EIN 92-0905366

502circle Nil Collective Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2022
Most recent tax filings
2023-12-01
Description
The 502circle Nil Collective Foundation engages athletes to tackle social issues, support food security, and empower youth through camps and mentorship in Louisville.
Total revenues
$679,348
2023
Total expenses
$618,148
2023
Total assets
$75,590
2023
Num. employees
0
2023

Program areas at 502circle Nil Collective Foundation

The Foundation recently held two kids' camps in the west end of louisville, bringing together around 150 children in each camp for a positive and uplifting experience. In partnership with university of louisville football players, we provided underprivileged families with essential mentorship along with resources like water bottles and bags. These camps gave kids and their families an outlet to channel their energy into something constructive, fostering a sense of community and inspiring them to stay focused on their goals and potential.
The Foundation has partnered with dare to care to make a significant impact in the community through its mobile pantry and food preparation kitchen. With the involvement of around 75 athletes, this initiative helps provide vital support to local schools, families, and shelters in need. By deistributing food and preparing meals, 02circle athletes are not only helping to address food insecurity but also offering hope and relief to those facing difficult circumstances, reinfomring the Foundation's commitmnet to giving back and strengthening the community.
The Foundation worked through the delta Foundation's hoops and homework program, with around 50 athletes using their platform to inspire and support local youth. This initiative combines basketball with academic support, offering kids a constructive outlet while encouraging them to stay focused on their education and personal growth. The athletes' involvement provides mentorship and motivation, helping to foster positive energy both on and off the court.
Various smaller projects providing mentorship to children and youth in west louisville and underpriviledged children in surroundingn areas.

Who funds 502circle Nil Collective Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community Foundation of Louisville DepositoryN01 Alliance/advocacy Organizations$15,000
American Endowment FoundationGeneral Operating Support$10,000

Personnel at 502circle Nil Collective Foundation

NameTitleCompensation
Marc E SpiegelPresident$0

Financials for 502circle Nil Collective Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$679,348
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$679,348

Form 990s for 502circle Nil Collective Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-07990View PDF
Data update history
December 3, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 27, 2024
Updated personnel
Identified 1 new personnel
November 27, 2024
Used new vendors
Identified 1 new vendor, including
October 23, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from The Community Foundation of Louisville Depository
Nonprofit Types
Civic / social organizationsSports organizationsCharities
Issues
Human servicesHunger
Characteristics
Tax deductible donationsNo full-time employees
General information
Address
2089 Bellrick Rd NW
Atlanta, GA 30318
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Phone
(877) 573-2043
IRS details
EIN
92-0905366
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N01: Recreation and Sports Alliances and Advocacy
NAICS code, primary
813410: Civic and Social Organizations
Parent/child status
Independent
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