VERDENCE FOUNDATION INC
HUNT VALLEY,
Maryland,
21031
EIN: 83-1073865
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
50 SCHILLING RD STE 300
21031
COUNTY
baltimore county, MD
ORGANIZATIONAL OVERVIEW & RANKINGS
VERDENCE FOUNDATION INC is a based in HUNT VALLEY, MD, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in May 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $43,896.00, this ranks 588,280 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 11,358 out of 58,073 organizations in MD (Top 20%).
In baltimore county, MD, the organization ranks 1,508 out of 7,455 nonprofits by assets (Top 21%), while locally in hunt valley, it stands at 37 among 88 organizations (Top 37%).
The organization reported no revenue in the most recent filing period, placing it at 1,831,187 nationally and 41,893 in MD.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, VERDENCE FOUNDATION INC ranks 21,656 in assets (Top 70%) and 30,586 in revenue (Top 99%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
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
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
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
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$47,132.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
05/2021
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$43,896.00
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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