Nonprofit · EIN 38-3306198
THE RONES FOUNDATION
Tax-exempt · W BLOOMFIELD, MI 48322
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $95,387 | $178,769 | -$83,382 | $1,047,226 | $0 | $1,047,226 |
| December 31, 2023 | 990-PF | $69,442 | $207,554 | -$138,112 | $1,130,608 | $0 | $1,130,608 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $31,112
- Interest
- $5,385
- Net gain from sales of assets
- $57,044
- Other income
- $1,844
Expenses
- Grants and similar amounts paid
- $159,615
- Disbursements for charitable purposes
- $159,615
- Excise tax on investment income
- $1,326
Balance sheet and other
- Total assets, start of year
- $1,130,608
- Total assets, end of year
- $1,047,226
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,047,226
- Fair market value of assets
- $1,492,604
- Qualifying distributions
- $159,615
- Net investment income
- $95,387
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONA RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
| TODD I RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
| JONATHON L RONES 1011 SO VALENCIA 29, DENVER, CO 80247 | TRUSTEE | 5 | $4,000 |
| JACQUELINE TAYLOR-RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
990-PF for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RONA RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
| TODD I RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
| JONATHON L RONES 1011 SO VALENCIA 29, DENVER, CO 80247 | TRUSTEE | 5 | $4,000 |
| JACQUELINE TAYLOR-RONES 5806 MILL POND CT, WEST BLOOMFIELD, MI 48322 | TRUSTEE | 5 | $4,000 |
Address and contacts
- Address (IRS master file)
- 5806 MILL POND CT, W BLOOMFIELD, MI 48322-2078
- Signed the 990-PF
- RONA RONES, TRUSTEE
- Phone
- (248) 444-8147
- Return prepared by
- BUSHMAN & CERRITO PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 38-3306198
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22Z)
- Assets (IRS master file)
- $1,047,226
- Income (IRS master file)
- $959,711
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $95,387 | $178,769 | $1,047,226 | XML |
| 990-PF | December 2023 | $69,442 | $207,554 | $1,130,608 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2019 | – | – | – | IRS |
| 990-PF | December 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 38-3306198).
Questions about THE RONES FOUNDATION
- What is the EIN of THE RONES FOUNDATION?
- The employer identification number (EIN) of THE RONES FOUNDATION is 38-3306198.
- Is THE RONES FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to THE RONES FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE RONES FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE RONES FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RONES FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE RONES FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 4 received compensation from the organization, the highest $4,000 (RONA RONES, TRUSTEE).
- How much revenue does THE RONES FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $95,387, expenses of $178,769 and total assets of $1,047,226 at year end.
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All nonprofits in W BLOOMFIELD · Michigan · Philanthropy, voluntarism and grantmaking foundations