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Holdings
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516 Foundation Inc

Memphis, TN · 501(c)(3) · EIN 90-0746705
❌ Revoked Youth Development
🚨
Tax-exempt status revoked. This organization lost its 501(c)(3) status on May 15, 2022 for failure to file required returns for three consecutive years. It has not been reinstated. Donations to this organization may not be tax-deductible. Verify on IRS.gov →
IRS Status
Revoked
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State Registration
TN — Secretary of State
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990 Filing
Non-filing
Revenue
$39K
Assets
$42K
Tax-Exempt Since
2023
Ruling date: August 2023

About

The 516 Foundation Inc, located in Memphis, TN, is a nonprofit organization classified under the NTEE code O50, which pertains to youth development. The foundation focuses on supporting and empowering young people through various programs and initiatives. In the most recent fiscal year, the organization reported an annual revenue of $39,000.

Filing Details

EIN90-0746705
Subsection501(c)(3) — REVOKED
ClassificationPublic Charity
NTEE CodeO50 — Youth Development
Ruling DateAugust 2023
Revocation DateMay 15, 2022
ReasonNon-filing (3 consecutive years)
ReinstatedNo

Officers & Directors

No officer data available.

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⚠️ Donor Notice

This organization has lost its tax-exempt status. Verify directly with the IRS before donating.

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Location

📍 Memphis, TN
PO BOX 25423
Memphis, TN 38125-8006

State Registration

Tennessee
Secretary of State
Verify state registration →