Nonprofit · EIN 86-0610662
ONE FOUNDATION INCORPORATED
Tax-exempt · CEDAR RAPIDS, IA 52403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $312,419 | $211,937 | $100,482 | $2,118,029 | $0 | $2,118,029 |
| June 30, 2024 | 990-PF (amended) | $429,867 | $237,643 | $192,224 | $5,646,135 | $0 | $0 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $175,000
- Dividends
- $127,392
- Interest
- $10,027
Expenses
- Grants and similar amounts paid
- $211,480
- Disbursements for charitable purposes
- $211,937
- Excise tax on investment income
- $4,071
Balance sheet and other
- Total assets, start of year
- $1,821,080
- Total assets, end of year
- $2,118,029
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,118,029
- Fair market value of assets
- $6,022,341
- Qualifying distributions
- $211,937
- Net investment income
- $292,865
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD A NELSON 193 Ryecroft SE, Cedar Rapids, IA 52403 | President & Secretary | 1 | $0 |
| MARY A NELSON 193 Ryecroft SE, Cedar Rapids, IA 52403 | Treasurer | 5 | $0 |
| DAVID M HULL 3416 Buckhead Path, Edmond, OK 73034 | Vice President | 1 | $0 |
| ELIZABETH A HULL 3416 Buckhead Path, Edmond, OK 73034 | Director | 1 | $0 |
990-PF for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD A NELSON 193 Ryecroft SE, Cedar Rapids, IA 52403 | President Secretary | 2 | $0 |
| MARY A NELSON 193 Ryecroft SE, Cedar Rapids, IA 52403 | Treasurer | 15 | $0 |
| DAVID M HULL 3416 Buckhead Path, Edmond, OK 73034 | Vice President | 1 | $0 |
| ELIZABETH A HULL 3416 Buckhead Path Ste B, Edmond, OK 73034 | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 193 RYECROFT SE, CEDAR RAPIDS, IA 52403-1714
- In care of
- % MARY A NELSON
- Signed the 990-PF
- MARY A NELSON, Treasurer
- Phone
- (319) 365-8616
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 86-0610662
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990-PF
- Assets (IRS master file)
- $2,118,029
- Income (IRS master file)
- $312,419
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $312,419 | $211,937 | $2,118,029 | XML |
| 990-PF | June 2024 | $429,867 | $237,643 | $5,646,135 | XML |
| 990-PF | June 2023 | – | – | – | IRS |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | 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 86-0610662).
Questions about ONE FOUNDATION INCORPORATED
- What is the EIN of ONE FOUNDATION INCORPORATED?
- The employer identification number (EIN) of ONE FOUNDATION INCORPORATED is 86-0610662.
- Is ONE FOUNDATION INCORPORATED tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to ONE FOUNDATION INCORPORATED tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does ONE FOUNDATION INCORPORATED file?
- Form 990-PF. Private foundations file every year.
- When is the next return of ONE FOUNDATION INCORPORATED due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ONE FOUNDATION INCORPORATED last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of ONE FOUNDATION INCORPORATED?
- The 990-PF for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ONE FOUNDATION INCORPORATED have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $312,419, expenses of $211,937 and total assets of $2,118,029 at year end.
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