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RINGS VS RENT SCHOLARSHIP FOUNDATION

EIN 32-0430180 QUINTON, VA

Browse the largest nonprofits in Virginia

Revenue 2024
$536,821
Expenses 2024
$415,603

Program services were 90.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B99
Classification
1000
Street
7524 CUMBERLAND STN RD STE 200

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

9 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 200). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

RINGS VS RENT SCHOLARSHIP FOUNDATION SEEKS TO PROVIDE PROACTIVE AND INCREASED ATTENTION TO THE TIMELINESS AND ACCESS TO COLLEGE AND CAREER READINESS OPPORTUNITIES FOR STUDENTS THAT WILL COUNTER THE ASPECTS OF VIOLENCE IN LOW-INCOME COMMUNITIES. RINGS VS RENT SCHOLARSHIP FOUNDATION AIMS TO ACCOMPLISH THIS THROUGH A VARIETY OF PROGRAMS IN EDUCATION, RECREATION, AND COMMUNITY OUTREACH.

Activities or mission (Part I)

RINGS VS RENT SCHOLARSHIP FOUNDATION SEEKS TO PROVIDE PROACTIVE AND INCREASED ATTENTION TO THE TIMELINESS AND ACCESS TO COLLEGE AND CAREER READINESS OPPORTUNITIES FOR STUDENTS THAT WILL COUNTER THE ASPECTS OF VIOLENCE IN LOW-INCOME COMMUNITIES.

  • RINGS VS RENT SCHOLARSHIP FOUNDATION OPERATES AFTER-SCHOOL PROGRAMS AT MARTIN LUTHER KING JR. MIDDLE SCHOOL IN RICHMOND, VA FOR THE BENEFIT OF THE YOUTH. IN THESE PROGRAMS, STUDENTS ARE TAUGHT BASIC LIFE SKILLS THAT INCLUDE TIME MANAGEMENT, ANGER MANAGEMENT, COLLEGE, AND CAREER READINESS, AND SELF-CARE, WHICH HAVE HAD AN AMAZING IMPACT ON THE STUDENT POPULATION, TEACHERS, STAFF, AND PARENTS OF STUDENTS. THESE PROGRAMS EXIST TO COMBAT VIOLENCE IN THE LOW-INCOME COMMUNITIES IN WHICH THE STUDENTS OF MARTIN LUTHER KING JR. MIDDLE SCHOOL RESIDE.

    Expenses $377,134 · Grants $1,105 · Revenue $536,821

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Michael L Bailey

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $536,821
    Expenses
    $415,603
    Contributions
    $536,821
    Grants paid
    $1,105

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Form 990-N e-Postcard, tax year 2024

Tax period
1 January 2024 to 31 December 2024
Principal officer
Michael Bailey
Mailing address
7372 Patriots Landing PlQuinton VA 23141

As filed, from the IRS e-Postcard file of 9 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 11 November 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.