Barefoot Republic, Inc.
Fiscal Year
Fiscal Year Start
10/01/2023
Fiscal Year End
09/30/2024
Projected Revenue
$3,203,604.00
Projected Expenses
$3,019,777.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| Barefoot Republic 501(c)(3) Determination Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $2,160,510.00 | $2,836,859.00 | |
| Total Expenses | $2,106,026.00 | $1,024,214.00 | |
| Revenue Less Expenses | ($-0.00) | $54,484.00 | $1,812,645.00 |
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 | $192,269.00 | $329,604.00 | |
| Contributions, Gifts, and Grants | $766,402.00 | $1,072,121.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $1,128,154.00 | $847,075.00 | |
| Investment Income, Net of Losses | $1,964.00 | $1,895.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $71,721.00 | $483,432.00 | |
| Revenue In-Kind | $0.00 | $78,609.00 | |
| Other | $0.00 | $24,123.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $1,605,382.00 | $1,358,247.00 | |
| Administration Expense | $277,276.00 | $280,223.00 | |
| Fundraising Expense | $223,368.00 | $174,175.00 | |
| Total Revenue/Total Expenses | 103% | 157% | |
| Program Expense/Total Expenses | 76% | 75% | |
| Fundraising Expense/Contributed Revenue | 11% | 10% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $1,128,154.00 | Contributions, Gifts, Grants $1,072,121.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $766,402.00 | Program Revenue $847,075.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Government Grants $192,269.00 | Fundraising Events $483,432.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $4,460,628.00 | $4,653,697,835,220.00 | |
| Current Assets | $613,333.00 | $207,502.00 | |
| Long-Term Liabilities | $98,645.00 | $207,502.00 | |
| Current Liabilities | $350,492.00 | $296,919.00 | |
| Total Net Assets | $4,011,491.00 | $4,149,276.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$90,000.00
What is the spending policy for your endowment?
Income Only
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
March
Permit Expiration Year
2024
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures are taken from the 990. Some foundation or corporate grants may be included in Individual Contributions sum, as these figures are not fully separated in Form 990 schedules. 990 was prepared by Blankenship CPA Group, PLLC. Comments provided by Hayley Sulfridge 8/23/23. |
