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Nonprofit · EIN 39-1657654

RATH FOUNDATION INC

Tax-exempt · JANESVILLE, WI 53547

Financials

$1.3M$1.2M2023$1.6M$2M2024
Revenue Expenses · by fiscal year end
Financials of RATH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,636,294$1,967,394-$331,100$18,689,417$0$18,689,417
December 31, 2023990-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.

NameTitleHours / weekCompensation
KATE M FLEMING
100 E WISCONSIN AVE, MILWAUKEE, WI 53202
PRESIDENT AND SECRETARY15$100,000
JAMES R SANGER
PO BOX 1990, JANESVILLE, WI 53547
VICE PRES. AND TREASURER2$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 SECRETARY2$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
KATE M FLEMING
100 E WISCONSIN AVE, MILWAUKEE, WI 53202
PRESIDENT AND SECRETARY15$100,000
JAMES R SANGER
PO BOX 1990, JANESVILLE, WI 53547
VICE PRES. AND TREASURER2$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 SECRETARY2$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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,636,294$1,967,394$18,689,417IRS
990-PFDecember 2023$1,312,871$1,160,461$17,842,939XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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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