Raibrook Foundation Inc
- Assets
- $27.2m
- Revenue
- $2.2m
- Investments
- $21.8m
- Employees
- 0
- Location
- Sturgeon Bay, WI
- Founding
- 09/1991
- Data as of
- 12/2023
- EIN
- 39-1683091
Organization Overview
Raibrook Foundation Inc is located in Sturgeon Bay, WI. The organization was established in 1991. 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. Raibrook 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, Raibrook Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. While expenses have increased by 0.4% per year over the past 9 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.
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 |
|---|---|---|---|
Julie L Laluzerne Secretary | 30 | $103,995 | |
Michael L Madden Board Member | 2 | $3,000 | |
Amy J Stephens Vice Preside | 2 | $3,000 | |
Thomas O Wulf President | 2 | $3,000 | |
Roger L Wood Board Member | 2 | $3,000 | |
Collin Jeanquart Treasurer | 2 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $45,408 |
| Dividends & Interest | $749,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,292,656 |
| Capital Gain Net Income | $1,292,656 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $99,917 |
| Total Revenue | $2,187,749 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $118,995 |
| Other employee salaries and wages | $35,467 |
| Pension plans, employee benefits | $14,623 |
| Interest | $0 |
| Taxes | $16,225 |
| Depreciation | $2,652 |
| Occupancy | $16,800 |
| Travel, conferences, and meetings | $10,124 |
| Printing and publications | $0 |
| Other expenses | $79,521 |
| Total operating and administrative expenses | $444,475 |
| Contributions, gifts, grants paid | $1,251,391 |
| Total expenses and disbursements | $1,695,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,218 |
| Savings and temporary cash investments | $5,223,400 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $14,360 |
| Other assets | $0 |
| Total assets | $27,170,167 |
| 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 | $4,175 |
| Total liabilities | $4,175 |