Reclaiming Americas Communities Through Empowerment
- Assets
- $123.8k
- Revenue
- $46.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Gardena, CA
- Founding
- 09/2011
- Data as of
- 12/2023
- EIN
- 27-4215527
Organization Overview
Reclaiming Americas Communities Through Empowerment, operating under the name Race, is located in Gardena, CA. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2023, Race employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Race 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, Race generated $46.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (25.2%) each year. All expenses for the organization totaled $144.2k 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
BUILDING A STRONGER COMMUNITY WHERE THE YOUTH CAN FEEL SAFE, WHICH IS POSSIBLE THROUGH EFFECTIVE COMMUNITY PROGRAMS AND DEVELOPMENT PROJECTS. IMPROVE PREVENTION OF VIOLENCE AND DELINQUENCY BY MORE THAN 25%.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL JUSITCE, VIOLENCE INTERVENTION, FOOD DISTRIBUTION, EMERGENCY RELIEF ASSISTANCE IN LOCAL COMMUNITIES.PROGRAMS AT VARIOUS AREAS AND AGE LEVELS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Reaser Chief Executive Officer | OfficerTrustee | 30 | $35,350 |
Derrick Keaton Chairperson Of Board | Officer | 30 | $0 |
Lynn Rhodes Secretary | Officer | 30 | $0 |
Maarte Rietvelo Chief Financial Officer | Officer | 30 | $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 | $46,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,500 |
| 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 | $46,500 |
| 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. | $35,350 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,917 |
| Pension plan accruals and contributions | $1,861 |
| Other employee benefits | $0 |
| Payroll taxes | $9,747 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,510 |
| 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 | $2,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,565 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $814 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,892 |
| All other expenses | $0 |
| Total functional expenses | $144,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,842 |
| 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 | $123,842 |
| 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 | $45,083 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $45,083 |
| Net assets without donor restrictions | $78,759 |
| 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 | $123,842 |