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Nonprofit · EIN 42-1356506

YOUNG FAMILY FOUNDATION OF WATERLOO IOWA

Also known as C-O RICHARD C YOUNG

Tax-exempt · WATERLOO, IA 50704

Financials

$379K$646K2023$709K$533K2024$633K$679K2025
Revenue Expenses · by fiscal year end
Financials of YOUNG FAMILY FOUNDATION OF WATERLOO IOWA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$632,878$679,336-$46,458$8,627,789$0$8,627,789
December 31, 2024990-PF$708,632$533,009$175,623$8,674,247$0$8,674,247
December 31, 2023990-PF$379,180$645,844-$266,664$8,533,322$0$8,533,322
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$385,167
Interest
$31,023
Net rental income
$1,411
Net gain from sales of assets
$241,525
Other income
-$26,248

Expenses

Grants and similar amounts paid
$500,000
Disbursements for charitable purposes
$512,549
Excise tax on investment income
$6,846

Balance sheet and other

Total assets, start of year
$8,674,247
Total assets, end of year
$8,627,789
Total liabilities, end of year
$0
Net assets, end of year
$8,627,789
Fair market value of assets
$10,798,517
Qualifying distributions
$512,549
Net investment income
$659,299

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD C YOUNG
BOX 1077, WATERLOO, IA 507041077
PRESIDENT0$0
TRAVIS YOUNG
BOX 1077, WATERLOO, IA 507041077
SECRETARY/TR0$0
MICHAEL R YOUNG
BOX 1077, WATERLOO, IA 507041077
V. PRESIDENT0$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
RICHARD C YOUNG
BOX 1077, WATERLOO, IA 507041077
PRESIDENT0$0
TRAVIS YOUNG
BOX 1077, WATERLOO, IA 507041077
SECRETARY/TR0$0
MICHAEL R YOUNG
BOX 1077, WATERLOO, IA 507041077
V. PRESIDENT0$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
RICHARD C YOUNG
BOX 1077, WATERLOO, IA 507041077
PRESIDENT0$0
TRAVIS YOUNG
BOX 1077, WATERLOO, IA 507041077
SECRETARY/TR0$0
MICHAEL R YOUNG
BOX 1077, WATERLOO, IA 507041077
V. PRESIDENT0$0

Address and contacts

Address (IRS master file)
PO BOX 1077, WATERLOO, IA 50704-1077
Signed the 990-PF
RICHARD C YOUNG, PRESIDENT
Phone
(319) 234-4411
Return prepared by
RUZICKA & ASSOCIATES PLLC

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
42-1356506
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
1990
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$8,627,789
Income (IRS master file)
$2,822,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$632,878$679,336$8,627,789XML
990-TDecember 2025–––IRS
990-PFDecember 2024$708,632$533,009$8,674,247XML
990-TDecember 2024–––IRS
990-PFDecember 2023$379,180$645,844$8,533,322XML
990-TDecember 2023–––IRS
990-PFDecember 2022–––IRS
990-TDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-TDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-TDecember 2020–––IRS
990-PFDecember 2018–––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 42-1356506).

Questions about YOUNG FAMILY FOUNDATION OF WATERLOO IOWA

What is the EIN of YOUNG FAMILY FOUNDATION OF WATERLOO IOWA?
The employer identification number (EIN) of YOUNG FAMILY FOUNDATION OF WATERLOO IOWA is 42-1356506.
Is YOUNG FAMILY FOUNDATION OF WATERLOO IOWA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to YOUNG FAMILY FOUNDATION OF WATERLOO IOWA tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does YOUNG FAMILY FOUNDATION OF WATERLOO IOWA file?
Form 990-PF. Private foundations file every year.
When is the next return of YOUNG FAMILY FOUNDATION OF WATERLOO IOWA due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG FAMILY FOUNDATION OF WATERLOO IOWA last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of YOUNG FAMILY FOUNDATION OF WATERLOO IOWA?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does YOUNG FAMILY FOUNDATION OF WATERLOO IOWA have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $632,878, expenses of $679,336 and total assets of $8,627,789 at year end.

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