DREAMING IS BELIEVING MOTORSPORTS FOUNDATION
OSKALOOSA,
Iowa,
52577
EIN: 81-0944422
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
TYLER GROENENDYK
FORM 1023-EZ for DREAMING IS BELIEVING MOTORSPORTS FOUNDATION
DEMOGRAPHIC
ADDRESS
2078 SUFFOLK RD
52577
COUNTY
mahaska county, IA
ORGANIZATIONAL OVERVIEW & RANKINGS
DREAMING IS BELIEVING MOTORSPORTS FOUNDATION is a based in OSKALOOSA, IA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Charity, Voluntarism Promotion, General. Established in September 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,714,594 among 2,656,690 nonprofits nationally (Top 65%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 11,071 out of 40,025 organizations in IA (Top 28%).
In mahaska county, IA, the organization ranks 154 out of 244 nonprofits by assets (Top 55%), while locally in oskaloosa, it stands at 79 among 187 organizations (Top 40%).
The organization reported no revenue in the most recent filing period, placing it at 894,719 nationally and 11,237 in IA.
Within its specific NTEE classification (T50 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 11,449 similar organizations, DREAMING IS BELIEVING MOTORSPORTS FOUNDATION ranks 7,925 in assets (Top 70%) and 5,337 in revenue (Top 47%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T50: Philanthropy, Charity, Voluntarism Promotion, General
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: 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
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2016
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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