MICHAEL A PARAS FOUNDATION
LAFOX,
Illinois,
60147
EIN: 81-2409495
Educational Institutions and Related Activities
DEMOGRAPHIC
ADDRESS
PO BOX 200
60147
COUNTY
kane county, IL
IN CARE OF NAME
JOE DEMIKE
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL A PARAS FOUNDATION is a based in LAFOX, IL, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in May 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $43,305.00, this ranks 589,628 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 24,988 out of 106,037 organizations in IL (Top 24%).
In kane county, IL, the organization ranks 678 out of 2,940 nonprofits by assets (Top 23%), while locally in lafox, it stands at 5 among 7 organizations (Top 5%).
The organization reported annual revenue of $3,335.00, ranking 612,816 nationally (Top 24%) and 24,427 in IL (Top 24%).
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, MICHAEL A PARAS FOUNDATION ranks 7,742 in assets (Top 25%) and 6,394 in revenue (Top 20%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2021 .
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
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: Saturday, May 15, 2021;
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
12/2017
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$3,335.00
FORM 990 REVENUE AMOUNT
$3,335.00
RULING DATE
05/2017
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$43,305.00
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.
