Rye Foundation Inc
- Assets
- $14.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 56-2241298
Organization Overview
Rye Foundation Inc is located in Winstonsalem, NC. The organization was established in 2002. According to its NTEE Classification (O12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rye 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 12/2022, Rye Foundation Inc generated $79.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $73.6k during the year ending 12/2022. While expenses have increased by 5.3% per year over the past 6 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTING CHRISTIAN VALUES AND EDUCATION AMONG YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Warren Steen III President | 40 | $16,000 | |
Pamela Cash Board Member | 1 | $0 | |
Christa H Warise Board Member | 1 | $0 | |
Ingram Hedgpeth Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,187 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $79,187 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,504 |
| Professional fees and other payments to independent contractors | $1,038 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $777 |
| Other expenses | $2,085 |
| Total expenses | $73,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,307 |
| Other assets | $0 |
| Total assets | $14,307 |
| Total liabilities | $3,624 |
| Net assets or fund balances | $10,683 |