Totals
- Total revenue
- $434,313
- Total expenses
- $414,997
- Contributions and grants received
- $282,832
- Grants paid
- $23,625
- Program service revenue
- $129,749
- Investment income
- $21,732
- Other revenue
- $0
- Total assets, end of year
- $654,862
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $654,862
- Program services expenses (Part IX)
- $351,368
- Management and general expenses
- $37,758
- Fundraising expenses
- $25,871
- Program service expenses (Part III)
- $351,368
Program services were 84.7% 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.
-
1b · Membership dues
$12,527
-
1f · All other contributions, gifts and grants
$270,305
-
2a · Program service revenue: Program Service Revenue
total $129,749 · related or exempt $129,749
-
3 · Investment income
total $21,732 · excluded $21,732
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $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 $5,000 · program services $5,000
-
2 · Grants to domestic individuals
total $18,625 · program services $18,625
-
5 · Compensation of officers, directors and key employees
total $173,217 · program services $146,768 · management and general $13,538 · fundraising $12,910
-
7 · Other salaries and wages
total $134,140 · program services $113,658 · management and general $10,484 · fundraising $9,998
-
8 · Pension plan contributions
total $4,200 · program services $3,559 · management and general $329 · fundraising $313
-
9 · Other employee benefits
total $1,213 · program services $1,028 · management and general $94 · fundraising $91
-
10 · Payroll taxes
total $21,928 · program services $18,580 · management and general $1,714 · fundraising $1,634
-
11c · Fees: accounting
total $13,263 · program services $7,500 · management and general $5,463 · fundraising $300
-
11g · Fees: other
total $8,801 · program services $8,801 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $595 · program services $160 · management and general $180 · fundraising $255
-
13 · Office expenses
total $2,343 · program services $1,234 · management and general $926 · fundraising $183
-
14 · Information technology
total $3,438 · program services $1,821 · management and general $1,536 · fundraising $81
-
17 · Travel
total $1,405 · program services $740 · management and general $617 · fundraising $48
-
19 · Conferences, conventions and meetings
total $24,399 · program services $22,088 · management and general $2,311 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,660 · program services $1,036 · management and general $566 · fundraising $58
-
24a · Other expenses: Misc Expenses
total $770 · program services $770 · management and general $0 · fundraising $0
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $362,891 · end of year $354,786
-
2 · Savings and temporary cash investments
beginning of year $261,109 · end of year $272,579
-
3 · Pledges and grants receivable
beginning of year $4,520 · end of year $25,500
-
4 · Accounts receivable
beginning of year $6,000
-
9 · Prepaid expenses and deferred charges
beginning of year $508 · end of year $1,997
-
10c · Land, buildings and equipment, net
beginning of year $770 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $252
-
27 · Net assets without donor restrictions
beginning of year $632,546 · end of year $594,862
Mission and programs · 2023
Mission
RAISE Texas advances equitable policies and programs that foster financial security and economic mobility for low- and moderate-income Texans. We equip, innovate and advocate to reduce disparities, remove barriers and build opportunities for Texans to be financially secure.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $351,368 · Grants $23,625 · Revenue $129,749
As filed on the 2023 return. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
JoAnn DePenning
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Levar Martin
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis Young
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Ann Baddour
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kseniya Benderskaya
Director
- Total calculated
- $0
- Hours/week
- 1
-
Zoraima Diaz-Pineda
Director
- Total calculated
- $0
- Hours/week
- 1
-
Yvonne Green
Director
- Total calculated
- $0
- Hours/week
- 1
-
Annika Little
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sandra Martinez
Director
- Total calculated
- $0
- Hours/week
- 1
-
Yvette Ruiz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tina Tran
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Colvin
Executive Director
- Total calculated
- $173,217
- From this org
- $152,500
- From related orgs
- $0
- Other
- $20,717
- Hours/week
- 40
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.
Schedule J
Itemized on Schedule J with no Part VII listing of the same name on this return:
-
Elizabeth Colvin Executive Dir
Schedule J breakdown
- Base
- $152,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- $11,917
- Nontaxable benefits
- $8,800
- Filer's total
- $173,217
Answered yes
None.
Answered no
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 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
- 9 · Followed the rebuttable-presumption procedure
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
-
$5,000
Support VITA expansion
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 16 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402919349300920
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