Form 990 for tax year 2025
Filed by AMERICAN RENTAL ASSOCIATION FOUNDATION.
Totals
- Total revenue
- $579,728
- Total expenses
- $440,325
- Contributions and grants received
- $434,361
- Grants paid
- $329,560
- Program service revenue
- $0
- Investment income
- $100,922
- Other revenue
- $44,445
- Total assets, end of year
- $1,911,389
- Total liabilities, end of year
- $21,284
- Net assets or fund balances, end of year
- $1,890,105
- Program services expenses (Part IX)
- $436,303
- Management and general expenses
- $4,022
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $436,303
Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$169,993
-
1f · All other contributions, gifts and grants
$264,368
-
1g · Noncash contributions included above
$167,443
-
3 · Investment income
total $41,589 · excluded $41,589
-
7a · Gross sales of assets other than inventory
securities $275,972
-
7b · Less cost or other basis and sales expenses
securities $216,639
-
7c · Gain or loss
securities $59,333
-
7d · Net gain or loss
total $59,333 · excluded $59,333
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$169,993
-
8b · Fundraising events: direct expenses
$24,270
-
8c · Net income from fundraising events
total -$24,270 · excluded -$24,270
-
9a · Gaming: gross income
$68,500
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $68,500 · excluded $68,500
-
11a · Other revenue: RAMP REBATE
total $215 · related or exempt $215
-
11e · Other revenue, total
$215
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $171,603 · program services $171,603
-
2 · Grants to domestic individuals
total $157,957 · program services $157,957
-
11b · Fees: legal
total $1,056 · management and general $1,056
-
11c · Fees: accounting
total $2,150 · management and general $2,150
-
11f · Fees: investment management
total $816 · management and general $816
-
11g · Fees: other
total $17,266 · program services $17,266
-
12 · Advertising and promotion
total $31,315 · program services $31,315
-
13 · Office expenses
total $4,338 · program services $4,338
-
14 · Information technology
total $2,750 · program services $2,750
-
17 · Travel
total $40,258 · program services $40,258
-
24e · All other expenses
total $10,816 · program services $10,816
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $58,963 · end of year $130,231
-
2 · Savings and temporary cash investments
beginning of year $152,471 · end of year $161,074
-
4 · Accounts receivable
beginning of year $16,758 · end of year $17,158
-
9 · Prepaid expenses and deferred charges
beginning of year $3,244 · end of year $350
-
11 · Investments: publicly traded securities
beginning of year $1,482,441 · end of year $1,576,214
-
15 · Other assets
beginning of year $3,546 · end of year $26,362
-
17 · Accounts payable and accrued expenses
beginning of year $7,364 · end of year $19,564
-
25 · Other liabilities
beginning of year $8,858 · end of year $1,720
-
27 · Net assets without donor restrictions
beginning of year $1,471,340 · end of year $1,658,170
-
28 · Net assets with donor restrictions
beginning of year $229,861 · end of year $231,935
Mission and programs · 2025
Mission
TO DEVELOP AND IMPLEMENT PROGRAMS THAT CREATE EDUCATIONAL OPPORTUNITIES, BUILD RELATIONSHIPS, AND AID THE RENTAL INDUSTRY.
-
SCHOLARSHIP PROGRAM - OFFER SCHOLARSHIPS TO INDIVIDUALS ASSOCIATED WITH THE RENTAL BUSINESS. MARKET AND DISPERSE APPLICATIONS, COLLECT AND EVALUATE APPLICATIONS, AND AWARD THE SCHOLARSHIPS.
Expenses $163,087 · Grants $152,619
-
COMMUNITY IMPACT PROGRAM - IN PARTNERSHIP WITH TORO COMPANY FOUNDATION, THE COMMUNITY IMPACT PROGRAM GIVES BACK TO COMMUNITIES ACROSS THE COUNTRY THROUGH VARIOUS RENTAL-RELATED PROJECTS.
Expenses $100,000 · Grants $100,000
-
DISASTER RELIEF PROGRAM - THIS PROGRAM PROVIDES ASSISTANCE TO RENTAL STORES THAT HAVE SUSTAINED A NATURAL DISASTER.
Expenses $12,500 · Grants $12,500
-
OTHER PROGRAM SERVICES INCLUDE TECHNICAL TRAINING GRANTS TO RENTAL BUSINESS OWNERS TO ASSIST WITH PROVIDING TECHNICAL TRAINING TO THEIR EMPLOYEES, SPONSORSHIPS FOR CONFERENCES RELATED TO EQUIPMENT AND EVENT RENTAL INDUSTRY, AND OTHER PROGRAM SUPPORT FOR ARA.
Expenses $160,716 · Grants $64,441 · Revenue $215
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
MARCY WRIGHT
EXECUTIVE DIRECTOR
- Total calculated
- $378,936
- From this org
- $316,431
- From related orgs
- $0
- Other
- $62,505
- Hours/week
- 2
Schedule J breakdown matched by us
- Base
- $271,410
- Bonus
- $44,745
- Other
- $276
- Deferred
- $29,279
- Nontaxable benefits
- $34,599
- Filer's total
- $380,309
-
STACY IRONS
CHAIR/TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
LIZ WILSON
VICE-CHAIR/TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
THOMAS HOLST
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
JILL PETERSON
SECRETARY
- Total calculated
- $95,128
- From this org
- $56,848
- From related orgs
- $0
- Other
- $38,280
- Hours/week
- 30
-
JOHN BIBBO
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
TERRY TURNER
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
STEVE RICCI
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
JULIA WATTS
TRUSTEE-AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
JEFF CROTTO
TRUSTEE/ARA BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
BRIAN RICHARDSON
TRUSTEE/ARA PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 2
-
TONY CONANT
TRUSTEE/ARA CEO
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART VII, SECTION A, LINE 5:
- MARCY WRIGHT AND JILL PETERSON ARE PAID BY THE AMERICAN RENTAL ASSOCIATION, AN UNRELATED ENTITY, FOR THE SERVICES THEY PROVIDE TO THE FOUNDATION. THEIR COMPENSATION AND BENEFITS ARE REPORTED ON PART VII.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$20,000
COMMUNITY IMPACT
-
$20,000
COMMUNITY IMPACT
-
SHERBROOKE FOUNDATION INC
$20,000
COMMUNITY IMPACT
-
$20,000
COMMUNITY IMPACT
-
$20,000
COMMUNITY IMPACT
-
$10,000
DISASTER RELIEF
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 3 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202632159349300808
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