LAURUS FOUNDATION
LINCOLNSHIRE,
Illinois,
60069
EIN: 26-0699221
Philanthropy, Voluntarism and Grantmaking Foundations
DEMOGRAPHIC
ADDRESS
11 CAMBRIDGE LN
60069
COUNTY
lake county, IL
IN CARE OF NAME
JOHN UDEL HOFTEN
ORGANIZATIONAL OVERVIEW & RANKINGS
LAURUS FOUNDATION is a based in LINCOLNSHIRE, IL, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in February 2008, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $335.00, this ranks 774,176 among 2,656,690 nonprofits nationally (Top 30%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 32,692 out of 106,037 organizations in IL (Top 31%).
In lake county, IL, the organization ranks 1,883 out of 4,992 nonprofits by assets (Top 38%), while locally in lincolnshire, it stands at 62 among 125 organizations (Top 37%).
The organization reported no revenue in the most recent filing period, placing it at 1,887,255 nationally and 96,312 in IL.
Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, LAURUS FOUNDATION ranks 22,459 in assets (Top 88%) and 25,237 in revenue (Top 99%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2019 .
The organization files a 990 - Not required to file(all other) 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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2019;
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
12/2015
ACCOUNTING PERIOD
12
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$16,606.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
02/2008
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$335.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
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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