Drake Rayden Foundation
- Assets
- $11.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greer, SC
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-2383660
Organization Overview
Drake Rayden Foundation is located in Greer, SC. The organization was established in 2018. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drake Rayden Foundation 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 12/2022, Drake Rayden Foundation generated $116.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $133.9k during the year ending 12/2022. While expenses have increased by 45.9% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
TO BRING HOPE THROUGH THE GOSPEL, RAISE AWARENESS AND FUNDS FOR BETTER TREATMENT FOR DRAKE AND ALL CHILDREN AFFECTED BY NKH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tarah Osullivan Chief Executive Officer | 25 | $0 | |
Eric Osullivan Chief Financial Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $116,644 |
| 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 | $116,644 |
| 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 | $43,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,813 |
| Total expenses | $133,913 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,536 |
| Other assets | $0 |
| Total assets | $11,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,536 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenwood Genetic Center Inc Greenwood, SC | $9,358,193 | $24,371,926 |
Community Health Interventions And Sickle Cell Agency Inc Fayetteville, NC | $519,573 | $2,014,356 |
Parkinson Association Of The Carolinas Charlotte, NC | $1,804,121 | $292,713 |
International Neurosurgery Education And Research Foundation Raleigh, NC | $207,034 | $85,667 |
Drake Rayden Foundation Greer, SC | $11,536 | $0 |
Concessions For Christ Inc Cedartown, GA | $94,014 | $0 |
Alliance To Solve Pans And Immune Related Encephalopathies Inc Atlanta, GA | $166,832 | $0 |
The 11q Research And Resource Group Inc Canton, GA | $116,883 | $0 |
Braelyn Aubrey Foundation Lexington, SC | $3,891 | $6,800 |
The Hope For Holt Foundation Charlotte, NC | $849 | $0 |
Abca Health & Education Foundation Inc Canton, GA | $320,546 | $0 |