Civic Intelligence

Ray Bolt Foundation Inc

EIN 20-2168245 • 501(c)3 • Orlando, FL

Profile

The primary activity of ray bolt foundation, inc. Is to hold an annual charity golf tournament in remembrance of ray bolt, a certified public accountant and former shareholder of msl, p.a., who died of cancer in 2001. Proceeds from the tournament are donated to charitable organizations.

255 S Orange Avenue 600Orlando, FL 32801

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.02x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.12x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

-0.6%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$169,958

Up $23,730 (+16%) from 2023

Liabilities

Up

$4,000

Up $1,910 (+91%) from 2023

Net Assets

Up

$165,958

Up $21,820 (+15%) from 2023

Revenue

Down

$34,692

Down $221 (-0.6%) from 2023

Expenses

Down

$12,872

Down $3,054 (-19%) from 2023

Net Income

Up

$21,820

Up $2,833 (+15%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2010: $14,965Liabilities 2010: $5,001Net Assets 2010: $9,9642010Assets 2011: $33,301Liabilities 2011: $7,500Net Assets 2011: $25,8012011Assets 2012: $46,090Liabilities 2012: $7,863Net Assets 2012: $38,2272012Assets 2013: $65,389Liabilities 2013: $12,588Net Assets 2013: $52,8012013Assets 2014: $74,925Liabilities 2014: $15,039Net Assets 2014: $59,8862014Assets 2015: $88,192Liabilities 2015: $11,165Net Assets 2015: $77,0272015Assets 2016: $112,092Liabilities 2016: $11,000Net Assets 2016: $101,0922016Assets 2017: $110,142Liabilities 2017: $11,031Net Assets 2017: $99,1112017Assets 2018: $110,825Liabilities 2018: $10,031Net Assets 2018: $100,7942018Assets 2019: $106,767Liabilities 2019: $10,775Net Assets 2019: $95,9922019Assets 2020: $111,923Liabilities 2020: $21,386Net Assets 2020: $90,5372020Assets 2021: $108,535Liabilities 2021: $666Net Assets 2021: $107,8692021Assets 2022: $125,151Liabilities 2022: $0Net Assets 2022: $125,1512022Assets 2023: $146,228Liabilities 2023: $2,090Net Assets 2023: $144,1382023Assets 2024: $169,958Liabilities 2024: $4,000Net Assets 2024: $165,9582024

Highlighted filing

2024

Assets$169,958
Liabilities$4,000
Net Assets$165,958

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20KRevenue 2010: $22,693Expenses 2010: $16,049Net Income 2010: $6,6442010Revenue 2011: $22,844Expenses 2011: $7,007Net Income 2011: $15,8372011Revenue 2012: $27,247Expenses 2012: $14,821Net Income 2012: $12,4262012Revenue 2013: $30,718Expenses 2013: $16,144Net Income 2013: $14,5742013Revenue 2014: $28,114Expenses 2014: $21,029Net Income 2014: $7,0852014Revenue 2015: $28,197Expenses 2015: $11,056Net Income 2015: $17,1412015Revenue 2016: $25,189Expenses 2016: $1,124Net Income 2016: $24,0652016Revenue 2017: $22,933Expenses 2017: $24,914Net Income 2017: -$1,9812017Revenue 2018: $19,756Expenses 2018: $18,072Net Income 2018: $1,6842018Revenue 2019: $20,636Expenses 2019: $25,438Net Income 2019: -$4,8022019Revenue 2020: $3,829Expenses 2020: $9,284Net Income 2020: -$5,4552020Revenue 2021: $28,562Expenses 2021: $11,230Net Income 2021: $17,3322021Revenue 2022: $28,971Expenses 2022: $11,689Net Income 2022: $17,2822022Revenue 2023: $34,913Expenses 2023: $15,926Net Income 2023: $18,9872023Revenue 2024: $34,692Expenses 2024: $12,872Net Income 2024: $21,8202024

Highlighted filing

2024

Revenue$34,692
Expenses$12,872
Net Income$21,820

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.70$0.04$1.66$0.35$0.13$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.46$0.02$1.44$0.35$0.16$0.19
2022Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$0.29$0.12$0.17
2021Detailed filing. Detailed filing data is available for this year.$1.09$0.01$1.08$0.29$0.11$0.17
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.21$0.91$0.04$0.09$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.07$0.11$0.96$0.21$0.25$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.10$1.01$0.20$0.18$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.11$0.99$0.23$0.25$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.11$1.01$0.25$0.01$0.24
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.11$0.77$0.28$0.11$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.15$0.60$0.28$0.21$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.65$0.13$0.53$0.31$0.16$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.08$0.38$0.27$0.15$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.08$0.26$0.23$0.07$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.05$0.10$0.23$0.16$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.1
Gross Receipts
$62,904
Mission and Program Overview

Mission

The primary activity of ray bolt foundation, inc. Is to hold an annual charity golf tournament in remembrance of ray bolt, a certified public accountant and former shareholder of msl, p.a., who died of cancer in 2001. All proceeds from the tournament are donated to charitable organizations.

Primary exempt purpose - the primary activity of ray bolt foundation, inc. Is to hold an annual charity golf tournament in remembrance of ray bolt, a certified public accountant and former shareholder of msl, p.a., who died of cancer in 2001. Proceeds from the tournament are donated to charitable organizations.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICE ACCOMPLISHMENTS: RAY BOLT FOUNDATION, INC. HOLDS AN ANNUAL CHARITY GOLF TOURNAMENT IN REMEMBRANCE OF RAY BOLT, A CERTIFIED PUBLIC ACCOUNTANT AND FORMER SHAREHOLDER OF MSL P.A., WHO DIED OF CANCER IN 2001. THE EVENT IS ORGANIZED BY EMPLOYEES OF MSL, P.A. WHO CONTRIBUTE THEIR TIME AT NO COST TO RAY BOLT FOUNDATION, INC.$10,000$2,872
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOT AURELIUSDirector-$0--
DOUGLAS PALMERDirector-$0--
PRESTON BOLTDirector-$0--
ED PARKERDirector-$0--
ROB MATSCHNERDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$60,156$56,770$5,440$51,330
Event 2-$0-$0
Total Events$60,156$56,770$28,212$28,558
Filing and Contact Details

Filer

Filer Name
Ray Bolt Foundation Inc
EIN
20-2168245
Phone
4077405400
Address
255 S Orange Avenue 600, Orlando, FL 32801

Signing Officer

Name
Scot Aurelius
Title
Director
Phone
4077405400
Signed
2025-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Forvis Mazars LLP
Address
255 South Orange Avenue Suite 600, Orlando, FL 32801
Preparer
Harry Harp
Phone
4077405400
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10 Grants Paid

Activity:cancer research;grantee name:colorectal cancer alliance;grantee address:1025 vermont avenue, nw , washington, dc, none, 20005-____, us;amount:5000;relationship:none;activity:education scholarship;grantee name:university of central florida;grantee address:4000 central florida blvd. , orlando, fl, 32816-____, us;amount:5000;relationship:none;

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

Licenses & dues - 147; miscellaneous expense - 955; travel - 670; bank fees - 910; meals - 190;

Form 990-EZ, Part II, Line 26B Total Liabilities

Accounts payable - boy:990,eoy:0; deferred unrestricted revenue - boy:1100,eoy:4000;

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

Primary exempt purpose - the primary activity of ray bolt foundation, inc. Is to hold an annual charity golf tournament in remembrance of ray bolt, a certified public accountant and former shareholder of msl, p.a., who died of cancer in 2001. Proceeds from the tournament are donated to charitable organizations.

Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES

Program service accomplishments: ray bolt foundation, inc. Holds an annual charity golf tournament in remembrance of ray bolt, a certified public accountant and former shareholder of msl p.a., who died of cancer in 2001. The event is organized by employees of msl, p.a. Who contribute their time at no cost to ray bolt foundation, inc.

INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS:

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.

Raw XML Appendix196 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
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IRS990EZ/Organization501c3Ind0X
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IRS990EZ/PrimaryExemptPurposeTxt0PRIMARY EXEMPT PURPOSE - THE PRIMARY ACTIVITY OF RAY BOLT FOUNDATION, INC. IS TO HOLD AN ANNUAL CHARITY GOLF TOURNAMENT IN REMEMBRANCE OF RAY BOLT, A CERTIFIED PUBLIC ACCOUNTANT AND FORMER SHAREHOLDER OF MSL, P.A., WHO DIED OF CANCER IN 2001. PROCEEDS FROM THE TOURNAMENT ARE DONATED TO CHARITABLE ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM SERVICE ACCOMPLISHMENTS: RAY BOLT FOUNDATION, INC. HOLDS AN ANNUAL CHARITY GOLF TOURNAMENT IN REMEMBRANCE OF RAY BOLT, A CERTIFIED PUBLIC ACCOUNTANT AND FORMER SHAREHOLDER OF MSL P.A., WHO DIED OF CANCER IN 2001. THE EVENT IS ORGANIZED BY EMPLOYEES OF MSL, P.A. WHO CONTRIBUTE THEIR TIME AT NO COST TO RAY BOLT FOUNDATION, INC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY:CANCER RESEARCH;GRANTEE NAME:COLORECTAL CANCER ALLIANCE;GRANTEE ADDRESS:1025 VERMONT AVENUE, NW , WASHINGTON, DC, NONE, 20005-____, US;AMOUNT:5000;RELATIONSHIP:NONE;ACTIVITY:EDUCATION SCHOLARSHIP;GRANTEE NAME:UNIVERSITY OF CENTRAL FLORIDA;GRANTEE ADDRESS:4000 CENTRAL FLORIDA BLVD. , ORLANDO, FL, 32816-____, US;AMOUNT:5000;RELATIONSHIP:NONE;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LICENSES & DUES - 147; MISCELLANEOUS EXPENSE - 955; TRAVEL - 670; BANK FEES - 910; MEALS - 190;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE - BOY:990,EOY:0; DEFERRED UNRESTRICTED REVENUE - BOY:1100,EOY:4000;
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIMARY EXEMPT PURPOSE - THE PRIMARY ACTIVITY OF RAY BOLT FOUNDATION, INC. IS TO HOLD AN ANNUAL CHARITY GOLF TOURNAMENT IN REMEMBRANCE OF RAY BOLT, A CERTIFIED PUBLIC ACCOUNTANT AND FORMER SHAREHOLDER OF MSL, P.A., WHO DIED OF CANCER IN 2001. PROCEEDS FROM THE TOURNAMENT ARE DONATED TO CHARITABLE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAM SERVICE ACCOMPLISHMENTS: RAY BOLT FOUNDATION, INC. HOLDS AN ANNUAL CHARITY GOLF TOURNAMENT IN REMEMBRANCE OF RAY BOLT, A CERTIFIED PUBLIC ACCOUNTANT AND FORMER SHAREHOLDER OF MSL P.A., WHO DIED OF CANCER IN 2001. THE EVENT IS ORGANIZED BY EMPLOYEES OF MSL, P.A. WHO CONTRIBUTE THEIR TIME AT NO COST TO RAY BOLT FOUNDATION, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10 Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26b Total Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS:
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ray Bolt Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0RAYB
ReturnHeader/Filer/EIN0202168245
ReturnHeader/Filer/PhoneNum04077405400
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ReturnHeader/Filer/USAddress/ZIPCd032801
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0440160260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Forvis Mazars LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 South Orange Avenue Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Orlando
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032801
ReturnHeader/PreparerPersonGrp/PhoneNum04077405400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Harry Harp
ReturnHeader/ReturnTs02025-11-10T10:24:02+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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