Liabilities / Assets
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
58th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 1.2% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Balance Sheet
Assets
Up$1
Up $1 from 2021
Net Assets
Up$0
Up $2,586 (+100%) from 2021
Liabilities
Down$0
Down $2,586 (-100%) from 2021
Revenue And Expenses
Revenue
Up$2,617
Up $2,617 from 2021
Expenses
Down$31
Down $3,355 (-99%) from 2021
Net Income
Up$2,586
Up $5,972 (+176%) from 2021
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2022 to Dec 31, 2022
- Signed
- Mar 2, 2023
- Return Version
- 2022v4.0
- Gross Receipts
- $2,617
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.
RAX Worldwide's primary exempt purpose is to fundraise enough monetary support or receive donations to support our mission is to engage in random acts of kindness all over the world. Our purpose is to reflect the positive change we want to see. RAX's vision is to collaborate with likeminded professionals and philanthropists who want to inspire positive change.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| ABC's of Blockchain is a program that was implemented American males and young adults in opportunity zones and throughout the United States who are in HBCU's along with those who are instutionalized. This program gives insight and knowledge into the future utility of these areas and why they are important for the future of technology and its integration with STEM. This can launch the nation into an even greater global leader. Through this program, the codirector Richard Slaughter, wrote the book Conversations in Crypto: A Guide and published it through Amazon. The book is available for purchase via Amazon in ebook and Paperback format. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Richard Slaughter | CEO | FT | $31 | - | $31 |
| Taryn Hills | Board Secretary | FT | $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
- 2023-03-02
Raw XML Appendix176 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.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | RAX Worldwide's primary exempt purpose is to fundraise enough monetary support or receive donations to support our mission is to engage in random acts of kindness all over the world. Our purpose is to reflect the positive change we want to see. RAX's vision is to collaborate with likeminded professionals and philanthropists who want to inspire positive change. |
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| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 300 |
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| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | RAX Worldwide qualifies as a publicly supported organization because it receives the majority of its funds from the public. However, due to Covid-19 and the reopening of the economy, and unforeseen restrictions due to individual occupant capacity, businesses and new implementations and just overall scheduling, our nonprofit was unable to acquire the funding necessary to carry out the activities projected and had to re-evaluate programs and services for future success. |
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| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Taryn Hills |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Board Secretary |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-03-02 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RAX WORLDWIDE |
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| ReturnHeader/Filer/EIN | 0 | 460894713 |
| ReturnHeader/Filer/PhoneNum | 0 | 2259160872 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | Baton Rouge |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | LA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 70802 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2023-03-02T13:32:39-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2022-12-31 |
| ReturnHeader/TaxYr | 0 | 2022 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $2,617
- Expenses
- $31
- Net income
- $2,586