Round Rock Area Serving Center Incorporated
- Assets
- $3.3m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 5
- Location
- Round Rock, TX
- Founding
- 11/1988
- Data as of
- 12/2021
- EIN
- 74-2454410
Organization Overview
Round Rock Area Serving Center Incorporated is located in Round Rock, TX. The organization was established in 1988. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Round Rock Area Serving Center Incorporated employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Round Rock Area Serving Center Incorporated 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, Round Rock Area Serving Center Incorporated generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 16.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SERVING CENTER CARRIES OUT A COMMUNITY-WIDE MISSION OF CHURCHES, OTHER ORGANIZATIONS, AND INDIVIDUALS SERVING THE HUMAN NEEDS IN THE CITY OF ROUND ROCK, TX AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, THE SERVING CENTER ASSISTED A TOTAL OF 60,254 UNDERPRIVILEGED LOW-INCOME INDIVIDUALS AND FAMILIES-IN-CRISIS FROM 12,991 HOUSEHOLDS WITH FOOD AND FINANCIAL ASSISTANCE. A TOTAL OF 11,999 HOUSEHOLDS WERE SERVED FROM THE FOOD DISTRIBUTION PROGRAM. THE FOOD PANTRY PROCESSED 1,443,407 LBS OF FOOD. CLOTHING AND FURNITURE VALUED AT $41,155 WERE GIVEN TO LOW INCOME FAMILIES THROUGH THE CHARITY THRIFT STORE. THE SERVING CENTER ALSO PROVIDED FAMILIES AND INDIVIDUALS WHO WERE EXPERIENCING FINANCIAL HARDSHIP VOUCHERS TO USE IN THE THRIFT STORE TO PURCHASE CLOTHING AND FURNITURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Scott Executive Director | Officer | 40 | $90,000 |
Greg Rabaey Treasurer | OfficerTrustee | 5 | $0 |
Stacie Bryan President | OfficerTrustee | 5 | $0 |
Cady Clark Vice President | OfficerTrustee | 5 | $0 |
Art Cardenas Secretary | OfficerTrustee | 5 | $0 |
Kim Britton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,263 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,267,210 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,671,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,989,107 |
| Total Program Service Revenue | $0 |
| Investment income | $987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $93,962 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $334,919 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,437,145 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,033,525 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $18,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,370 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,385 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29,636 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,999 |
| Insurance | $25,955 |
| All other expenses | $220,448 |
| Total functional expenses | $3,957,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $906,366 |
| Savings and temporary cash investments | $1,370,125 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $8,079 |
| Net Land, buildings, and equipment | $998,799 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,283,369 |
| Accounts payable and accrued expenses | $35,959 |
| 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 | $0 |
| Total liabilities | $35,959 |
| Net assets without donor restrictions | $2,493,578 |
| Net assets with donor restrictions | $753,832 |
| 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 | $3,283,369 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Round Rock Area Serving Center Incorporated has recieved totaling $554,326.
| Awarding Organization | Amount |
|---|---|
St Davids Foundation Austin, TX PURPOSE: HEALTH ACCESS GRANT | $180,000 |
Greater Round Rock Community Foundation Inc Round Rock, TX PURPOSE: GENERAL ORGANIZATIONAL SUPPORT | $153,500 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $73,224 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $73,224 |
Nolan Ryan Foundation Round Rock, TX | | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $17,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Centerpoint Energy Foundation Inc Houston, TX | $70,813,659 | $24,292,942 |
The Cullen Foundation Houston, TX | $278,005,765 | $19,628,625 |
Union General Hospital Farmerville, LA | $25,999,661 | $20,373,665 |
Karakin Foundation Abilene, TX | $132,653,937 | $29,351,833 |
Fore Kids Foundation Inc Avondale, LA | $11,128,381 | $16,554,167 |
Addy Foundation Dallas, TX | $79,281,983 | $6,993,780 |
Willard And Pat Walker Charitable Foundation Inc Fayetteville, AR | $353,155,323 | $36,054,174 |
Stanley E Fulton Family Foundation Dallas, TX | $203,743,171 | -$10,523,305 |
Srb Charitable Corporation Fort Worth, TX | $75,222,672 | $6,910,443 |
Jay Pritzker Foundation Houston, TX | $33,789,125 | $2,840,542 |
Greehey Family Foundation San Antonio, TX | $169,607,829 | $20,192,503 |
Eula Mae And John Baugh Foundation Jersey Village, TX | $172,592,135 | $27,686,076 |