IOTA FOUNDATION
CHICAGO,
Illinois,
60641
EIN: 20-0184846
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
2936 N LONG AVE
60641
COUNTY
cook county, IL
IN CARE OF NAME
DAMON MAGNUSKI
ORGANIZATIONAL OVERVIEW & RANKINGS
IOTA FOUNDATION is a based in CHICAGO, IL, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in December 2003, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,396,583 among 2,656,690 nonprofits nationally (Top 53%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 47,697 out of 106,037 organizations in IL (Top 45%).
In cook county, IL, the organization ranks 18,060 out of 46,103 nonprofits by assets (Top 40%), while locally in chicago, it stands at 16,998 among 28,197 organizations (Top 61%).
The organization reported no revenue in the most recent filing period, placing it at 1,226,965 nationally and 55,470 in IL.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, IOTA FOUNDATION ranks 19,701 in assets (Top 62%) and 9,420 in revenue (Top 30%).
Note: This organization's tax-exempt status was temporarily revoked on December 15, 2016 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a June 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
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
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
1: Unconditional Exemption
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Thursday, December 15, 2016;
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
07/2013
ACCOUNTING PERIOD
07
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
12/2003
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
