Nonprofit · EIN 85-4305455
DREW AND KATHY RANKIN FAMILY FOUNDATION INC
Tax-exempt · MORRISTOWN, NJ 07960
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $168,902 | $31,828 | $137,074 | $1,044,760 | $0 | $1,044,760 |
| December 31, 2024 | 990-PF | $71,582 | $52,837 | $18,745 | $907,686 | $0 | $907,686 |
| December 31, 2023 | 990-PF | $309,489 | $25,351 | $284,138 | $888,941 | $0 | $888,941 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $30,891
- Net gain from sales of assets
- $138,011
Expenses
- Grants and similar amounts paid
- $30,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $30,750
- Excise tax on investment income
- $2,337
Balance sheet and other
- Total assets, start of year
- $907,686
- Total assets, end of year
- $1,044,760
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,044,760
- Fair market value of assets
- $1,072,690
- Qualifying distributions
- $30,750
- Net investment income
- $168,902
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS RANKIN 145 MONMOUTH STREET APT 408, RED BANK, NJ 07701 | PRESIDENT, TRUSTEE | 1 | $0 |
| COLLEEN RANKIN 532 RIVER ROAD, FAIR HAVEN, NJ 07704 | SECRETARY, TRUSTEE | 1 | $0 |
| KRISTIN RANKIN 5 CAMELIA COURT, LAWRENCEVILLE, NJ 08646 | VICE PRESIDENT, TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS RANKIN 145 MONMOUTH STREET APT 408, RED BANK, NJ 07701 | PRESIDENT, TRUSTEE | 1 | $0 |
| COLLEEN RANKIN 532 RIVER ROAD, FAIR HAVEN, NJ 07704 | SECRETARY, TRUSTEE | 1 | $0 |
| KRISTIN RANKIN 5 CAMELIA COURT, LAWRENCEVILLE, NJ 08646 | VICE PRESIDENT, TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS RANKIN 145 MONMOUTH STREET APT 408, RED BANK, NJ 07701 | PRESIDENT, TRUSTEE | 1 | $0 |
| COLLEEN RANKIN 532 RIVER ROAD, FAIR HAVEN, NJ 07704 | SECRETARY, TRUSTEE | 1 | $0 |
| KRISTIN RANKIN 5 CAMELIA COURT, LAWRENCEVILLE, NJ 08646 | VICE PRESIDENT, TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 89 HEADQUARTERS PLZ, MORRISTOWN, NJ 07960-6834
- In care of
- % DOUGLAS RANKIN
- Signed the 990-PF
- DOUGLAS RANKIN, PRESIDENT
- Phone
- (732) 345-9900
- Return prepared by
- CBIZ ADVISORS LLC
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 | 990-PF 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
- 85-4305455
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $1,044,760
- Income (IRS master file)
- $2,477,160
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $168,902 | $31,828 | $1,044,760 | XML |
| 990-PF | December 2024 | $71,582 | $52,837 | $907,686 | XML |
| 990-PF | December 2023 | $309,489 | $25,351 | $888,941 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 85-4305455).
Questions about DREW AND KATHY RANKIN FAMILY FOUNDATION INC
- What is the EIN of DREW AND KATHY RANKIN FAMILY FOUNDATION INC?
- The employer identification number (EIN) of DREW AND KATHY RANKIN FAMILY FOUNDATION INC is 85-4305455.
- Is DREW AND KATHY RANKIN FAMILY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to DREW AND KATHY RANKIN FAMILY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does DREW AND KATHY RANKIN FAMILY FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of DREW AND KATHY RANKIN FAMILY FOUNDATION INC 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 DREW AND KATHY RANKIN FAMILY FOUNDATION INC 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 DREW AND KATHY RANKIN FAMILY FOUNDATION INC?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does DREW AND KATHY RANKIN FAMILY FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $168,902, expenses of $31,828 and total assets of $1,044,760 at year end.
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