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Nonprofiteer
← REFUGEE INVESTMENT NETWORK INC

Form 990 for tax year 2022

Filed by REFUGEE INVESTMENT NETWORK INC.

Totals

Total revenue
$1,250,721
Total expenses
$980,563
Contributions and grants received
$923,783
Grants paid
$0
Program service revenue
$326,938
Investment income
$0
Other revenue
$0
Total assets, end of year
$297,080
Total liabilities, end of year
$57,134
Net assets or fund balances, end of year
$239,946
Program services expenses (Part IX)
$966,137
Management and general expenses
$14,426
Fundraising expenses
$0
Program service expenses (Part III)
$966,137

Program services were 98.5% 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

    $923,783

  • 2a · Program service revenue: CONTRACTS

    total $326,938 · related or exempt $326,938

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $186,560 · program services $186,560

  • 11c · Fees: accounting

    total $1,550 · management and general $1,550

  • 11g · Fees: other

    total $766,964 · program services $757,600 · management and general $9,364

  • 17 · Travel

    total $21,977 · program services $21,977

  • 23 · Insurance

    total $1,498 · management and general $1,498

  • 24a · Other expenses: BANK FEES

    total $2,014 · management and general $2,014

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $298,170 · end of year $242,903

  • 3 · Pledges and grants receivable

    beginning of year $86,877 · end of year $53,109

  • 9 · Prepaid expenses and deferred charges

    end of year $1,068

  • 17 · Accounts payable and accrued expenses

    beginning of year $181,195 · end of year $57,134

  • 18 · Grants payable

    beginning of year $215,714

  • 19 · Deferred revenue

    end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year -$11,862 · end of year $219,581

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $20,365

Mission and programs · 2022

Mission

UNLOCKING REFUGEE SELF]RELIANCE BY BUILDING THE INVESTMENT ECOSYSTEM FOR REFUGEE LENS INVESTING (RLI).

Activities or mission (Part I)

UNLOCKING REFUGEE SELF-RELIANCE BY BUILDING THE INVESTMENT ECOSYSTEM FOR (RLI).

  • CONTINUED TO BUILD THE REFUGEE LENS INVESTING ECOSYSTEM. CONDUCTED FIELD-BUILDING WORK IN JORDAN, UGANDA, KENYA, ETHIOPIA, AND THE UNITED KINGDOM.

    Expenses $966,137 · Revenue $326,938

As filed on the 2022 return.

Listed in Part VII

  • Timothy W Docking

    CEO/PRESIDENT, SECRETARY

    Total calculated
    $166,122
    From this org
    $166,122
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,122
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $166,122
  • John Kluge Board Chair Founder

    SR. ADV., CO-MNG DIR. (UNTIL 03/22)

    Total calculated
    $20,438
    From this org
    $20,438
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Andrew Stern

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Ruma Bose

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Hieu Bui

    BOARD MEMBER (SINCE JULY 2022)

    Total calculated
    $0
    Hours/week
    2
  • Sandra Osborne Kartt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

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

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
20 October 2023
IRS schema version
2022v5.0
Source object
202332939349300128

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