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DEMOGRAPHIC

ADDRESS
16 CONGRESS STREET
01915
COUNTY
essex county, MA
IN CARE OF NAME
BRADLEY W SMALL

ORGANIZATIONAL OVERVIEW & RANKINGS

SOLOMON FUND is a based in BEVERLY, MA, focused on Recreation, Sports, Leisure, Athletics causes , specifically Fund Raising and/or Fund Distribution. Established in March 2022, it operates as an independent association and contributions to this organization are tax-deductible .

With total assets of $755.00, this ranks 765,860 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 25,453 out of 58,562 organizations in MA (Top 44%).

In essex county, MA, the organization ranks 2,595 out of 5,801 nonprofits by assets (Top 45%), while locally in beverly, it stands at 228 among 414 organizations (Top 54%).

The organization reported annual revenue of $4,285.00, ranking 608,854 nationally (Top 23%) and 19,532 in MA (Top 34%).

Within its specific NTEE classification (N12 - N: Recreation, Sports, Leisure, Athletics), which includes 5,994 similar organizations, SOLOMON FUND ranks 975 in assets (Top 17%) and 788 in revenue (Top 14%).

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
5: Association
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N12: Fund Raising and/or Fund Distribution
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
1: $1 to $9,999
INCOME AMOUNT
$5,285.00
FORM 990 REVENUE AMOUNT
$4,285.00
RULING DATE
03/2022
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$755.00
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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