Rj Foundation is located in Tempe, AZ. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rj Foundation 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 12/2022, Rj Foundation generated $18.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $37.4k during the year ending 12/2022. While expenses have increased by 5.2% per year over the past 4 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER YOUTH CYCLING RUNNING SUPPORT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randolph L Boles President | 5 | $0 | |
Julie A Boles VP | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $18,354 |
| Net Rental Income | $0 |
| 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 | $482 |
| Total Revenue | $18,852 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30,078 |
| Total operating and administrative expenses | $30,388 |
| Contributions, gifts, grants paid | $6,966 |
| Total expenses and disbursements | $37,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,550 |
| Savings and temporary cash investments | $167,611 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $577,511 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Rj Foundation has awarded $6,966 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ASU PURPOSE: ASU WOMENS TRI TEAM | $250 |
FOUNDATION FOR AMERICAN TRACK CYCL PURPOSE: YOUTH TRACK CYCLING | $250 |
VELO SPORTS CENTER PURPOSE: BIKE EVENT TO FUND MASTERS CYCLING | $1,000 |
TEMPE DIABLOS PURPOSE: HELP FUND FOR NEEDY KIDS | $400 |
ENCINO VELODROME PURPOSE: HELP FUND KEEPING IT OPEN | $2,500 |
OBRA PURPOSE: GENERAL SUPPORT | $1,031 |