Raise the Bar Inc.

990EZ • Fiscal year 2020 • EIN 06-1536742

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 12, 2021

Organization Profile N/A

115 East Putnam AvenueGreenwich, CT 06830

(203) 978-5831

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-879%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-63%

Faster asset growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-95%

Faster revenue growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$57,330

Down $98,188 (-63%) from 2019

Net Assets

$57,330

No earlier filing loaded for comparison.

Liabilities

Down

Down $53,355 (-100%) from 2019

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin2nd percentile

Revenue

Down

$5,100

Down $99,859 (-95%) from 2019

Expenses

Down

$49,933

Down $14,352 (-22%) from 2019

Net Income

Down

-$44,833

Down $85,507 (-210%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2020

Assets$57,330

Liabilities$0

Net Assets$57,330

Open 2020 Filing

Operations Trend

Revenue Growth4th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2020

Revenue$5,100

Expenses$49,933

Net Income-$44,833

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: Feb 12, 2021
Return Version: 2019v5.2
Gross Receipts: $5,100

Mission and Program Overview

Mission

The organization raises funds for cancer patients,who because of their lack of financial assets,have experienced troubled medical and financial times.grants are distributed to individuals for medical treatment or for other purposes intended to alleviate the donee's medical suffering.

Program Services

Description	Grants	Expenses
THE ORGANIZATION HELD A FUND RAISING GOLF TOURNAMENTTO PROVIDE REVENUE FOR THE ORGANIZATIONS EXEMPT PURPOSE (43 GRANTS WERE ISSUED)NO GRANTS WERE ISSUED IN EXCESS OF $5,000.00THE EXEMPT PURPOSE IS PROVIDING FUNDS FOR CANCER INFLICTED PATIENTS.	$49,743	$0

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
ROBERT MUSUMECI	President	-	$0	-	-
TERRY BAXENDALE	Vice President	-	$0	-	-
MARCIA GROGLIO	Secretary	-	$0	-	-
WILLIAM ARNONE	Treasurer	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Golf Outing	-	-	-	-

Filing and Contact Details

Filer

Filer Name: Raise the Bar Inc
EIN: 06-1536742
Phone: 2039785831
Address: 115 EAST PUTNAM AVENUE, GREENWICH, CT 06830

Signing Officer

Name: William J Arnone
Title: Treasurer
Phone: 2039785831
Signed: 2021-02-12
Discuss with paid preparer: No

Preparer

Preparer: William J Arnone

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity Classification: MEDICAL EXPENSES PAID ON BEHALF. Grantee Name: NO GRANT PAID IN EXCESS OF $5,000.00. Grantee Relationship: NONE. Property Description: CHECK. Amount Given: 49743. Total included on Form 990-EZ, line 10: 49743.”

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: OFFICE EXPENSES. Amount: 190.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 36025. End of Year Amount: 0.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: ACCOUNTS PAYABLES. Beg. of Year Amount: 53355. End of Year Amount: 0.”

Raw XML Appendix142 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path	#	Value
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	WILLIAM ARNONE
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2039785831
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	68 WHITE OAK LANESTAMFORDCT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	STAMFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	06905
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	119493
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	57330
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	5100
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-44833
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	155518
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	57330
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	49743
IRS990EZ/GrossReceiptsAmt	0	5100
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	102163
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	57330
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	102163
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	57330
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	ROBERT MUSUMECI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	TERRY BAXENDALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	MARCIA GROGLIO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	WILLIAM ARNONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	TREASURER
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	36025
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	190
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION RAISES FUNDS FOR CANCER PATIENTS,WHO BECAUSE OF THEIR LACK OF FINANCIAL ASSETS,HAVE EXPERIENCED TROUBLED MEDICAL AND FINANCIAL TIMES.GRANTS ARE DISTRIBUTED TO INDIVIDUALS FOR MEDICAL TREATMENT OR FOR OTHER PURPOSES INTENDED TO ALLEVIATE THE DONEE'S MEDICAL SUFFERING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION HELD A FUND RAISING GOLF TOURNAMENTTO PROVIDE REVENUE FOR THE ORGANIZATIONS EXEMPT PURPOSE (43 GRANTS WERE ISSUED)NO GRANTS WERE ISSUED IN EXCESS OF $5,000.00THE EXEMPT PURPOSE IS PROVIDING FUNDS FOR CANCER INFLICTED PATIENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	49743
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	CT
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	53355
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	49933
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	5100
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	4910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	104898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	69753
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	65140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	62991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	307692
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY170Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal170Amt	0	307692
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	4910
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	104898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	69753
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	65140
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	62991
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	307692
IRS990ScheduleA/TotalSupportAmt	0	307692
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	GOLF OUTING
IRS990ScheduleG/SpecialFundraisingEventsInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity Classification: MEDICAL EXPENSES PAID ON BEHALF. Grantee Name: NO GRANT PAID IN EXCESS OF $5,000.00. Grantee Relationship: NONE. Property Description: CHECK. Amount Given: 49743. Total included on Form 990-EZ, line 10: 49743.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description: OFFICE EXPENSES. Amount: 190.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description: ACCOUNTS RECEIVABLE. Beg. of Year Amount: 36025. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description: ACCOUNTS PAYABLES. Beg. of Year Amount: 53355. End of Year Amount: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	0
ReturnHeader/BusinessOfficerGrp/PersonNm	0	WILLIAM J ARNONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2039785831
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2021-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	RAISE THE BAR INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	C/O CAPITAL FINANCIAL MANAGEMENT
ReturnHeader/Filer/BusinessNameControlTxt	0	RAIS
ReturnHeader/Filer/EIN	0	061536742
ReturnHeader/Filer/PhoneNum	0	2039785831
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	115 EAST PUTNAM AVENUE
ReturnHeader/Filer/USAddress/CityNm	0	GREENWICH
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	CT
ReturnHeader/Filer/USAddress/ZIPCd	0	06830
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	WILLIAM J ARNONE
ReturnHeader/ReturnTs	0	2021-02-12T08:49:29-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-07-01
ReturnHeader/TaxPeriodEndDt	0	2020-06-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $57,330
Liabilities: $0
Net assets: $57,330
Revenue: $5,100
Expenses: $49,933
Net income: -$44,833

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.45	$0.00	$0.45	$0.16	$0.82	$0.66
2024Detailed filing. Detailed filing data is available for this year.	$1.12	$0.00	$1.12	$0.26	$0.82	$0.56
2023Detailed filing. Detailed filing data is available for this year.	$1.68	$0.00	$1.68	$0.42	$0.62	$0.20
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$1.87	$0.00	$1.87	$0.82	$0.33	$0.49
2021Detailed filing. Detailed filing data is available for this year.	$1.38	$0.00	$1.38	$1.43	$0.62	$0.81
2020Detailed filing. Detailed filing data is available for this year.	$0.57	$0.00	$0.57	$0.05	$0.50	$0.45
2019Summary only. Only limited summary data is available for this year.	$1.56	$0.53		$1.05	$0.64	$0.41
2018Summary only. Only limited summary data is available for this year.	$1.15	$0.54		$0.70	$0.77	$0.07
2017Summary only. Only limited summary data is available for this year.	$0.70	$0.01		$0.65	$0.56	$0.09
2016Summary only. Only limited summary data is available for this year.	$0.60	$0.00		$0.63	$0.68	$0.05
2015Summary only. Only limited summary data is available for this year.	$0.77	$0.12		$0.69	$0.68	$0.01
2012Summary only. Only limited summary data is available for this year.	$0.34	$0.00		$0.19	$0.40	$0.20
2011Summary only. Only limited summary data is available for this year.	$0.55	$0.00		$0.55	$0.51	$0.04
2010Summary only. Only limited summary data is available for this year.	$0.51	$0.00		$0.57	$0.52	$0.05