Rhode Island 4-H Club Foundation Inc
- Assets
- $588.4k
- Revenue
- $70.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Kingston, RI
- Founding
- 05/1961
- Data as of
- 12/2021
- EIN
- 05-6016234
Organization Overview
Rhode Island 4-H Club Foundation Inc is located in Kingston, RI. The organization was established in 1961. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island 4-H Club Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rhode Island 4-H Club Foundation Inc generated $70.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $47.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE YOUTH PROGRAMS OF THE URI/COLLEGE OF THE ENVIRONMENT AND LIFE SCIENCES. 4-H OFFERS KIDS HANDS ON EDUCATION TO DEVELOP LIFE SKILLS THAT WILL SERVE THEM AS INDIVIDUALS AND CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SCHOLARSHIPS - COLLEGE SCHOLARSHIPS AWARDED TO 4-H MEMBERS.
ANIMAL SCIENCE PROGRAMS - WELL OVER 300 4-HERS PARTICIPATE IN 4-H PROGRAMS IN ANIMAL SCIENCE. THESE FUNDS ARE USED FOR WORKSHOPS, TRAINING SESSIONS, JUDGES, PRESENTATIONS, CONTESTS AND COMPETITIONS.
IN ADDITION TO ANIMAL SCIENCE PROGRAMS, THE 4-H ORGANIZATION OFFERS VARIOUS OTHER EDUCATIONAL ACTIVITIES AND EVENTS IN OTHER PROJECT AREAS INCLUDING SCIENCE, TECHNOLOGY, ENVIRONMENTAL EDUCATION, PUBLIC SPEAKING, PHOTOGRAPHY/FINE ARTS, LEADERSHIP, HEALTH AND NUTRITION, ETC. FUNDS EXPENDED IN THESE AREAS INCLUDE THE PURCHASE OF EDUCATIONAL MATERIALS, SUPPLIES, AWARDS, RENTAL OF FACILITIES, AND SMALL STIPEND/REIMBURSEMENT OF EXPENSES FOR GUEST SPEAKERS AND WORKSHOP LEADERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Briggs Secretary | OfficerTrustee | 2 | $0 |
Kathy Foster President | OfficerTrustee | 2 | $0 |
Bethany Pucino Treasurer | OfficerTrustee | 2 | $0 |
Deborah Imondi Executive Di | OfficerTrustee | 4 | $0 |
Abbie Whitford Vice Preside | OfficerTrustee | 2 | $0 |
Heather Clune Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $500 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,324 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,824 |
| Total Program Service Revenue | $7,144 |
| Investment income | $5,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,199 |
| Net Income from Fundraising Events | $13,414 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $69,955 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,052 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,848 |
| Fees for services: Other | $20,662 |
| Advertising and promotion | $352 |
| Office expenses | $10,423 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,960 |
| All other expenses | $0 |
| Total functional expenses | $47,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,611 |
| Savings and temporary cash investments | $194,022 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $130,751 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $239,064 |
| Total assets | $588,448 |
| Accounts payable and accrued expenses | $79 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $79 |
| Net assets without donor restrictions | $562,005 |
| Net assets with donor restrictions | $26,364 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $588,448 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rhode Island 4-H Club Foundation Inc has recieved totaling $8,490.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: GENERAL OPERATING | $8,316 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $174 |
Endowment Analysis
| Beg. Balance | $18,100 |
| Ending Balance | $18,100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Farm School Inc Athol, MA | $2,963,287 | $1,946,125 |
4-H Education Center At Auerfarm Inc Bloomfield, CT | $2,401,626 | $1,217,918 |
Worcester County 4-H Center Inc Spencer, MA | $1,155,680 | $820,745 |
Massachusetts 4-H Foundation Inc Framingham, MA | $9,229,390 | $486,895 |
Connecticut 4-H Foundation Inc Storrs Mansfield, CT | $432,789 | $352,367 |
Turn Back Time Paxton, MA | $410,646 | $382,499 |
Kistner Foundation Inc Ashfield, MA | $2,209,686 | $2,192,968 |
Essex County 4-H Club Camp Inc Rowley, MA | $1,087,174 | $371,942 |
Sustainable Cape-Center For Agricultural Preservation & Educat Truro, MA | $380,668 | $374,248 |
Seeds Of Solidarity Education Center Inc Orange, MA | $391,938 | $0 |
University Of Massachusetts Malden, MA | $1 | $0 |
Future Farmers Of America And Its State Associations & Local Chapter Dighton, MA | $166,474 | $112,041 |