Form 990, Part VI, Section A, line 2
“michael riley and justin buck are minority partners in an unrelated investment partnership.”
Scores are not available for this record yet.
Assets
Up$7,079,036
Up $603,229 (+9.3%) from 2016
Net Assets
Up$6,698,466
Up $353,132 (+5.6%) from 2016
Liabilities
Up$380,570
Up $250,097 (+192%) from 2016
Revenue
Up$2,112,158
Up $367,575 (+21%) from 2016
Expenses
Up$2,146,342
Up $787,073 (+58%) from 2016
Net Income
Down-$34,184
Down $419,498 (-109%) from 2016
Raf facilitates various insurance programs for the benefit of nonprofit organizations and their officers throughout north america. Raf also supports the health and safety educational initiatives of various nonprofit organizations as well as their officers, advisors, and members.
PROVIDE liability protection FOR ACCIDENTS AND OTHER INCIDENTS THAT MAY OCCUR ON CHAPTER PROPERTIES OR INVOLVING CHAPTER MEMBERS OR OFFICERS
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $5,168,323 | $5,986,833 | ▲ $818,510 |
| Cash and Non-Interest-Bearing Accounts | $644,902 | $510,285 | ▼ $134,617 |
| Other Notes and Loans Receivable, Net | $391,484 | $310,820 | ▼ $80,664 |
| Investments Other Securities | $271,098 | $271,098 | → $0 |
| Total Assets | $6,475,807 | $7,079,036 | ▲ $603,229 |
| Liabilities | |||
| Other Liabilities | $130,367 | $376,318 | ▲ $245,951 |
| Accounts Payable and Accrued Expenses | $106 | $4,252 | ▲ $4,146 |
| Total Liabilities | $130,473 | $380,570 | ▲ $250,097 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $6,345,334 | $6,698,466 | ▲ $353,132 |
| Total Net Assets Fund Balance | $6,345,334 | $6,698,466 | ▲ $353,132 |
| Total Liabilities and Net Assets / Fund Balance | $6,475,807 | $7,079,036 | ▲ $603,229 |
| Name | Title |
|---|---|
| john m silberstein | President |
| Thomas J Olsen | Vice President |
| John a Bobango | Director |
| Thomas a Uebler | Director |
| michael w riley | Director |
| justin A buck | chief executive officer |
| Robert R Parsons Jr | Chief Financial Officer |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,146,342 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Other | - | - | - | $335,103 |
| Insurance | - | - | - | $162,462 |
| Fees for Services Legal | - | - | - | $61,584 |
| Payments to Affiliates | - | - | - | $50,000 |
| Other Expenses | - | - | - | $43,106 |
| Fees for Services Accounting | - | - | - | $9,100 |
| Travel | - | - | - | $4,202 |
| Conferences and Meetings | - | - | - | $3,022 |
| All Other Expenses | - | - | - | $965 |
| Total Functional Expenses | $0 | $0 | $0 | $2,146,342 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $2,146,342 |
| Total Expenses per Audited Statements | $2,146,342 |
| Total Expenses per Form 990 | $2,146,342 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Estimated Claims Payable | $376,318 |
“michael riley and justin buck are minority partners in an unrelated investment partnership.”
“the 990 is reviewed by the ceo and key accounting personnel.”
“the conflict of interest policy is reviewed and revisited during each election cycle. (every 2 years). There is an on-going discussion and education regarding conflict of interest issues.”
“the organization's governing documents, financial statements and conflict of interest policy are available upon request.”
“Insurance:Inspection Fees 13,775. Operations:Investment Services 20,718. Operations:Contracted Services 300,610.”
“pass-through adjustment on 990 not on books -52,689.”
“the organization did not change its oversight process or selection process during the year.”
“Due to a change in software this Form 990 was originally inadvertently e-filed before all final edits were processed and thus requires amendment to reflect the final return. The changes did not effect total revenue, expenses or net assets.”
“raf, inc. has determined that it does not have any material uncertain tax positions as of june 30, 2017.”
“Pass-through adjustment on 990 not on books 52,689.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | raf, inc. has determined that it does not have any material uncertain tax positions as of june 30, 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | PASS-THROUGH ADJUSTMENT ON 990 NOT ON BOOKS 52,689. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 1 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | justin A buck |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 1 | ROBERT R PARSONS JR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | chief executive officer |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 1 | CHIEF FINANCIAL OFFICER |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 1 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 1 | 87182 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | SALARIES AND BENEFITS ARE PAID BY OAK SERVICE CORPORATION, EIN 47-2411265. THE PORTION OF SALARIES AND BENEFITS THAT RELATE TO RAF, INC IS REFLECTED ON FORM 990, PART VII AND ON SCHEDULE J OF THIS RETURN. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | form 990, part vii, column (f) |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | michael riley and justin buck are minority partners in an unrelated investment partnership. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | the 990 is reviewed by the ceo and key accounting personnel. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | the conflict of interest policy is reviewed and revisited during each election cycle. (every 2 years). There is an on-going discussion and education regarding conflict of interest issues. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | the organization's governing documents, financial statements and conflict of interest policy are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Insurance:Inspection Fees 13,775. Operations:Investment Services 20,718. Operations:Contracted Services 300,610. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | pass-through adjustment on 990 not on books -52,689. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | the organization did not change its oversight process or selection process during the year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | Due to a change in software this Form 990 was originally inadvertently e-filed before all final edits were processed and thus requires amendment to reflect the final return. The changes did not effect total revenue, expenses or net assets. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XI, line 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XII, Line 2C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | form 990, page 1, line B - reason for amended return |
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| IRS990/SignificantChangeInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 7079036 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 6475807 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 7079036 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 500000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
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| IRS990/TotalGrossUBIAmt | 0 | 186315 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 130473 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 380570 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 130473 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 380570 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 6345334 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 6698466 |
| IRS990/TotalOtherCompensationAmt | 0 | 149547 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1454791 |
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| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 186315 |
| IRS990/TotalVolunteersCnt | 0 | 5 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 7079036 |
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| IRS990/TravelGrp/TotalAmt | 0 | 4202 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 1 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 6345334 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 6698466 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 8347 WEST RANGE COVE |
| IRS990/USAddress/CityNm | 0 | MEMPHIS |
| IRS990/USAddress/StateAbbreviationCd | 0 | TN |
| IRS990/USAddress/ZIPCd | 0 | 38125 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 5 |
| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| IRS990/WrittenPolicyOrProcedureInd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | justin a buck |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | chief executive officer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9013332776 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-27 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RAF INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RAFI |
| ReturnHeader/Filer/EIN | 0 | 203643982 |
| ReturnHeader/Filer/PhoneNum | 0 | 9013332776 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 8347 WEST RANGE COVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 38125 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 46618B6AFA3444F7D06991CE989523876EF7579C |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | A8A316608E8BA7D201784D7E624A448247E19BBB |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId | 0 | 62481920173240328e01 |
| ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt | 0 | 2017-11-20 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 4.16.119.113 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-11-27 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 16:47:41 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560747981 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIXON HUGHES GOODMAN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 999 S SHADY GROVE RD STE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MEMPHIS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 38120 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9017613000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-27 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Amy M Doolin |
| ReturnHeader/ReturnTs | 0 | 2017-11-28T13:21:28-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-06-30 |
| ReturnHeader/TaxYr | 0 | 2016 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.