Skip to main content

Nonprofit · EIN 45-5434561

WALLACE RHEUMATIC DISEASES FOUNDATION

Tax-exempt (reinstated) · BEVERLY HILLS, CA 90210

Financials

$147K$222K2024$188K$127K2025
Revenue Expenses · by fiscal year end
Financials of WALLACE RHEUMATIC DISEASES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$188,035$127,006$61,029$100,755$0$100,755
December 31, 2024990$146,836$221,621-$74,785$39,726$0$39,726
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$187,995
Program service revenue
$0
Investment income
$40
Other revenue
$0

Expenses

Grants and similar amounts paid
$12,200
Compensation of officers, directors and key employees
$30,000
Salaries, compensation and benefits (total)
$30,000
Professional fundraising fees
$0
Accounting fees
$5,812
Depreciation
$39,083
Program services (functional)
$12,200
Management and general (functional)
$114,806

Balance sheet and other

Total assets, start of year
$39,726
Total assets, end of year
$100,755
Total liabilities, end of year
$0
Net assets, end of year
$100,755
Publicly traded securities
$8,561
Net assets without donor restrictions
$100,755
Gross unrelated business income
$40
Gross receipts
$188,035
Employees
0
Volunteers
0
Year formed
2012
State of legal domicile
CA

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 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DANIEL WALLACEPRESIDENT
Trustee or director
1$30,000
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
DANIEL WALLACEPRESIDENT
Trustee or director
1$20,000

Address and contacts

Address (IRS master file)
414 N CAMDEN DR STE 1100, BEVERLY HILLS, CA 90210-4517
Mailing address (990-N for 2016)
8750 Wilshire Blvd Suite 350, Beverly Hills CA 90211
Principal officer (990 for 2025)
DANIEL WALLACE, 414 N CAMDEN DR STE 1100, BEVERLY HILLS, CA 90210
Principal officer (990-N for 2016)
Daniel Wallace MD, 8750 Wilshire Blvd Suite 350, Beverly Hills CA 90211
Signed the 990
DANIEL WALLACE, PRESIDENT
Phone
(747) 203-3377
Return prepared by
JMLIU CPA ACCOUNTANCY CORP

California records

California keeps its own records of charities and corporations. Search them by EIN 45-5434561 or by the name WALLACE RHEUMATIC DISEASES FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

FUNDING CUTTING-EDGE RESEARCH, FELLOWSHIP PROGRAMS AND PATIENT ACCESS TO CARE GRANTS.

990 for the year ended December 31, 2025

Program accomplishments

  • FUNDING OR POSTGRADUATE TRAINING TO RHEUMATOLOGY FELLOWS, PROVIDING GRANTS FOR MEDICAL CARE
    Expenses $7,500 · grants $7,500
  • FUNDING FOR MEDICAL CARE
    Expenses $2,000 · grants $2,000
  • PROVIDING GRANTS FOR UNINSURED OR UNDERINSURED PATIENTS WITH AUTOIMMUNE DISEASE
    Expenses $1,200 · grants $1,200
  • Expenses $1,500 · grants $1,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
45-5434561
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H99)
Assets (IRS master file)
$100,755
Income (IRS master file)
$188,035

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$188,035$127,006$100,755XML
990December 2024$146,836$221,621$39,726XML
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2016
Officer: Daniel Wallace MD
December 31, 2016≤ $50,000 receipts––e-Postcard

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 45-5434561).

Questions about WALLACE RHEUMATIC DISEASES FOUNDATION

What is the EIN of WALLACE RHEUMATIC DISEASES FOUNDATION?
The employer identification number (EIN) of WALLACE RHEUMATIC DISEASES FOUNDATION is 45-5434561.
Is WALLACE RHEUMATIC DISEASES FOUNDATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to WALLACE RHEUMATIC DISEASES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WALLACE RHEUMATIC DISEASES FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WALLACE RHEUMATIC DISEASES FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WALLACE RHEUMATIC DISEASES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WALLACE RHEUMATIC DISEASES FOUNDATION?
The 990 for the year ended December 31, 2025 names DANIEL WALLACE.
Who are the officers and directors of WALLACE RHEUMATIC DISEASES FOUNDATION?
The 990 for the year ended December 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $30,000 (DANIEL WALLACE, PRESIDENT).
How much revenue does WALLACE RHEUMATIC DISEASES FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $188,035, expenses of $127,006 and total assets of $100,755 at year end.

Other nonprofits in BEVERLY HILLS

All nonprofits in BEVERLY HILLS · California · Medical research