Raising money by organizing an annual holiday basketball tournament to fund the Ralph Catuogno Memorial Scholarship which annually awards college scholarships to graduating senior basketball players.
FORM 1023-EZ for RIBOA SCHOLARSHIP FUND AND CHARITABLE FOUNDATION CORP
RIBOA SCHOLARSHIP FUND AND CHARITABLE FOUNDATION CORP is a based in CRANSTON, RI, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in March 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,421,764 among 2,656,690 nonprofits nationally (Top 92%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 8,551 out of 9,151 organizations in RI (Top 94%).
In providence county, RI, the organization ranks 4,369 out of 5,226 nonprofits by assets (Top 84%), while locally in cranston, it stands at 448 among 525 organizations (Top 85%).
The organization reported no revenue in the most recent filing period, placing it at 2,157,035 nationally and 8,429 in RI.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, RIBOA SCHOLARSHIP FUND AND CHARITABLE FOUNDATION CORP ranks 30,771 in assets (Top 97%) and 27,751 in revenue (Top 87%).
Note: This organization's tax-exempt status was temporarily revoked on November 15, 2020 .
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.
IRS STATEMENT:
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mean the organization is currently revoked, as they may have been reinstated."
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