NEOFORTUNITY INC., a Delaware Charitable Nonstock Corporation, is primarily organized and operated exclusively for scientific, educational, and charitable purposes under Section 501(c)(3) of the Internal Revenue Code (26 CFR 1.501(c)(3)-1(a)). As a tax-exempt organization recognized by the IRS, we conduct fundamental research to advance scientific knowledge in the public interest, with no commercial objectives (26 CFR 1.501(c)(3)-1(d)(5)).

NEOFORTUNITY INC. focuses on basic research, defined as general research to gain comprehensive knowledge or understanding of subjects under study without specific applications in mind (8 CFR 214.2(h)(19)(iii)(C)). This research advances scientific knowledge and does not pursue immediate commercial objectives, though it may explore fields of present or potential commercial interest. Our work spans investigations in the sciences, social sciences, and humanities, with all findings made publicly available on a nondiscriminatory basis (26 CFR 1.501(c)(3)-1(d)(5)(iii)(a)).

As a scientific organization, we operate in the public interest by conducting fundamental research and supporting the scientific education of college and university students, consistent with IRS requirements for tax-exempt status (26 CFR 1.501(c)(3)-1(d)(5)(iii)(c)(1)). A fundamental activity of NEOFORTUNITY INC. is engaging in basic research as defined under federal immigration regulations (8 CFR 214.2(h)(19)(iii)(C)), while being primarily engaged in basic research per Department of Labor guidelines (20 CFR 656.40(e)(1)(iii)).

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.