DEMOGRAPHIC
ADDRESS
PO BOX 40471
20016
COUNTY
district of columbia county, DC
ORGANIZATIONAL OVERVIEW & RANKINGS
V5 INITIATIVE INC is a based in WASHINGTON, DC, focused on Youth Development causes , specifically Youth Development N.E.C.. Established in January 1993, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $283,270.00, this ranks 363,905 among 2,656,690 nonprofits nationally (Top 14%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 4,925 out of 21,233 organizations in DC (Top 24%).
In district of columbia county, DC, the organization ranks 4,906 out of 21,142 nonprofits by assets (Top 24%), while locally in washington, it stands at 4,908 among 21,053 organizations (Top 24%).
The organization reported annual revenue of $421,418.00, ranking 200,292 nationally (Top 8%) and 4,237 in DC (Top 20%).
Within its specific NTEE classification (O99 - O: Youth Development), which includes 4,624 similar organizations, V5 INITIATIVE INC ranks 235 in assets (Top 5%) and 182 in revenue (Top 4%).
The organization files a 990 (all other) or 990EZ return and operates on a July fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Described in section 170 b 1 a vi of the Code
Family planning
Legalized abortion
NTEE COMMON CODE
O: Youth Development
NTEE CODE
O99: Youth Development N.E.C.
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
TAX PERIOD
08/2023
ACCOUNTING PERIOD
08
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$421,418.00
FORM 990 REVENUE AMOUNT
$421,418.00
RULING DATE
01/1993
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$283,270.00
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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