Raphah Institute
Fiscal Year
Fiscal Year Start
07/01/2020
Fiscal Year End
06/30/2021
Projected Revenue
$1,410,000.00
Projected Expenses
$1,410,000.00
Organizational Budgets and Other Documents
| FY21 Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Total Revenue | $460,937.00 | $409,582.00 | $117,248.00 |
| Total Expenses | $404,725.00 | $239,989.00 | $102,993.00 |
| Revenue Less Expenses | $56,212.00 | $169,593.00 | $14,255.00 |
Revenue Sources
| Fiscal Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $115,895.00 | $0.00 | $0.00 |
| Individual Contributions | $341,318.00 | $409,582.00 | $117,248.00 |
| Indirect Public Support | $3,724.00 | $0.00 | $0.00 |
| Earned Revenue | $0.00 | $0.00 | $0.00 |
| Investment Income, Net of Losses | $0.00 | $0.00 | $0.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Program Expense | $230,288.00 | $239,989.00 | $102,993.00 |
| Administration Expense | $102,622.00 | $0.00 | $0.00 |
| Fundraising Expense | $71,815.00 | $0.00 | $0.00 |
| Total Revenue/Total Expenses | 114% | 171% | 114% |
| Program Expense/Total Expenses | 57% | 100% | 100% |
| Fundraising Expense/Contributed Revenue | 18% | 0% | 0% |
Top Funding Sources
| Fiscal Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts and Grants $341,318.00 | Contributions, Gifts and Grants $409,582.00 | Contributions, Gifts and Grants $117,248.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $115,895.00 | $0.00 | $0.00 |
| Third Highest Funding Source & Dollar Amount | Federated Campaigns $3,724.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2020 | 2019 | 2018 |
|---|---|---|---|
| Total Assets | $282,770.00 | $196,932.00 | $15,172.00 |
| Current Assets | $269,781.00 | $196,932.00 | $15,172.00 |
| Long-Term Liabilities | $13,200.00 | $0.00 | $0.00 |
| Current Liabilities | $26,979.00 | $11,954.00 | $861.00 |
| Total Net Assets | $242,591.00 | $184,979.00 | $14,311.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2021
Solicitations Permit
Form 990s
| 2019-2020 Form 990 | 2020 |
| 2018 990-EZ | 2019 |
| RI IRS 990 Filing | 2018 |
Audit Documents
| FY20 Audited Financial Statement | 2020 |
| Audit Financial Statements | 2019 |
| Audited Financial Statements | 2018 |
Foundation Staff Comments
| Financial figures taken from the Form 990, which was prepared internally by the nonprofit. Kathryn Bennett 2/1/2021 |
