Riley Family Education Foundation Inc
- Assets
- $4.3m
- Revenue
- $2.9m
- Investments
- $1.2m
- Employees
- 0
- Location
- Dunedin, FL
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-4485687
Organization Overview
Riley Family Education Foundation Inc is located in Dunedin, FL. The organization was established in 2009. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riley Family Education 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 12/2023, Riley Family Education Foundation Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.2% each year . All expenses for the organization totaled $587.9k during the year ending 12/2023. While expenses have increased by 9.7% per year over the past 8 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.
Since 2015, Riley Family Education Foundation Inc has awarded 192 individual grants totaling $4,060,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Riley President | 20 | $0 | |
Mary Jo Riley Secretarydirector | 1 | $0 | |
Scott Riley Chairmandirector | 10 | $0 | |
Nicole Riley Director | 5 | $0 | |
Michelle Riley Director | 1 | $0 | |
Lori Bodinizzo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,872,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $60,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$45,164 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,887,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,669 |
| Total operating and administrative expenses | $10,255 |
| Contributions, gifts, grants paid | $577,685 |
| Total expenses and disbursements | $587,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,050 |
| Savings and temporary cash investments | $2,905,667 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,707 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,347,065 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Riley Family Education Foundation Inc has awarded $577,685 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
BLESSED SACRAMENT CATHOLIC SCHOOL PURPOSE: GENERAL SUPPORT | $10,000 |
BOYS GIRLS CLUB OF THE SUNCOAST PURPOSE: GENERAL SUPPORT | $20,000 |
CLEARWATER CENTRAL CATHOLIC HIGH SC PURPOSE: GENERAL SUPPORT | $83,557 |
ESPIRITU SANTO CATHOLIC SCHOOL PURPOSE: GENERAL SUPPORT | $21,972 |
BRADENTON CHRISTIAN SCHOOL PURPOSE: GENERAL SUPPORT | $14,000 |
COMMUNITY FOUNDATION OF TAMPA BAY PURPOSE: GENERAL SUPPORT | $3,500 |