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THE JIM ACONE FOUNDATION

WINTHROP, Massachusetts, 02152

EIN: 81-5269093

Educational Institutions and Related Activities

MISSION

THE PURPOSE OF THIS CORPORATION IS TO SUPPORT FURTHER EDUCATION OF HIGH SCHOOL STUDENTS ENROLLED IN HIGHER EDUCATION IN THE FIELD OF ELECTRICAL ENGINEERING, OR IN A TRADE SCHOOL WITH EMPHASIS ON HVAC , ELECTRICAL, OR PLUMBING.

 FORM 1023-EZ for THE JIM ACONE FOUNDATION

DEMOGRAPHIC

ADDRESS
3 SEAL HARBOR RD APT 547
02152
COUNTY
suffolk county, MA
IN CARE OF NAME
MARY ELLEN ACONE

ORGANIZATIONAL OVERVIEW & RANKINGS

THE JIM ACONE FOUNDATION is a based in WINTHROP, MA, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $31,158.00, this ranks 619,909 among 2,656,690 nonprofits nationally (Top 24%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 20,167 out of 58,562 organizations in MA (Top 35%).

In suffolk county, MA, the organization ranks 4,010 out of 8,887 nonprofits by assets (Top 46%), while locally in winthrop, it stands at 26 among 108 organizations (Top 18%).

The organization reported no revenue in the most recent filing period, placing it at 648,545 nationally and 28,522 in MA.

Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, THE JIM ACONE FOUNDATION ranks 8,240 in assets (Top 26%) and 21,215 in revenue (Top 67%).

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
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
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.

Data current as of Apr. 2024
TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2020
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$31,158.00
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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