Nonprofit · EIN 56-2241298
RYE FOUNDATION INC
Tax-exempt · WINSTON SALEM, NC 27114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $51,911 | $47,118 | $4,793 | $11,724 | – | $11,724 |
| December 31, 2023 | 990-EZ | $62,704 | $66,455 | -$3,751 | $10,555 | $3,624 | $6,931 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $51,911
Expenses
- Grants and similar amounts paid
- $43,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $1,224
- Professional fees and payments to contractors
- $1,241
- Printing, publications and postage
- $365
- Other expenses
- $1,288
- Program services (functional)
- $47,118
Balance sheet and other
- Total assets, start of year
- $10,555
- Total assets, end of year
- $11,724
- Total liabilities, end of year
- –
- Net assets, end of year
- $11,724
- Cash, savings and investments
- $11,724
- Gross receipts
- $51,911
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAMELA CASH | BOARD MEMBER | 0 | $0 |
| CHRISTA H WARISE | BOARD MEMBER | 0 | $0 |
| INGRAM HEDGPETH | BOARD MEMBER | 0 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN WARREN STEEN III | PRESIDENT | 40 | $16,000 |
| PAMELA CASH | BOARD MEMBER | 1 | $0 |
| CHRISTA H WARISE | BOARD MEMBER | 1 | $0 |
| INGRAM HEDGPETH | BOARD MEMBER | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 25333, WINSTON SALEM, NC 27114-5333
- Signed the 990-EZ
- PAMELA CASH, BOARD MEMBER
- Phone
- (336) 760-2260
- Return prepared by
- PAUL COX & TODD PLLC
Mission
THE PURPOSE OF THE RYE FOUNDATION IS TO MAKE A LIFE-CHANGING IMPACT ON CHILDREN BY PROVIDING CHARITABLE GRANTS IN THE AREAS OF RELIGION, YOUTH, AND EDUCATION.
Program accomplishments
- PROMOTING CHRISTIAN VALUES AND EDUCATION AMONG YOUTHExpenses $47,118 · grants $43,000
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 56-2241298
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O12)
- Assets (IRS master file)
- $11,724
- Income (IRS master file)
- $51,911
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $51,911 | $47,118 | $11,724 | XML |
| 990-EZ | December 2023 | $62,704 | $66,455 | $10,555 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | 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 56-2241298).
Questions about RYE FOUNDATION INC
- What is the EIN of RYE FOUNDATION INC?
- The employer identification number (EIN) of RYE FOUNDATION INC is 56-2241298.
- Is RYE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to RYE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RYE FOUNDATION INC 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 RYE 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 RYE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of RYE FOUNDATION INC?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does RYE FOUNDATION INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $51,911, expenses of $47,118 and total assets of $11,724 at year end.
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