Raise The Bar Inc
- Assets
- $167.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stamford, CT
- Founding
- 10/1999
- Data as of
- 06/2023
- EIN
- 06-1536742
Organization Overview
Raise The Bar Inc is located in Stamford, CT. The organization was established in 1999. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Raise The Bar 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 06/2023, Raise The Bar Inc generated $42.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.7% each year . All expenses for the organization totaled $61.9k during the year ending 06/2023. While expenses have increased by 5.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION NORMALLY HOLDS A FUND RAISING GOLF TOURNAMENT TO PROVIDE REVENUE FOR THE ORGANIZATIONS EXEMPT PURPOSE (28 GRANTS WERE ISSUED)NO GRANTS WERE ISSUED IN EXCESS OF $5,000.00THE EXEMPT PURPOSE IS PROVIDING FUNDS FOR CANCER INFLICTED PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Musumeci President | 1.75 | $0 | |
Terry Baxendale Vice President | 0.25 | $0 | |
Marcia Groglio Secretary | 0.25 | $0 | |
William Arnone Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,528 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,720 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,248 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $628 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $274 |
| Total expenses | $61,944 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $167,619 |
| Other assets | $0 |
| Total assets | $167,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,619 |