Rudden Family Foundation Inc
- Assets
- $259.1k
- Revenue
- $366.2k
- Investments
- $0.0
- Employees
- 15
- Location
- Reading, PA
- Founding
- 09/2012
- Data as of
- 12/2021
- EIN
- 45-5067319
Organization Overview
Rudden Family Foundation Inc is located in Reading, PA. The organization was established in 2012. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Rudden Family Foundation Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rudden 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, Rudden Family Foundation Inc generated $366.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $367.1k during the year ending 12/2021. While expenses have increased by 11.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE RUDDEN FAMILY FOUNDATION, INC. (TRFFI) ASSISTS INDIVIDUALS AND FAMILIES THAT ARE HOMELESS OR AT RISK OF BEING HOMELESS. WE NETWORK WITH COMMUNITY-BASED CHARITIES TO DISCREETLY IDENTIFY QUALIFIED RECIPIENTS WHO ARE EXPERIENCING HARDSHIP, ARE FOLLOWING THEIR SUPPORTING CHARITIES GUIDELINES AND ARE DILIGENTLY WORKING TOWARDS SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MICRO-FINANCIAL SUPPORT ("PRECISION ASSISTANCE" IN 2021, NO INDIVIDUALS OR FAMILIES WERE ASSISTED THROUGH THE MICRO-FINANCIAL SUPPORT PROGRAM.
TRANSPORTATION SUPPORT ("WHEELS FOR CHANGE") IN 2021, FOUR(4)AUTO WAS DONATED. TWO (2) WERE SOLD OR DONATED NEEDY INDIVIDUALS.
HOME FURNISHINGS "THE ESSENTIALS" IN 2021,APPROX TWO HUNDERED AND FIFTY (250) INDIVIDUALS AND FAMILIES RECEIVED MATERIAL GOODS ALIGNED WITH THEIR NEED. KITCHEN TABLES & CHAIRS; A SOFA;BEDS & DRESSERS; TV & DVD PLAYER; WERE SOME OF THE ITEMS DISTRIBUTED FROM INVENTORY OF DONATED ITEMS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Ritenour Secretary | OfficerTrustee | $0 | |
Joseph Rudden President | OfficerTrustee | $0 | |
Kevin Rudden Vice Preside | OfficerTrustee | $0 | |
Edwin Williams Treasurer | OfficerTrustee | $0 | |
Ed Rand Officer | Trustee | $0 | |
Christine Folk Social Servi | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,958 |
| All other contributions, gifts, grants, and similar amounts not included above | $340,229 |
| Noncash contributions included in lines 1a–1f | $280,329 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $366,187 |
| Total Program Service Revenue | $0 |
| Investment income | $3 |
| 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 | $366,190 |
| 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 | $0 |
| Other salaries and wages | $118,596 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,079 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $696 |
| Fees for services: Accounting | $950 |
| 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 | $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 | $2,638 |
| Insurance | $8,868 |
| All other expenses | $10,896 |
| Total functional expenses | $367,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,821 |
| 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 | $240,376 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $259,062 |
| 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 | $3,882 |
| Total liabilities | $3,882 |
| Net assets without donor restrictions | $255,180 |
| 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 | $259,062 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rudden Family Foundation Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Berks Coalition To End Homelessness Reading, PA PURPOSE: PHFA (HOME4GOOD) | $5,000 |
United Way Of Berks County Reading, PA PURPOSE: COVID-19 RESPONSE GRANT: OPERATIONAL SUPPORT | $5,000 |
United Way Of Berks County Reading, PA PURPOSE: COVID-19 RESPONSE GRANT: OPERATIONAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Womens Foundation New York, NY | $31,744,630 | $15,820,113 |
Ecumenical Enterprises Inc Dallas, PA | $29,362,494 | $14,819,334 |
Fund For The Aged Inc New York, NY | $109,939,296 | $8,972,478 |
Sdsn Association Inc New York, NY | $10,017,542 | $13,246,367 |
The Foundation For Enhancing Communities Harrisburg, PA | $107,592,484 | $47,434,480 |
Shear Family Foundation Inc Pittsburgh, PA | $193,925,105 | $4,615,784 |
Veterans Of Foreign Wars Of Ohio Charities Columbus, OH | $6,551,466 | $8,213,931 |
Greater Ridgewood Youth Council Inc Ridgewood, NY | $6,525,051 | $8,713,714 |
Rite Aid Healthy Futures Camp Hill, PA | $33,191,715 | $15,687,011 |
Glasswing International Usa Inc New York, NY | $37,699,055 | $11,179,883 |
The Samberg Family Foundation Katonah, NY | $0 | $4,486,499 |
Single Stop Usa Inc New York, NY | $4,715,111 | $5,987,742 |