Monroe Abro Inc

Monroe Abro Inc is a nonprofit organization based in the state of North Carolina. It was registered as a 501(c)(3) organization, which exempted it from federal income tax under the Title 26 of the United States Code. This designation permits the organization to focus on its mission without the financial burden of income taxes on its earnings.

History

Information regarding the specific history and founding of Monroe Abro Inc is limited. However, it is known that it was initially recognized for its exempt status under federal tax law.

Status and Challenges

As of the latest available records, Monroe Abro Inc faced challenges in maintaining its tax-exempt status. In 2015, the organization experienced automatic revocation of its federal tax exempt status due to failure to file Form 990 returns or notices for three consecutive years. This revocation highlights the importance of compliance with IRS regulations for maintaining nonprofit status.

Prior Operations

In earlier years, the organization had submitted Form 990-N declarations, indicating it had gross receipts under $25,000 during fiscal year 2011, which is a common threshold for smaller nonprofits. However, detailed specifics about its mission, goals, or impact are not readily available.

In summary, Monroe Abro Inc represents an entity that once held nonprofit status but has faced challenges in maintaining compliance with federal regulations. Despite its initial intention to operate as a tax-exempt organization, it currently lacks active status.