Formula Elite Inc

Formula Elite Inc is a charitable organization (also an educational organization) in Chatsworth, California. Its tax id (EIN) is 46-5191204. It was granted tax-exempt status by IRS in November, 2015. For detailed information such as income and other financial data of Formula Elite Inc, refer to the following table.


Profile of Formula Elite Inc

Organization Name Formula Elite Inc
Tax Id (EIN)46-5191204
Address 9340 Penfield Ave, Chatsworth, CA 91311-6550
All tax-exempt organizations in zip code 91311
Tax PeriodAssetIncomeRevenue
December, 2015$0$0$0
December, 2016$0$0$0
December, 2017$0$0$0
December, 2018$0$0$0
December, 2019$0$0$0
December, 2020$1$43,636$43,636
IRS Exempt Status Ruling Date November, 2015
Exempt Status Unconditional Exemption
Deductibility Contributions are deductible
Tax Exempt Classification Recreation, Sports, Leisure, Athletics
Tax Exempt Activity Basketball
NTEE CodeN62
Foundation Type 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)
Organization Type Corporation
Organization Classification Charitable Organization
Affiliation Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Primary Return(s) Required to File 990 - Required to file Form 990-N - Income less than $25,000 per year
Private Foundation Filing Requirement No need to 990-PF return
Asset Range Reported on Form 990$1 to 9,999
Income Range Reported on Form 990$25,000 to 99,999
Accounting Period 12