MISSION
No activity as of yet 1st function will be a raffle to raise funds on April 25th 2021. Give kids an opportunity for something other than gangs and violence. Secure housing for the homeless. To give the kids the opportunity to learn trade skills.
DEMOGRAPHIC
ADDRESS
1627 N LONG AVE
60639
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
GRACE MEMORIAL SPORTS FOUNDATION is a based in CHICAGO, IL, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in July 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,823,408 among 2,656,690 nonprofits nationally (Top 69%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 78,737 out of 106,037 organizations in IL (Top 75%).
In cook county, IL, the organization ranks 20,007 out of 46,103 nonprofits by assets (Top 44%), while locally in chicago, it stands at 17,448 among 28,197 organizations (Top 62%).
The organization reported no revenue in the most recent filing period, placing it at 777,492 nationally and 28,761 in IL.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, GRACE MEMORIAL SPORTS FOUNDATION ranks 28,494 in assets (Top 77%) and 25,462 in revenue (Top 68%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
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
O: Youth Development
NTEE CODE
O50: Youth Development Programs, Other
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 current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2024;
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
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
07/2021
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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