Nonprofit · EIN 47-2638830
RILITE FOUNDATION
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $475,539 | $546,832 | -$71,293 | $10,729 | $120,737 | -$110,008 |
| December 31, 2023 | 990 | $709,396 | $674,880 | $34,516 | $1,994 | $40,709 | -$38,715 |
| December 31, 2021 | 990 | $566,028 | $518,149 | $47,879 | $26,002 | $67,387 | -$41,385 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $475,539
- Membership dues
- $475,539
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $453,951
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $546,832
- Management and general (functional)
- $92,881
Balance sheet and other
- Total assets, start of year
- $1,994
- Total assets, end of year
- $10,729
- Total liabilities, end of year
- $120,737
- Net assets, end of year
- -$110,008
- Net assets without donor restrictions
- -$110,008
- Gross receipts
- $475,539
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2018
- State of legal domicile
- VA
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Lipsky | CEO Officer | 10 | $0 |
| Amrie Grammer | Secretary Officer | 10 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Lipsky | CEO Officer | 10 | $0 |
| Amrie Grammer | Secretary Officer | 10 | $0 |
990 for the year ended December 31, 2021: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Peter Lipsky | President Trustee or director, Officer | 10 | $0 |
| Amrie Grammer | Secretary Trustee or director, Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 250 W MAIN ST STE 300, CHARLOTTESVLE, VA 22902-5000
- In care of
- % PETER LIPSKY
- Principal officer (990 for 2024)
- Peter Lipsky, 250 W MAIN ST STE 300, CHARLOTTESVLE, VA 229025000
- Signed the 990
- Peter Lipsky MD, President
- Phone
- (434) 296-2675
Mission
Educational scientific research investigation and therapy
Program accomplishments
- Provided educational scientific research and therapeutic development information to physicians and patients at an annual conferenceExpenses $546,832 · revenue $709,396
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2638830
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Medical research (H20)
- Assets (IRS master file)
- $10,729
- Income (IRS master file)
- $475,539
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $475,539 | $546,832 | $10,729 | XML |
| 990 | December 2023 | $709,396 | $674,880 | $1,994 | XML |
| 990 | December 2022 | $486,857 | $518,703 | $16,770 | IRS |
| 990 | December 2021 | $566,028 | $518,149 | $26,002 | XML |
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 47-2638830).
Questions about RILITE FOUNDATION
- What is the EIN of RILITE FOUNDATION?
- The employer identification number (EIN) of RILITE FOUNDATION is 47-2638830.
- Is RILITE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to RILITE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RILITE 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 RILITE 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 RILITE FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of RILITE FOUNDATION?
- The 990 for the year ended December 31, 2024 names Peter Lipsky.
- Who are the officers and directors of RILITE FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does RILITE FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $475,539, expenses of $546,832 and total assets of $10,729 at year end.
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