SOUL TEA FOUNDATION INC

FORT WORTH, TX | Tarrant County
Economic Development

Overview

SOUL TEA FOUNDATION INC
85-1908972
2220 BIRD ST APT 1213
FORT WORTH, TX 76111
Tarrant County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
J20

J - Employment, Job Related

Employment Preparation & Procurement

Organizations that help people prepare for, find, secure and retain suitable employment. Use this code for organizations that provide a wide range of employment services or those that offer employment-related services not specified below. Includes: Employment placement agencies; Job development organizations including those for youth and people with disabilities; Retraining; and Senior Community Service Employment Programs

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624310
Vocational Rehabilitation Services

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
-
Revenue
-
Assets
-

Not reported by IRS.


The income, revenue, and assets information was not included on this nonprofit's most recent tax filing or the nonprofit has not yet filed its first tax return.
Exempt Ruling Date info
2020-12
Deductibility Status info
Deductible
Last Tax Filing info
Not required to file by IRS
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)

Nonprofit Location

Physical Address info
2220 BIRD ST APT 1213
FORT WORTH, TX 76111
Tarrant County
FIPS Geocoded Address info
19100
CBSA info
48
State info
439
County info
1001.02
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Dallas-Fort Worth-Arlington, TX
Combined Statistical Area info
Dallas-Fort Worth, TX-OK
Metropolitan Division info
Fort Worth-Arlington-Grapevine, TX
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 69.9%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
1001.02 Tarrant County
Population
Total Population 5,309 2,077,153
Total Households 1,603 722,446
Income
Median Family Income (Census*) $50,921 $70,306
Median Family Income (2019 FFIEC) $75,300 N/A
Tract Income Percentage 73.43% N/A
Below Poverty Level 25.4% 11.4%
Unemployment Level 8.2% 5.0%
Housing
Total Housing Units 1,861 780,381
Total Owner-Occupied Units 56.7% 60.3%
Total Renter-Occupied Units 29.4% 39.7%
Total Vacant Units 13.9% 9.4%
* Census tract income based on 2019 Census estimated data; County income based on 2020 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body
info
Not reported
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.