Rags Remembered Foundation
- Assets
- $10.9k
- Revenue
- $142.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Florence, KY
- Founding
- Data as of
- 12/2022
- EIN
- 88-1899773
Organization Overview
Rags Remembered Foundation is located in Florence, KY. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rags Remembered Foundation 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
THE PURPOSE OF THE FOUNDATION IS TO FOSTER A LOVE OF THE OUTDOORS IN CHILDREN AND THEIR FAMILIES BY SHARING THE POWER OF THE OUTDOORS TO HEAL AND BOND FAMILIES TOGETHER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FISHIN' FOR MEMORIES - OUTREACH PROGRAM FOR GRIEVING FAMILIES AT LAKE ST. CLAIR METROPARK IN MICHIGAN. THE FAMILIES WERE INVITED TO LEARN HOW TO FISH WITH FRANK ON THE BEACH AT LAKE ST. CLAIR FOR THE AFTERNOON; PROVIDING EVERYONE WITH THEIR VERY OWN FISHING POLE, STOCKED BAIT AND TACKLE BOX, COOLER WITH SNACKS/DRINKS, SIGNED LIONS NFL MINI HELMET, AND A FOUNDATION T-SHIRT TO TAKE HOME. THE FAMILIES ALSO HAD THE OPPORTUNITY TO TAKE A BOAT TOUR OF LAKE ST. CLAIR AFTER THEY FISHED WITH FRANK AND LUCY.
GAME DAY - FOUNDATION PROVIDED TWO YOUNG BOYS, CLINT AND PORTER, WITH A GAME DAY WATCH PARTY AT THEIR HOME IN MICHIGAN. CLINT AND PORTER TRAGICALLY LOST THEIR OLDER BROTHER, GRANT, ON FEBRUARY 22, 2021 BY SUICIDE. BOTH CLINT AND PORTER MISS THEIR BROTHER DEARLY AND ARE DOING THEIR BEST TO GRIEVE HEALTHILY. THE FOUNDATION PROVIDED THE BOYS AND THEIR FRIENDS WITH THE ULTIMATE TAILGATE AND WATCH PARTY, COMPLETE WITH DECORATIONS, SIGNED FOOTBALLS, FOOD FROM APPLEBEES AND MORE TO WATCH THE DETROIT LIONS DEFEAT THE JACKSONVILLE JAGUARS 40 TO 14. FOUNDATION ALSO PROVIDED THREE GIRLS, KAYLIE, MALIAH, AND NIEMA, WITH A GAME DAY WATCH PARTY AT THEIR HOME IN MICHIGAN ON SUNDAY, DECEMBER 18, 2022. THE GIRLS LOST THEIR COUSIN IN AN ACCIDENT RECENTLY AND ARE DOING THEIR BEST TO GRIEVE HEALTHILY. THE FOUNDATION PROVIDED THE GIRLS AND THEIR MOM WITH THE ULTIMATE TAILGATE WATCH PARTY, COMPLETE WITH DECORATIONS, SIGNED FOOTBALLS, FOOD FROM APPLEBEES AND MORE TO WATCH THE DETROIT LIONS TAKE DOWN THE NEW YORK JETS IN 4TH QUARTER. THE GIRLS ALSO RECEIVED A SPECIAL VIDEO MESSAGE FROM FRANK AND A VISIT FROM LUCY RAGNOW AT THEIR HOME.
GENERAL ASSISTANCE IN FOSTERING A LOVE OF THE OUTDOORS IN CHILDREN AND THEIR FAMILIES BY SHARING THE POWER OF THE OUTDOORS TO HEAL AND BOND FAMILIES TOGETHER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Ragnow President | OfficerTrustee | 3 | $0 |
Jack Ragnow Director | Trustee | 1 | $0 |
Katie Ragnow Director | Trustee | 1 | $0 |
Lucy Ragnow Vice Preside | OfficerTrustee | 3 | $0 |
Maddie Ragnow Director | Trustee | 1 | $0 |
Marty Ragnow Sec / Treas | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $66,619 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,450 |
| Noncash contributions included in lines 1a–1f | $16,729 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,069 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $64,524 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $142,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $50,936 |
| Fees for services: Legal | $1,279 |
| Fees for services: Accounting | $61 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,457 |
| Advertising and promotion | $31,715 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,838 |
| All other expenses | $0 |
| Total functional expenses | $131,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,662 |
| Savings and temporary cash investments | $0 |
| 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 | $8,227 |
| 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 | $10,889 |
| 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 | $10,889 |
| 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 | $10,889 |