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Nonprofiteer
← RAIZ FOUNDATION INC

Form 990 for tax year 2023

Filed by RAIZ FOUNDATION INC.

Totals

Total revenue
$494,605
Total expenses
$467,830
Contributions and grants received
$494,605
Grants paid
$456,940
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$31,292
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$31,292
Program services expenses (Part IX)
$458,430
Management and general expenses
$9,400
Fundraising expenses
$0
Program service expenses (Part III)
$458,430

Program services were 98.0% 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

    $494,605

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $456,940 · program services $456,940

  • 11g · Fees: other

    total $10,890 · program services $1,490 · management and general $9,400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,517 · end of year $31,292

  • 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 $4,517 · end of year $31,292

Mission and programs · 2023

Mission

RAIZ IS A US BASED NON-PROFIT ENTITY CREATED TO SUPPORT WORK IN LATIN AMERICA ASSOCIATED WITH: (1) PROVIDING COST-EFFECTIVE, PRACTICAL APPROACHES TO ALLEVIATE HUMANITARIAN CRISES CAUSED BY NATURAL DISASTERS; (2) SUPPORTING INDIGENOUS PEOPLES SEEKING TO PROTECT AND RECLAIM ANCESTRAL TERRITORIES; (3) PROVIDING INDIGENOUS COMMUNITIES WITH EDUCATION RESPECTFUL OF NATIVE CULTURE; SUPPORTING CONSERVATION AND SUSTAINABLE USE OF FRAGILE ECOSYSTEMS; AND (4) REDUCING POVERTY IN MARGINALIZED COMMUNITIES.

Activities or mission (Part I)

RAIZ IS A US BASED NON-PROFIT ENTITY CREATED TO SUPPORT WORK IN LATIN AMERICA ASSOCIATED WITH PROVIDING COST-EFFECTIVE, PRACTICAL APPROACHES TO ALLEVIATE HUMANITARIAN CRISES CAUSED BY NATURAL DISASTERS; SUPPORTING INDIGENOUS PEOPLES SEEKING TO PROTECT AND RECLAIM ANCESTRAL TERRITORIES; PROVIDING INDIGENOUS COMMUNITIES WITH EDUCATION RESPECTFUL OF NATIVE CULTURE; SUPPORTING CONSERVATION AND SUSTAINABLE USE OF FRAGILE ECOSYSTEMS; REDUCING POVERTY IN MARGINALIZED COMMUNITIES.

  • PROVIDING COST-EFFECTIVE, PRACTICAL APPROACHES TO ALLEVIATE HUMANITARIAN CRISES CAUSED BY NATURAL DISASTERS, SUPPORTING INDIGENOUS PEOPLES SEEKING TO PROTECT AND RECLAIM ANCESTRAL TERRITORIES, PROVIDING INDIGENOUS COMMUNITIES WITH EDUCATION RESPECTFUL OF NATIVE CULTURE, SUPPORTING CONSERVATION AND SUSTAINABLE USE OF FRAGILE ECOSYSTEMS; AND REDUCING POVERTY IN MARGINALIZED COMMUNITIES.

    Expenses $458,430 · Grants $456,940 · Revenue $494,605

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Erik Paul Sorensen

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Clara Matucchi

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Manuel Pallares

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Hugo Lucitante

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Maria Pereira Torres

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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
2023
Filed
24 October 2024
IRS schema version
2023v5.1
Source object
202433069349301448

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