THE AK FOUNDATION INC
WAKE FOREST,
North Carolina,
27587
EIN: 90-0764197
Educational Institutions and Related Activities
MISSION
The mission is the raise funds to provide financial assistance to students attending college. The parameters will be scholarship achievement and financial need.
DEMOGRAPHIC
ADDRESS
3428 DONLIN DR
27587
COUNTY
wake county, NC
ORGANIZATIONAL OVERVIEW & RANKINGS
THE AK FOUNDATION INC is a based in WAKE FOREST, NC, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in April 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 900,021 among 2,656,690 nonprofits nationally (Top 34%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 22,245 out of 80,207 organizations in NC (Top 28%).
In wake county, NC, the organization ranks 3,569 out of 10,332 nonprofits by assets (Top 35%), while locally in wake forest, it stands at 135 among 551 organizations (Top 23%).
The organization reported no revenue in the most recent filing period, placing it at 1,626,246 nationally and 38,236 in NC.
Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, THE AK FOUNDATION INC ranks 3,668 in assets (Top 32%) and 2,923 in revenue (Top 26%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2014 and was reinstated on April 15, 2018 .
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
B: Educational Institutions and Related Activities
NTEE CODE
B12: 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
Revoked: Thursday, May 15, 2014;
Reinstated: Sunday, April 15, 2018
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2018
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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