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.
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."
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