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MISSION

SoMaX aims to benefit local female communities by organizing educational events to provide them with resources to understand entrepreneurship and investment in a global picture, and build a platform in the field of technology, science, VC and startup

 FORM 1023-EZ for SOMAX SUMMIT

WWW.SOMAXSUMMIT.COM

DEMOGRAPHIC

ADDRESS
3120 SCOTT BLVD
95054
COUNTY
santa clara county, CA

ORGANIZATIONAL OVERVIEW & RANKINGS

SOMAX SUMMIT is a based in SANTA CLARA, CA, focused on Public, Society Benefit - Multipurpose and Other causes , specifically Professional Societies, Associations. Established in March 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,411,618 among 2,656,690 nonprofits nationally (Top 91%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 242,031 out of 275,729 organizations in CA (Top 88%).

In santa clara county, CA, the organization ranks 11,756 out of 14,688 nonprofits by assets (Top 80%), while locally in santa clara, it stands at 690 among 896 organizations (Top 77%).

The organization reported no revenue in the most recent filing period, placing it at 2,161,685 nationally and 217,178 in CA.

Within its specific NTEE classification (W03 - W: Public, Society Benefit - Multipurpose and Other), which includes 860 similar organizations, SOMAX SUMMIT ranks 737 in assets (Top 85%) and 737 in revenue (Top 85%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

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. Additional information can be found at WWW.SOMAXSUMMIT.COM.

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
W: Public, Society Benefit - Multipurpose and Other
NTEE CODE
W03: Professional Societies, Associations
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: Saturday, May 15, 2021;

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 Jan. 2021
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2019
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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