Rs Foundation
- Assets
- $231.0k
- Revenue
- $278.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Ooltewah, TN
- Founding
- 03/1999
- Data as of
- 12/2023
- EIN
- 52-2109630
Organization Overview
Rs Foundation is located in Ooltewah, TN. The organization was established in 1999. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rs 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 12/2023, Rs Foundation generated $278.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $113.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rs Foundation has awarded 28 individual grants totaling $390,938. 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.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Reile Treas/director | 10 | $0 | |
Barbara H Suddarth Pres/exec Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $277,840 |
| Interest on Savings | $434 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $278,274 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,064 |
| Total operating and administrative expenses | $6,903 |
| Contributions, gifts, grants paid | $106,627 |
| Total expenses and disbursements | $113,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,049 |
| Savings and temporary cash investments | $0 |
| 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 | $231,049 |
| 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 | $180 |
| Total liabilities | $180 |
Grants Awarded
Over the last fiscal year, Rs Foundation has awarded $106,627 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ASIA PACIFIC CAREER DEVELOPMENT PURPOSE: SHARING CAREER DEVELOPMENT IDEAS AND PRACTICES IN THE ASIA PACIFIC REGION. | $17,000 |
CHATANOOGA FOOD BANK PURPOSE: TO ASSIST IN RELIEVING HUNGER | $1,000 |
COLLEGEDALE ACADEMY PURPOSE: CREATE AN AWARENESS OF THE NEEDS OF EDUCATION | $1,205 |
CURE EPILEPSY PURPOSE: FIND A CURE FOR EPILEPSY, BY PROMOTING AND FUNDING PATIENT FOCUSED RESEARCH. | $100 |
GHROW FOUNDATION INC PURPOSE: CREATE AN AWARENESS OF THE NEEDS OF EDUCATION | $26,045 |
OOLTEWAH SEVENTH DAY ADVENTIST CHURCH PURPOSE: CREATE AN AWARENESS OF THE NEEDS OF RELIGION | $34,200 |