Skip to content
Nonprofiteer
← RITTER CHARITABLE TR

Form 990 for tax year 2023

Filed by RITTER CHARITABLE TR.

Totals

Total revenue
$35,779
Total expenses
$82,244
Contributions and grants received
$234
Grants paid
$61,526
Program service revenue
$0
Investment income
$35,545
Other revenue
$0
Total assets, end of year
$1,479,686
Total liabilities, end of year
$44,643
Net assets or fund balances, end of year
$1,435,043
Program services expenses (Part IX)
$75,526
Management and general expenses
$6,718
Fundraising expenses
$0
Program service expenses (Part III)
$75,526

Program services were 91.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $234

  • 3 · Investment income

    total $109 · excluded $109

  • 7a · Gross sales of assets other than inventory

    securities $35,436

  • 7c · Gain or loss

    securities $35,436

  • 7d · Net gain or loss

    total $35,436 · related or exempt $35,436

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $61,526 · program services $61,526

  • 11a · Fees: management

    total $5,433 · management and general $5,433

  • 11g · Fees: other

    total $15,000 · program services $14,000 · management and general $1,000

  • 14 · Information technology

    total $285 · management and general $285

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $72,819 · end of year $74,818

  • 12 · Investments: other securities

    beginning of year $380,090 · end of year $381,248

  • 15 · Other assets

    beginning of year $1,057,646 · end of year $1,023,620

  • 18 · Grants payable

    beginning of year $69,137 · end of year $44,643

  • 27 · Net assets without donor restrictions

    beginning of year $1,441,418 · end of year $1,435,043

Mission and programs · 2023

Mission

TO IMPROVE THE QUALITY OF LIFE FOR WOMEN AND CHILDREN IN NEVADA THROUGH THOUGHTFUL GRANT MAKING AND ESTABLISHMENT OF NEW PROGRAMS.

  • TO IMPROVE THE QUALITY OF LIFE FOR WOMEN, CHILDREN, AND YOUTH IN NEVADA THROUGH THOUGHTFUL GIFTS AND GRANTS AND THE ESTABLISHMENT OF NEW PROGRAMS. DURING CALENDAR YEAR 2023, 12 GRANTS WERE MADE TO 11 TAX-EXEMPT ORGANIZATIONS TO BE USED FOR CHARITABLE PURPOSES FOR WOMEN, CHILDREN, AND YOUTH ACTIVITIES, HUMANITARIAN SERVICES, COLLEGE EDUCATION, AND ENVIRONMENTAL ISSUES.

    Expenses $75,526 · Grants $61,526

As filed on the 2023 return.

Listed in Part VII

  • GARD JAMESON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • GIAN BROSCO

    DIRECTOR

    Total calculated
    $340,393
    From this org
    $0
    From related orgs
    $295,940
    Other
    $44,453
    Hours/week
    0.25 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $265,940 related
    Bonus
    not reported + $30,000 related
    Other
    not reported
    Deferred
    not reported + $8,170 related
    Nontaxable benefits
    not reported + $36,283 related
    Filer's total
    not reported + $340,393 related

  • DOUG BECKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • KEITH LATHAM

    DIRECTOR

    Total calculated
    $50,138
    From this org
    $0
    From related orgs
    $48,680
    Other
    $1,458
    Hours/week
    0.25 + 25 related

  • JOHN RITTER

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • HILARY WESTROM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • NYCOLE CUMMINGS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • THOMAS DEVORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PAGE 1, PART I, LINE 3
THE RITTER CHARITABLE TRUST DOES NOT HAVE ANY EMPLOYEES AND THEREFORE HAS NO NEED FOR A COMPENSATION PROCESS. GIAN BROSCO IS PRESIDENT AND CEO OF THE NEVADA COMMUNITY FOUNDATION. THE COMMUNITY FOUNDATION HAS A COMPENSATION PROCESS IN PLACE TO DETERMINE THE COMPENSATION FOR THE PRESIDENT. KEITH LATHAM IS DIRECTOR OF FINANCE OF THE NEVADA COMMUNITY FOUNDATION AND THE COMPENSATION FOR THE POSITION IS SET BY THE PRESIDENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
25 April 2024
IRS schema version
2023v5.0
Source object
202431169349301603

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.