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Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
Pulling IRS BMF, Form 990 filings, peer benchmarks, programs, people, and grants.
DBA: N/A
No longer tax-exempt — automatically revoked by the IRS
The IRS automatically revoked this organization’s federal tax-exempt status (typically for failing to file a Form 990 for three consecutive years). It is no longer in the IRS Exempt Organizations Master File or Pub 78, and contributions are not currently tax-deductible. Everything below is historical, from its last filed Form 990 (FY2021).
EIN 27-2573390 · Snapshot of IRS recognition, filing currency, financial health, and governance.
Polar Merchandise LLC under the umbrella of Polar Enterprises, LLC, was established in 2009/2010 academic year to sell promotional items with Ohio Northern University's and associated colleges' logos to various student and campus organizations. Polar Merchandise "employed" for the 2021-2022 academic year are 1 CEO, 1 CFO, 1 accountant, 1 graphic designer, and 4 sales reps. All positions are held by ONU students. They manage and operate the student-run business under the Polar Enterprises umbrella with the support and mentoring of the Dicke College of Business faculty. This experience exposes students to all aspects of starting and running an entrepreneurial business. It provides students with practical application of classroom materials in a supportive environment. Students will have an enhanced understanding of entrepreneurship, while improving applied business knowledge through running a small business with fellow students, faculty, customers, and local businesses.
Total Revenue
$1K
FY2021
Total Expenses
$1K
FY2021
Net Assets
$16K
Program Ratio
—
expenses on programs
Employees
—
Volunteers
—
Board Members
—
Voting
—
Independent
8 answers compiled from IRS Form 990, BMF, Pub 78, and the Auto-Revocation List.