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Nonprofit · EIN 05-0494286

RM2 FOUNDATION

Tax-exempt · N KINGSTOWN, RI 02852

Financials

$187K$351K2022$235K$248K2023
Revenue Expenses · by fiscal year end
Financials of RM2 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990-PF$235,281$248,047-$12,766$1,212,724$0$1,212,724
November 30, 2023990-PF$186,997$351,325-$164,328$1,225,490$0$1,225,490
Financial details: 990-PF for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$43,208
Dividends
$1,050
Interest
$22
Net rental income
$109,495
Net gain from sales of assets
$3,514

Expenses

Grants and similar amounts paid
$170,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$170,000
Excise tax on investment income
$1,585

Balance sheet and other

Total assets, start of year
$1,225,490
Total assets, end of year
$1,212,724
Total liabilities, end of year
$0
Net assets, end of year
$1,212,724
Fair market value of assets
$1,217,102
Qualifying distributions
$170,000
Net investment income
$192,073

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
MARC PERLMAN
180 SHADY COVE ROAD, NORTH KINGSTOWN, RI 02852
TRUSTEE0.25$0
CLAIRE PERLMAN
180 SHADY COVE ROAD, NORTH KINGSTOWN, RI 02852
TRUSTEE0.25$0
990-PF for the year ended November 30, 2023: 2 people
NameTitleHours / weekCompensation
MARC PERLMAN
180 SHADY COVE ROAD, NORTH KINGSTOWN, RI 02852
TRUSTEE0.25$0
CLAIRE PERLMAN
180 SHADY COVE ROAD, NORTH KINGSTOWN, RI 02852
TRUSTEE0.25$0

Address and contacts

Address (IRS master file)
375 COMMERCE PARK RD, N KINGSTOWN, RI 02852-8420
In care of
% MARC PERLMAN
Signed the 990-PF
MARC PERLMAN, TRUSTEE
Phone
(401) 295-2672
Return prepared by
OCEAN STATE JOBBERS INC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990-PF on file
2022November 30, 2023April 15, 2024990-PF on file

IRS record

EIN
05-0494286
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1997
Accounting year ends
November
Files
Form 990-PF
Assets (IRS master file)
$1,212,724
Income (IRS master file)
$235,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2024$235,281$248,047$1,212,724XML
990-PFNovember 2023$186,997$351,325$1,225,490XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––IRS
990-PFNovember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 05-0494286).

Questions about RM2 FOUNDATION

What is the EIN of RM2 FOUNDATION?
The employer identification number (EIN) of RM2 FOUNDATION is 05-0494286.
Is RM2 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to RM2 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does RM2 FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RM2 FOUNDATION due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RM2 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended November 2024.
Who are the officers and directors of RM2 FOUNDATION?
The 990-PF for the year ended November 30, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does RM2 FOUNDATION have?
On its 990-PF for the year ended November 30, 2024 it reported revenue of $235,281, expenses of $248,047 and total assets of $1,212,724 at year end.

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