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MISSION

DEMOGRAPHIC

ADDRESS
2635 GIRARD AVE S
55408
COUNTY
hennepin county, MN
IN CARE OF NAME
HEATHER GOSERUD

ORGANIZATIONAL OVERVIEW & RANKINGS

FUTURENOW FOUNDATION is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.. Established in April 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 1,308,820 among 2,656,690 nonprofits nationally (Top 50%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 25,521 out of 53,624 organizations in MN (Top 48%).

In hennepin county, MN, the organization ranks 5,330 out of 13,125 nonprofits by assets (Top 41%), while locally in minneapolis, it stands at 4,165 among 6,505 organizations (Top 64%).

The organization reported no revenue in the most recent filing period, placing it at 1,212,151 nationally and 14,710 in MN.

Within its specific NTEE classification (T99 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 3,590 similar organizations, FUTURENOW FOUNDATION ranks 2,170 in assets (Top 61%) and 1,309 in revenue (Top 37%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .

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. Additional information can be found at HTTP://THEFUTURENOWFOUNDATION.ORG.

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
T99: Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.
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 current revocation appears on the IRS revocation list
Revoked: Saturday, May 15, 2021;

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 Jan. 2021
TAX PERIOD
12/2017
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2017
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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