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MISSION

NAICS 5417, SIC 8733 Nonprofit Research Organization, Inherent Drive Inc conducts research in the field of engineering in which mathematical and scientific principles are applied to solve a wide variety of practical problems.

 FORM 1023-EZ for INHERENT DRIVE INC

DEMOGRAPHIC

ADDRESS
PO BOX 7551
60154
COUNTY
cook county, IL
IN CARE OF NAME
SAMUEL SENTONGO

ORGANIZATIONAL OVERVIEW & RANKINGS

INHERENT DRIVE INC is a based in WESTCHESTER, IL, focused on Science and Technology Research Institutes, Services causes , specifically Engineering. Established in March 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $0.00, this ranks 2,488,620 among 2,656,690 nonprofits nationally (Top 94%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 78,997 out of 106,037 organizations in IL (Top 75%).

In cook county, IL, the organization ranks 36,659 out of 46,103 nonprofits by assets (Top 80%), while locally in westchester, it stands at 148 among 167 organizations (Top 81%).

The organization reported no revenue in the most recent filing period, placing it at 2,212,794 nationally and 97,989 in IL.

Within its specific NTEE classification (U42 - U: Science and Technology Research Institutes, Services), which includes 170 similar organizations, INHERENT DRIVE INC ranks 151 in assets (Top 81%) and 144 in revenue (Top 74%).

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
U: Science and Technology Research Institutes, Services
NTEE CODE
U42: Engineering
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: 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.

Data current as of Apr. 2024
TAX PERIOD
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2021
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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