessee,
38118
EIN: 83-4655178
Community Improvement, Capacity Building
MISSION
The mission of Progeny Startups, Inc is to build equity within underserved neighborhoods through the development of Women and Minority Owned Businesses
DEMOGRAPHIC
ADDRESS
4945 AMERICAN WAY STE 4
38118
COUNTY
shelby county, TN
IN CARE OF NAME
LORI EDWARDS
ORGANIZATIONAL OVERVIEW & RANKINGS
PROGENY START UPS INC is a based in MEMPHIS, TN, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in September 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $21,744.00, this ranks 648,256 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 10,847 out of 52,500 organizations in TN (Top 21%).
In shelby county, TN, the organization ranks 1,654 out of 12,814 nonprofits by assets (Top 13%), while locally in memphis, it stands at 1,207 among 10,368 organizations (Top 12%).
The organization reported annual revenue of $273,589.00, ranking 248,603 nationally (Top 10%) and 4,566 in TN (Top 9%).
Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, PROGENY START UPS INC ranks 3,519 in assets (Top 18%) and 1,385 in revenue (Top 7%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 and was reinstated on May 15, 2022 .
The organization files a 990 (all other) or 990EZ return 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
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
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
Revoked: Sunday, May 15, 2022;
Reinstated: Sunday, May 15, 2022
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$273,589.00
FORM 990 REVENUE AMOUNT
$273,589.00
RULING DATE
09/2022
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$21,744.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
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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