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MISSION

Virtuous Cycle provides resources to people and organizations advancing progress in innovation, equity, and sustainability through capital funding, professional knowledge sharing, and creative collaboration.

 FORM 1023-EZ for VIRTUOUS CYCLE

DEMOGRAPHIC

ADDRESS
3407 LUTHER ST
27127
COUNTY
forsyth county, NC
IN CARE OF NAME
AMY EASTER

ORGANIZATIONAL OVERVIEW & RANKINGS

VIRTUOUS CYCLE is a based in WINSTON SALEM, NC, focused on Community Improvement, Capacity Building causes , specifically Fund Raising and/or Fund Distribution. Established in September 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,812,626 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 55,596 out of 80,207 organizations in NC (Top 70%).

In forsyth county, NC, the organization ranks 1,226 out of 3,233 nonprofits by assets (Top 38%), while locally in winston salem, it stands at 881 among 2,250 organizations (Top 39%).

The organization reported no revenue in the most recent filing period, placing it at 780,723 nationally and 46,699 in NC.

Within its specific NTEE classification (S12 - S: Community Improvement, Capacity Building), which includes 2,077 similar organizations, VIRTUOUS CYCLE ranks 1,405 in assets (Top 67%) and 1,319 in revenue (Top 63%).

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
S: Community Improvement, Capacity Building
NTEE CODE
S12: 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

TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2018
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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