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Greater Impact!

MISSION

Save the Folly Boat will raise funds to relocate The Folly Boat to a new location on Folly road. It was washed away during a hurricane and we will raise funds for relocation and renovation. The boat is used to paint messages to loved ones.

 FORM 1023-EZ for SAVE THE FOLLY BOAT

DEMOGRAPHIC

ADDRESS
3 EMERSON ST
29412
COUNTY
charleston county, SC

ORGANIZATIONAL OVERVIEW & RANKINGS

SAVE THE FOLLY BOAT is a based in CHARLESTON, SC, focused on Community Improvement, Capacity Building causes , specifically Single Organization Support. Established in February 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,715,654 among 2,656,690 nonprofits nationally (Top 65%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 13,305 out of 41,152 organizations in SC (Top 33%).

In charleston county, SC, the organization ranks 2,220 out of 3,769 nonprofits by assets (Top 59%), while locally in charleston, it stands at 1,296 among 1,846 organizations (Top 70%).

The organization reported no revenue in the most recent filing period, placing it at 895,774 nationally and 20,343 in SC.

Within its specific NTEE classification (S11 - S: Community Improvement, Capacity Building), which includes 981 similar organizations, SAVE THE FOLLY BOAT ranks 501 in assets (Top 51%) and 474 in revenue (Top 48%).

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

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
S11: Single Organization Support
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

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 Jul. 2022
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2018
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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