DEMOGRAPHIC
ADDRESS
321 SPRUCE STREET - 12TH FLOOR
18503
COUNTY
lackawanna county, PA
IN CARE OF NAME
THOMAS F KARAM
ORGANIZATIONAL OVERVIEW & RANKINGS
T2 FOUNDATION is a based in SCRANTON, PA, focused on Recreation, Sports, Leisure, Athletics causes . Established in January 2010, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $11,277.00, this ranks 688,029 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 35,204 out of 107,402 organizations in PA (Top 33%).
In lackawanna county, PA, the organization ranks 481 out of 1,576 nonprofits by assets (Top 31%), while locally in scranton, it stands at 227 among 688 organizations (Top 33%).
The organization reported annual revenue of $363,546.00, ranking 216,049 nationally (Top 9%) and 10,013 in PA (Top 10%).
Within its specific NTEE classification (N127 - N: Recreation, Sports, Leisure, Athletics), which includes 10 similar organizations, T2 FOUNDATION ranks 3 in assets (Top 3%) and 2 in revenue (Top 2%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
The organization files a 990 (all other) or 990EZ return 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
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N/A
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
Note: A current revocation appears on the IRS revocation list
Revoked: Monday, May 15, 2023;
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.
TAX PERIOD
12/2019
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$363,546.00
FORM 990 REVENUE AMOUNT
$363,546.00
RULING DATE
01/2010
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$11,277.00
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.