Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $2,000

• 1c · Fundraising events

  $2,427,811

• 1e · Government grants (contributions)

  $2,492,376

• 1f · All other contributions, gifts and grants

  $13,931,984

• 1g · Noncash contributions included above

  $1,195,406

• 2a · Program service revenue: STEM

  total $345,000 · related or exempt $345,000

• 3 · Investment income

  total $69,622 · excluded $69,622

• 6a · Gross rents

  real property $189,186

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $189,186

• 6d · Net rental income or loss

  total $189,186 · excluded $189,186

• 7a · Gross sales of assets other than inventory

  securities $343,632

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

  securities $354,138

• 7c · Gain or loss

  securities -$10,506

• 7d · Net gain or loss

  total -$10,506 · excluded -$10,506

• 8a · Fundraising events: gross income

  $664,258

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

  $2,427,811

• 8b · Fundraising events: direct expenses

  $1,294,890

• 8c · Net income from fundraising events

  total -$630,632 · excluded -$630,632

• 11a · Other revenue: RIPKEN FIELD

  total $8,905 · excluded $8,905

• 11e · Other revenue, total

  $8,905

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,038,191 · program services $1,038,191

• 2 · Grants to domestic individuals

  total $18,750 · program services $18,750

• 5 · Compensation of officers, directors and key employees

  total $2,421,688 · program services $1,135,249 · management and general $698,088 · fundraising $588,351

• 7 · Other salaries and wages

  total $1,277,324 · program services $730,711 · management and general $129,943 · fundraising $416,670

• 8 · Pension plan contributions

  total $77,772 · program services $42,913 · management and general $6,095 · fundraising $28,764

• 9 · Other employee benefits

  total $281,930 · program services $80,049 · management and general $100,182 · fundraising $101,699

• 10 · Payroll taxes

  total $187,438 · program services $90,143 · management and general $33,696 · fundraising $63,599

• 11b · Fees: legal

  total $19,333 · program services $3,885 · management and general $15,448

• 11c · Fees: accounting

  total $78,908 · management and general $78,908

• 11f · Fees: investment management

  total $23,265 · management and general $23,265

• 11g · Fees: other

  total $811,724 · program services $408,478 · management and general $369,628 · fundraising $33,618

• 12 · Advertising and promotion

  total $213,741 · program services $126,846 · management and general $86,895

• 13 · Office expenses

  total $744,981 · program services $160,258 · management and general $395,518 · fundraising $189,205

• 14 · Information technology

  total $110,922 · program services $19,554 · management and general $71,641 · fundraising $19,727

• 16 · Occupancy

  total $343,250 · program services $159,481 · management and general $183,769

• 17 · Travel

  total $538,544 · program services $387,482 · management and general $101,848 · fundraising $49,214

• 20 · Interest

  total $827 · program services $744 · management and general $83

• 22 · Depreciation, depletion and amortization

  total $351,308 · program services $316,177 · management and general $35,131

• 23 · Insurance

  total $98,245 · program services $58,947 · management and general $39,298

• 24a · Other expenses: YOUTH DEVELOPMENT PARK

  total $4,778,180 · program services $4,778,180

• 24b · Other expenses: STEM EQUIPMENT

  total $1,779,142 · program services $1,779,142

• 24c · Other expenses: BASEBALL EQUIPMENT

  total $1,523,707 · program services $1,407,741 · management and general $103,301 · fundraising $12,665

• 24d · Other expenses: IN-KIND EXPENSES

  total $735,434 · program services $735,434

• 24e · All other expenses

  total $803,814 · program services $704,401 · management and general $70,573 · fundraising $28,840

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,744,706 · end of year $6,916,239

• 2 · Savings and temporary cash investments

  beginning of year $3,593,929 · end of year $1,811,884

• 3 · Pledges and grants receivable

  beginning of year $11,655,036 · end of year $9,301,764

• 4 · Accounts receivable

  beginning of year $710,257 · end of year $240,067

• 9 · Prepaid expenses and deferred charges

  beginning of year $580,661 · end of year $649,737

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

  $9,419,882

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

  $7,753,906

• 10c · Land, buildings and equipment, net

  beginning of year $1,940,895 · end of year $1,665,976

• 11 · Investments: publicly traded securities

  beginning of year $1,611,658 · end of year $2,339,037

• 12 · Investments: other securities

  beginning of year $125,000 · end of year $267,018

• 15 · Other assets

  beginning of year $11,855 · end of year $1,383,901

• 17 · Accounts payable and accrued expenses

  beginning of year $3,382,808 · end of year $1,687,946

• 19 · Deferred revenue

  beginning of year $212,456 · end of year $274,215

• 23 · Secured mortgages and notes payable

  beginning of year $5,357 · end of year $93

• 25 · Other liabilities

  beginning of year $340,658 · end of year $1,711,213

• 27 · Net assets without donor restrictions

  beginning of year $7,296,542 · end of year $7,579,048

• 28 · Net assets with donor restrictions

  beginning of year $13,736,176 · end of year $13,323,108

The filer's explanations (Part III)

PART I, LINE 4B

DURING THE YEAR, THE FOLLOWING OFFICER PARTICIPATED IN THE CAL RIPKEN SR. FOUNDATION NONQUALIFIED DEFERRED COMPENSATION PLAN: STEPHEN SALEM, $125,000

PART I, LINE 7

THE FOUNDATION MADE CERTAIN NON-FIXED COMPENSATORY PAYMENTS TO STAFF BASED ON ACHIEVEMENT OF INDIVIDUAL GOALS AND OVERALL CONTRIBUTIONS AS DETERMINED BY THE INDIVIDUAL'S SUPERVISOR AND THE PRESIDENT AND VP OF OPERATIONS OF THE FOUNDATION.