Nonprofit · EIN 82-1020203
PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC
Tax-exempt · CINCINNATI, OH 45215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $120,285 | $40,875 | $79,410 | $562,779 | $1,400 | $561,379 |
| December 31, 2024 | 990-PF | $334,425 | $30,200 | $304,225 | $481,969 | $0 | $481,969 |
| December 31, 2023 | 990-PF | $6,215 | $39,650 | -$33,435 | $177,744 | $0 | $177,744 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $101,675
- Dividends
- $5,541
- Interest
- $13,069
Expenses
- Grants and similar amounts paid
- $38,000
- Disbursements for charitable purposes
- $38,000
- Excise tax on investment income
- $256
Balance sheet and other
- Total assets, start of year
- $481,969
- Total assets, end of year
- $562,779
- Total liabilities, end of year
- $1,400
- Net assets, end of year
- $561,379
- Fair market value of assets
- $562,779
- Qualifying distributions
- $38,000
- Net investment income
- $18,610
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GAUGHAN 2140 YORKTOWN COURT, FAIRFIELD, OH 45014 | DIRECTOR | 0.1 | $0 |
| ELAINE DRACK 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
| KAREN SULLIVAN 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GAUGHAN 2140 YORKTOWN COURT, FAIRFIELD, OH 45014 | DIRECTOR | 0.1 | $0 |
| ELAINE DRACK 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
| KAREN SULLIVAN 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KATHLEEN GAUGHAN 2140 YORKTOWN COURT, FAIRFIELD, OH 45014 | DIRECTOR | 0.1 | $0 |
| ELAINE DRACK 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
| KAREN SULLIVAN 9865 FARMBROOK LN, JOHNS CREEK, GA 30022 | DIRECTOR | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 626 BURNS AVE, CINCINNATI, OH 45215-2757
- In care of
- % ELAINE DRACK
- Signed the 990-PF
- ELAINE Drack, DIRECTOR
- Phone
- (513) 769-4515
- Return prepared by
- DeSalvo and Company Inc
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 | 990-PF 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
- 82-1020203
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $562,779
- Income (IRS master file)
- $120,285
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $120,285 | $40,875 | $562,779 | IRS |
| 990-PF | December 2024 | $334,425 | $30,200 | $481,969 | XML |
| 990-PF | December 2023 | $6,215 | $39,650 | $177,744 | 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 82-1020203).
Questions about PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC
- What is the EIN of PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC?
- The employer identification number (EIN) of PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC is 82-1020203.
- Is PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC 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 PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PAUL E AND ELAINE C DRACK FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $120,285, expenses of $40,875 and total assets of $562,779 at year end.
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