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DEMOGRAPHIC

ADDRESS
PO BOX 218296
77218
COUNTY
harris county, TX

ORGANIZATIONAL OVERVIEW & RANKINGS

FONGS INITIATIVE is a based in HOUSTON, TX, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in February 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $2,265.00, this ranks 746,434 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 49,849 out of 202,022 organizations in TX (Top 25%).

In harris county, TX, the organization ranks 7,470 out of 30,926 nonprofits by assets (Top 25%), while locally in houston, it stands at 5,680 among 22,220 organizations (Top 26%).

The organization reported no revenue in the most recent filing period, placing it at 1,892,286 nationally and 137,934 in TX.

Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, FONGS INITIATIVE ranks 25,257 in assets (Top 81%) and 26,600 in revenue (Top 86%).

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
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
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.

Data current as of Jul. 2022
TAX PERIOD
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$1.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2016
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$2,265.00
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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