Raphah Institute
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$1,200,000.00
Projected Expenses
$1,200,000.00
Organizational Budgets and Other Documents
| FY24 Budget | 2024 |
| 2022-2023 Budget | 2023 |
| FY22 Budget | 2022 |
| FY21 Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $1,223,539.00 | $1,131,508.00 | |
| Total Expenses | $1,235,680.00 | $910,126.00 | |
| Revenue Less Expenses | ($-0.00) | ($12,141.00) | $221,382.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| 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 | $451,701.00 | $1,080,870.00 | |
| Contributions, Gifts, and Grants | $767,662.00 | $50,368.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $4,176.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $949,933.00 | $772,970.00 | |
| Administration Expense | $237,010.00 | $61,179.00 | |
| Fundraising Expense | $48,737.00 | $75,977.00 | |
| Total Revenue/Total Expenses | 99% | 124% | |
| Program Expense/Total Expenses | 77% | 85% | |
| Fundraising Expense/Contributed Revenue | 4% | 8% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $767,662.00 | Government Grants $1,080,870.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Government Grants $451,701.00 | Contributions, Gifts, Grants $50,368.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | $0.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $830,078.00 | $432,191.00 | |
| Current Assets | $802,749.00 | $412,366.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $415,638.00 | $5,610.00 | |
| Total Net Assets | $414,440.00 | $426,581.00 |
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
Under Extension
Form 990s
| 2022 Tax Return | 2022 |
| 2021 Tax Return | 2021 |
| 2020 Tax Return | 2020 |
| 2019 Tax Return | 2019 |
| 2018 Tax Return | 2018 |
Audit Documents
Foundation Staff Comments
| Financial figures taken from the Form 990. Foundation and corporate grants may be included in Contributions, Gifts, and Grants sum as these amounts were not separated in Form 990. Comments provided by Nicole Rose 03/14/2023. |
