MISSION
To create an equal playing field for all first-generation post-graduate students. We aim to help all first-generation students to pursue a postgraduate education by providing representation, resilience, and resources.
DEMOGRAPHIC
ADDRESS
1000 S CLARK STREET
60605
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
GENERATION NOW FOUNDATION is a based in CHICAGO, IL . Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,569,067 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 86,125 out of 106,037 organizations in IL (Top 82%).
In cook county, IL, the organization ranks 36,257 out of 46,103 nonprofits by assets (Top 79%), while locally in chicago, it stands at 25,616 among 28,197 organizations (Top 91%).
The organization reported no revenue in the most recent filing period, placing it at 2,034,311 nationally and 94,932 in IL.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, GENERATION NOW FOUNDATION ranks 777,053 in assets (Top 100%) and 534,895 in revenue (Top 69%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2023 .
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
N/A
NTEE CODE
N/A
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: Monday, May 15, 2023;
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.
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2020
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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