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PROMISING A BETTER FUTURE FOUNDATION

BRONX, New York, 10455

EIN: 85-4336967

Health - General and Rehabilitative

MISSION

To provide a safe haven for homeless families, to impact and promote innovation, culture address awareness within the South Bronx communities. Provide life- changes and contribute lifelong learning, advanced knowledge, and strengthen our communities.

 FORM 1023-EZ for PROMISING A BETTER FUTURE FOUNDATION

NA

DEMOGRAPHIC

ADDRESS
680 TINTON AVE APT 7A
10455
COUNTY
bronx county, NY
IN CARE OF NAME
DAYANARA HERNANDEZ

ORGANIZATIONAL OVERVIEW & RANKINGS

PROMISING A BETTER FUTURE FOUNDATION is a based in BRONX, NY, focused on Health - General and Rehabilitative causes , specifically Public Health Program (Includes General Health and Wellness Promotion Services). 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 1,650,236 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 64,836 out of 159,053 organizations in NY (Top 41%).

In bronx county, NY, the organization ranks 2,106 out of 5,297 nonprofits by assets (Top 40%), while locally in bronx, it stands at 2,697 among 5,203 organizations (Top 52%).

The organization reported no revenue in the most recent filing period, placing it at 819,218 nationally and 55,660 in NY.

Within its specific NTEE classification (E70 - E: Health - General and Rehabilitative), which includes 8,354 similar organizations, PROMISING A BETTER FUTURE FOUNDATION ranks 4,491 in assets (Top 54%) and 3,859 in revenue (Top 46%).

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. Additional information can be found at NA.

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
E: Health - General and Rehabilitative
NTEE CODE
E70: Public Health Program (Includes General Health and Wellness Promotion Services)
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
12/2023
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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