TIM JOHNSON FOUNDATION
RALEIGH,
North Carolina,
27610
EIN: 83-1051527
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
The specific purposes of the Corporation are to provide scholarships, apprenticeships, and mentoring to low income and at-risk youth and young adults who are interested in the hair and beauty industry.
DEMOGRAPHIC
ADDRESS
2 N PETTIGREW STREET
27610
COUNTY
wake county, NC
IN CARE OF NAME
TIM JOHNSON
ORGANIZATIONAL OVERVIEW & RANKINGS
TIM JOHNSON FOUNDATION is a based in RALEIGH, NC, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Fund Raising Organizations That Cross Categories. Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,425,306 among 2,656,690 nonprofits nationally (Top 92%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 57,425 out of 80,207 organizations in NC (Top 72%).
In wake county, NC, the organization ranks 8,087 out of 10,332 nonprofits by assets (Top 79%), while locally in raleigh, it stands at 4,676 among 6,106 organizations (Top 77%).
The organization reported no revenue in the most recent filing period, placing it at 2,171,674 nationally and 55,285 in NC.
Within its specific NTEE classification (T70 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 2,160 similar organizations, TIM JOHNSON FOUNDATION ranks 2,007 in assets (Top 93%) and 2,007 in revenue (Top 93%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T70: Fund Raising Organizations That Cross Categories
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: Saturday, May 15, 2021;
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2020
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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