Raising Legends Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 872029145 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Raising Legends Inc?

Raising Legends Inc is a nonprofit organization that, despite not achieving exempt status until December 2021 due to delayed mail, has a mission to support black businesses. During this period, they only managed to pay for the creation of their website. Their purpose, as stated, is to provide financial assistance to black-owned enterprises, aiming to contribute positively to their community. As of now, their primary activities are limited to this endeavor.


Official website here: www.raisinglegends.org

Is Raising Legends Inc legitimate?

Raising Legends Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raising Legends Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.raisinglegends.org

What is the mission statement of Raising Legends Inc?

Raising Legends Inc's mission, as established, is centered around obtaining exempt status. However, due to delayed mail delivery, this approval was received in December 2021, thereby preventing any significant activities in the same year. The organization's primary objective, as stated, is to provide financial support to black-owned businesses. In the interim, funds were allocated for the creation of their website.


Official website here: www.raisinglegends.org

Who is the CEO of Raising Legends Inc?

Jesse Watson Jr is the Treasurer of Raising Legends Inc.


Official website here: www.raisinglegends.org

What is the revenue of Raising Legends Inc?

Raising Legends Inc's revenue in 2021 was $0.


Official website here: www.raisinglegends.org

Who are the executives of Raising Legends Inc and what are their salaries?


Here are 2 key members and their salaries:


Jacquette Yellock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Watson Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raisinglegends.org

Where can I find the form 990EZ for Raising Legends Inc?

Raising Legends Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.raisinglegends.org

Learn more at the official website: www.raisinglegends.org

Mission Statement of Raising Legends Inc

Raising Legends Inc, a nonprofit organization, was granted exempt status in November 2021, although the approval letter was delayed due to slow mail delivery, preventing any significant activities in the same year. The organization's primary mission, however, is to provide financial support to black-owned businesses. In addition, funds were allocated to initiate the creation of Raising Legends Inc's official website in 2021.

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Impact




October, 2024

Raising Legends Inc is making strides to support and uplift Black businesses in Greensboro, NC. By providing essential funding and resources, the organization aims to empower entrepreneurs within the community. Although the organization faced initial delays in establishing its operations due to the late receipt of exempt status approval, it has laid the groundwork for future initiatives. With a focus on fostering economic growth and sustainability, Raising Legends Inc seeks to create opportunities for Black business owners, ensuring they have the necessary support to thrive and make a lasting impact in their communities. Through its mission, the organization is poised to contribute to the advancement of economic equity and social justice in the region.




This information is meant to be a general summary of Raising Legends Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2021)
Expenses
$0 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

    Assets and Liabilities:

    • Total Assets: $1
    • Total Liabilities: $0
    • Net Assets: $1

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    Organization Details

    Principal Officer

    Jesse Watson Jr

    Main Address

    4214 W Wendover Ave Unit 1047, Greensboro, NC, 27407

    NTEE Category

    Code: P20 - Human services

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