Nonprofit · EIN 39-1657654
RATH FOUNDATION INC
Tax-exempt · JANESVILLE, WI 53547
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,636,294 | $1,967,394 | -$331,100 | $18,689,417 | $0 | $18,689,417 |
| December 31, 2023 | 990-PF | $1,312,871 | $1,160,461 | $152,410 | $17,842,939 | $0 | $17,842,939 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $274,802
- Interest
- $71,067
- Net gain from sales of assets
- $1,290,425
Expenses
- Grants and similar amounts paid
- $1,615,788
- Compensation of officers, directors and key employees
- $274,000
- Disbursements for charitable purposes
- $1,697,797
- Excise tax on investment income
- $19,035
Balance sheet and other
- Total assets, start of year
- $17,842,939
- Total assets, end of year
- $18,689,417
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,689,417
- Fair market value of assets
- $18,689,417
- Qualifying distributions
- $1,697,797
- Net investment income
- $1,619,996
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 |
|---|---|---|---|
| KATE M FLEMING 100 E WISCONSIN AVE, MILWAUKEE, WI 53202 | PRESIDENT AND SECRETARY | 15 | $100,000 |
| JAMES R SANGER PO BOX 1990, JANESVILLE, WI 53547 | VICE PRES. AND TREASURER | 2 | $58,000 |
| ROBERT DODSON 16111 CANARY AVE, LA MIRADA, CA 90638 | VICE PRES. | 2 | $58,000 |
| KARA SANGER-JOHNSON PO BOX 80, JANESVILLE, WI 53547 | VICE PRES. | 2 | $58,000 |
| TIMOTHY G SCHALLY 790 N WATER ST SUITE 2500, MILWAUKEE, WI 53202 | ASSISTANT SECRETARY | 2 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATE M FLEMING 100 E WISCONSIN AVE, MILWAUKEE, WI 53202 | PRESIDENT AND SECRETARY | 15 | $100,000 |
| JAMES R SANGER PO BOX 1990, JANESVILLE, WI 53547 | VICE PRES. AND TREASURER | 2 | $58,000 |
| ROBERT DODSON 16111 CANARY AVE, LA MIRADA, CA 90638 | VICE PRES. | 2 | $58,000 |
| KARA SANGER-JOHNSON PO BOX 80, JANESVILLE, WI 53547 | VICE PRES. | 2 | $58,000 |
| TIMOTHY G SCHALLY 790 N WATER ST SUITE 2500, MILWAUKEE, WI 53202 | ASSISTANT SECRETARY | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 80, JANESVILLE, WI 53547-0080
- Signed the 990-PF
- JAMES SANGER, VICE PRESIDENT
- Phone
- (608) 754-9090
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
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
- 39-1657654
- 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
- 1991
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $18,689,417
- Income (IRS master file)
- $3,193,122
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,636,294 | $1,967,394 | $18,689,417 | IRS |
| 990-PF | December 2023 | $1,312,871 | $1,160,461 | $17,842,939 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 39-1657654).
Questions about RATH FOUNDATION INC
- What is the EIN of RATH FOUNDATION INC?
- The employer identification number (EIN) of RATH FOUNDATION INC is 39-1657654.
- Is RATH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to RATH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RATH FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RATH FOUNDATION INC 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 RATH FOUNDATION INC 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 RATH FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 4 received compensation from the organization, the highest $100,000 (KATE M FLEMING, PRESIDENT AND SECRETARY).
- How much revenue does RATH FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,636,294, expenses of $1,967,394 and total assets of $18,689,417 at year end.
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