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Nonprofiteer
← RIGGS EMPLOYEES FUND

Form 990 for tax year 2024

Filed by RIGGS EMPLOYEES FUND.

Totals

Total revenue
$343,172
Total expenses
$345,058
Contributions and grants received
$341,094
Grants paid
$343,198
Program service revenue
$0
Investment income
$2,078
Other revenue
$0
Total assets, end of year
$234,277
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$234,277
Program services expenses (Part IX)
$343,198
Management and general expenses
$1,860
Fundraising expenses
$0
Program service expenses (Part III)
$343,198

Program services were 99.5% 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

    $341,094

  • 3 · Investment income

    total $2,078 · excluded $2,078

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $275,285 · program services $275,285

  • 2 · Grants to domestic individuals

    total $67,913 · program services $67,913

  • 11g · Fees: other

    total $1,860 · management and general $1,860

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $236,163 · end of year $234,277

  • 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 $236,163 · end of year $234,277

Mission and programs · 2024

Mission

MAKE CHARITABLE DONATIONS, PROVIDE SCHOLARSHIPS AND OTHER DONATIONS AS WELL AS PROVIDE EMPLOYEE HARDSHIP ASSISTANCE.

Activities or mission (Part I)

MAKE CHARITABLE DONATIONS, PROVIDE SCHOLARSHIPS AND PROVIDE EMPLOYEE HARDSHIP ASSISTANCE.

  • CHARITABLE CONTRIBUTIONS ARE MADE TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES

    Expenses $275,285 · Grants $275,285

  • EMPLOYEE ASSISTANCE

    Expenses $29,108 · Grants $29,108

  • GRANTED EDUCATIONAL SCHOLARSHIPS

    Expenses $38,805 · Grants $38,805

As filed on the 2024 return.

Listed in Part VII

  • Michael Burks

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Jason McDonald

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0

  • Justin Monroe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
8 May 2025
IRS schema version
2024v5.1
Source object
202501289349303510

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

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