Nonprofit · EIN 83-0916106
RIPPLE FUND
Tax-exempt · CHARLESTON, SC 29407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $156,000 | $274,450 | -$118,450 | $221,120 | -$37 | $221,157 |
| December 31, 2023 | 990-PF | $330,674 | $299,244 | $31,430 | $341,754 | $2,147 | $339,607 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $156,000
Expenses
- Grants and similar amounts paid
- $25,197
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $63,792
Balance sheet and other
- Total assets, start of year
- $341,754
- Total assets, end of year
- $221,120
- Total liabilities, end of year
- -$37
- Net assets, end of year
- $221,157
- Fair market value of assets
- $221,120
- Qualifying distributions
- $63,792
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERALD SCHEER 1177 SOUTHGATE DRIVE, CHARLESTON, SC 29407 | PRESIDENT | 30 | $0 |
990-PF for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JERALD SCHEER 1177 SOUTHGATE DRIVE, CHARLESTON, SC 29407 | PRESIDENT | 30 | $0 |
Address and contacts
- Address (IRS master file)
- 1177 SOUTHGATE DR, CHARLESTON, SC 29407-4209
- In care of
- % JERALD SCHEER
- Signed the 990-PF
- JERALD SCHEER, PRESIDENT
- Phone
- (843) 769-0350
- Website
- WWW.THERIPPLEFUND.ORG
- Return prepared by
- TIDELINE CPA GROUP LLC
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 | Not 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
- 83-0916106
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Community improvement and capacity building (S02)
- Assets (IRS master file)
- $221,120
- Income (IRS master file)
- $156,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $156,000 | $274,450 | $221,120 | XML |
| 990-PF | December 2023 | $330,674 | $299,244 | $341,754 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 83-0916106).
Questions about RIPPLE FUND
- What is the EIN of RIPPLE FUND?
- The employer identification number (EIN) of RIPPLE FUND is 83-0916106.
- Is RIPPLE FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to RIPPLE FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RIPPLE FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RIPPLE FUND 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 RIPPLE FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of RIPPLE FUND?
- The 990-PF for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does RIPPLE FUND have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $156,000, expenses of $274,450 and total assets of $221,120 at year end.
Other nonprofits in CHARLESTON
- CHARLESTON AREA CONVENTION & VISITORS BUREAU EIN 03-0386059 · last filed 990 for 2025
- SOUTHEAST COASTAL OCEAN OBSERVING REGIONAL ASSOCIATION EIN 26-1215705 · last filed 990 for 2025
- CHARLESTON REDEVELOPMENT CORPORATION EIN 27-3715681 · last filed 990 for 2024
- CLIMB FUND EIN 57-0707663 · last filed 990 for 2025
- SOUTH CAROLINA ASSOCIATION FOR COMMUNITY ECONOMIC DEVELOPMENT EIN 56-2049813 · last filed 990 for 2025
- CHARLESTON DIGITAL CORRIDOR FOUNDATION EIN 20-0836170 · last filed 990 for 2025
- FRIENDS OF THE LOWLINE EIN 46-2003223 · last filed 990 for 2025
- INSTITUTE FOR STRATEGIC AND EQUITABLE DEVELOPMENT EIN 47-5672323 · last filed 990 for 2025
All nonprofits in CHARLESTON · South Carolina · Community improvement and capacity building