DEMOGRAPHIC
ADDRESS
15 SMITH RD STE 5008
79705
COUNTY
midland county, TX
ORGANIZATIONAL OVERVIEW & RANKINGS
FASKEN FOUNDATION is a based in MIDLAND, TX . Established in October 1957, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $42,304,762.00, this ranks 20,660 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 1,277 out of 202,022 organizations in TX (Top 1%).
In midland county, TX, the organization ranks 18 out of 1,152 nonprofits by assets (Top 2%), while locally in midland, it stands at 18 among 1,151 organizations (Top 2%).
The organization reported no revenue in the most recent filing period, placing it at 1,827,804 nationally and 133,745 in TX.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, FASKEN FOUNDATION ranks 5,814 in assets (Top 1%) and 524,861 in revenue (Top 68%).
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
Other school related activities
Gifts or grants to individuals other than scholarships
Scholarships other
NTEE COMMON CODE
N/A
NTEE CODE
N/A
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$27,329,376.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/1957
ASSET CODE
8: $10,000,000 to $49,999,999
ASSET AMOUNT
$42,304,762.00
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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