The Rak Foundation For Nutritional Awareness Inc
- Assets
- $1.6k
- Revenue
- $25.0
- Investments
- $0.0
- Employees
- 0
- Location
- Whitehouse Station, NJ
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-3033381
Organization Overview
The Rak Foundation For Nutritional Awareness Inc is located in Whitehouse Station, NJ. The organization was established in 2014. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rak Foundation For Nutritional Awareness 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, Rak Foundation For Nutritional Awareness Inc generated $25.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $5.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (43.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO EMPOWER FAMILIES AND COMMUNITIES TO ACHIEVE THE HEALTHIEST START TO LIFE BY EDUCATING INDIVIDUALS AND GROUPS ABOUT THE FOOD THEY EAT, ADVOCATE FOR CLEARER INFORMATION ON CONSUMER FOOD PRODUCTS AND ADDRESS THE NUTRITIONAL CAUSES OF EPIDEMICS SUCH AS CHILDHOOD OBESITY AND ATTENTION DISORDERS WITH THE UNDERSTANDING THAT THE DIETARY HABITS FORMED IN CHILDHOOD CAN HAVE A LIFETIME OF IMPACTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Rak Trustee | 0 | $0 | |
Patricia Rak Trustee | 0 | $0 | |
Brenda Baril Trustee | 0 | $0 | |
Michele Marko Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $25 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5 |
| Total operating and administrative expenses | $5 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $5 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,626 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,626 |
| 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 |