MISSION
The purpose of the organization is to create opportunities, implement programs and provide resources that will enhance the quality-of-life for black children, adults, and families.
SANKOFAEXCHANGE.ORGDEMOGRAPHIC
ADDRESS
803 KRAUSE AVE
60107
COUNTY
cook county, IL
IN CARE OF NAME
LASHAUNDA JORDAN
ORGANIZATIONAL OVERVIEW & RANKINGS
SANKOFA EXCHANGE INC is a based in STREAMWOOD, IL, focused on Youth Development causes , specifically Youth Development Programs, Other. Established in August 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,209,974 among 2,656,690 nonprofits nationally (Top 46%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 49,210 out of 106,037 organizations in IL (Top 47%).
In cook county, IL, the organization ranks 32,556 out of 46,103 nonprofits by assets (Top 71%), while locally in streamwood, it stands at 57 among 119 organizations (Top 38%).
The organization reported no revenue in the most recent filing period, placing it at 1,100,822 nationally and 59,840 in IL.
Within its specific NTEE classification (O50 - O: Youth Development), which includes 37,455 similar organizations, SANKOFA EXCHANGE INC ranks 20,309 in assets (Top 55%) and 17,015 in revenue (Top 46%).
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. Additional information can be found at SANKOFAEXCHANGE.ORG.
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
O50: Youth Development Programs, Other
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
12/2021
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
08/2021
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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