Public nonprofit record
SB INITIATIVE INC
EIN 99-3175705 · Fund Raising & Fund Distribution - Arts, Culture, and Humanities (A12)
What they do
THIS CORPORATION is ORGANIZED EXCLUSIVELY for CHARITABLE PURPOSES, INCLUDING, for SUCH PURPOSES, THE MAKING of DISTRIBUTIONS to ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTIONS 501(C)(3) of THE IRS CODE, or THE CORRESPONDING SECTION of ANY FUTURE FEDERAL TAX CODE, AS DECIDED and DETERMINED BY A MAJORITY VOTE of THE THEN CURRENT EXECUTIVE COMMITTEE.
Money
Tax year 2024Financial picture
Revenue$1,609,964
Expenses$1,605,003
Assets$1,223,743
Income$66,300
Contributions$2,618,238
Grants given$1,000,000
Average grant$1,000,000
Management$605,003
Accounting fees$4,373
About this charity
- Recognized since
- January 2024
- Location
- PO BOX 50475, NASHVILLE, TN 37205
- County
- Davidson
- In care of
- CANDACE REEVE
- Primary officer
- CANDACE REEVE, TREASURER
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- September 1, 2024
- Return type
- 990
- Tax preparer
- DEMPSEY VANTREASE & FOLLIS PLLC
- NTEE classification
- Fund Raising & Fund Distribution - Arts, Culture, and Humanities (A12)
- IRS tax category
- Fund Raising & Fund Distribution
- Grant-giving organization
- Yes
More public IRS record details
These are classification codes from the organization’s public nonprofit record.
- Subsection
- 03
- Affiliation
- 3
- Classification
- 1000
- Deductibility
- 1
- Foundation
- 15
- Organization
- 1
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