Totals
- Total revenue
- $1,583,407
- Total expenses
- $604,148
- Contributions and grants received
- $1,582,299
- Grants paid
- $546,563
- Program service revenue
- $0
- Investment income
- $1,108
- Other revenue
- $0
- Total assets, end of year
- $1,990,384
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,990,384
- Program services expenses (Part IX)
- $594,226
- Management and general expenses
- $9,922
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $594,226
Program services were 98.4% 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
$1,582,299
-
3 · Investment income
total $1,108 · excluded $1,108
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $546,563 · program services $546,563
-
11c · Fees: accounting
total $3,375 · management and general $3,375
-
11g · Fees: other
total $47,663 · program services $47,663
-
13 · Office expenses
total $1,934 · management and general $1,934
-
17 · Travel
total $654 · management and general $654
-
24a · Other expenses: TAXES & LICENSES
total $3,448 · management and general $3,448
-
24b · Other expenses: POSTAGE
total $280 · management and general $280
-
24c · Other expenses: WEBSITE
total $159 · management and general $159
-
24d · Other expenses: BANK FEE
total $72 · management and general $72
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $595,799 · end of year $473,950
-
2 · Savings and temporary cash investments
beginning of year $415,326 · end of year $1,516,434
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,011,125 · end of year $1,990,384
Mission and programs · 2022
Mission
AT RSI, OUR MISSION IS TO PROVIDE HIGH QUALITY EDUCATION OPPORTUNITIES TO LOW INCOME STUDENTS BY PARTNERING WITH THE MOST ACADEMICALLY RIGOROUS, PRIVATE K5-12 SCHOOLS IN THE STATE OF ALABAMA THROUGH A SCHOLARSHIP GRANTING PROGRAM.
-
PROVIDES HIGH QUALITY EDUCATION OPPORTUNITIES TO LOW INCOME STUDENTS BY PARTNERING WITH THE MOST ACADEMICALLY RIGOROUS, PRIVATE K5-12 SCHOOLS IN THE STATE OF ALABAMA THROUGH A SCHOLARSHIP GRANTING PROGRAM.
Expenses $594,226 · Grants $546,563 · Revenue $1,582,299
As filed on the 2022 return.
Listed in Part VII
-
Joe McCartyJOE MCCARTY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
T Michael GoodrichT MICHAEL GOODRICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gray PlosserGRAY PLOSSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Donald HessDONALD HESS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rodney GibsonRODNEY GIBSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kathryn MireeKATHRYN MIREE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cathy MozingoCATHY MOZINGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dana TownDANA TOWN
DIRECTOR
- 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 20 February 2023
- IRS schema version
- 2022v4.1
- Source object
- 202320629349301102
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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