Rio Verde Community Foundation Inc
- Assets
- $101.9k
- Revenue
- $234.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Rio Verde, AZ
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 82-3791959
Organization Overview
Rio Verde Community Foundation Inc is located in Rio Verde, AZ. The organization was established in 2019. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rio Verde Community 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR CHARITABLE PROJECTS AND SCHOLARSHIPS THAT PROVIDES BENEFITS AND OPPORTUNITIES FOR THE SURROUNDING RIO VERDE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO VERDES CARE $42,708; DONATION TO SUNSHINE ACRES $32,421; DONATION TO FOLDS OF HONOR $50,692; DONATION TO REIGNING GRACE RANCH $29,088.
PROVIDED COLLEGE SCHOLARSHIPS TO FOUR INDIVIDUALS, TOTALING $15,630.
PURCHASED A WATER FOUNTAIN FOR THE COMMUNITY SPORTS AREA; DISTRIBUTION OF $3,000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peg Zarlengo Secretary | Trustee | 2 | $0 |
Tricia Wolber Director | Trustee | 2 | $0 |
Jack Arnold President | Trustee | 8 | $0 |
Greg Harvey Director | Trustee | 2 | $0 |
Terry Cummings Director | Trustee | 2 | $0 |
Wimp Lister Vice President & Treasurer | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $154,909 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $79,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $234,555 |
| Total Program Service Revenue | $0 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $234,589 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $158,409 |
| Grants and other assistance to domestic individuals. | $15,630 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $182,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,842 |
| Savings and temporary cash investments | $72,038 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $101,880 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $101,880 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,880 |
Grants Awarded
Over the last fiscal year, Rio Verde Community Foundation Inc has awarded $154,909 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Scottsdale, AZ PURPOSE: As they wish | $50,692 |
Rio Verde, AZ PURPOSE: As they wish | $42,708 |
Mesa, AZ PURPOSE: As they wish | $32,421 |
Scottsdale, AZ PURPOSE: As they wish | $29,088 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rio Verde Community Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Henry Safford Peacock Foundation Lincoln, IL PURPOSE: UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |