Rapid Resource for Families Inc
Rapid Resource for Families Inc is a private foundation focused on Human Services, based in New Bern, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.3M in total assets. In 2025, it made $2.0M in qualifying distributions. Net investment income was $138K.
Rapid Resource for Families Inc at a glance
- Total assets
- $4,348,777
- +1.9% vs 2024
- Revenue (2025)
- $2,223,569
- +44.1% vs 2024
- Qualifying distributions (2025)
- $2,022,825
- +90.8% vs 2024
- Expenses (2025)
- $2,059,530
- +41.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|
| 2025 | $4,348,777 | $2,223,569 | $2,059,530 | $2,022,825 | $137,658 | $119,384 |
| 2024 | $4,267,202 | $1,542,697 | $1,452,184 | $1,060,376 | $122,318 | $192,135 |
| 2023 | $4,092,720 | $1,605,980 | $1,171,332 | $1,042,209 | $42,748 | $173,442 |
| 2022 | $3,533,716 | $1,501,971 | $789,199 | $650,723 | — | $146,346 |
| 2021 | $2,802,095 | $1,184,622 | $568,062 | $486,124 | — | $111,636 |
| 2020 | $2,188,735 | $1,195,351 | $472,437 | — | — | $79,739 |
Under IRS private-foundation payout rules, Rapid Resource for Families Inc reported a distributable amount of $119K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Rapid Resource for Families Inc is led by Meredith Newman, Executive Director on every filing since 2021; 1 of 9 officers listed in 2025 is compensated.
Officers on the 2025 filing
Meredith Newman
Executive Director
On filings since 2021
40 hrs/week
$24K (2021) → $127K (2025)
Tara Larson
Board Chair
On filings since 2020
1 hr/week
No compensation reported
Jim Jarrard
Vice Chair
Treasurer → Vice Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Mary Loyd White
Secretary
On filings since 2020
1 hr/week
No compensation reported
Kate Peterson
Board Member
On filings since 2024
1 hr/week
No compensation reported
Paris Brown
Board Member
On filings since 2024
1 hr/week
No compensation reported
Sonja Frison
Board Member
On filings since 2024
1 hr/week
No compensation reported
Christopher Shea
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Crystal Wiese
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (9)
- Former: Kelli Underwood (2020–2024) — Board Member
- Former: Mary Lloyd (2023–2024) — Secretary
- Former: Calvin Craig (2021–2023) — Board Member
- Former: Crystal Rodriguez (2022–2023) — Board Member
- Former: Melissa Bostic (2023) — Board Member
- Former: Maria Bostic (2021–2022) — Board Member
- Former: Danny Nolen (2020–2021) — CEO
- Former: Rebecca Wheeler (2020–2021) — Board Member
- Former: Shelia Reich (2020) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $127K, to Meredith Newman (Executive Director).
Frequently asked questions about Rapid Resource for Families Inc
How large is Rapid Resource for Families Inc?
Rapid Resource for Families Inc reported $4.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets).
What is Rapid Resource for Families Inc?
Rapid Resource for Families Inc is a private foundation focused on Human Services, based in New Bern, NC. It holds $4.3M in total assets as of 2025.
What is Rapid Resource for Families Inc's EIN?
Rapid Resource for Families Inc's EIN (Employer Identification Number) is 27-1072166. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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