DEMOGRAPHIC
ADDRESS
15918 W MCNICHOLS RD
48235
COUNTY
wayne county, MI
IN CARE OF NAME
FRED PICKENS
DBA NAME(S)
FOSTER SOLUTIONS
ORGANIZATIONAL OVERVIEW & RANKINGS
FOSTERS SOLUTIONS is a based in DETROIT, MI, focused on Housing, Shelter causes , specifically Housing Development, Construction, Management. Established in June 2024, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $768,825.00, this ranks 243,206 among 2,656,690 nonprofits nationally (Top 10%), demonstrating substantial financial capacity relative to its peers. At the state level, it stands at 6,379 out of 79,991 organizations in MI (Top 8%).
In wayne county, MI, the organization ranks 1,091 out of 13,625 nonprofits by assets (Top 8%), while locally in detroit, it stands at 669 among 6,749 organizations (Top 10%).
The organization reported annual revenue of $120,198.00, ranking 364,647 nationally (Top 14%) and 10,090 in MI (Top 13%).
Within its specific NTEE classification (L20 - L: Housing, Shelter), which includes 6,518 similar organizations, FOSTERS SOLUTIONS ranks 1,817 in assets (Top 28%) and 1,873 in revenue (Top 29%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2018 and was reinstated on May 15, 2018 .
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
L: Housing, Shelter
NTEE CODE
L20: Housing Development, Construction, Management
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Revoked: Tuesday, May 15, 2018;
Reinstated: Tuesday, May 15, 2018
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
5: $500,000 to $999,999
INCOME AMOUNT
$544,816.00
FORM 990 REVENUE AMOUNT
$120,198.00
RULING DATE
06/2024
ASSET CODE
5: $500,000 to $999,999
ASSET AMOUNT
$768,825.00
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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