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Nonprofit · EIN 82-3223989

DRIVE NATION FOUNDATION

Tax-exempt · SAN RAFAEL, CA 94901

Financials

$400K$343K2023$518K$532K2024
Revenue Expenses · by fiscal year end
Financials of DRIVE NATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$517,681$531,771-$14,090$581$7,246-$6,665
December 31, 2023990$399,561$342,987$56,574$7,424$0$7,424
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$490,124
Program service revenue
$27,557
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$369,755
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$141,928
Program services (functional)
$531,611
Management and general (functional)
$160

Balance sheet and other

Total assets, start of year
$7,424
Total assets, end of year
$581
Total liabilities, end of year
$7,246
Net assets, end of year
-$6,665
Gross receipts
$517,681
Employees
0
Volunteers
0
Year formed
2017
State of legal domicile
DE

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.

NameTitleHours / weekCompensation
MESHA O'NEALPRESIDENT
Trustee or director
2$0
JERMAINE O'NEALDIRECTOR
Trustee or director
2$0
DEDDRICK FAISONBOARD MEMBER
Officer
2$0
MICHAEL HARRISBOARD MEMBER
Officer
2$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MESHA O'NEALPRESIDENT
Trustee or director
2$0
JERMAINE O'NEALDIRECTOR
Trustee or director
2$0
DEDDRICK FAISONBOARD MEMBER
Officer
2$0
MICHAEL HARRISBOARD MEMBER
Officer
2$0

Address and contacts

Address (IRS master file)
CO ZZRJ 901 A STREET STE C, SAN RAFAEL, CA 94901-0000
In care of
% JERMAINE L ONEAL
Principal officer (990 for 2024)
JERMAINE O'NEAL, C/O ZZRJ 901 A STREET STE C, SAN RAFAEL, CA 94901
Signed the 990
JERMAINE O'NEAL, DIRECTOR
Phone
(415) 451-1703
Return prepared by
ZEISLER ZEISLER RAWSON & JOHNSON LLP

Mission

DRIVE NATION FOUNDATION DEVELOPS, EDUCATES, AND EMPOWERS YOUTH TO BECOME CHAMPIONS BOTH ON AND OFF THE COURT. WE ACHIEVE THIS THROUGH PROGRAMS AND ACTIVITIES THAT ARE BASED ON THE FOUNDATIONS FOUR "PILLARS TO SUCCESS": HEALTHY HABITS; LEADERSHIP & CHARACTER BUILDING; CAREER DEVELOPMENT; AND FINANICAL LITERACY. WITH SPORTS SERVING AS OUR UNIVERSAL LANGUAGE AND POINT OF ENTRY, OUR PROGRAMS ARE SPECIFICALLY DESIGNED TO DRIVE AND EVOLVE THE MINDS AND BODIES OF YOUR NATION'S FUTURE LEADERS.

990 for the year ended December 31, 2024

Program accomplishments

  • HEALTHY HABITS PROGRAM: THIS INITIATIVE PROMOTES PHYSICAL FITNESS AND WELL-BEINGAMONG YOUTH, ENCOURAGING THEM TO ADOPT HEALTHY LIFESTYLES THROUGH SPORTS AND NUTRITIONEDUCATION.LEADERSHIP & CHARACTER BUILDING: THE FOUNDATION OFFERS PROGRAMS DESIGNED TO BUILDLEADERSHIP SKILLS AND CHARACTER IN YOUNG INDIVIDUALS, HELPING THEM BECOME RESPONSIBLEAND ETHICAL LEADERS IN THEIR COMMUNITIES.PROVIDES GRANTS TO DYNAMIC PREPARATORY UNDER A FISCAL SPONSORSHIP AGREEMENT TO PROVIDE EDUCATION AND ATHLETIC TRAINING.
    Expenses $531,611 · grants $369,755 · revenue $27,557

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-3223989
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$581
Income (IRS master file)
$517,681

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$399,561$342,987$7,424IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about DRIVE NATION FOUNDATION

What is the EIN of DRIVE NATION FOUNDATION?
The employer identification number (EIN) of DRIVE NATION FOUNDATION is 82-3223989.
Is DRIVE NATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to DRIVE NATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DRIVE NATION 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 DRIVE NATION 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 DRIVE NATION 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 DRIVE NATION FOUNDATION?
The 990 for the year ended December 31, 2024 names JERMAINE O'NEAL.
Who are the officers and directors of DRIVE NATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does DRIVE NATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $517,681, expenses of $531,771 and total assets of $581 at year end.

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