Ret-Kat Foundation
- Assets
- $1.8m
- Revenue
- $109.8k
- Investments
- $593.3k
- Employees
- 0
- Location
- Waco, TX
- Founding
- 12/2004
- Data as of
- 12/2022
- EIN
- 45-0520843
Organization Overview
Ret-Kat Foundation is located in Waco, TX. The organization was established in 2004. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Ret-Kat Foundation 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 12/2022, Ret-Kat Foundation generated $109.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $143.6k during the year ending 12/2022. While expenses have increased by 7.7% 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 2014, Ret-Kat Foundation has awarded 55 individual grants totaling $273,675. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A BUILDING FOR CHARITIES TO USE FOR OFFICES, CONFERENCES, TRAINING AND OTHER ACTIVITIES RELATED TO THEIR EXEMPT PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert E Tunmire Director | 1 | $8,115 | |
Kathryn A Tunmire Director | 1 | $0 | |
Janice Neckar Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,738 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $63,902 |
| Capital Gain Net Income | $63,902 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,140 |
| Total Revenue | $109,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,115 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,617 |
| Taxes | $11,401 |
| Depreciation | $30,277 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,761 |
| Total operating and administrative expenses | $101,421 |
| Contributions, gifts, grants paid | $42,200 |
| Total expenses and disbursements | $143,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,300 |
| Savings and temporary cash investments | $0 |
| 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 | $1,106,031 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,759,634 |
| 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, Ret-Kat Foundation has awarded $42,200 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ST PETER'S CATHOLIC CHURCH PURPOSE: GENERAL FUND | $20,000 |
ST LOUIS CATHOLIC CHURCH PURPOSE: GENERAL FUND | $7,200 |
NDVH-NATIONAL DOMESTIC VIOLENCE HOTLINE PURPOSE: GENERAL FUND | $5,000 |
ST JOHN THE BAPTIST CHURCH PURPOSE: GENERAL FUND | $5,000 |
ARMOR OF GOD RADIO PURPOSE: GENERAL FUND | $5,000 |