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Nonprofiteer
← RILEYS WAY FOUNDATION INC

Form 990 for tax year 2024

Filed by RILEYS WAY FOUNDATION INC.

Totals

Total revenue
$3,165,879
Total expenses
$1,915,222
Contributions and grants received
$2,913,091
Grants paid
$134,234
Program service revenue
$0
Investment income
$226,237
Other revenue
$26,551
Total assets, end of year
$7,333,808
Total liabilities, end of year
$22,298
Net assets or fund balances, end of year
$7,311,510
Program services expenses (Part IX)
$1,611,119
Management and general expenses
$169,424
Fundraising expenses
$134,679
Program service expenses (Part III)
$1,611,119

Program services were 84.1% 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

    $1,039,250

  • 1f · All other contributions, gifts and grants

    $1,873,841

  • 1g · Noncash contributions included above

    $41,464

  • 3 · Investment income

    total $160,543 · unrelated business -$6,623 · excluded $167,166

  • 7a · Gross sales of assets other than inventory

    securities $117,149

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

    securities $51,455

  • 7c · Gain or loss

    securities $65,694

  • 7d · Net gain or loss

    total $65,694 · excluded $65,694

  • 8a · Fundraising events: gross income

    $233,602

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

    $1,039,250

  • 8b · Fundraising events: direct expenses

    $207,051

  • 8c · Net income from fundraising events

    total $26,551 · excluded $26,551

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $134,234 · program services $134,234

  • 5 · Compensation of officers, directors and key employees

    total $231,614 · program services $199,359 · management and general $20,187 · fundraising $12,068

  • 7 · Other salaries and wages

    total $752,512 · program services $654,685 · management and general $60,201 · fundraising $37,626

  • 9 · Other employee benefits

    total $96,945 · program services $86,487 · management and general $6,098 · fundraising $4,360

  • 10 · Payroll taxes

    total $82,997 · program services $72,207 · management and general $6,640 · fundraising $4,150

  • 11e · Fees: professional fundraising services

    total $57,000 · fundraising $57,000

  • 11f · Fees: investment management

    total $9,160 · program services $7,969 · management and general $733 · fundraising $458

  • 11g · Fees: other

    total $68,480 · program services $50,192 · management and general $12,548 · fundraising $5,740

  • 12 · Advertising and promotion

    total $30,232 · program services $30,232

  • 13 · Office expenses

    total $56,696 · program services $1,196 · management and general $55,500

  • 14 · Information technology

    total $20,882 · program services $20,882

  • 16 · Occupancy

    total $17,600 · program services $14,080 · management and general $1,760 · fundraising $1,760

  • 17 · Travel

    total $3,612 · program services $3,612

  • 19 · Conferences, conventions and meetings

    total $270,844 · program services $270,844

  • 23 · Insurance

    total $3,330 · management and general $3,330

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $16,682 · program services $16,682

  • 24b · Other expenses: EVENT PRODUCTION

    total $15,557 · program services $15,557

  • 24e · All other expenses

    total $46,845 · program services $32,901 · management and general $2,427 · fundraising $11,517

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,534,909 · end of year $3,575,918

  • 9 · Prepaid expenses and deferred charges

    beginning of year $61,800 · end of year $1,250

  • 12 · Investments: other securities

    beginning of year $2,824,736 · end of year $3,756,640

  • 17 · Accounts payable and accrued expenses

    beginning of year $26,562 · end of year $22,298

  • 27 · Net assets without donor restrictions

    beginning of year $5,394,883 · end of year $7,311,510

Mission and programs · 2024

Mission

RILEY'S WAY IS A NON-PROFIT ORGANIZATION IN NEW YORK CITY BUILDING KIND LEADERS FOR A BETTER TOMORROW. RILEY'S WAY WORKS WITH EDUCATORS AND YOUTH TO EMPOWER EMPATHY AND KINDNESS IN TEENS, AND PROVIDE THEM WITH THE INFRASTRUCTURE AND SUPPORT TO BECOME CHANGE-MAKERS AND CREATE LASTING CONNECTIONS IN THEIR COMMUNITIES.

  • THE CALL FOR KINDNESS (C4K) FELLOWSHIP GIVES YOUNG LEADERS (AGES 13-23) ACROSS THE COUNTRY THE SKILLS, CONNECTIONS, AND FUNDING THEY NEED TO RUN SOCIAL IMPACT PROJECTS THAT INSPIRE KINDNESS AND STRENGTHEN THEIR LOCAL, NATIONAL, OR GLOBAL COMMUNITIES. THE FELLOWSHIP CONSISTS OF A 12-MONTH LEADERSHIP DEVELOPMENT FELLOWSHIP AND A STARTUP GRANT OF UP TO $5,000. FELLOWS RECEIVE 1:1 COACHING AND PROJECT SUPPORT, VIRTUAL SKILL-BUILDING SESSIONS, AN IN-PERSON LEADERSHIP RETREAT, MENTORSHIP OPPORTUNITIES, AND A PEER COMMUNITY OF OTHER YOUNG CHANGEMAKERS.

    Expenses $981,895 · Grants $134,234

  • RILEY'S WAY YOUTH LEADERSHIP RETREATS BRING TOGETHER HIGH SCHOOL STUDENTS FROM ACROSS THE COUNTRY WHO ARE MOTIVATED TO MAKE THE WORLD A BETTER, KINDER PLACE. PARTICIPANTS SPEND THE WEEKEND BUILDING MEANINGFUL CONNECTIONS, DEVELOPING LEADERSHIP SKILLS, AND PARTICIPATING IN FUN CAMP ACTIVITIES. THIS IS A FREE PROGRAM THAT COVERS TRAVEL, LODGING, FOOD, AND PROGRAM COSTS FOR ALL PARTICIPANTS.

    Expenses $292,157

  • RILEY'S WAY CHAPTERS ARE STUDENT-LED INITIATIVES AT HIGH SCHOOLS, COLLEGES, AND UNIVERSITIES WHERE YOUNG PEOPLE CREATE POSITIVE CHANGE THROUGH A COLLABORATIVE, COMMUNITY-BASED SOCIAL IMPACT PROJECT. RILEY'S WAY FOUNDATION PROVIDES LEADERSHIP DEVELOPMENT WORKSHOPS, FUNDING, AND COMMUNITY TO SUPPORT THESE STUDENT LEADERS IN MAKING THE WORLD A BETTER, KINDER PLACE.

    Expenses $337,067

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

Listed in Part VII

  • Ian Sandler

    BOARD CHAIR & EXECUTIVE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MacKenzie Sandler

    CO-FOUNDER & BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Amy Bersh

    DIRECTOR & SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Brian Potash

    DIRECTOR, TREASURER & FINANCE COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Agha Haider

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Kerstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Eric Frank

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gia Gambino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Horner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jordan Freundlich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Katie Leonberger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Laura Rebell Gross

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lauren Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dr Lindsey Levine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Manavi Bajpai

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michal Ruprecht

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mindy Jacobs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Morgan Elwyn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Natalie Silverstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Noah Heller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Oseloka Idigbe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Burke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rob Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sarah Scwarzchild

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Scott Eisenberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terry Kaplan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yoloanda Marshall

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christine O'Connell

    EXECUTIVE DIRECTOR

    Total calculated
    $239,242
    From this org
    $213,830
    From related orgs
    $0
    Other
    $25,412
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $213,830
    Bonus
    $0
    Other
    $0
    Deferred
    $9,750
    Nontaxable benefits
    $15,662
    Filer's total
    $239,242
  • Laura Dunn

    DIRECTOR OF OPERATIONS

    Total calculated
    $150,136
    From this org
    $128,709
    From related orgs
    $0
    Other
    $21,427
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,655
    Bonus
    $0
    Other
    $54
    Deferred
    $6,433
    Nontaxable benefits
    $14,994
    Filer's total
    $150,136
  • Lauren Shenkman

    DIRECTOR OF PARTNERSHIP AND PROGRAMS

    Total calculated
    $145,501
    From this org
    $126,745
    From related orgs
    $0
    Other
    $18,756
    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 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

The filer's explanations (Part III)

PART I, LINE 3
THE PROCESS FOR DETERMINING COMPENSATION IS BASED ON SALARY GUIDELINES BASED ON ESTABLISHED RANGES FOR DIFFERENT ROLES/TITLES AND YEARS OF EXPERIENCE. WE USE NY BASED NONPROFIT SALARY REPORTS TO SET THESE BASELINES, WHICH ARE APPROVED BY THE BOARD. RAISES ARE SUGGESTED BY THE EXECUTIVE DIRECTOR/CEO AND THEN APPROVED BY THE BOARD'S EXECUTIVE COMMITTEE. THE EXECUTIVE DIRECTOR/CEO'S SALARY AND ANY ANNUAL RAISES ARE SET BY THE BOARD CHAIR, FINANCE CHAIR, AND GOVERNANCE CHAIR (COMPENSATION COMMITTEE) AND ARE ALSO COMPARED WITH THE NY BASED NONPROFIT SALARY REPORT FOR ORGANIZATIONS OUR SIZE. RAISES FOR EMPLOYEES AND CEO GENERALLY RANGE EACH YEAR FROM 0-5% BASED ON PERFORMANCE AS WELL AS EQUITY FACTORS (E.G., LOWEST PAID EMPLOYEES GETTING A HIGHER PERCENTAGE OR MAKING ADJUSTMENTS BASED ON INDUSTRY NORMS).

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
2024
Filed
15 November 2025
IRS schema version
2024v5.2
Source object
202513149349304126

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