Ruths House Inc
- Assets
- $650.5k
- Revenue
- $458.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Trumbull, CT
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-4522165
Organization Overview
Ruths House Inc is located in Trumbull, CT. The organization was established in 2019. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Ruths House 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 12/2022, Ruths House Inc generated $458.6k in total revenue. All expenses for the organization totaled $44.2k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO PROVIDE A SAFE HOME FOR YOUNG SINGLE MOTHERS AND THEIR CHILDREN WHERE THEY CAN RECEIVE EMOTIONAL,SPIRITUAL, AND PHYSICAL SUPPORT; LEARN LIFE SKILLS THAT EMPOWER THEM TO LIVE THEIR GOD-GIVEN PURPOSE; AND TRANSITION INTO A PERMANENT, STABLE LIVING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES WILL COMMENCE ONCE A HOME TO SUPPORT SINGLE MOTHERS AND THEIR CHILDREN IS PURCHASED. SINCE THE INCEPTION OF RUTH'S HOUSE IN 2020, THE BOARD HAS BEEN STRATEGIZING ON THE FUTURE AND FOCUSING ON FUNDRAISING. THE GOAL IS TO RAISE ENOUGH FUNDS TO PURCHASE A HOME AND BECOME OPERATIONAL IN 2022. A FOURTH BOARD OF DIRECTORS MEMBER WAS SOLIDIFIED IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Korman Founder/president | Officer | 35 | $0 |
Marcella Lawson Treasurer | Officer | 3 | $0 |
Laureen Horwedel Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $458,570 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $458,570 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $458,570 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $2,100 |
| Other salaries and wages | $380 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $600 |
| Fees for services: Accounting | $3,056 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,783 |
| Office expenses | $120 |
| Information technology | $2,129 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,842 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,777 |
| All other expenses | $0 |
| Total functional expenses | $44,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $630,489 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $650,489 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $650,489 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $650,489 |