GRASP FOUNDATION INC
LIBERTYVILLE,
Illinois,
60048
EIN: 82-2466641
Educational Institutions and Related Activities
MISSION
SARA PARVINIAN
GRASPFOUNDATION.ORGDEMOGRAPHIC
ADDRESS
1012 WELLINGTON AVE
60048
COUNTY
lake county, IL
IN CARE OF NAME
SARA PARVINIAN
ORGANIZATIONAL OVERVIEW & RANKINGS
GRASP FOUNDATION INC is a based in LIBERTYVILLE, IL, focused on Educational Institutions and Related Activities causes , specifically Alliance/Advocacy Organizations. Established in September 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,715,426 among 2,656,690 nonprofits nationally (Top 65%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 36,497 out of 106,037 organizations in IL (Top 35%).
In lake county, IL, the organization ranks 2,080 out of 4,992 nonprofits by assets (Top 42%), while locally in libertyville, it stands at 271 among 324 organizations (Top 83%).
The organization reported no revenue in the most recent filing period, placing it at 895,547 nationally and 48,253 in IL.
Within its specific NTEE classification (B01 - B: Educational Institutions and Related Activities), which includes 6,245 similar organizations, GRASP FOUNDATION INC ranks 4,538 in assets (Top 73%) and 2,328 in revenue (Top 37%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2022 .
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 GRASPFOUNDATION.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
B: Educational Institutions and Related Activities
NTEE CODE
B01: Alliance/Advocacy Organizations
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: Sunday, May 15, 2022;
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
12/2018
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
09/2017
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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