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THE MERCY-SOLOMON FOUNDATION

ARLINGTON, Virginia, 22205

EIN: 81-0700807

Philanthropy, Voluntarism and Grantmaking Foundations

MISSION

Our purpose is to uplift families striving to emerge from the mobility gap by: funding student scholarship, financially supporting churches encouraging their spiritual growth, and funding charitable organizations that uplift and educate children.

 FORM 1023-EZ for THE MERCY-SOLOMON FOUNDATION

DEMOGRAPHIC

ADDRESS
1817 N HARRISON ST
22205
COUNTY
arlington county, VA
IN CARE OF NAME
ERIC A SAMUEL

ORGANIZATIONAL OVERVIEW & RANKINGS

THE MERCY-SOLOMON FOUNDATION is a based in ARLINGTON, VA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Community Foundations. Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $24,391.00, this ranks 639,759 among 2,656,690 nonprofits nationally (Top 25%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,812 out of 73,265 organizations in VA (Top 23%).

In arlington county, VA, the organization ranks 1,019 out of 2,710 nonprofits by assets (Top 38%), while locally in arlington, it stands at 1,015 among 2,702 organizations (Top 38%).

The organization reported no revenue in the most recent filing period, placing it at 1,845,179 nationally and 52,688 in VA.

Within its specific NTEE classification (T31 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 4,422 similar organizations, THE MERCY-SOLOMON FOUNDATION ranks 1,695 in assets (Top 39%) and 4,275 in revenue (Top 97%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 .

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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T31: Community Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Tuesday, May 15, 2018;

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 Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$18,000.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2020
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$24,391.00
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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