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Nonprofiteer
← RAVE FOUNDATION

Form 990 for tax year 2022

Filed by RAVE FOUNDATION.

Totals

Total revenue
$1,260,364
Total expenses
$1,530,905
Contributions and grants received
$1,454,200
Grants paid
$22,200
Program service revenue
$0
Investment income
$0
Other revenue
-$193,836
Total assets, end of year
$303,534
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$303,534
Program services expenses (Part IX)
$1,145,462
Management and general expenses
$337,872
Fundraising expenses
$47,571
Program service expenses (Part III)
$1,145,462

Program services were 74.8% 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.

  • 1c · Fundraising events

    $388,674

  • 1f · All other contributions, gifts and grants

    $1,065,526

  • 1g · Noncash contributions included above

    $57,668

  • 3 · Investment income

    total $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $388,674

  • 8b · Fundraising events: direct expenses

    $193,836

  • 8c · Net income from fundraising events

    total -$193,836 · excluded -$193,836

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,200 · program services $22,200

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $163,625 · program services $83,449 · management and general $62,177 · fundraising $17,999

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $73,128 · program services $37,296 · management and general $27,788 · fundraising $8,044

  • 8 · Pension plan contributions

    total $6,961 · program services $3,550 · management and general $2,645 · fundraising $766

  • 9 · Other employee benefits

    total $11,324 · program services $5,776 · management and general $4,303 · fundraising $1,245

  • 10 · Payroll taxes

    total $18,387 · program services $9,377 · management and general $6,987 · fundraising $2,023

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $3,000 · management and general $3,000

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $75,385 · management and general $75,385

  • 12 · Advertising and promotion

    total $57,668 · management and general $57,668

  • 13 · Office expenses

    total $42,265 · management and general $24,771 · fundraising $17,494

  • 14 · Information technology

    total $15,628 · management and general $15,628

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $4,688 · management and general $4,688

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $12,635 · management and general $12,635

  • 24a · Other expenses: FIELDS

    total $923,557 · program services $923,557

  • 24b · Other expenses: TAXES & LICENSES

    total $7,530 · management and general $7,530

  • 24c · Other expenses: FUNDRAISING EXPENSES

    total $35,396 · program services $2,729 · management and general $32,667

  • 24d · Other expenses: OTHER PROGRAMS

    total $57,528 · program services $57,528

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $574,075 · end of year $303,534

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $574,075 · end of year $303,534

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2022

Mission

TO BUILD SMALL FIELDS FOR FREE PLAY AND INVEST IN PROGRAMS THAT USE SOCCER AS A VEHICLE TO INSPIRE YOUTH AND STRENGTHEN COMMUNITIES.

Activities or mission (Part I)

RAVE Foundation continued to build small soccer fields for free play including site planning and fund development, researched future field locations and continued programs

  • Construct and build 26 tennis court sized soccer fields by 2026 in communities in Seattle to provide a place for kids to play freely, be physically active and safe, and to be inclusive stakeholders in their communities.

    Expenses $1,031,448

  • One Ball program has the goal of providing 100,000 soccer balls to kids in need.

    Expenses $41,326

  • How Can Soccer Help providing support in communities to support whole, healthy children.

    Expenses $35,348

  • Goals for Art, Adopt-a-School, Science

    Expenses $37,340 · Grants $22,200

  • of Soccer and the Sports Media Institute.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ashley Fosberg

    Executive Director

    Total calculated
    $163,625
    From this org
    $148,750
    From related orgs
    $0
    Other
    $14,875
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,750
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $14,875
    Filer's total
    $163,625
  • Fred Mendoza

    Chair

    Total calculated
    $0
    Hours/week
    2
  • Alyssa Moir

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Maya Mendoza Exstrom

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Chris Baird

    Member

    Total calculated
    $0
    Hours/week
    1
  • David Chen

    Member

    Total calculated
    $0
    Hours/week
    1
  • Eric Ochieng

    Member

    Total calculated
    $0
    Hours/week
    1
  • James Riley

    Member

    Total calculated
    $0
    Hours/week
    1
  • Jose Vasquez

    Member

    Total calculated
    $0
    Hours/week
    1
  • Justin Giger

    Member

    Total calculated
    $0
    Hours/week
    1
  • Katherine Meyers

    Member

    Total calculated
    $0
    Hours/week
    1
  • Lamar Neagle

    Member

    Total calculated
    $0
    Hours/week
    1
  • Peter Tomozawa

    Member

    Total calculated
    $0
    Hours/week
    1
  • Adrian Hanauer

    Member

    Total calculated
    $0
    Hours/week
    1
  • Roger Levesque

    Member

    Total calculated
    $0
    Hours/week
    1
  • Shivaas Gulati

    Member

    Total calculated
    $0
    Hours/week
    1
  • Todd Cowles

    Member

    Total calculated
    $0
    Hours/week
    1
  • Zach Scott

    Member

    Total calculated
    $0
    Hours/week
    1

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 · Compensation survey or study
  • 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

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

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202303199349327695

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