JAKE FORSMAN MEMORIAL SCHOLARSHIP
ELY,
Minnesota,
55731
EIN: 82-1581992
Educational Institutions and Related Activities
MISSION
Provide scholarships for students from the Ely, Babbitt, and Tower area pursuing a career in the blue collar trades through full time courses a vocational/technical college.
DEMOGRAPHIC
ADDRESS
641 E CAMP ST
55731
COUNTY
saint louis county, MN
IN CARE OF NAME
ALBERT FORSMAN
ORGANIZATIONAL OVERVIEW & RANKINGS
JAKE FORSMAN MEMORIAL SCHOLARSHIP is a based in ELY, MN, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in April 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,145,676 among 2,656,690 nonprofits nationally (Top 44%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 33,418 out of 53,624 organizations in MN (Top 63%).
In saint louis county, MN, the organization ranks 1,666 out of 2,231 nonprofits by assets (Top 75%), while locally in ely, it stands at 52 among 153 organizations (Top 26%).
The organization reported no revenue in the most recent filing period, placing it at 1,728,724 nationally and 34,531 in MN.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, JAKE FORSMAN MEMORIAL SCHOLARSHIP ranks 16,258 in assets (Top 51%) and 11,328 in revenue (Top 36%).
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
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
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2020
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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