Receiving donations through events and social media to provide scholarship funds for college students in need.
MICHAEL HOLMES SCHOLARSHIP FOUNDATION INC is a based in KANKAKEE, IL, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in October 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,573,781 among 2,656,690 nonprofits nationally (Top 97%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 79,192 out of 106,037 organizations in IL (Top 75%).
In kankakee county, IL, the organization ranks 546 out of 738 nonprofits by assets (Top 73%), while locally in kankakee, it stands at 256 among 285 organizations (Top 86%).
The organization reported no revenue in the most recent filing period, placing it at 2,046,423 nationally and 98,184 in IL.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, MICHAEL HOLMES SCHOLARSHIP FOUNDATION INC ranks 29,008 in assets (Top 91%) and 30,862 in revenue (Top 97%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2024 .
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
IRS STATEMENT:
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mean the organization is currently revoked, as they may have been reinstated."
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