Nonprofit · EIN 46-2321009
RUGGED ELEGANCE FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $85,939 | $819,464 | -$733,525 | $8,153,711 | $2,325 | $8,151,386 |
| December 31, 2023 | 990-PF | $300,229 | $638,668 | -$338,439 | $8,884,911 | $0 | $8,884,911 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $253,230
- Interest
- $478
- Net gain from sales of assets
- -$203,436
- Other income
- $35,667
Expenses
- Grants and similar amounts paid
- $291,494
- Compensation of officers, directors and key employees
- $88,000
- Disbursements for charitable purposes
- $668,102
- Excise tax on investment income
- $2,053
Balance sheet and other
- Total assets, start of year
- $8,884,911
- Total assets, end of year
- $8,153,711
- Total liabilities, end of year
- $2,325
- Net assets, end of year
- $8,151,386
- Fair market value of assets
- $12,164,637
- Qualifying distributions
- $685,796
- Net investment income
- $278,820
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 | Other / benefits |
|---|---|---|---|---|
| Jennifer Carolyn King Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Pres, Dir, Sec, Treas | 40 | $88,000 | $5,475 |
| Hayley Isabella King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
| Timothy Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 25 | $0 | $0 |
| Jessie King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
| Nik King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
990-PF for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jennifer Carolyn King Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Pres, Dir, Sec, Treas | 40 | $88,000 | $8,750 |
| Hayley Isabella King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
| Timothy Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 5 | $0 | $0 |
| Jessie King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
| Nik King Fredel Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, VP | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 SILVERSIDE RD STE 123, WILMINGTON, DE 19809-1377
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- 0, VICE PRESIDENT
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
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
- 46-2321009
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $8,153,711
- Income (IRS master file)
- $1,355,471
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $85,939 | $819,464 | $8,153,711 | XML |
| 990-PF | December 2023 | $300,229 | $638,668 | $8,884,911 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | 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 46-2321009).
Questions about RUGGED ELEGANCE FOUNDATION
- What is the EIN of RUGGED ELEGANCE FOUNDATION?
- The employer identification number (EIN) of RUGGED ELEGANCE FOUNDATION is 46-2321009.
- Is RUGGED ELEGANCE FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to RUGGED ELEGANCE FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does RUGGED ELEGANCE FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of RUGGED ELEGANCE FOUNDATION 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 RUGGED ELEGANCE FOUNDATION 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 RUGGED ELEGANCE FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $88,000 (Jennifer Carolyn King, Pres, Dir, Sec, Treas).
- How much revenue does RUGGED ELEGANCE FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $85,939, expenses of $819,464 and total assets of $8,153,711 at year end.
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