Drake Rayden Foundation
- Assets
- $28.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greer, SC
- Founding
- 06/2018
- Data as of
- 12/2021
- 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 12/2021, Drake Rayden Foundation generated $97.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.1% each year . All expenses for the organization totaled $84.2k during the year ending 12/2021. While expenses have increased by 43.4% per year over the past 5 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
2021
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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tarah Osullivan Chief Executive Officer | 25 | $13,183 | |
Eric Osullivan Chief Financial Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,293 |
| 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 | $97,293 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,183 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,019 |
| Total expenses | $84,202 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,805 |
| Other assets | $0 |
| Total assets | $28,805 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,805 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Drake Rayden Foundation has recieved totaling $10,100.
| Awarding Organization | Amount |
|---|---|
South Carolina Christian Foundation Spartanburg, SC PURPOSE: GENERAL SUPPORT | $10,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 01/12/21 | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Health Interventions And Sickle Cell Agency Inc Fayetteville, NC | $519,573 | $2,014,356 |
Parkinson Association Of The Carolinas Charlotte, NC | $2,104,348 | $268,064 |
Drake Rayden Foundation Greer, SC | $28,805 | $0 |
Concessions For Christ Inc Cedartown, GA | $8,933 | $0 |
International Neurosurgery Education And Research Foundation Raleigh, NC | $274,447 | $152,970 |
International Mammalian Genome Society Inc Chapel Hill, NC | $329,561 | $0 |
The 11q Research And Resource Group Inc Canton, GA | $87,731 | $0 |
Eastern Society For Pediatric Research Inc Winston Salem, NC | $217,494 | $0 |
Alliance To Solve Pans And Immune Related Encephalopathies Inc Atlanta, GA | $140,119 | $0 |
The Hope For Holt Foundation Charlotte, NC | $849 | $0 |
Braelyn Aubrey Foundation Lexington, SC | $0 | $0 |