MISSION
Serve individuals within social and economic disadvantaged communities by providing free and low-cost trading training and education services.
DEMOGRAPHIC
ADDRESS
1600 BUTTONWOOD CIR APT 3313
60173
COUNTY
cook county, IL
IN CARE OF NAME
WILLIAM PENMAN
ORGANIZATIONAL OVERVIEW & RANKINGS
INSPIRE TRADING INCORPORATED is a based in SCHAUMBURG, 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 2,569,254 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 86,146 out of 106,037 organizations in IL (Top 82%).
In cook county, IL, the organization ranks 36,273 out of 46,103 nonprofits by assets (Top 79%), while locally in schaumburg, it stands at 638 among 643 organizations (Top 100%).
The organization reported no revenue in the most recent filing period, placing it at 2,034,498 nationally and 94,953 in IL.
Within its specific NTEE classification ( - N/A), which includes 781,348 similar organizations, INSPIRE TRADING INCORPORATED ranks 777,073 in assets (Top 100%) and 534,915 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
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: 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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