PHERO
MINNEAPOLIS,
Minnesota,
55408
EIN: 82-0744905
Philanthropy, Voluntarism and Grantmaking Foundations
MISSION
FEMI OGUNRO
DEMOGRAPHIC
ADDRESS
2751 HENNEPIN AVE STE 30
55408
COUNTY
hennepin county, MN
IN CARE OF NAME
STEVEN OGUNRO
ORGANIZATIONAL OVERVIEW & RANKINGS
PHERO is a based in MINNEAPOLIS, MN, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Voluntarism Promotion. Established in March 2017, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 2,372,063 among 2,656,690 nonprofits nationally (Top 90%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 48,936 out of 53,624 organizations in MN (Top 92%).
In hennepin county, MN, the organization ranks 12,070 out of 13,125 nonprofits by assets (Top 92%), while locally in minneapolis, it stands at 5,304 among 6,505 organizations (Top 82%).
The organization reported no revenue in the most recent filing period, placing it at 2,196,110 nationally and 48,881 in MN.
Within its specific NTEE classification (T40 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 1,281 similar organizations, PHERO ranks 1,230 in assets (Top 96%) and 1,230 in revenue (Top 96%).
Note: This organization's tax-exempt status was temporarily revoked on May 15, 2020 .
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
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T40: Voluntarism Promotion
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
Note: A current revocation appears on the IRS revocation list
Revoked: Friday, May 15, 2020;
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
N/A
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
03/2017
ASSET CODE
N/A
ASSET AMOUNT
$0.00
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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