Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $3,063,224

• 1e · Government grants (contributions)

  $2,241,426

• 1f · All other contributions, gifts and grants

  $29,641,332

• 1g · Noncash contributions included above

  $1,189,316

• 3 · Investment income

  total $352,595 · excluded $352,595

• 6a · Gross rents

  real property $185,510

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $185,510

• 6d · Net rental income or loss

  total $185,510 · excluded $185,510

• 7a · Gross sales of assets other than inventory

  securities $283,354

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

  securities $265,950

• 7c · Gain or loss

  securities $17,404

• 7d · Net gain or loss

  total $17,404 · excluded $17,404

• 8a · Fundraising events: gross income

  $570,770

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

  $3,063,224

• 8b · Fundraising events: direct expenses

  $1,245,183

• 8c · Net income from fundraising events

  total -$674,413 · excluded -$674,413

• 11a · Other revenue: RIPKEN FIELD

  total $32,958 · excluded $32,958

• 11e · Other revenue, total

  $32,958

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,007,215 · program services $1,007,215

• 2 · Grants to domestic individuals

  total $20,000 · program services $20,000

• 5 · Compensation of officers, directors and key employees

  total $2,868,023 · program services $1,517,337 · management and general $896,103 · fundraising $454,583

• 7 · Other salaries and wages

  total $2,237,905 · program services $689,126 · management and general $1,065,548 · fundraising $483,231

• 8 · Pension plan contributions

  total $30,608 · program services $12,423 · management and general $3,705 · fundraising $14,480

• 9 · Other employee benefits

  total $90,964 · program services $1,980 · management and general $28,311 · fundraising $60,673

• 10 · Payroll taxes

  total $215,654 · program services $117,039 · management and general $39,717 · fundraising $58,898

• 11b · Fees: legal

  total $5,270 · program services $665 · management and general $4,605

• 11c · Fees: accounting

  total $97,986 · management and general $97,986

• 11f · Fees: investment management

  total $36,536 · management and general $36,536

• 11g · Fees: other

  total $929,780 · program services $612,687 · management and general $285,142 · fundraising $31,951

• 12 · Advertising and promotion

  total $195,046 · program services $106,898 · management and general $74,148 · fundraising $14,000

• 13 · Office expenses

  total $732,394 · program services $279,809 · management and general $369,649 · fundraising $82,936

• 14 · Information technology

  total $140,301 · program services $13,497 · management and general $123,050 · fundraising $3,754

• 16 · Occupancy

  total $354,753 · program services $97,898 · management and general $256,855

• 17 · Travel

  total $600,254 · program services $468,104 · management and general $92,203 · fundraising $39,947

• 20 · Interest

  total $482 · program services $482

• 22 · Depreciation, depletion and amortization

  total $324,211 · program services $291,790 · management and general $32,421

• 23 · Insurance

  total $107,285 · program services $64,371 · management and general $42,914

• 24a · Other expenses: YOUTH DEVELOPMENT PARK

  total $19,750,448 · program services $19,750,448

• 24b · Other expenses: STEM EQUIPMENT

  total $3,424,912 · program services $3,424,912

• 24c · Other expenses: BASEBALL EQUIPMENT

  total $974,693 · program services $937,644 · management and general $30,430 · fundraising $6,619

• 24d · Other expenses: IN-KIND EXPENSES

  total $931,765 · program services $931,765

• 24e · All other expenses

  total $629,977 · program services $544,717 · management and general $35,870 · fundraising $49,390

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,916,239 · end of year $7,047,652

• 2 · Savings and temporary cash investments

  beginning of year $1,811,884 · end of year $1,536,927

• 3 · Pledges and grants receivable

  beginning of year $9,301,764 · end of year $10,177,920

• 4 · Accounts receivable

  beginning of year $240,067 · end of year $303,416

• 9 · Prepaid expenses and deferred charges

  beginning of year $649,737 · end of year $791,510

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

  $9,454,839

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

  $8,078,116

• 10c · Land, buildings and equipment, net

  beginning of year $1,665,976 · end of year $1,376,723

• 11 · Investments: publicly traded securities

  beginning of year $2,339,037 · end of year $3,212,289

• 12 · Investments: other securities

  beginning of year $267,018 · end of year $429,587

• 15 · Other assets

  beginning of year $1,383,901 · end of year $1,201,474

• 17 · Accounts payable and accrued expenses

  beginning of year $1,687,946 · end of year $3,470,211

• 19 · Deferred revenue

  beginning of year $274,215 · end of year $102,927

• 23 · Secured mortgages and notes payable

  beginning of year $93

• 25 · Other liabilities

  beginning of year $1,711,213 · end of year $2,114,376

• 27 · Net assets without donor restrictions

  beginning of year $7,579,048 · end of year $4,526,831

• 28 · Net assets with donor restrictions

  beginning of year $13,323,108 · end of year $15,863,153

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.