SOVA INNOVATION HUB CORPORATION
SOUTH BOSTON,
Virginia,
24592
EIN: 84-2208618
Community Improvement, Capacity Building
DEMOGRAPHIC
ADDRESS
715 WILBORN AVE
24592
COUNTY
halifax county, VA
IN CARE OF NAME
DANIEL LLOYD
ORGANIZATIONAL OVERVIEW & RANKINGS
SOVA INNOVATION HUB CORPORATION is a based in SOUTH BOSTON, VA, focused on Community Improvement, Capacity Building causes , specifically Economic Development. Established in December 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $1,615,558.00, this ranks 168,860 among 2,656,690 nonprofits nationally (Top 7%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 4,575 out of 73,265 organizations in VA (Top 7%).
In halifax county, VA, the organization ranks 12 out of 277 nonprofits by assets (Top 4%), while locally in south boston, it stands at 6 among 108 organizations (Top 3%).
The organization reported annual revenue of $716,186.00, ranking 151,137 nationally (Top 6%) and 4,318 in VA (Top 6%).
Within its specific NTEE classification (S30 - S: Community Improvement, Capacity Building), which includes 4,887 similar organizations, SOVA INNOVATION HUB CORPORATION ranks 489 in assets (Top 10%) and 569 in revenue (Top 12%).
The organization files a 990 (all other) or 990EZ return and operates on a May 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
S30: Economic Development
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
06/2023
ACCOUNTING PERIOD
06
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$716,186.00
FORM 990 REVENUE AMOUNT
$716,186.00
RULING DATE
12/2019
ASSET CODE
6: $1,000,000 to $4,999,999
ASSET AMOUNT
$1,615,558.00
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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