Civic Intelligence

Rax Worldwide

990EZ • Fiscal year 2020 • EIN 46-0894713

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 19, 2021

1339 North BoulevardBaton Rouge, LA 70802

(225) 916-0872

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

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

Liabilities / Revenue

55th percentile

0.00x

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

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

Net Margin

61st percentile

13%

Higher net margin than 61% of similar nonprofits.

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

Top Officer Pay

77th percentile

$2,400

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 51.8% of source-year revenue.

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

Asset Growth

95th percentile

267%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

98th percentile

401%

Faster revenue growth than 98% of similar nonprofits.

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

Assets

Up

$800

Up $582 (+267%) from 2019

Net Assets

Up

$800

Up $582 (+267%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$4,635

Up $3,710 (+401%) from 2019

Expenses

Up

$4,053

Up $3,343 (+471%) from 2019

Net Income

Up

$582

Up $367 (+171%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0K$2.0K$0-$2.0K-$4.0KAssets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $1Liabilities 2014: $02014Assets 2015: $1Liabilities 2015: $02015Assets 2016: $1,912Liabilities 2016: $02016Assets 2017: $223Liabilities 2017: $0Net Assets 2017: $2232017Assets 2018: $3Liabilities 2018: $0Net Assets 2018: $32018Assets 2019: $218Liabilities 2019: $0Net Assets 2019: $2182019Assets 2020: $800Liabilities 2020: $0Net Assets 2020: $8002020Assets 2021: $0Liabilities 2021: $2,586Net Assets 2021: -$2,5862021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2020

Assets$800
Liabilities$0
Net Assets$800

Operations Trend

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

$5.0K$0-$5.0KRevenue 2012: -$200Expenses 2012: $0Net Income 2012: -$2002012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $4,820Expenses 2016: $2,908Net Income 2016: $1,9122016Revenue 2017: $1,480Expenses 2017: $3,144Net Income 2017: -$1,6642017Revenue 2018: $707Expenses 2018: $927Net Income 2018: -$2202018Revenue 2019: $925Expenses 2019: $710Net Income 2019: $2152019Revenue 2020: $4,635Expenses 2020: $4,053Net Income 2020: $5822020Revenue 2021: $0Expenses 2021: $3,386Net Income 2021: -$3,3862021Revenue 2022: $2,617Expenses 2022: $31Net Income 2022: $2,5862022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023

Highlighted filing

2020

Revenue$4,635
Expenses$4,053
Net Income$582
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 19, 2021
Return Version
2020v4.0
Gross Receipts
$4,635
Mission and Program Overview

Mission

RAX Worldwide's primary exempt purpose is to fundraise enough monetary support or receive donations to sponsor expungement events, community clean-ups, giveaways, contribute to job creation, community development, fundraisers, special events, budget building, expansion and to incorporate programs as part of our effort such as Trash is Treasure, Disaster Relief/Relocator, Refining Generations - Etiquette Classes, and Expansion League. RAX is also seeking and challenging others in an effort to pay off Sallie Mae (Student Loan Debt) and to offer grants, scholarships and fellowships to students and those seeking higher education and learning.

Program Services

DescriptionGrantsExpenses
Expansion League, a RAX Worldwide program, believes in rewarding the positive efforts of children. In an effort to give children something to smile about and change the atmosphere during the pandemic, Expansion League contributed $800 to assisting the founder and his family open up a snoball shop whereby his children, also being homeschooled the whole year by their mom, could learn about the importance of entrepreneurship while also learning about money-management, operating a business and serving the community. Through this program, the young ladies were all able to incorporate and become part of a business venture that will also donate to RAX Worldwide in the future for the opportunity to create something that could bring a few smiles on a hot day.$0$800
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard SlaughterCEOFT$2,400-$2,400
Taryn HillsBoard SecretaryFT$1,000-$1,000
Brandi HillsBoard TreasurerPT$0--
Everrett Parker IIBoard Co-ChairPT$0--
Filing and Contact Details

Filer

Filer Name
Rax Worldwide
EIN
46-0894713
Phone
2259160872
Address
1339 North Boulevard, Baton Rouge, LA 70802

Signing Officer

Name
Taryn Hills
Title
Board Secretary
Phone
2255026164
Signed
2021-08-19
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Firefighter Fund: $25, Business and Executive Expenses: Gas: $628

Raw XML Appendix193 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/PrimaryExemptPurposeTxt0RAX Worldwide's primary exempt purpose is to fundraise enough monetary support or receive donations to sponsor expungement events, community clean-ups, giveaways, contribute to job creation, community development, fundraisers, special events, budget building, expansion and to incorporate programs as part of our effort such as Trash is Treasure, Disaster Relief/Relocator, Refining Generations - Etiquette Classes, and Expansion League. RAX is also seeking and challenging others in an effort to pay off Sallie Mae (Student Loan Debt) and to offer grants, scholarships and fellowships to students and those seeking higher education and learning.
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Expansion League, a RAX Worldwide program, believes in rewarding the positive efforts of children. In an effort to give children something to smile about and change the atmosphere during the pandemic, Expansion League contributed $800 to assisting the founder and his family open up a snoball shop whereby his children, also being homeschooled the whole year by their mom, could learn about the importance of entrepreneurship while also learning about money-management, operating a business and serving the community. Through this program, the young ladies were all able to incorporate and become part of a business venture that will also donate to RAX Worldwide in the future for the opportunity to create something that could bring a few smiles on a hot day.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Firefighter Fund: $25, Business and Executive Expenses: Gas: $628
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0The pandemic has caused us to file nonprofit taxes later than expected.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Taryn Hills
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Board Secretary
ReturnHeader/BusinessOfficerGrp/PhoneNum02255026164
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAX WORLDWIDE
ReturnHeader/Filer/BusinessNameControlTxt0RAXW
ReturnHeader/Filer/EIN0460894713
ReturnHeader/Filer/PhoneNum02259160872
ReturnHeader/Filer/USAddress/AddressLine1Txt01339 North Boulevard
ReturnHeader/Filer/USAddress/CityNm0Baton Rouge
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070802
ReturnHeader/ReturnTs02021-08-19T18:11:15-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings