Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $2,817,341

• 1e · Government grants (contributions)

  $7,796,465

• 1f · All other contributions, gifts and grants

  $17,926,597

• 1g · Noncash contributions included above

  $2,260,602

• 3 · Investment income

  total $519,898 · excluded $519,898

• 6a · Gross rents

  real property $194,024

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $194,024

• 6d · Net rental income or loss

  total $194,024 · excluded $194,024

• 7a · Gross sales of assets other than inventory

  securities $525,393

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

  securities $437,837

• 7c · Gain or loss

  securities $87,556

• 7d · Net gain or loss

  total $87,556 · excluded $87,556

• 8a · Fundraising events: gross income

  $476,912

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

  $2,817,341

• 8b · Fundraising events: direct expenses

  $1,404,788

• 8c · Net income from fundraising events

  total -$927,876 · excluded -$927,876

• 11a · Other revenue: INSURANCE PROCEEDS/REBATES

  total $24,014 · excluded $24,014

• 11e · Other revenue, total

  $24,014

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,159,642 · program services $1,159,642

• 2 · Grants to domestic individuals

  total $32,500 · program services $32,500

• 5 · Compensation of officers, directors and key employees

  total $3,024,502 · program services $1,588,778 · management and general $904,454 · fundraising $531,270

• 7 · Other salaries and wages

  total $2,488,778 · program services $1,114,022 · management and general $832,903 · fundraising $541,853

• 8 · Pension plan contributions

  total $62,894 · program services $32,525 · management and general $3,611 · fundraising $26,758

• 9 · Other employee benefits

  total $133,887 · program services $18,769 · management and general $39,569 · fundraising $75,549

• 10 · Payroll taxes

  total $250,380 · program services $148,457 · management and general $35,554 · fundraising $66,369

• 11b · Fees: legal

  total $24,188 · program services $280 · management and general $23,908

• 11c · Fees: accounting

  total $125,128 · management and general $125,128

• 11f · Fees: investment management

  total $50,068 · management and general $50,068

• 11g · Fees: other

  total $487,932 · program services $323,236 · management and general $125,442 · fundraising $39,254

• 12 · Advertising and promotion

  total $141,294 · program services $11,410 · management and general $29,613 · fundraising $100,271

• 13 · Office expenses

  total $801,398 · program services $397,080 · management and general $350,560 · fundraising $53,758

• 14 · Information technology

  total $196,322 · program services $12,199 · management and general $180,828 · fundraising $3,295

• 16 · Occupancy

  total $468,606 · program services $140,647 · management and general $327,959

• 17 · Travel

  total $576,917 · program services $403,512 · management and general $114,838 · fundraising $58,567

• 20 · Interest

  total $3,294 · program services $3,294

• 22 · Depreciation, depletion and amortization

  total $310,387 · program services $279,348 · management and general $31,039

• 23 · Insurance

  total $138,992 · program services $87,169 · management and general $51,823

• 24a · Other expenses: YOUTH DEVELOPMENT PARK

  total $8,488,605 · program services $8,488,605

• 24b · Other expenses: STEM EQUIPMENT

  total $4,147,787 · program services $4,147,787

• 24c · Other expenses: IN-KIND EXPENSES

  total $1,813,464 · program services $1,813,464

• 24d · Other expenses: BASEBALL EQUIPMENT

  total $407,163 · program services $375,543 · management and general $24,414 · fundraising $7,206

• 24e · All other expenses

  total $346,482 · program services $295,517 · management and general $38,365 · fundraising $12,600

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $7,047,652 · end of year $8,827,802

• 2 · Savings and temporary cash investments

  beginning of year $1,536,927 · end of year $2,289,004

• 3 · Pledges and grants receivable

  beginning of year $10,177,920 · end of year $8,093,150

• 4 · Accounts receivable

  beginning of year $303,416 · end of year $564,267

• 8 · Inventories for sale or use

  end of year $741,210

• 9 · Prepaid expenses and deferred charges

  beginning of year $791,510 · end of year $945,337

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

  $9,475,141

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

  $8,388,503

• 10c · Land, buildings and equipment, net

  beginning of year $1,376,723 · end of year $1,086,638

• 11 · Investments: publicly traded securities

  beginning of year $3,212,289 · end of year $4,167,409

• 12 · Investments: other securities

  beginning of year $429,587 · end of year $591,080

• 15 · Other assets

  beginning of year $1,201,474 · end of year $1,049,248

• 17 · Accounts payable and accrued expenses

  beginning of year $3,470,211 · end of year $3,085,770

• 19 · Deferred revenue

  beginning of year $102,927 · end of year $281,074

• 25 · Other liabilities

  beginning of year $2,114,376 · end of year $2,315,182

• 27 · Net assets without donor restrictions

  beginning of year $4,526,831 · end of year $4,704,571

• 28 · Net assets with donor restrictions

  beginning of year $15,863,153 · end of year $17,968,548

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.