Rye Foundation Inc
- Assets
- $8.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winstonsalem, NC
- Founding
- 02/2002
- Data as of
- 12/2021
- 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 12/2021, Rye Foundation Inc generated $81.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $80.6k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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
2021
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 | $81,219 |
| 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 | $81,219 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,524 |
| Professional fees and other payments to independent contractors | $585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,039 |
| Other expenses | $3,690 |
| Total expenses | $80,588 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,723 |
| Other assets | $0 |
| Total assets | $8,723 |
| Total liabilities | $3,624 |
| Net assets or fund balances | $5,099 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rye Foundation Inc has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
R A Bryan Foundation Inc Goldsboro, NC PURPOSE: RELIGION | $25,000 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
One Eleuthera Foundation Clemson, SC | $425,301 | $3,559,088 |
The Jesse Helms Center Foundation Wingate, NC | $10,139,785 | $832,538 |
Congressional Sports For Charity Alexandria, VA | $777,505 | $905,404 |
Gnf Clarksville, TN | $246,958 | $954,659 |
Dreams Fore Kids Inc Greensboro, NC | $52,918 | $671,050 |
Youth Life Foundation Of Richmond Richmond, VA | $331,898 | $775,489 |
Dreamchasers Clarksville, TN | $172,017 | $578,217 |
M4k Lynchburg Inc Lynchburg, VA | $46,148 | $496,402 |
Atlanta Charity Clays Inc Atlanta, GA | $645,655 | $485,330 |
3e Funding Inc Clarksville, TN | $268,851 | $536,563 |
Variety Of Eastern Tennessee Knoxville, TN | $797,429 | $885,436 |
Virginia Extreme Force Inc Chesapeake, VA | $3,310,153 | $689,057 |