Form 990, Part VI, Line 11B Review of form 990 by governing body
“the 990 is reviewed by the ceo and key accounting personnel.”
Scores are not available for this record yet.
Assets
Up$10,933,807
Up $1,456,908 (+15%) from 2024
Net Assets
Up$10,555,868
Up $1,513,298 (+17%) from 2024
Liabilities
Down$377,939
Down $56,390 (-13%) from 2024
Revenue
Up$3,202,801
Up $371,645 (+13%) from 2024
Expenses
Down$1,698,159
Down $517,346 (-23%) from 2024
Net Income
Up$1,504,642
Up $888,991 (+144%) from 2024
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.
Raf provides liability protection and helps to fund health and safety education for nonprofit organizations.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $4,090,023 | $4,112,336 | ▲ $22,313 |
| Savings and Temporary Cash Investments | $233,008 | $2,179,680 | ▲ $1,946,672 |
| Land, Buildings, and Equipment, Net | $1,778,003 | $1,694,079 | ▼ $83,924 |
| Investments Program Related | $271,098 | $271,098 | → $0 |
| Accounts Receivable | $11,649 | $79,855 | ▲ $68,206 |
| Other Notes and Loans Receivable, Net | $5,875 | $63,600 | ▲ $57,725 |
| Prepaid Expenses and Deferred Charges | - | $6,300 | - |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | - | - |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Total Assets | $9,476,899 | $10,933,807 | ▲ $1,456,908 |
| Other Assets Total | $3,087,243 | $2,526,859 | ▼ $560,384 |
| Liabilities | |||
| Other Liabilities | $418,532 | $247,715 | ▼ $170,817 |
| Accounts Payable and Accrued Expenses | $15,797 | $127,801 | ▲ $112,004 |
| Deferred Revenue | - | $2,423 | - |
| Total Liabilities | $434,329 | $377,939 | ▼ $56,390 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $9,042,570 | $10,555,868 | ▲ $1,513,298 |
| Total Net Assets Fund Balance | $9,042,570 | $10,555,868 | ▲ $1,513,298 |
| Total Liabilities and Net Assets / Fund Balance | $9,476,899 | $10,933,807 | ▲ $1,456,908 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,651,855 | $826,145 | $2,478,000 |
| Equipment | $42,224 | $53,580 | $95,804 |
| Other Assets Org | $409,219 | - | - |
| Name | Title |
|---|---|
| John M Silberstein | President |
| Thomas a Uebler | Vice President |
| Mark a Robertson | Director |
| Michael Mcmillan | Director |
| Thomas J Olsen | Director |
| Justin a Buck | CEO/secretary/treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Oak Service Corporation | Staffing Services | 8347 West Range Cove, Memphis, TN 38125 | $856,759 |
| Line Item | Amount |
|---|---|
| Other Expenses | $1,604,159 |
| Grants and Similar Amounts Paid | $94,000 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Insurance | - | - | - | $378,800 |
| Fees for Services Other | - | - | - | $278,273 |
| Grants to Domestic Orgs | - | - | - | $94,000 |
| Fees for Services Accounting | - | - | - | $12,190 |
| Other Expenses | - | - | - | $5,213 |
| Office Expenses | - | - | - | $4,785 |
| Fees for Services Legal | - | - | - | $4,242 |
| Total Functional Expenses | $0 | $0 | $0 | $1,698,159 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,891,176 |
| Expenses per Audited Statements | $1,698,159 |
| Total Expenses per Form 990 | $1,698,159 |
| Expenses Not Reported on Form 990 | $193,017 |
| Expenses Not Reported on Financial Statements | $0 |
| Other Expense Adjustments | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| PIKE University | Memphis, TN | 501(c)(3) | Health and Safety Education Grant | $94,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Liability | Amount |
|---|---|
| Deposits | $187,117 |
| Federal Income Taxes | $46,268 |
| Estimated Claims Payable | $14,330 |
| Premiums Payable | - |
“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 two 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.”
“Contracted Services - Total Expense: 246000, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Insurance Programs and Inspection Fees - Total Expense: 32273, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”
“JRFCO Income - -49999; Rounding Adjustment - 2; Total - -49997;”
“raf, inc. has determined that it does not have any material uncertain tax positions as of June 30, 2025.”
“Rental Expenses - 193017”
“JRFCO Income - 49999”
“Rental Expenses - 193017”
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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| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 79855 |
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| IRS990/ActivityOrMissionDesc | 0 | RAF PROVIDES LIABILITY PROTECTION AND HELPS TO FUND HEALTH AND SAFETY EDUCATION FOR NONPROFIT ORGANIZATIONS. |
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| IRS990/MissionDesc | 0 | 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. |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | white horse line of credit |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | WRI loan |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | funds held by property managers |
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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, 2025. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Rental Expenses - 193017 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | JRFCO Income - 49999 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | Rental Expenses - 193017 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 |
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| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(c)(3) |
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| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | UNRELATED ORGANIZATION: OAK SERVICE CORPORATION COMPENSATION: PERSON RECEIVING COMPENSATION: JUSTIN A. BUCK SALARY: $74,198 NON TAXABLE BENEFITS: $3,782 |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Schedule J, Part III SCHEDULE J, PART III - FORM 990, PART VII, SECTION A, LINE 5 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | the 990 is reviewed by the ceo and key accounting personnel. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | the conflict of interest policy is reviewed and revisited during each election cycle. (every two years). There is an on-going discussion and education regarding conflict of interest issues. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | the organization's governing documents, financial statements and conflict of interest policy are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Contracted Services - Total Expense: 246000, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Insurance Programs and Inspection Fees - Total Expense: 32273, Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | JRFCO Income - -49999; Rounding Adjustment - 2; Total - -49997; |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b Review of form 990 by governing body |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c Conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 19 Required documents available to the public |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part IX, Line 11g Other Fees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part XI, Line 9 Other changes in net assets or fund balances |
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| IRS990/WhistleblowerPolicyInd | 0 | true |
| IRS990/WrittenPolicyOrProcedureInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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Displayed year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.