MISSION
The specific purpose of the corporation is to promote charitable causes related to the medical field for CLN8 to fund research in Batten Disease treatments, medical costs, physical therapists, medications, and equipment needed at home.
DEMOGRAPHIC
ADDRESS
24320 MAIN ST
91321
COUNTY
los angeles county, CA
IN CARE OF NAME
TERESA FOX
ORGANIZATIONAL OVERVIEW & RANKINGS
SEBASTIAN VELONA FOUNDATION is a based in NEWHALL, CA, focused on Medical Research causes , specifically Specifically Named Diseases Research. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 962,621 among 2,656,690 nonprofits nationally (Top 37%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 162,382 out of 275,729 organizations in CA (Top 59%).
In los angeles county, CA, the organization ranks 39,070 out of 71,287 nonprofits by assets (Top 55%), while locally in newhall, it stands at 78 among 184 organizations (Top 39%).
The organization reported no revenue in the most recent filing period, placing it at 1,239,791 nationally and 180,976 in CA.
Within its specific NTEE classification (H80 - H: Medical Research), which includes 409 similar organizations, SEBASTIAN VELONA FOUNDATION ranks 270 in assets (Top 66%) and 246 in revenue (Top 60%).
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
H: Medical Research
NTEE CODE
H80: Specifically Named Diseases Research
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
08/2021
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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