Retailroi Inc
- Assets
- $229.4k
- Revenue
- $508.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- Data as of
- 12/2023
- EIN
- 85-3211375
Organization Overview
Retailroi Inc is located in Franklin, TN. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retailroi 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 12/2023, Retailroi Inc generated $508.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $447.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Retailroi Inc has awarded 48 individual grants totaling $810,696. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RETAILROI, INC IS A GRASS-ROOTS CHARITY OF PEOPLE IN THE RETAIL INDUSTRY TO HELP ORPHANS AND VULNERABLE CHILDREN USING OUR SKILLS, COMPANIES, AND EXPERTISE TO MAKE A DIFFERENCE. SEE SCHEDULE O FOR FULL MISSION STATEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL OTHER GRANTS
THE GRANT TO GLOBAL LEADERSHIP ACADEMY IN JEFFERYS BAY, SOUTH AFRICA CONSISTS OF $27,000 TO COVER TUITION FOR 14 STUDENTS THAT HAVE COME FROM THE PROJECTS THAT SHOW POTENTIAL. THEY ARE GRADUATES FROM THE ITHEMBA PROGRAM (SEE BELOW.
THIS IS A GRANT TO ITHEMBA, A PROGRAM OF 160 CHILDREN AGE 3-5 YEARS OLD FROM THE PROJECTS IN JEFFREYS BAY SOUTH AFRICA. THIS INCLUDES NOT ONLY CARE BUT ALSO TUITION FOR 16 CHILDREN WHO GRADUATE THE PROGRAM AND ATTEND ENGLISH SPEAKING ELEMENTARY SCHOOL WITH THE HOPE OF MAKING IT TO GLOBAL LEADERSHIP ACADEMY ABOVE.
THIS IS A GRANT TO THE CONGRESSIONAL COALITION ON ADOPTION INSTITUTE FOR THEIR FOSTER INTERN PROGRAM, WHICH BRINGS FOSTER YOUTH TO WASHINGTON, DC TO WORK AS AIDES IN CONGRESSIONAL OFFICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Cucerzan Vice President | OfficerTrustee | 5 | $0 |
Victoria Cantrell Vice President | OfficerTrustee | 5 | $0 |
Gregory Buzek President And Secretary | OfficerTrustee | 15 | $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 | $508,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $508,085 |
| Total Program Service Revenue | $0 |
| Investment income | $124 |
| 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 | $508,209 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $393,731 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,583 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,328 |
| 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 | $743 |
| All other expenses | $10,366 |
| Total functional expenses | $447,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $229,441 |
| 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 | $0 |
| 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 | $229,441 |
| Accounts payable and accrued expenses | $964 |
| 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 | $964 |
| Net assets without donor restrictions | $228,477 |
| 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 | $229,441 |
Grants Awarded
Over the last fiscal year, Retailroi Inc has awarded $297,688 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
FERGUS SIMPSON FOUNDATION PURPOSE: YOUTH ENTREPRENEURSHIP | $33,338 |
LIFESONG FOR ORPHANS PURPOSE: ORPHAN CARE HAITI | $30,000 |
LIFESONG FOR ORPHANS PURPOSE: VOCATIONAL TRAINING PROGRAM LIBERIA | $17,500 |
CONGRESSIONAL COALITION ON ADOPTION PURPOSE: FOSTER INTERN PROGRAM | $30,000 |
4 KIDS OF SOUTH FLORIDA PURPOSE: FOSTER CARE SUPPORT | $5,000 |
CASITA COPAN PURPOSE: BUILDING FUND FOR ORPHAN CARE | $25,000 |