MISSION
JON MICHELON
DEMOGRAPHIC
ADDRESS
1240 HOHLFELDER RD
60022
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
FAB 5 FOUNDATION is a based in GLENCOE, IL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Fund Raising and/or Fund Distribution. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $176,830.00, this ranks 423,800 among 2,656,690 nonprofits nationally (Top 16%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 18,290 out of 106,037 organizations in IL (Top 18%).
In cook county, IL, the organization ranks 9,065 out of 46,103 nonprofits by assets (Top 20%), while locally in glencoe, it stands at 49 among 140 organizations (Top 25%).
The organization reported no revenue in the most recent filing period, placing it at 1,946,212 nationally and 74,408 in IL.
Within its specific NTEE classification (N12 - N: Recreation, Sports, Leisure, Athletics), which includes 5,994 similar organizations, FAB 5 FOUNDATION ranks 164 in assets (Top 3%) and 4,158 in revenue (Top 70%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2017 and was reinstated on May 15, 2017 .
The organization files a 990 - Not required to file(all other) 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
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N12: Fund Raising and/or Fund Distribution
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Monday, May 15, 2017;
Reinstated: Monday, May 15, 2017
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$215,860.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2020
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$176,830.00
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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