MICHAEL W SCHMIDT FOUNDATION INC
DETROIT,
Michigan,
48275
EIN: 81-5198525
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
MICHAEL SCHMIDT
DEMOGRAPHIC
ADDRESS
PO BOX 7500
48275
COUNTY
wayne county, MI
IN CARE OF NAME
MICHAEL W SCHMIDT
ORGANIZATIONAL OVERVIEW & RANKINGS
MICHAEL W SCHMIDT FOUNDATION INC is a based in DETROIT, MI, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Grantmaking Foundations. Established in March 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $926.00, this ranks 763,251 among 2,656,690 nonprofits nationally (Top 29%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 20,911 out of 79,991 organizations in MI (Top 27%).
In wayne county, MI, the organization ranks 3,343 out of 13,625 nonprofits by assets (Top 25%), while locally in detroit, it stands at 1,650 among 6,749 organizations (Top 25%).
The organization reported no revenue in the most recent filing period, placing it at 1,889,955 nationally and 57,807 in MI.
Within its specific NTEE classification (T20 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 31,185 similar organizations, MICHAEL W SCHMIDT FOUNDATION INC ranks 25,832 in assets (Top 83%) and 28,686 in revenue (Top 92%).
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
T20: Private Grantmaking Foundations
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$1.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2017
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$926.00
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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