Ryan Richards Foundation is located in Westborough, MA. The organization was established in 2016. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Ryan Richards 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, Ryan Richards Foundation generated $50.9k 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 (8.1%) each year. All expenses for the organization totaled $23.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE FAMILIES THAT NEEDED FINANCIAL SUPPORTAS A RESULT OF THE IMPACT CANCER HAS ON THEIR ABILITYTO MEET THEIR DAILY EXPENSES AND TO EARN A LIVING
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Richards President | 4 | $0 | |
Cristopher Pellegrino Treasurer | 4 | $0 | |
Collen Richards Clerk/secretary | 4 | $0 | |
Michael Richards Director | 4 | $0 | |
Richard Orne Director | 4 | $0 | |
Charlie Siegal Director | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,540 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,552 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,784 |
| Other Revenue | $0 |
| Total Revenue | $50,876 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $572 |
| Total expenses | $23,072 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $221,459 |
| Other assets | $0 |
| Total assets | $221,459 |
| Total liabilities | $0 |
| Net assets or fund balances | $221,459 |