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Nonprofiteer
← RIDGE AREA ARC FOUNDATION

Form 990 for tax year 2022

Filed by RIDGE AREA ARC FOUNDATION.

Totals

Total revenue
$58,444
Total expenses
$29,304
Contributions and grants received
$0
Grants paid
$15,800
Program service revenue
$0
Investment income
$58,444
Other revenue
$0
Total assets, end of year
$2,734,615
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,734,615
Program services expenses (Part IX)
$15,800
Management and general expenses
$13,504
Fundraising expenses
$0
Program service expenses (Part III)
$15,800

Program services were 53.9% 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.

  • 3 · Investment income

    total $68,616 · excluded $68,616

  • 7a · Gross sales of assets other than inventory

    securities $998,120

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

    securities $1,008,292

  • 7c · Gain or loss

    securities -$10,172

  • 7d · Net gain or loss

    total -$10,172 · excluded -$10,172

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,800 · program services $15,800

  • 24a · Other expenses: OTHER ADMINISTRATIVE

    total $13,504 · management and general $13,504

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $561,161 · end of year $831,731

  • 11 · Investments: publicly traded securities

    beginning of year $2,024,152 · end of year $1,902,884

  • 27 · Net assets without donor restrictions

    beginning of year $356,268 · end of year $505,570

  • 28 · Net assets with donor restrictions

    beginning of year $2,229,045 · end of year $2,229,045

Mission and programs · 2022

Mission

TO SECURE AND INVEST FUNDS SPECIFICALLY FOR ENDOWING THE PROGRAMS AND SERVICES OF RIDGE AREA ARC, INC.

  • TO SECURE AND INVEST FUNDS SPECIFICALLY FOR ENDOWING THE PROGRAMS AND SERVICES OF RIDGE AREA ARC, INC. THE PURPOSE OF RIDGE AREA ARC, INC. IS TO ENSURE THE RIGHTS AND RESPONSIBILITIES OF EACH CITIZEN WITH A DISABILITY TO DEVELOP A NORMAL, HEALTHY, AND PRODUCTIVE LIFE.

    Expenses $15,800 · Grants $15,800

As filed on the 2022 return.

Listed in Part VII

  • Dr Tina Adams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • William Albritton

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Mary Brown

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Victor Divietro

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Dee Dee Harstine

    TRUSTEE

    Total calculated
    $0
  • Rick Helms

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Debra McCullough

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • David Schumacher

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Joann Seralde

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Kirsten Scarborough Turner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Marcia Ward

    SECRETARY

    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

Provenance

Return type
form_990
Tax year
2022
Filed
24 January 2024
IRS schema version
2022v5.0
Source object
202420339349301317

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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