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MISSION

To receive and administer funds for charitable purposes to assist high school students in their pursuit of a college education by providing financial assistance in the form of scholarships.

 FORM 1023-EZ for FAM MEMORIAL FUND

DEMOGRAPHIC

ADDRESS
13 SAINT MARYS DR
14706
COUNTY
cattaraugus county, NY

ORGANIZATIONAL OVERVIEW & RANKINGS

FAM MEMORIAL FUND is a based in ALLEGANY, NY, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in February 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,667,773 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 74,400 out of 159,053 organizations in NY (Top 47%).

In cattaraugus county, NY, the organization ranks 481 out of 620 nonprofits by assets (Top 77%), while locally in allegany, it stands at 17 among 47 organizations (Top 17%).

The organization reported no revenue in the most recent filing period, placing it at 913,292 nationally and 89,545 in NY.

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, FAM MEMORIAL FUND ranks 18,222 in assets (Top 58%) and 7,957 in revenue (Top 25%).

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
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2020
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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