Rtn Goodworks Foundation Inc
- Assets
- $84.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waltham, MA
- Founding
- 07/2011
- Data as of
- 12/2021
- EIN
- 80-0709184
Organization Overview
Rtn Goodworks Foundation Inc is located in Waltham, MA. The organization was established in 2011. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rtn Goodworks 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, Rtn Goodworks Foundation Inc generated $49.0k 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 (4.4%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 5 years. 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
RTN GOODWORKS FOUNDATION IS A NON-PROFIT, PUBLIC CHARITABLE FOUNDATION THAT FOSTERS FINANCIAL WELLNESS, AND PROMOTES FINANCIAL LITERACY AND COMMUNITY INVOLVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan C Kuhn Chair & Director | 1 | $0 | |
Nicole James Treasurer & Director | 1 | $0 | |
John F Torpey Jr Director | 1 | $0 | |
Henry Doyle Clerk & Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,551 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,640 |
| Other Revenue | $0 |
| Total Revenue | $49,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,058 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,961 |
| Total expenses | $28,419 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,924 |
| Other assets | $0 |
| Total assets | $84,924 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,924 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rtn Goodworks Foundation Inc has recieved totaling $32,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $16,000 |
Enterprise Holdings Foundation Saint Louis, MO PURPOSE: PROGRAM SUPPORT | $16,000 |
Peer Organizations
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|---|---|---|
Cambridge Credit Counseling Corp Agawam, MA | $10,545,696 | $7,101,425 |
Hebrew Free Loan Society Inc New York, NY | $39,139,675 | $5,814,730 |
Consumers Credit Counseling Service Of Rochester Inc Rochester, NY | $7,908,723 | $3,468,563 |
Start Small Think Big Inc New York, NY | $5,478,531 | $5,454,234 |
Money Management New York, NY | $8,835,712 | $4,309,180 |
Intl Federation Of Red Cross And Red Crescent Soc At The U N Inc New York, NY | $144,561 | $1,804,361 |
Parachute Credit Counseling Inc West Seneca, NY | $1,575,678 | $1,698,417 |
Safeguard Credit Counseling Services Inc Northport, NY | $4,600,765 | $1,433,533 |
New Haven Homeownership Center Inc New Haven, CT | $925,496 | $726,500 |
Grow Brooklyn Inc Brooklyn, NY | $930,864 | $1,128,015 |
Neighborhood Housing Services Of Brooklyn Bedford-Stuyvesant Cdc In Brooklyn, NY | $839,212 | $801,648 |
Qualitas Of Life Foundation New York, NY | $483,767 | $488,279 |