Rwb Foundation Inc
- Assets
- $6.3m
- Revenue
- $309.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Hilliard, FL
- Founding
- 08/2015
- Data as of
- 12/2021
- EIN
- 47-2547952
Organization Overview
Rwb Foundation Inc is located in Hilliard, FL. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rwb 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 12/2021, Rwb Foundation Inc generated $309.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $209.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE THE EXPANSION OF SUSTAINABLE AND ORGANIC AGRICULTURE PRACTICES BY PROVIDING INDIVIDUALS AND BUSINESSES WITH DESIRABLE RATE LOANS
TO SUPPORT ONGOING OPERATIONS OF SUSTAINABLE AND ORGANIC AGRICULTURAL ENDEAVORS BY OFFERING GRANT FUNDING FOR OPERATING EXPENSES, CONSULTING, AND PROFESSIONAL SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Nazzaro Exec Dir | 35 | $125,653 | |
Richard W Blaudow President | 10 | $0 | |
Delores A Blaudow Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $27 |
| 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 | $109,016 |
| Total Revenue | $309,043 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $125,653 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $9,613 |
| Interest | $0 |
| Taxes | $630 |
| Depreciation | $201 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,907 |
| Total operating and administrative expenses | $182,403 |
| Contributions, gifts, grants paid | $26,600 |
| Total expenses and disbursements | $209,003 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,590 |
| 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 | $5,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,194,571 |
| Net Land, buildings, and equipment | $278 |
| Other assets | $0 |
| Total assets | $6,315,439 |
| 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, Rwb Foundation Inc has awarded $26,600 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LAURA WHITE PURPOSE: PEST MGMT STUDY / IPM LIVESTOCK PLAN | $20,000 |
WORLD HONEY MARKET PURPOSE: FINANCIAL CONSULTING SERVICES | $6,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rwb Foundation Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metro Atlanta Host Committee Inc Atlanta, GA | $222,399 | $14,582,853 |
Tampa Bay Convention & Visitors Bureau Inc Tampa, FL | $9,049,029 | $16,723,785 |
South Alabama Regional Planning Commission Mobile, AL | $10,162,715 | $18,722,811 |
Discover Palm Beach County Inc West Palm Beach, FL | $6,257,115 | $17,672,568 |
Step Up Suncoast Inc Sarasota, FL | $3,209,226 | $16,919,808 |
Atlanta Convention & Vistors Bureau Inc Atlanta, GA | $20,280,984 | $17,066,911 |
Access To Capital For Entrepreneurs Inc Cleveland, GA | $88,796,114 | $11,013,240 |
The Miami-Dade Beacon Council Inc Miami, FL | $5,791,643 | $5,287,764 |
Sarasota Convention And Visitors Bureau Sarasota, FL | $1,250,974 | $4,640,700 |
Grove Park Foundation Inc Atlanta, GA | $25,190,874 | $3,791,912 |
Woodlawn Foundation Inc Birmingham, AL | $23,281,492 | $7,022,697 |
East Tampa Business And Civic Association Inc Tampa, FL | $6,775,919 | $3,764,186 |