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FRANKLIN YOUTH BASKETBALL DEVELOPMENT

CHICAGO, Illinois, 60680

EIN: 84-4909474

Recreation, Sports, Leisure, Athletics

MISSION

The purpose of this organization is to train and educate young athletes with the necessary skills that develops them into fundamentally sound players. These skills will prepare them on and off the court physically, mentally, and emotionally in life.

 FORM 1023-EZ for FRANKLIN YOUTH BASKETBALL DEVELOPMENT

N/A

DEMOGRAPHIC

ADDRESS
433 W HARRISON NUM 805821
60680
COUNTY
cook county, IL
IN CARE OF NAME
NA

ORGANIZATIONAL OVERVIEW & RANKINGS

FRANKLIN YOUTH BASKETBALL DEVELOPMENT is a based in CHICAGO, IL, focused on Recreation, Sports, Leisure, Athletics causes , specifically Basketball. Established in November 2023, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,475,923 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 83,055 out of 106,037 organizations in IL (Top 79%).

In cook county, IL, the organization ranks 35,108 out of 46,103 nonprofits by assets (Top 77%), while locally in chicago, it stands at 20,304 among 28,197 organizations (Top 72%).

The organization reported no revenue in the most recent filing period, placing it at 2,118,719 nationally and 81,278 in IL.

Within its specific NTEE classification (N62 - N: Recreation, Sports, Leisure, Athletics), which includes 5,574 similar organizations, FRANKLIN YOUTH BASKETBALL DEVELOPMENT ranks 5,312 in assets (Top 96%) and 5,257 in revenue (Top 95%).

Note: This organization's tax-exempt status was temporarily revoked on September 15, 2022 and was reinstated on September 15, 2022 .

The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a July fiscal year. Additional information can be found at N/A.

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
N: Recreation, Sports, Leisure, Athletics
NTEE CODE
N62: Basketball
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Thursday, September 15, 2022;
Reinstated: Thursday, September 15, 2022
Data current as of Oct. 2024
TAX PERIOD
N/A
ACCOUNTING PERIOD
08
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
11/2023
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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