MISSION
JOHN SKOUBIS
DEMOGRAPHIC
ADDRESS
1990 E ALGONQUIN 230
60173
COUNTY
cook county, IL
IN CARE OF NAME
JOHN N SKOUBIS
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL SKOUBIS FOUNDATION is a based in SCHAUMBURG, IL, focused on Youth Development causes , specifically Fund Raising and/or Fund Distribution. Established in November 2016, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $87,992.00, this ranks 510,398 among 2,656,690 nonprofits nationally (Top 20%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 21,875 out of 106,037 organizations in IL (Top 21%).
In cook county, IL, the organization ranks 10,666 out of 46,103 nonprofits by assets (Top 24%), while locally in schaumburg, it stands at 193 among 643 organizations (Top 28%).
The organization reported annual revenue of $23,456.00, ranking 555,624 nationally (Top 21%) and 21,808 in IL (Top 21%).
Within its specific NTEE classification (O12 - O: Youth Development), which includes 3,600 similar organizations, MICHAEL SKOUBIS FOUNDATION ranks 214 in assets (Top 6%) and 372 in revenue (Top 11%).
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
O: Youth Development
NTEE CODE
O12: Fund Raising and/or Fund Distribution
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
3: $25,000 to $99,999
INCOME AMOUNT
$41,524.00
FORM 990 REVENUE AMOUNT
$23,456.00
RULING DATE
11/2016
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$87,992.00
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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