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Nonprofiteer
← RACHELS NETWORK INC

Form 990 for tax year 2024

Filed by RACHELS NETWORK INC.

Totals

Total revenue
$1,564,200
Total expenses
$1,811,532
Contributions and grants received
$1,270,989
Grants paid
$406,093
Program service revenue
$223,448
Investment income
$64,480
Other revenue
$5,283
Total assets, end of year
$1,861,917
Total liabilities, end of year
$396,451
Net assets or fund balances, end of year
$1,465,466
Program services expenses (Part IX)
$1,465,739
Management and general expenses
$183,147
Fundraising expenses
$162,646
Program service expenses (Part III)
$1,465,739

Program services were 80.9% 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

    $407,561

  • 1f · All other contributions, gifts and grants

    $863,428

  • 1g · Noncash contributions included above

    $133,805

  • 2a · Program service revenue: MEETING REGISTRATION FEES

    total $223,448 · related or exempt $223,448

  • 3 · Investment income

    total $65,326 · excluded $65,326

  • 7a · Gross sales of assets other than inventory

    securities $1,944,524

  • 7b · Less cost or other basis and sales expenses

    securities $1,945,370

  • 7c · Gain or loss

    securities -$846

  • 7d · Net gain or loss

    total -$846 · excluded -$846

  • 11a · Other revenue: RAN REIMBURSEMENT

    total $4,224 · related or exempt $4,224

  • 11b · Other revenue: CREDIT CARD CASHBACK

    total $1,059 · related or exempt $1,059

  • 11e · Other revenue, total

    $5,283

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $175,543 · program services $175,543

  • 2 · Grants to domestic individuals

    total $230,550 · program services $230,550

  • 5 · Compensation of officers, directors and key employees

    total $170,070 · program services $125,090 · management and general $21,844 · fundraising $23,136

  • 7 · Other salaries and wages

    total $462,561 · program services $340,223 · management and general $59,411 · fundraising $62,927

  • 8 · Pension plan contributions

    total $20,202 · program services $14,859 · management and general $2,595 · fundraising $2,748

  • 9 · Other employee benefits

    total $32,298 · program services $23,756 · management and general $4,148 · fundraising $4,394

  • 10 · Payroll taxes

    total $51,133 · program services $37,609 · management and general $6,568 · fundraising $6,956

  • 11b · Fees: legal

    total $452 · management and general $452

  • 11c · Fees: accounting

    total $27,956 · management and general $27,956

  • 11f · Fees: investment management

    total $10,326 · management and general $10,326

  • 11g · Fees: other

    total $24,242 · management and general $4,242 · fundraising $20,000

  • 12 · Advertising and promotion

    total $139 · program services $139

  • 13 · Office expenses

    total $24,587 · program services $22,398 · management and general $1,275 · fundraising $914

  • 14 · Information technology

    total $16,389 · program services $11,859 · management and general $1,999 · fundraising $2,531

  • 16 · Occupancy

    total $172,627 · program services $126,971 · management and general $22,172 · fundraising $23,484

  • 17 · Travel

    total $2,002 · management and general $2,002

  • 19 · Conferences, conventions and meetings

    total $288,221 · program services $273,060 · fundraising $15,161

  • 22 · Depreciation, depletion and amortization

    total $10,028 · management and general $10,028

  • 23 · Insurance

    total $6,434 · management and general $6,434

  • 24a · Other expenses: MEMBER COMMUNICATIONS

    total $60,995 · program services $60,995 · management and general $0 · fundraising $0

  • 24b · Other expenses: HONORARIA

    total $20,550 · program services $20,550 · management and general $0 · fundraising $0

  • 24c · Other expenses: OTHER EXPENSES

    total $4,227 · program services $2,137 · management and general $1,695 · fundraising $395

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $224,952 · end of year $566,109

  • 2 · Savings and temporary cash investments

    beginning of year $76,339 · end of year $805

  • 3 · Pledges and grants receivable

    beginning of year $99 · end of year $2,544

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,503 · end of year $52,731

  • 10a · Land, buildings and equipment: cost or other basis

    $58,288

  • 10b · Land, buildings and equipment: accumulated depreciation

    $49,098

  • 10c · Land, buildings and equipment, net

    beginning of year $17,235 · end of year $9,190

  • 11 · Investments: publicly traded securities

    beginning of year $1,327,713 · end of year $1,190,375

  • 15 · Other assets

    beginning of year $40,163 · end of year $40,163

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,122 · end of year $324,423

  • 19 · Deferred revenue

    beginning of year $18,800 · end of year $63,750

  • 21 · Escrow or custodial account liability

    beginning of year $13,327 · end of year $8,278

  • 27 · Net assets without donor restrictions

    beginning of year $1,242,542 · end of year $942,512

  • 28 · Net assets with donor restrictions

    beginning of year $464,213 · end of year $522,954

Mission and programs · 2024

Mission

RACHEL'S NETWORK PROMOTES WOMEN AS AGENTS OF CHANGE DEDICATED TO THE STEWARDSHIP OF THE EARTH. NETWORK PROGRAMS CULTIVATE LEADERSHIP, INSTILL PHILANTHROPIC ACUITY, AND DEEPEN UNDERSTANDING OF CRITICAL ISSUES.

  • NETWORKING, EDUCATION, AND LEADERSHIP PROGRAMS: IN 2024, WE HELD EDUCATIONAL AND CONVERSATIONAL WEBINARS AND BOOK CLUBS THROUGHOUT THE YEAR FOR OUR NETWORK OF WOMEN FUNDERS AND CATALYST COMMUNITY ON A VARIETY OF ENVIRONMENTAL AND PHILANTHROPIC ISSUES. WE HELD A 5-DAY IN-PERSON EVENT IN SNOQUALMIE, WA TO HEAR FROM LOCAL ENVIRONMENTAL LEADERS AND ANOTHER IN-PERSON EVENT, HOSTING A 12-DAY EXCURSION TO ARGENTINA HIGHLIGHTING THE BEAUTY AND BIODIVERSITY IN PATAGONIA AZUL AND THE IBERA REGION, PROVIDING AN OPPORTUNITY TO LEARN MORE ABOUT ONE OF THE MOST SUCCESSFUL MULTI-YEAR PUBLIC/PRIVATE PHILANTHROPY CONSERVATION EFFORTS IN THE WORLD. ADDITIONALLY, WE OFFERED CLIMATE WORKSHOPS, MULTIPLE IN-OFFICE EVENTS, AND WEBINARS HIGHLIGHTING VARIOUS PHILANTHROPIC ISSUES. IN ALL THESE FORUMS, MEMBERS LEARNED FROM EACH OTHER AND EXPERTS ABOUT INTERRELATED CHALLENGES TO THE ENVIRONMENT, HUMAN HEALTH, ENVIRONMENTAL JUSTICE, AND COMMUNITY WELL-BEING, AS WELL AS THE ROLE THAT WOMEN LEADERS AND PHILANTHROPISTS PLAY IN AMENDING PAST AND PRESENT HARM AND WORK TOWARDS BUILDING A MORE SUSTAINABLE AND LIVABLE FUTURE. BEYOND THEIR EDUCATION VALUE, THESE EVENTS PROVIDED MEMBERS A SENSE OF COMMUNITY.

    Expenses $984,136 · Grants $1,050 · Revenue $223,448

  • GRANTMAKING PROGRAMS: OUR SIGNATURE PROGRAM, THE CATALYST AWARD, CELEBRATES WOMEN OF COLOR WHO ARE BUILDING A HEALTHIER, SAFER, AND MORE JUST WORLD BY PROVIDING FINANCIAL, LEADERSHIP, AND NETWORKING SUPPORT. THE PROGRAM AIMS TO HELP ADDRESS RACIAL INEQUALITY IN THE ENVIRONMENTAL FUNDING SPACE. IN 2024, WE RECOGNIZED FIVE AWARDEES AND 14 FINALISTS WHO ARE WORKING FOR EQUITABLE TRANSPORTATION SYSTEMS, ENVIRONMENTAL JUSTICE AND RIGHTS, SUSTAINABLE AGRICULTURE, AND RESPONSIBLE SEAFOOD INITIATIVES, AMONG OTHER TOPICS. IN ADDITION TO PROVIDING AN ANNUAL $15,000 STIPEND TO THE AWARDEES AND A $10,000 ORGANIZATIONAL (IF APPLICABLE) GRANT TO THEIR AFFILIATED ORGANIZATION, WE FOSTER THEIR SENSE OF COMMUNITY THROUGH A LISTSERV AND DISCUSSION GROUPS TO PROVIDE A COMMUNITY OF ADVICE AND SUPPORT. ADDITIONALLY, IF AWARDEES CHOOSE TO UTILIZE A PORTION OF THEIR GRANT TOWARDS LEADERSHIP SERVICES, WE OFFER TO HELP FACILITATE THROUGH ONE OF OUR VENDORS. IN 2024, RACHEL'S NETWORK HOSTED THE FIRST OF ITS KIND RETREAT FOR WOMEN OF COLOR LEADERS AT THE KRIPALU CENTER FOR YOGA & HEALTH IN STOCKBRIDGE, MA. CATALYST AWARDEES, FINALISTS, AND TWO STAFF MEMBERS WERE JOINED BY GRANTEES OF THE TIDES FOUNDATION'S WOMEN ENVIRONMENTAL LEADERSHIP (WE LEAD) FUND FOR A GATHERING FOCUSED ON CARE AND RESTORATION FOR WOMEN ENVIRONMENTAL LEADERS OF COLOR. OUR FUNDER MEMBERS WHO HAVE PARTICIPATED IN THE CATALYST AWARD ARE FUNDING MORE BIPOC-LED ORGANIZATIONS THAN THEY DID BEFORE PARTICIPATING.

    Expenses $481,603 · Grants $405,043

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rakefet Kasdin

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Molly Ross

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Florence Liddell

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Martha Davis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Josie Gabel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Barbara Gonzalez-McIntosh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tacy Hahn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lisa Holmes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alice Liddell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elena Marszalek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Milligan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rossie Pope-Meyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jan Montgomery

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ann Hunter-Welborn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Fern Shepard

    PRESIDENT

    Total calculated
    $170,070
    From this org
    $160,500
    From related orgs
    $0
    Other
    $9,570
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,500
    Bonus
    $0
    Other
    $0
    Deferred
    $6,420
    Nontaxable benefits
    $3,150
    Filer's total
    $170,070
  • Jamie Boese

    PROGRAM DIRECTOR

    Total calculated
    $109,266
    From this org
    $102,589
    From related orgs
    $0
    Other
    $6,677
    Hours/week
    40
  • Hannan Sheikh

    FINANCE DIRECTOR

    Total calculated
    $104,763
    From this org
    $100,734
    From related orgs
    $0
    Other
    $4,029
    Hours/week
    40
  • Shreya Durvasula

    PROGRAM DIRECTOR

    Total calculated
    $104,763
    From this org
    $100,734
    From related orgs
    $0
    Other
    $4,029
    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. 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 committee
  • 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

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
4 November 2025
IRS schema version
2024v5.2
Source object
202523089349302802

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