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YOUTH BUSINESS INITIATIVE

NORWALK, Connecticut, 06851

EIN: 85-0594373

Youth Development

MISSION

The Youth Business Initiative will empower inner city youth, teaching and equipping them with skills to become successful entrepreneurs and managers. We will also provide attire, scholarships and stipends that would allow them to support their goals.

 FORM 1023-EZ for YOUTH BUSINESS INITIATIVE

DEMOGRAPHIC

ADDRESS
304 MAIN AVE
06851
COUNTY
fairfield county, CT
IN CARE OF NAME
DAJUAN WIGGINS

ORGANIZATIONAL OVERVIEW & RANKINGS

YOUTH BUSINESS INITIATIVE is a based in NORWALK, CT, focused on Youth Development causes , specifically Youth Development - Business. Established in July 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $204,687.00, this ranks 405,202 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 6,264 out of 30,943 organizations in CT (Top 21%).

In fairfield county, CT, the organization ranks 2,047 out of 8,905 nonprofits by assets (Top 23%), while locally in norwalk, it stands at 142 among 672 organizations (Top 21%).

The organization reported annual revenue of $397,508.00, ranking 206,427 nationally (Top 8%) and 2,956 in CT (Top 10%).

Within its specific NTEE classification (O53 - O: Youth Development), which includes 1,110 similar organizations, YOUTH BUSINESS INITIATIVE ranks 55 in assets (Top 5%) and 47 in revenue (Top 4%).

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
O: Youth Development
NTEE CODE
O53: Youth Development - Business
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
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$397,508.00
FORM 990 REVENUE AMOUNT
$397,508.00
RULING DATE
07/2020
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$204,687.00
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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