Richmond Area Bicycling Assocation Foundation Inc
- Assets
- $81.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ashland, VA
- Founding
- 02/2013
- Data as of
- 12/2023
- EIN
- 46-0684152
Organization Overview
Richmond Area Bicycling Assocation Foundation Inc is located in Ashland, VA. The organization was established in 2013. According to its NTEE Classification (P58) the organization is classified as: Gift Distribution, 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. Richmond Area Bicycling Assocation 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 12/2023, Richmond Area Bicycling Assocation Foundation Inc generated $77.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $58.7k during the year ending 12/2023. While expenses have increased by 8.1% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOR 2023, RABA FOUNDATION PURCHASED AND DISTRIBUTED 560 CHILDREN'S BICYCLES TO 23 OTHER NON-PROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Mann President | 2 | $0 | |
Kim Moore Secretary | 1 | $0 | |
Cindia Evans Treasurer | 5 | $0 | |
Ed Hellermann Director | 0.5 | $0 | |
Josh Silverman Director | 0.5 | $0 | |
Linda Becraft Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,182 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,533 |
| Total Revenue | $77,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $189 |
| Other expenses | $1,227 |
| Total expenses | $58,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $81,859 |
| Other assets | $0 |
| Total assets | $81,859 |
| Total liabilities | $0 |
| Net assets or fund balances | $81,859 |