Ravens Roost Foundation For Families Inc is located in Baltimore, MD. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ravens Roost Foundation For Families 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 12/2023, Ravens Roost Foundation For Families Inc generated $135.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $27.8k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE ORGANIZATION WITH THE EXPRESS PURPOSE OF PROVIDING CHARITABLE PROGRAMS AND FINANCIAL SUPPORT TO "UNDER PRIVILEGED" FAMILIES,CHILDREN, AND TO OTHER CHARITABLE FOUNDATIONS LOCATED IN THE BALTIMORE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE ORGANIZATION WITH THE EXPRESS PURPOSE OF PROVIDING CHARITABLE PROGRAMS AND FINANCIAL SUPPORT TO "UNDER PRIVILEGED" FAMILIES, CHILDREN, AND TO OTHER CHARITABLE FOUNDATIONS LOCATED IN THE BALTIMORE AREA. THIS FOUNDATION HAS RAISED THOUSANDS OF DOLLARS AND DONATED TO OTHER CHARITABLE ORGANIZATIONS INCLUDING 6,050 DONATED IN 2023 AND 11,174 DONATED IN 2022. DURING 2023, ORGANIZATION DONATED THANKSGIVING MEALS TO 415 FAMILIES COSTING 14,248.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Barger Board Member | Trustee | 1 | $0 |
Robert Book Sergeant At | OfficerTrustee | 3 | $0 |
Tracey Book Secretary | OfficerTrustee | 3 | $0 |
Joyce Burk Board Member | Trustee | 1 | $0 |
Sandi Fike Board Member | Trustee | 1 | $0 |
Dawn Kaline Board Chairm | OfficerTrustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,861 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,861 |
Total Program Service Revenue | $0 |
Investment income | $7,151 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $19,149 |
Net Income from Fundraising Events | $101,775 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $135,936 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $6,050 |
Grants and other assistance to domestic individuals. | $15,248 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $650 |
Office expenses | $328 |
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 | $2,337 |
All other expenses | $0 |
Total functional expenses | $27,782 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,215 |
Savings and temporary cash investments | $7,100 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $27,318 |
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 | $385,355 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $500 |
Total assets | $508,488 |
Accounts payable and accrued expenses | $7,435 |
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 | $7,435 |
Net assets without donor restrictions | $501,053 |
Net assets with donor restrictions | $0 |
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 | $508,488 |