Rhinehart Family Foundation Inc
- Assets
- $457.5k
- Revenue
- $169.6k
- Investments
- $452.3k
- Employees
- 0
- Location
- Fallston, MD
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-1890542
Organization Overview
Rhinehart Family Foundation Inc is located in Fallston, MD. The organization was established in 2019. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhinehart Family 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, Rhinehart Family Foundation Inc generated $169.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $18.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane M Rhinehart President | 0.1 | $0 | |
Richard Rhinehart Jr Director | 0 | $0 | |
Brandon Rhinehart Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $99,936 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,651 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61,013 |
| Capital Gain Net Income | $61,013 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $169,600 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,483 |
| Total operating and administrative expenses | $3,523 |
| Contributions, gifts, grants paid | $14,535 |
| Total expenses and disbursements | $18,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,230 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $457,541 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rhinehart Family Foundation Inc has awarded $14,535 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FAITH DIRECT CHURCH OF ST MARK PURPOSE: RELIGIOUS CHARITY | $4,000 |
ST JUDE PURPOSE: GENERAL CHARITY | $1,020 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL CHARITY | $1,000 |
WPY TUNNEL 2 TOWERS PURPOSE: GENERAL CHARITY | $1,000 |
AMERICAN HEART ASSN PURPOSE: GENERAL CHARITY | $1,000 |
ALZHEIMERS ASSOC PURPOSE: GENERAL CHARITY | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Business Officers Association Inc Washington, DC | $10,181,383 | $5,458,138 |
The Museum Of Language Arts Incorporated Washington, DC | $22,277,823 | $2,812,502 |
American Council Of Trustees And Alumni Washington, DC | $7,091,133 | $4,080,282 |
National Academy Of Education Washington, DC | $13,224,387 | $700,923 |
Mission West Virginia Hurricane, WV | $896,692 | $3,486,347 |
Greater Pittsburgh Arts Council Pittsburgh, PA | $2,524,492 | $2,281,290 |
The Memorial Foundation Washington, DC | $1,841,102 | $3,723,853 |
Downtown Columbia Arts And Culture Commission Inc Columbia, MD | $56,227,844 | $6,192,561 |
Chorus America Association Washington, DC | $2,563,365 | $1,205,440 |
International Critical Incident Stress Foundation Inc Ellicott City, MD | $1,604,340 | $2,401,353 |
American Association Of People With Disabilities Washington, DC | $6,573,327 | $4,673,806 |
Due Process Of Law Foundation Washington, DC | $1,656,408 | $2,339,896 |