The R.H. Boyd Company
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$5,978,500.00
Projected Expenses
$5,940,000.00
Organizational Budgets and Other Documents
| 2023 Summary Budget | 2023 |
| 2022 Summary Budget | 2022 |
| Projected Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination | 1999 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $1,644,843.00 | $3,390,866.00 | |
| Total Expenses | $3,320,582.00 | $2,827,655.00 | |
| Revenue Less Expenses | ($-0.00) | ($1,675,739.00) | $563,211.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $154,631.00 | $10,507.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $1,367,987.00 | $3,268,701.00 | |
| Investment Income, Net of Losses | $122,225.00 | $111,658.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $1,296,210.00 | $1,820,062.00 | |
| Administration Expense | $2,024,372.00 | $1,007,593.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | 50% | 120% | |
| Program Expense/Total Expenses | 39% | 64% | |
| Fundraising Expense/Contributed Revenue | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $1,367,987.00 | Earned Revenue $3,268,701.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $154,631.00 | Investment Income, Net of Losses $111,658.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $122,225.00 | Individuals $10,507.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $13,997,405.00 | $15,345,954.00 | |
| Current Assets | $10,118,040.00 | $11,468,615.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $651,956.00 | $489,752.00 | |
| Total Net Assets | $13,345,449.00 | $14,856,202.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$145,000.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
| IRS extension Form 990 | 2022 |
| Form 990 | 2021 |
| Form 990 | 2020 |
| Form 990 | 2019 |
| Form 990 | 2018 |
Audit Documents
| RH Boyd Audited Financials | 2022 |
| Audited Financials | 2021 |
| Audited Financials | 2020 |
Foundation Staff Comments
| Financials taken from 990. Foundation and Corporation gifts included in Contributions, Gifts, and Grants sum as these amounts are not separated in Form 990. An audit was not completed in 2019 or 2018 and therefore was not submitted for review. The 2020 Audit provided only provides a statement on financial position and does not include an opinion on Statement of Activities, Functional Expenses, and Cash Flows. 990 and Audit prepared by Cherry Beckaert, LLP. Comment provided by Nicole Rose 11/22/2022. |
