Rp One Foundation
- Assets
- $937.4k
- Revenue
- $95.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Irvine, CA
- Founding
- Data as of
- 12/2023
- EIN
- 85-2108747
Organization Overview
Rp One Foundation is located in Irvine, CA. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2023, Rp One Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rp One 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 12/2023, Rp One Foundation generated $95.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.9%) each year. All expenses for the organization totaled $261.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GRANTS TO SUPPORT INITIATIVES THAT SUPPORT CAUSES THAT ARE SUPPORTIVE OF THE ORGANIZATIONS MISSION. THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THESE PURPOSES SHALL INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING FINANCIAL ASSISTANCE TO NEEDY EMPLOYEES OF RADIOLOGY PARTNERS AND THEIR DEPENDENTS WHEN THEY SUFFER UNFORESEEABLE HARDSHIPS FROM PERSONAL TRAGEDIES, MEDICAL HARDSHIPS, DISASTERS, OR OTHER SITUATIONS. THE FOUNDATION MAY CARRY OUT ITS PURPOSES DIRECTLY OR BY MAKING GIFTS, GRANTS OR OTHER PAYMENTS TO QUALIFIED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THESE PURPOSES SHALL INCLUDE, BUT ARE NOT LIMITED TO, PROVIDING FINANCIAL ASSISTANCE TO NEEDY EMPLOYEES OF RADIOLOGY PARTNERS AND THEIR DEPENDENTS WHEN THEY SUFFER UNFORESEEABLE HARDSHIPS FROM PERSONAL TRAGEDIES, MEDICAL HARDSHIP, DISASTER, OR OTHER CRISIS SITUATIONS. THE FOUNDATION WILL DO SO BY MAKING GIFTS, GRANTS, AND OTHER PAYMENTS TO QUALIFIED INDIVIDUALS AND ORGANIZATIONS. FOR 2023 MORE THAN 55 EMPLOYEES AND THEIR FAMILIES WERE PROVIDED FINANCIAL ASSISTANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Gabriel Director | Trustee | 0.25 | $0 |
Steve Tumbarello Director | Trustee | 1 | $0 |
Ari Reger President | Officer | 1 | $0 |
David Gutierrez Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $95,435 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,435 |
| 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 | $95,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| Grants and other assistance to domestic individuals. | $162,080 |
| 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 | $0 |
| Other salaries and wages | $15,236 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,388 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,463 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,588 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $464 |
| All other expenses | $0 |
| Total functional expenses | $261,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $871,574 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $65,534 |
| 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 | $330 |
| 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 | $937,438 |
| Accounts payable and accrued expenses | $923 |
| 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 | $294 |
| Total liabilities | $1,217 |
| Net assets without donor restrictions | $0 |
| 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 | $936,221 |
| Total liabilities and net assets/fund balances | $937,438 |
Grants Awarded
Over the last fiscal year, Rp One Foundation has awarded $66,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AM SOC FOR HEALTH FOR ALL PURPOSE: See Part IV | $33,000 |
INDIASPORA CO CHRIS LEMMING PURPOSE: See Part IV | $33,000 |