Rice Bowl Inc
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Spartanburg, SC
- Founding
- 10/1987
- Data as of
- 12/2023
- EIN
- 57-0818664
Organization Overview
Rice Bowl Inc is located in Spartanburg, SC. The organization was established in 1987. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Rice Bowl Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rice Bowl 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, Rice Bowl Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
1. THE CORPORATION FOCUSES ON EDUCATING PEOPLE IN THE US ON THE GLOBAL ORPHAN CRISIS AND FUNDRAISING IN THE US WITH THE PURPOSE OF FORWARDING FUNDS TO OUR PARTNER CHILDREN'S HOMES. 2. TO ACT AS A CATALYST WITHIN THE BODY OF CHRIST TO STIMULATE A VISION, TO CREATE A SPIRIT OF COOPERATION, AND TO IMPLEMENT AN ONGOING STRATEGY TO IMPACT THE PLIGHT OF ORPHANS IN THE NAME OF CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDED DECEMBER 31, 2023, RICE BOWLS, INC. PROVIDED 100% OF THE FOOD FOR CHILDREN IN 58 PARTNERING FAITH-BASED CHILDREN'S HOMES LOCATED IN 9 COUNTRIES. DURING THE YEAR, THE ORGANIZATION HELPED PROVIDE MORE THAN 2.01 MILLION MEALS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
T Dodd Caldwell President | OfficerTrustee | 0 | $0 |
Josh Henderson Secretary | OfficerTrustee | 0 | $0 |
Bob Caldwell Chairman | OfficerTrustee | 0 | $0 |
Will Bouton Board Member | Trustee | 0 | $0 |
Susanne Troutt Treasurer | OfficerTrustee | 0 | $0 |
Rob Wright Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,101,761 |
| Noncash contributions included in lines 1a–1f | $4,475 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,101,761 |
| Total Program Service Revenue | $789 |
| Investment income | $31,271 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,129,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $684,108 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,525 |
| Compensation of current officers, directors, key employees. | $5,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,321 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,626 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,299 |
| Office expenses | $1,671 |
| Information technology | $1,855 |
| Royalties | $0 |
| Occupancy | $4,305 |
| Travel | $180,876 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,624 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273 |
| Insurance | $0 |
| All other expenses | $7,539 |
| Total functional expenses | $1,082,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,063 |
| Savings and temporary cash investments | $201,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $160 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $661 |
| Investments—publicly traded securities | $477,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,101,192 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,170 |
| Total liabilities | $2,170 |
| Net assets without donor restrictions | $1,088,550 |
| Net assets with donor restrictions | $10,472 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,101,192 |