BANKS FOUNDATION INC
MAPLE GROVE,
Minnesota,
55311
EIN: 87-4378052
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
17149 72ND AVE N
55311
COUNTY
hennepin county, MN
ORGANIZATIONAL OVERVIEW & RANKINGS
BANKS FOUNDATION INC is a based in MAPLE GROVE, MN, focused on Educational Institutions and Related Activities causes , specifically Fund Raising and/or Fund Distribution. Established in June 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,084,834 among 2,656,690 nonprofits nationally (Top 79%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 47,781 out of 53,624 organizations in MN (Top 90%).
In hennepin county, MN, the organization ranks 10,411 out of 13,125 nonprofits by assets (Top 80%), while locally in maple grove, it stands at 357 among 430 organizations (Top 82%).
The organization reported no revenue in the most recent filing period, placing it at 2,596,895 nationally and 47,726 in MN.
Within its specific NTEE classification (B12 - B: Educational Institutions and Related Activities), which includes 11,494 similar organizations, BANKS FOUNDATION INC ranks 10,232 in assets (Top 89%) and 9,838 in revenue (Top 86%).
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
B: Educational Institutions and Related Activities
NTEE CODE
B12: Fund Raising and/or Fund Distribution
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2023
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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