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Nonprofit · EIN 83-1576359

ALEX RUST MEMORIAL FUND INC

Tax-exempt · SEYMOUR, IN 47274

Financials

$54K$53K2024
Revenue Expenses · by fiscal year end
Financials of ALEX RUST MEMORIAL FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$53,994$53,206$788$137,282$36,000$101,282
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$53,994

Expenses

Compensation of officers, directors and key employees
$0
Other expenses
$53,206
Program services (functional)
$34,917

Balance sheet and other

Total assets, start of year
$125,494
Total assets, end of year
$137,282
Total liabilities, end of year
$36,000
Net assets, end of year
$101,282
Cash, savings and investments
$17,282
Gross receipts
$53,994

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.

NameTitleHours / weekCompensation
JOE RUSTPRESIDENT20$0
RUTH ANN HENDRIXSECRETARY10$0
ALEXUS MORRISTREASURER5$0
MORGAN KURTZMARKETING CHAIR5$0
EVAN WILLIAMS JRREGATTA CHAIR2$0

Address and contacts

Address (IRS master file)
8256 N BASE RD, SEYMOUR, IN 47274-8955
In care of
% JOSEPH RUST
Mailing address (990-N for 2023)
8256 N Base Rd, Seymour IN 47274
Principal officer (990-N for 2023)
Joseph Rust, 8256 N Base Rd, Seymour IN 47274
Signed the 990-EZ
JOE RUST, PRESIDENT
Phone
(812) 552-2195
Return prepared by
BLUE & CO LLC

Mission

TO EMPOWER KIDS AROUND THE WORLD TO CHASE THEIR DREAMS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • SHARING STORIES - IT ALL BEGINS WITH THE STORY OF ALEX RUST AND S/V BUBBLES. THROUGH OUR DOCUMENTARY, EVENTS, AND STORYTELLING, WE SPARK CURIOSITY AND SHOW WHAT'S POSSIBLE WHEN YOU DARE TO CHASE A DREAM.EMPOWERING ACTION - FROM REGATTAS TO ADVENTUROUS FUNDRAISERS, WE CREATE OPPORTUNITIES TO GET INVOLVED, CELEBRATE LIFE, AND RAISE SUPPORT FOR THE NEXT GENERATION OF DREAMERS.FULFILLING DREAMS - THROUGH YOUTH SAILING PROGRAMS, DAY CAMPS, AND SCHOLARSHIPS, WE GIVE KIDS DIRECT ACCESS TO THE WATER, TO EDUCATION, AND TO EXPERIENCES THAT EXPAND THEIR SENSE OF WHAT'S POSSIBLE.
    Expenses $34,917

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-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
83-1576359
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$137,282
Income (IRS master file)
$53,994

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$53,994$53,206$137,282XML
990-N for 2023
Officer: Joseph Rust
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Joseph Rust
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Joseph Rust
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Joseph Rust
December 31, 2019≤ $50,000 receipts––e-Postcard

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 83-1576359).

Questions about ALEX RUST MEMORIAL FUND INC

What is the EIN of ALEX RUST MEMORIAL FUND INC?
The employer identification number (EIN) of ALEX RUST MEMORIAL FUND INC is 83-1576359.
Is ALEX RUST MEMORIAL FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to ALEX RUST MEMORIAL FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALEX RUST MEMORIAL FUND 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 ALEX RUST MEMORIAL FUND 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 ALEX RUST MEMORIAL FUND 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 is the principal officer of ALEX RUST MEMORIAL FUND INC?
The 990-N for 2023 names Joseph Rust.
Who are the officers and directors of ALEX RUST MEMORIAL FUND INC?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ALEX RUST MEMORIAL FUND INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $53,994, expenses of $53,206 and total assets of $137,282 at year end.

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