Rap Snacks Foundation Inc is located in Boca Raton, FL. The organization was established in 2018. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rap Snacks 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 12/2023, Rap Snacks Foundation Inc generated $133.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $149.3k during the year ending 12/2023. 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
BOSS UP INITIATIVE IS A REAL WORLD EXPERIENTIAL ENTREPENERUSHIP PROGRAM THAT TEACHES PARTICIPANTS HOW TO PLAN, START AND RUN PROFITABLE BUSINESSES BY OFFERING ONE ON ONE MENTORSHIPS AND GROUP LECTURES AND CLASSES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Grimes Officer | 40 | $0 | |
James Lindsay Program Dire | 10 | $0 | |
Genevieve Carvil-Harris Officer | 15 | $0 | |
Sarah Paige Officer | 10 | $0 | |
Michelle Spence Jones Director | 15 | $0 | |
Dr Michael Casson Director | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,546 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $133,546 |
| 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 | $35,200 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $114,143 |
| Total expenses | $149,343 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,942 |
| Other assets | $0 |
| Total assets | $3,942 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,942 |