Rtwelve Inc
- Assets
- $109.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Aliso Viejo, CA
- Founding
- 09/2018
- Data as of
- 06/2022
- EIN
- 81-4101336
Organization Overview
Rtwelve Inc is located in Aliso Viejo, CA. The organization was established in 2018. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Rtwelve 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 06/2022, Rtwelve Inc generated $46.7k 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 (29.6%) each year. All expenses for the organization totaled $60.9k during the year ending 06/2022. 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
EXPENSES INCURRED TO FACILITATE THE CHAPTERS AND PURSUE EXPANSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Milo Ed From 10/2021 | 40 | $7,475 | |
Brady Schmidt Treasurer | 3 | $0 | |
Deann Carroll Chairman | 3 | $0 | |
Candace Nesbitt Ed To 9/2021 | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,141 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,515 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,667 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,375 |
| Professional fees and other payments to independent contractors | $8,286 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $567 |
| Other expenses | $38,635 |
| Total expenses | $60,863 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,427 |
| Other assets | $0 |
| Total assets | $109,649 |
| Total liabilities | $317 |
| Net assets or fund balances | $109,332 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rtwelve Inc has recieved totaling $1,800.
| Awarding Organization | Amount |
|---|---|
Cashion Foundation Newport Beach, CA PURPOSE: TEACHING YOUNG ADULTS TO TEACH. SERVE AND LOVE AS BIBLE CALLS. | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conservation Corps Of Long Beach Long Beach, CA | $9,166,980 | $11,871,279 |
We Hope East Palo Alto, CA | $4,717,112 | $7,572,079 |
San Francisco City Impact San Francisco, CA | $1,094,213 | $7,113,381 |
Fresh Lifelines For Youth Inc Milpitas, CA | $7,609,651 | $8,984,163 |
East Bay Asian Youth Center Oakland, CA | $1,698,812 | $7,118,392 |
Access Youth Academy San Diego, CA | $4,330,454 | $1,221,754 |
The Painted Turtle Santa Monica, CA | $41,527,735 | $8,643,050 |
Paradise Oaks Youth Services Citrus Heights, CA | $3,816,959 | $7,297,497 |
Youth Leadership Institute San Francisco, CA | $3,931,170 | $6,133,227 |
Reading And Beyond Fresno, CA | $7,228,751 | $5,413,699 |
King Philanthropies Inc Menlo Park, CA | $120,079,985 | $59,553,256 |
Future Leaders Of America Oxnard, CA | $2,173,035 | $2,809,963 |