Ragan And King Charitable Fdn 10612-9
- Assets
- $4.4m
- Revenue
- $38.3k
- Investments
- $4.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 01/1978
- Data as of
- 09/2023
- EIN
- 58-6138950
Organization Overview
Ragan And King Charitable Fdn 10612-9 is located in Las Vegas, NV. The organization was established in 1978. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ragan And King Charitable Fdn 10612-9 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 09/2023, Ragan And King Charitable Fdn 10612-9 generated $38.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $285.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ragan And King Charitable Fdn 10612-9 has awarded 54 individual grants totaling $1,534,750. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wells Fargo Bank Na Trustee | 1 | $61,925 | |
Wells Fargo Bank Na Trustee | 1 | $11,585 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $118,164 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$91,175 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,268 |
| Total Revenue | $38,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,182 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,394 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $199 |
| Total operating and administrative expenses | $85,613 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $285,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $287 |
| Savings and temporary cash investments | $121,696 |
| 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 | $2,414,985 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,380,396 |
| 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 |
Grants Awarded
Over the last fiscal year, Ragan And King Charitable Fdn 10612-9 has awarded $200,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
SILOAM BAPTIST CHURCH PURPOSE: GENERAL OPERATING | $20,000 |
BAPTIST MOBILE HEALTH MINISTRY INC PURPOSE: GENERAL OPERATING | $20,000 |
TRUETT-MCCONNELL UNIVERSITY PURPOSE: GENERAL OPERATING | $20,000 |
SECOND PONCE DE LEON BAPTIST CHURCH PURPOSE: GENERAL OPERATING | $50,000 |
BREWTON-PARKER COLLEGE INC PURPOSE: GENERAL OPERATING | $5,000 |
BAPTIST VILLAGE INC PURPOSE: GENERAL OPERATING | $35,000 |