Rachels Network Inc
- Assets
- $1.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 9
- Location
- Washington, DC
- Founding
- 06/1999
- Data as of
- 12/2023
- EIN
- 31-1644905
Organization Overview
Rachels Network Inc is located in Washington, DC. The organization was established in 1999. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 12/2023, Rachels Network Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rachels Network 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, Rachels Network Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 14.6% 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 2016, Rachels Network Inc has awarded 63 individual grants totaling $1,113,189. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RACHEL'S NETWORK PROMOTES WOMEN AS AGENTS OF CHANGE DEDICATED TO THE STEWARDSHIP OF THE EARTH. NETWORK PROGRAMS CULTIVATE LEADERSHIP, INSTILL PHILANTHROPIC ACUITY, AND DEEPEN UNDERSTANDING OF CRITICAL ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING, EDUCATION, AND LEADERSHIP PROGRAMS: IN 2023, WE HELD EDUCATIONAL AND CONVERSATIONAL WEBINARS AND BOOK CLUBS THROUGHOUT THE YEAR FOR OUR NETWORK OF WOMEN FUNDERS ON A VARIETY OF ENVIRONMENTAL AND PHILANTHROPIC ISSUES. WE ALSO HELD A FIVE DAY IN-PERSON EVENT IN PAICINES AND MONTEREY, CA TO HEAR FROM LOCAL ENVIRONMENTAL LEADERS.ADDITIONALLY, WE HELD AN IN-PERSON LUNCHEON IN SANTA BARBARA TO HEAR FROM WOMEN'S LEADERSHIP IN CLEAN ENERGY AND CLIMATE JUSTICE IN ADDITION TO THREE IN-OFFICE EVENTS HIGHLIGHTING VARIOUS PHILANTHROPIC ISSUES. IN ALL THESE FORUMS, MEMBERS LEARNED FROM EACH OTHER AND EXPERTS ABOUT INTERRELATED CHALLENGES TO THE ENVIRONMENT, HUMAN HEALTH, ENVIRONMENTAL JUSTICE, AND COMMUNITY WELL-BEING, AS WELL AS THE ROLE THAT WOMEN LEADERS AND PHILANTHROPISTS PLAY IN AMENDING PAST AND PRESENT HARM AND WORK TOWARDS BUILDING A MORE SUSTAINABLE AND LIVABLE FUTURE. BEYOND THEIR EDUCATIONAL VALUE, THESE EVENTS PROVIDE MEMBERS A SENSE OF COMMUNITY.
GRANTMAKING PROGRAMS: OUR SIGNATURE PROGRAM, THE CATALYST AWARD, CELEBRATES WOMEN OF COLOR WHO ARE BUILDING A HEALTHIER, SAFER, AND MORE JUST WORLD BY PROVIDING FINANCIAL, LEADERSHIP, AND NETWORKING SUPPORT. THE PROGRAM AIMS TO HELP ADDRESS RACIAL INEQUALITY IN THE ENVIRONMENTAL FUNDING SPACE. IN 2023, WE RECOGNIZED SIX AWARDEES AND TEN FINALISTS WHO ARE WORKING FOR EQUITABLE CLEAN ENERGY, ENVIRONMENTAL JUSTICE AND RIGHTS, AND SUSTAINABLE AGRICULTURE, AMONG OTHER TOPICS. IN ADDITION TO PROVIDING AN ANNUAL $15,000 STIPEND TO AWARDEES AND A $10,000 ORGANIZATIONAL (IF APPLICABLE) GRANT TO THEIR AFFILIATED ORGANIZATION, WE FOSTER THEIR SENSE OF COMMUNITY THROUGH A LISTSERV AND DISCUSSION GROUPS TO PROVIDE A COMMUNITY OF ADVICE AND SUPPORT. ADDITIONALLY, IF AWARDEES CHOOSE TO UTILIZE A PORTION OF THEIR GRANT TOWARDS LEADERSHIP SERVICES, WE OFFER TO HELP FACILITATE THROUGH ONE OF OUR VENDORS. OUR FUNDER MEMBERS WHO HAVE PARTICIPATED IN THE CATALYST AWARD ARE FUNDING MORE BIPOC-LED ORGANIZATIONS THAN THEY DID BEFORE PARTICIPATING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Holmes Director | Trustee | 1 | $0 |
Elena Marszalek Director | Trustee | 1 | $0 |
Tacy Hahn Director | Trustee | 1 | $0 |
Josie Gabel Director | Trustee | 1 | $0 |
Ann Hunter-Welborn Director | Trustee | 1 | $0 |
Martha Davis Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $417,981 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,301,532 |
| Noncash contributions included in lines 1a–1f | $140,596 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,719,513 |
| Total Program Service Revenue | $108,623 |
| Investment income | $49,046 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$867 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,880,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $367,746 |
| Grants and other assistance to domestic individuals. | $442,125 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $170,300 |
| Compensation of current officers, directors, key employees. | $21,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $492,122 |
| Pension plan accruals and contributions | $22,377 |
| Other employee benefits | $20,931 |
| Payroll taxes | $53,884 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $433 |
| Fees for services: Accounting | $30,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,237 |
| Fees for services: Other | $3,189 |
| Advertising and promotion | $0 |
| Office expenses | $62,747 |
| Information technology | $15,205 |
| Royalties | $0 |
| Occupancy | $156,852 |
| Travel | $34,379 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $109,066 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,920 |
| Insurance | $10,060 |
| All other expenses | $0 |
| Total functional expenses | $2,110,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $224,952 |
| Savings and temporary cash investments | $76,339 |
| Pledges and grants receivable | $99 |
| 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 | $63,503 |
| Net Land, buildings, and equipment | $17,235 |
| Investments—publicly traded securities | $1,327,713 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,163 |
| Total assets | $1,750,004 |
| Accounts payable and accrued expenses | $11,122 |
| Grants payable | $0 |
| Deferred revenue | $18,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $13,327 |
| 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 | $43,249 |
| Net assets without donor restrictions | $1,242,542 |
| Net assets with donor restrictions | $464,213 |
| 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 | $1,750,004 |
Grants Awarded
Over the last fiscal year, Rachels Network Inc has awarded $353,321 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
TAPROOT EARTH PURPOSE: CATALYST AWARD | $25,000 |
WEST VIRGINIA RIVERS COALITION PURPOSE: PEOPLE OVER PETRO | $99,821 |
BLACK IN MARINE SCIENCE PURPOSE: CATALYST AWARD | $25,000 |
THE CHISHOLM LEGACY PROJECT PURPOSE: BLACK FEMME LEADERSHIP | $23,375 |
RISE TO THRIVE PURPOSE: BLACK FEMME LEADERSHIP | $23,375 |
CLIMATE CRITICAL EARTH PURPOSE: BLACK FEMME LEADERSHIP | $23,375 |