Marketplace Literacy Project in Champaign, Illinois (IL)

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Marketplace Literacy Project
Employer Identification Number (EIN)571179842
Name of OrganizationMarketplace Literacy Project
In Care of NameMadhubalan Viswanathan
Address3513 Cypress Creek Road, Champaign, IL 61822
Websitehttp://www.marketplaceliteracy.org
SubsectionCharitable Organization
Ruling Date10/2004
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$355
Amount of Income$2,375
Form 990 Revenue Amount$2,375
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Humanities Organizations


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Amount of income in 2014: $2,375 (it was $0 in 2012)
This organization: 

 $2,375
Other organizations performing similar types of work: 

 $58,064

Assets in 2014: $355 (it was $0 in 2012)
This organization: 

 $355
Other organizations performing similar types of work: 

 $31,483

Expenses in 2010: $3,027
Marketplace Literacy Project: 

 $3,027
Other organizations performing similar types of work: 

 $49,504

Income to expenses ratio in 2010: 0.8
Marketplace Literacy Project: 

 0.8
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2010: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 63.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2010)
Total revenue$2,375
Contributions, gifts, grants, and similar amounts received$2,375
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$3,027
Total net assets$355
Deficit for the year$-652
Net assets or fund balances at beginning of year$1,007
Other changes in net assets or fund balances$0
Balance Sheets (for 2010)
Total assets$355
Total liabilities$0
Net assets or fund balances$355
Other Information (for 2010)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2010)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2010)
2006 - 2010 Total
Total support$5,770
Gifts, grants, contributions, and membership fees received$5,770
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Henryk Sienkiewicz Polish School Nfp5641 S 73rd Ave, Summit, IL 60501-1363IL2014-09$187,045
2Urantia Association International559 W Diversey Pky No 351, Chicago, IL 60614-7640IL2007-08$114,294
3Project Sycamore A Nfp Corporation, Sycamore Trust1250 N Dearborn St 17 E, Chicago, IL 60610IL2007-08$91,278
4Czech Heritage Inc, Divadlo Bohemia6238 W Addison St, Chicago, IL 60634-4101IL2010-01$34,387
5Tulip Nfp548 Mayfair Ln, Naperville, IL 60565-5387IL2003-01$30,552
6Midwest Chinese Language School Association327 Millcreek Ln, Naperville, IL 60540-8292IL2009-04$14,467
7Uttar Pradesh Association Of Greater Chicago Inc3934 Heinz Dr, Aurora, IL 60504-5376IL2012-03$9,526
8Marketplace Literacy Project3513 Cypress Creek Road, Champaign, IL 61822IL2004-10$2,375
9Living Legacy Farmstead Incorporated3759 N 900 Blvd, Mount Carmel, IL 62863IL2005-07$1,368
10One Village Nfp7944 South Oglesby Avenue, Chicago, IL 60617IL2004-01$1
11American Hegel Society Inc, Hegel Society Of America1032 West Sheridan Rd, Chicago, IL 60660IL2013-01$0
12Antinoupolis Foundation Inc4522 S Mcdowell Ave, Chicago, IL 60609IL2012-06$0
13Ariston FoundationPo Box 46064, Chicago, IL 60646IL2014-08$0
14Beacon Society16w603 3rd Ave, Bensenville, IL 60106IL2010-06$0
15Blue Island Public Library Foundation2433 York St, Blue Island, IL 60406-2011IL1996-04$0
16Boone County Jail MinistryPo Box 622, Belvidere, IL 61008IL2000-01$0
17Chicago Classical Club Inc2327 Lawndale, Evanston, IL 60201IL2010-02$0
18Chimera Inc1531 Wilder Street, Evanston, IL 60202IL1997-12$0
19Doorstep Project Inc550 Northern Lane, Dekalb, IL 60115IL2013-06$0
20Evanston Writers WorkshopPo Box 6322, Evanston, IL 60204IL2011-04$0
Number of organizations performing similar types of work
Alaska6
Alabama18
Arkansas6
Arizona22
California253
Colorado35
Connecticut25
District of Columbia16
Delaware9
Florida82
Georgia34
Hawaii14
Iowa10
Idaho6
Illinois57
Indiana16
Kansas7
Kentucky10
Louisiana11
Massachusetts41
Maryland34
Maine13
Michigan29
Minnesota21
Missouri28
Mississippi6
Montana7
North Carolina39
North Dakota1
Nebraska6
New Hampshire10
New Jersey43
New Mexico18
Nevada9
New York140
Ohio34
Oklahoma12
Oregon33
Pennsylvania51
Rhode Island6
South Carolina10
South Dakota3
Tennessee16
Texas91
Utah13
Virginia41
Vermont7
Washington41
Wisconsin20
West Virginia3
Wyoming2
International3
Total1,468

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