DEMOGRAPHIC
ADDRESS
7885 PINE RUN
36527
COUNTY
baldwin county, AL
ORGANIZATIONAL OVERVIEW & RANKINGS
TORO FOUNDATION is a based in SPANISH FORT, AL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Fund Raising and/or Fund Distribution. Established in November 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,584,952 among 2,656,690 nonprofits nationally (Top 98%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 31,573 out of 35,672 organizations in AL (Top 89%).
In baldwin county, AL, the organization ranks 1,222 out of 1,420 nonprofits by assets (Top 86%), while locally in spanish fort, it stands at 88 among 88 organizations (Top 88%).
The organization reported no revenue in the most recent filing period, placing it at 2,024,303 nationally and 27,285 in AL.
Within its specific NTEE classification (N12 - N: Recreation, Sports, Leisure, Athletics), which includes 5,994 similar organizations, TORO FOUNDATION ranks 5,375 in assets (Top 90%) and 5,375 in revenue (Top 90%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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
N12: 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
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
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
11/2023
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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.
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