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SALEM ACADEMY FOUNDATION

SALEM, Oregon, 97301

EIN: 23-7052987

Other school related activities
Gifts grants or loans to other organizations

DEMOGRAPHIC

ADDRESS
942 LANCASTER DR NE
97301
COUNTY
marion county, OR

ORGANIZATIONAL OVERVIEW & RANKINGS

SALEM ACADEMY FOUNDATION is a based in SALEM, OR . Established in February 1970, it operates as an independent trust and contributions to this organization are tax-deductible .

With total assets of $400,418.00, this ranks 320,447 among 2,656,690 nonprofits nationally (Top 13%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,440 out of 36,951 organizations in OR (Top 12%).

In marion county, OR, the organization ranks 334 out of 2,741 nonprofits by assets (Top 12%), while locally in salem, it stands at 245 among 1,896 organizations (Top 13%).

The organization reported annual revenue of $71,602.00, ranking 446,719 nationally (Top 17%) and 7,284 in OR (Top 20%).

Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, SALEM ACADEMY FOUNDATION ranks 99,764 in assets (Top 13%) and 123,275 in revenue (Top 16%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
2: Trust
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Other school related activities
Gifts grants or loans to other organizations
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
17: Organizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above. 509(a)(3)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;

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.

Data current as of Nov. 2022
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$154,678.00
FORM 990 REVENUE AMOUNT
$71,602.00
RULING DATE
02/1970
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$400,418.00
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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