Nonprofit · EIN 04-3824815
RYAN WELLS FOUNDATION INC
Tax-exempt · PALM HARBOR, FL 34684
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $210,691 | $129,608 | $81,083 | $1,823,335 | $0 | $1,823,335 |
| December 31, 2023 | 990 | $240,956 | $127,542 | $113,414 | $1,643,639 | $0 | $1,643,639 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $133,573
- Program service revenue
- $0
- Investment income
- $89,033
- Net gain from sales of assets
- $19,682
- Net income from fundraising events
- -$11,915
- Other revenue
- -$11,915
Expenses
- Grants and similar amounts paid
- $95,095
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,755
- Program services (functional)
- $95,095
- Management and general (functional)
- $34,513
Balance sheet and other
- Total assets, start of year
- $1,643,639
- Total assets, end of year
- $1,823,335
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,823,335
- Publicly traded securities
- $1,647,159
- Net assets without donor restrictions
- $1,762,821
- Net assets with donor restrictions
- $60,514
- Gross receipts
- $860,067
- Employees
- 0
- Year formed
- 2005
- State of legal domicile
- FL
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mike Wells | President Trustee or director, Officer | 8 | $0 |
| Carrie Wells | Secretary/Treasurer Trustee or director, Officer | 8 | $0 |
| Ashley Giasone | Executive Director Trustee or director | 8 | $0 |
| Michael Giasone | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ashley Giasone | Executive Director Trustee or director | 8 | $24,000 |
| Mike Wells | President Trustee or director, Officer | 8 | $0 |
| Carrie Wells | Secretary/Treasurer Trustee or director, Officer | 8 | $0 |
| Michael Giasone | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3636 WOODRIDGE PL, PALM HARBOR, FL 34684-2425
- In care of
- % MIKE WELLS
- Principal officer (990 for 2024)
- Mike Wells, 3636 Woodridge Place, Palm Harbor, FL 34684
- Signed the 990
- Mike Wells, President
- Phone
- (727) 787-7863
- Website
- www.ryanwellsfoundation.com
- Return prepared by
- Joseph E Garrison CPA PA
Mission
To provide scholarships to Florida high school seniors pursuing a post-sceondary education in the hospitality or culinary industry. To support culinary arts education programs in Pinellas District Schools and other culinary schools. Support other state and local not for profit organizations.
Program accomplishments
- Pinellas Education Foundation. College Scholarships for culinary studies given to high school seniors, 79,000.Expenses $79,000 · grants $79,000
- Pinellas District Schools Culinary Arts Programs, JCCA 5,000.Expenses $5,000 · grants $5,000
- Other Grants. Walkers Rising Stars, 280. Johnson Wales Scholarship, 3,000. Hillsborough Community College Scholarship, 4,000. American Academy of Chefs, 2,000. Feeding Tampa Bay, 500. Other small donations, 1,315.Expenses $11,095 · grants $11,095
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3824815
- 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
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,823,335
- Income (IRS master file)
- $860,067
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $210,691 | $129,608 | $1,823,335 | XML |
| 990 | December 2023 | $240,956 | $127,542 | $1,643,639 | XML |
| 990 | December 2022 | $41,829 | $121,667 | $1,416,287 | IRS |
| 990 | December 2021 | $333,549 | $176,526 | $1,683,903 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 04-3824815).
Questions about RYAN WELLS FOUNDATION INC
- What is the EIN of RYAN WELLS FOUNDATION INC?
- The employer identification number (EIN) of RYAN WELLS FOUNDATION INC is 04-3824815.
- Is RYAN WELLS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to RYAN WELLS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RYAN WELLS FOUNDATION 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 RYAN WELLS FOUNDATION 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 RYAN WELLS FOUNDATION INC 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 RYAN WELLS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Mike Wells.
- Who are the officers and directors of RYAN WELLS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does RYAN WELLS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $210,691, expenses of $129,608 and total assets of $1,823,335 at year end.
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