PROMAC FOUNDATION INC
DESTIN,
Florida,
32541
EIN: 86-1463621
Community Improvement, Capacity Building
MISSION
Providing resources and support for individuals interested in the martial arts as well as promoting small businesses within the community.
DEMOGRAPHIC
ADDRESS
4014 COMMONS DR W STE 118
32541
COUNTY
okaloosa county, FL
ORGANIZATIONAL OVERVIEW & RANKINGS
PROMAC FOUNDATION INC is a based in DESTIN, FL, focused on Community Improvement, Capacity Building causes , specifically Promotion of Business. Established in September 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,577,951 among 2,656,690 nonprofits nationally (Top 98%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 137,512 out of 155,377 organizations in FL (Top 89%).
In okaloosa county, FL, the organization ranks 1,138 out of 1,486 nonprofits by assets (Top 76%), while locally in destin, it stands at 172 among 207 organizations (Top 83%).
The organization reported no revenue in the most recent filing period, placing it at 2,028,399 nationally and 106,526 in FL.
Within its specific NTEE classification (S41 - S: Community Improvement, Capacity Building), which includes 21,510 similar organizations, PROMAC FOUNDATION INC ranks 20,700 in assets (Top 97%) and 20,685 in revenue (Top 97%).
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
S: Community Improvement, Capacity Building
NTEE CODE
S41: Promotion of Business
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
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.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2021
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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