ALEX THORESEN LEGACY FOUNDATION
BLOOMFIELD HILLS,
Michigan,
48304
EIN: 83-0790644
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
Corporation will engage in offering scholarships for educational purposes and will contribute to non-profit 501 (3) (c) entities as defined by the IRS. Corporation will be financed through cash donations received from family and friends
DEMOGRAPHIC
ADDRESS
3021 WOODCREEK WAY
48304
COUNTY
oakland county, MI
ORGANIZATIONAL OVERVIEW & RANKINGS
ALEX THORESEN LEGACY FOUNDATION is a based in BLOOMFIELD HILLS, MI, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in June 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $234,391.00, this ranks 387,896 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 10,387 out of 79,991 organizations in MI (Top 13%).
In oakland county, MI, the organization ranks 1,598 out of 11,019 nonprofits by assets (Top 15%), while locally in bloomfield hills, it stands at 77 among 188 organizations (Top 39%).
The organization reported no revenue in the most recent filing period, placing it at 1,950,744 nationally and 57,317 in MI.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, ALEX THORESEN LEGACY FOUNDATION ranks 736 in assets (Top 7%) and 8,045 in revenue (Top 71%).
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
25: Organization terminating its private foundation status under section 507(b)(1)(B) of the Code
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$30,941.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2020
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$234,391.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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