Rachels Foundation
- Assets
- $834.5k
- Revenue
- $32.2k
- Investments
- $524.0k
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- Data as of
- 12/2022
- EIN
- 47-1682033
Organization Overview
Rachels Foundation is located in Spring Valley, NY.
For the year ending 12/2022, Rachels Foundation generated $32.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $319.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rachels Foundation has awarded 35 individual grants totaling $296,356. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$4,457 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,199 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $68 |
| Taxes | $16,857 |
| Depreciation | $7,336 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $95,912 |
| Total operating and administrative expenses | $127,123 |
| Contributions, gifts, grants paid | $191,894 |
| Total expenses and disbursements | $319,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,802 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $96,639 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $200,092 |
| Investments—mortgage loans | $441,546 |
| Investments—other | $82,451 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,000 |
| Total assets | $834,530 |
| Accounts payable and accrued expenses | $2,120 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $40,112 |
| Other liabilities | $0 |
| Total liabilities | $42,232 |
Grants Awarded
Over the last fiscal year, Rachels Foundation has awarded $191,894 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DETAILS OF CONTRIBUTION TO CHARITABLE ORGANIZATION AVAILABLE UPON REQUEST PURPOSE: CHARITABLE | $36,894 |
CONG SDEI YAKOV PURPOSE: CHARITABLE | $155,000 |