Rain Drop Foundation Inc

Organization Overview

Rain Drop Foundation Inc is located in Houston, TX. The organization was established in 2002. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 12/2020, Rain Drop Foundation Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rain Drop Foundation Inc 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 12/2020, Rain Drop Foundation Inc generated $2.1m 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 (16.4%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (15.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

RAINDROP TURKISH HOUSE IS A NON-PROFIT 501(C)(3) EDUCATIONAL, CHARITABLE. SOCIAL AND CULTURAL ORGANIZATION FOUNDED BY TURKISH-AMERICANS IN 2000. PROGRAMS RUN ARE AFTER SCHOOL AND DAY CARE ACTIVITIES, TURKISH CULTURE AND CHILDREN FESTIVALS, TURKISH LANGUAGE OLYMPIAD AND TRIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL AND CHARITABLE SERVICES PROVIDED THROUGH COMMUNITY CENTERS.


ACHIEVEMENTS INCLUDE EDUCATIONAL AND CHARITABLE SERVICES PROVIDED THROUGH COMMUNITY CENTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Nusret Kaya
CEO
$76,421
Ishak Karatay
Director
$0
Mustafa Aslan
Director
$0
Humeyra Ekin
Director
$0
Alperen Tas
Director
$0
Alpern Tas
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,544,073
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,544,073
Total Program Service Revenue$263,493
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $322,930
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,130,496

Grants Awarded

Over the last fiscal year, Rain Drop Foundation Inc has awarded $48,383 in support to 2 organizations.

Grant RecipientAmount

TURKIC AMERICAN ALLIANCE

Org PageRecipient Profile

Washington, DC

PURPOSE: Charitable

$34,000

Fairfield, NJ

PURPOSE: Charitable

$14,383
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Rain Drop Foundation Inc has recieved totaling $73,770.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$52,921
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$18,849
Jp Morgan Chase Foundation

New York, NY

PURPOSE: GENERAL OPERATING SUPPORT

$2,000
View Grant Recipient Profile

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