DEMOGRAPHIC
ADDRESS
5411 BLACK RD
43566
COUNTY
lucas county, OH
IN CARE OF NAME
RYAN BAUMAN
ORGANIZATIONAL OVERVIEW & RANKINGS
THE KARNIK FOUNDATION is a based in WATERVILLE, OH, focused on Youth Development causes , specifically Youth Development N.E.C.. Established in February 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $13,125.00, this ranks 679,903 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 26,176 out of 105,194 organizations in OH (Top 25%).
In lucas county, OH, the organization ranks 971 out of 3,370 nonprofits by assets (Top 29%), while locally in waterville, it stands at 19 among 79 organizations (Top 19%).
The organization reported no revenue in the most recent filing period, placing it at 1,853,595 nationally and 77,558 in OH.
Within its specific NTEE classification (O99 - O: Youth Development), which includes 4,624 similar organizations, THE KARNIK FOUNDATION ranks 699 in assets (Top 15%) and 3,491 in revenue (Top 76%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2016 .
The organization files a 990 - Not required to file(all other) 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
O: Youth Development
NTEE CODE
O99: Youth Development N.E.C.
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2016;
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$19,000.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2023
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$13,125.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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