BJ WALLACE JR FOUNDATION
CRETE,
Illinois,
60417
EIN: 84-3023573
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
BJ Wallace Jr. foundation serves to inspire people of color to pursue higher education and work to end hunger and poverty in the community
DEMOGRAPHIC
ADDRESS
225 MORAY CT
60417
COUNTY
will county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
BJ WALLACE JR FOUNDATION is a based in CRETE, IL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in December 2021, it operates as an independent trust and contributions to this organization are tax-deductible .
With total assets of $257,605.00, this ranks 375,850 among 2,656,690 nonprofits nationally (Top 15%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 16,349 out of 106,037 organizations in IL (Top 16%).
In will county, IL, the organization ranks 327 out of 3,766 nonprofits by assets (Top 9%), while locally in crete, it stands at 9 among 161 organizations (Top 5%).
The organization reported no revenue in the most recent filing period, placing it at 1,950,363 nationally and 78,108 in IL.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, BJ WALLACE JR FOUNDATION ranks 16,889 in assets (Top 55%) and 8,754 in revenue (Top 29%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
2: Trust
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
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2022;
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.
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$97,707.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2021
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$257,605.00
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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