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MISSION

ASCENDynamics, a non-for-profit organization, is an incubator for worker-owned cooperatives providing technical, networking and other resources to various entities, especially startups, to help them succeed.

 FORM 1023-EZ for ASCENDYNAMICS NFP

DEMOGRAPHIC

ADDRESS
7649 W IRVING PARK RD APT 1N
60634
COUNTY
cook county, IL

ORGANIZATIONAL OVERVIEW & RANKINGS

ASCENDYNAMICS NFP is a based in CHICAGO, IL, focused on Science and Technology Research Institutes, Services causes , specifically Management & Technical Assistance. Established in December 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,575,515 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 79,465 out of 106,037 organizations in IL (Top 75%).

In cook county, IL, the organization ranks 36,594 out of 46,103 nonprofits by assets (Top 80%), while locally in chicago, it stands at 25,739 among 28,197 organizations (Top 92%).

The organization reported no revenue in the most recent filing period, placing it at 2,025,963 nationally and 98,457 in IL.

Within its specific NTEE classification (U02 - U: Science and Technology Research Institutes, Services), which includes 156 similar organizations, ASCENDYNAMICS NFP ranks 135 in assets (Top 79%) and 135 in revenue (Top 79%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
U: Science and Technology Research Institutes, Services
NTEE CODE
U02: Management & Technical Assistance
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;

IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.

Data current as of Apr. 2024
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 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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