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FOUNDATION OF FINANCIAL ASSURANCE

CHICAGO, Illinois, 60619

EIN: 46-1921502

Community Improvement, Capacity Building

MISSION

TO PROVIDE THE PUBLIC WITH A WORKING KNOWLEDGE OF WEALTH CREATION AND WEALTH BUILDING OPPORTUNITIES WITHIN THE COMMUNITY

 FORM 1023-EZ for FOUNDATION OF FINANCIAL ASSURANCE

DEMOGRAPHIC

ADDRESS
8253 S WOODLAWN AVE
60619
COUNTY
cook county, IL
IN CARE OF NAME
FINANCIAL ASSURANCE FOUNDATION

ORGANIZATIONAL OVERVIEW & RANKINGS

FOUNDATION OF FINANCIAL ASSURANCE is a based in CHICAGO, IL, focused on Community Improvement, Capacity Building causes , specifically Community, Neighborhood Development, Improvement (General). Established in October 2018, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,224,131 among 2,656,690 nonprofits nationally (Top 47%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 59,200 out of 106,037 organizations in IL (Top 56%).

In cook county, IL, the organization ranks 26,942 out of 46,103 nonprofits by assets (Top 59%), while locally in chicago, it stands at 11,678 among 28,197 organizations (Top 42%).

The organization reported no revenue in the most recent filing period, placing it at 1,112,593 nationally and 62,444 in IL.

Within its specific NTEE classification (S20 - S: Community Improvement, Capacity Building), which includes 19,834 similar organizations, FOUNDATION OF FINANCIAL ASSURANCE ranks 11,498 in assets (Top 58%) and 11,604 in revenue (Top 59%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2016 and was reinstated on October 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
S: Community Improvement, Capacity Building
NTEE CODE
S20: Community, Neighborhood Development, Improvement (General)
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

Note: A past revocation appears on the IRS revocation list
Revoked: Sunday, May 15, 2016;
Reinstated: Monday, October 15, 2018
Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2018
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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