NEOFORTUNITY INC., a Delaware Charitable Nonstock Corporation, is recognized by the IRS as a 501(c)(3) tax-exempt organization dedicated to scientific, educational, and charitable purposes (26 CFR 1.501(c)(3)-1(a)). As a scientific organization, NEOFORTUNITY INC. operates in the public interest by conducting fundamental research and supporting the scientific education of college and university students (26 CFR 1.501(c)(3)-1(d)(5)(iii)(c)(1)).

NEOFORTUNITY INC. primarily focuses on basic research, which is defined as general research to gain more comprehensive knowledge or understanding of the subject under study, without specific applications in mind. Basic research advances scientific knowledge and does not have specific immediate commercial objectives, although it may explore fields of present or potential commercial interest. This research may include investigations in the sciences, social sciences, or humanities (8 CFR 214.2(h)(19)(iii)(C)).

The core of NEOFORTUNITY INC.'s operations revolves around basic and fundamental research, with the organization dedicating its resources to advancing scientific knowledge and fostering a deeper understanding of various subjects.

Primary Research Objectives

• Basic Research / Fundamental Research
• Advance Scientific Knowledge
• Gain Comprehensive Knowledge and Understanding

National Taxonomy of Exempt Entities (NTEE) Code

The National Taxonomy of Exempt Entities (NTEE) code is a four-digit classification system used to categorize exempt organizations under IRC 501(c)(3). The first three digits of the code define the primary focus area of the organization. For more information, see the IRS publication: National Taxonomy of Exempt Entities (NTEE) Codes.

NTEE Code of NEOFORTUNITY INC.: U20

Description: Organizations that focus broadly on scientific research and inquiry or engage in interdisciplinary science activities.

Category: Science, General (General Science).

For additional details on NTEE codes, visit: NTEE Code Explorer.