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BANKS FOUNDATION INC - ILLINOIS DIVISION

NAPERVILLE, Illinois, 60564

EIN: 83-3562856

Religion-Related, Spiritual Development

MISSION

To inspire families to reach their full potential in learning through faith, hope, love, and education. The Banks Foundation, Inc. Illinois Division was established to provide scholarships, learning resources, and faith based programs for Illinois.

 FORM 1023-EZ for BANKS FOUNDATION INC - ILLINOIS DIVISION

DEMOGRAPHIC

ADDRESS
3915 FORMBY CT
60564
COUNTY
will county, IL
IN CARE OF NAME
DIEDRE M BANKS

ORGANIZATIONAL OVERVIEW & RANKINGS

BANKS FOUNDATION INC - ILLINOIS DIVISION is a based in NAPERVILLE, IL, focused on Religion-Related, Spiritual Development causes , specifically Alliance/Advocacy Organizations. Established in March 2019, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,822,345 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 78,635 out of 106,037 organizations in IL (Top 75%).

In will county, IL, the organization ranks 1,240 out of 3,766 nonprofits by assets (Top 33%), while locally in naperville, it stands at 710 among 1,401 organizations (Top 51%).

The organization reported no revenue in the most recent filing period, placing it at 776,433 nationally and 28,659 in IL.

Within its specific NTEE classification (X01 - X: Religion-Related, Spiritual Development), which includes 1,344 similar organizations, BANKS FOUNDATION INC - ILLINOIS DIVISION ranks 735 in assets (Top 54%) and 695 in revenue (Top 51%).

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
X: Religion-Related, Spiritual Development
NTEE CODE
X01: Alliance/Advocacy Organizations
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

TAX PERIOD
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2019
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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