DEMOGRAPHIC
ADDRESS
2020 PONCE DE LEON BLVD STE 1103
33134
COUNTY
miami dade county, FL
IN CARE OF NAME
L FELICE GORORDO
DBA NAME(S)
Raices de Esperanza Roots of Hope
ORGANIZATIONAL OVERVIEW & RANKINGS
RAICES DE ESPERANZA INC is a based in CORAL GABLES, FL, focused on Youth Development causes , specifically Youth Development N.E.C.. Established in September 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $7,264.00, this ranks 708,547 among 2,656,690 nonprofits nationally (Top 27%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 35,796 out of 155,377 organizations in FL (Top 24%).
In miami dade county, FL, the organization ranks 3,977 out of 17,253 nonprofits by assets (Top 23%), while locally in coral gables, it stands at 361 among 995 organizations (Top 37%).
The organization reported annual revenue of $45,025.00, ranking 508,612 nationally (Top 20%) and 24,234 in FL (Top 16%).
Within its specific NTEE classification (O99 - O: Youth Development), which includes 4,624 similar organizations, RAICES DE ESPERANZA INC ranks 762 in assets (Top 17%) and 648 in revenue (Top 14%).
Note: This organization's tax-exempt status was temporarily revoked on November 15, 2019 and was reinstated on November 15, 2019 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a May 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
O99: Youth Development N.E.C.
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
Revoked: Friday, November 15, 2019;
Reinstated: Friday, November 15, 2019
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$45,025.00
FORM 990 REVENUE AMOUNT
$45,025.00
RULING DATE
09/2021
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$7,264.00
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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