Rachels Foundation
- Assets
- $1.1m
- Revenue
- $168.2k
- Investments
- $707.2k
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- Data as of
- 12/2021
- EIN
- 47-1682033
Organization Overview
Rachels Foundation is located in Spring Valley, NY.
For the year ending 12/2021, Rachels Foundation generated $168.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $54.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $3,823 |
| Net Gain on Sale of Assets | $129,770 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $168,170 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,027 |
| Depreciation | $7,336 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,458 |
| Total operating and administrative expenses | $22,577 |
| Contributions, gifts, grants paid | $31,415 |
| Total expenses and disbursements | $53,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,701 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $155,200 |
| 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 | $207,428 |
| Investments—mortgage loans | $441,546 |
| Investments—other | $265,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,000 |
| Total assets | $1,124,479 |
| 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 | $43,243 |
| Other liabilities | $0 |
| Total liabilities | $45,363 |
Grants Awarded
Over the last fiscal year, Rachels Foundation has awarded $39,130 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
KUPATH CHASANIM PURPOSE: CHARITABLE | $10,000 |
VARIOUS PURPOSE: CHARITABLE | $6,855 |
MACHNA YAKOV YOSEF PURPOSE: CHARITABLE | $6,225 |
Spring Valley, NY PURPOSE: CHARITABLE | $5,300 |
AHAVAS CHAVARIM PURPOSE: CHARITABLE | $3,600 |
Spring Valley, NY PURPOSE: CHARITABLE | $2,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
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The Childrens Community Programs Of Connecticut Inc New Haven, CT | $7,550,094 | $11,086,259 |
Hospice Care In The Berkshires Inc Pittsfield, MA | $16,662,591 | $10,823,109 |
Manhattan Country School Inc New York, NY | $44,093,729 | $11,269,443 |
Catholic Charities Of Fairfield Bridgeport, CT | $9,651,392 | $11,217,776 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
Feinstein Health Fund Inc Hauppauge, NY | $26,525,981 | $4,778,709 |
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |
Waterkeeper Alliance Inc New York, NY | $5,512,348 | $11,721,218 |