MISSION
To serve children in our community by improving conditions of basketball courts in urban communities, promote positive health through exercise, educate youth professional career choice.
DEMOGRAPHIC
ADDRESS
624 E 23RD ST
07514
COUNTY
passaic county, NJ
ORGANIZATIONAL OVERVIEW & RANKINGS
WILLIE L PETERKIN FOUNDATION is a based in PATERSON, NJ, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in November 2022, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,667,010 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 33,183 out of 72,131 organizations in NJ (Top 46%).
In passaic county, NJ, the organization ranks 1,626 out of 2,986 nonprofits by assets (Top 55%), while locally in paterson, it stands at 219 among 653 organizations (Top 32%).
The organization reported no revenue in the most recent filing period, placing it at 903,220 nationally and 23,880 in NJ.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, WILLIE L PETERKIN FOUNDATION ranks 18,857 in assets (Top 51%) and 13,266 in revenue (Top 36%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 and was reinstated on May 15, 2022 .
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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
Revoked: Sunday, May 15, 2022;
Reinstated: Sunday, May 15, 2022
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2022
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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