Civic Intelligence

Rave Foundation

990 • Fiscal year 2019 • EIN 46-3932075

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

159 S Jackson Street Suite 200Seattle, WA 98104

(206) 512-1268

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

98th percentile

$115,350

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

86th percentile

61%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-48%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$167,137

Up $63,173 (+61%) from 2018

Net Assets

Up

$167,137

Up $63,173 (+61%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$423,658

Down $391,854 (-48%) from 2018

Expenses

Down

$360,485

Down $403,180 (-53%) from 2018

Net Income

Up

$63,173

Up $11,326 (+22%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2014: $53,642Liabilities 2014: -$41,5952014Assets 2015: $5,322Liabilities 2015: $02015Assets 2016: $58,434Liabilities 2016: $0Net Assets 2016: $58,4342016Assets 2017: $52,117Liabilities 2017: $0Net Assets 2017: $52,1172017Assets 2018: $103,964Liabilities 2018: $0Net Assets 2018: $103,9642018Assets 2019: $167,137Liabilities 2019: $0Net Assets 2019: $167,1372019Assets 2020: $171,983Liabilities 2020: $0Net Assets 2020: $171,9832020Assets 2021: $574,075Liabilities 2021: $0Net Assets 2021: $574,0752021Assets 2022: $303,534Liabilities 2022: $0Net Assets 2022: $303,5342022Assets 2023: $825,064Liabilities 2023: $0Net Assets 2023: $825,0642023Assets 2024: $1,059,889Liabilities 2024: $0Net Assets 2024: $1,059,8892024

Highlighted filing

2019

Assets$167,137
Liabilities$0
Net Assets$167,137

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $113,441Expenses 2014: $108,498Net Income 2014: $4,9432014Revenue 2015: $96,875Expenses 2015: $106,100Net Income 2015: -$9,2252015Revenue 2016: $236,948Expenses 2016: $183,836Net Income 2016: $53,1122016Revenue 2017: $476,344Expenses 2017: $482,661Net Income 2017: -$6,3172017Revenue 2018: $815,512Expenses 2018: $763,665Net Income 2018: $51,8472018Revenue 2019: $423,658Expenses 2019: $360,485Net Income 2019: $63,1732019Revenue 2020: $1,524,743Expenses 2020: $1,519,897Net Income 2020: $4,8462020Revenue 2021: $1,049,128Expenses 2021: $647,036Net Income 2021: $402,0922021Revenue 2022: $1,260,364Expenses 2022: $1,530,905Net Income 2022: -$270,5412022Revenue 2023: $1,850,484Expenses 2023: $1,328,954Net Income 2023: $521,5302023Revenue 2024: $2,062,081Expenses 2024: $1,827,256Net Income 2024: $234,8252024

Highlighted filing

2019

Revenue$423,658
Expenses$360,485
Net Income$63,173
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$455,650
Mission and Program Overview

Mission

To build small fields for free play and invest in programs that use soccer as a vehicle to inspire youth and strengthen communities.

Rave foundation continued to develop tennis court sized soccer fields for free play including site planning and fund development, researched future field locations and continued programs that respond to community and student needs in underserved areas including science of soccer, sports media institute, one ball program, goals for art, and the rave attendance incentive program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,964$154,813▲ $50,849
Prepaid Expenses and Deferred Charges-$12,324-
Total Assets$103,964$167,137▲ $63,173
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$103,964$167,137▲ $63,173
Total Net Assets Fund Balance$103,964$167,137▲ $63,173
Total Liabilities and Net Assets / Fund Balance$103,964$167,137▲ $63,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ashley FosbergExecutive DirectorFT$108,150$7,200$115,350

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$455,650
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-31,992
All Other Contributions
$325,788
Change in Net Assets
$63,173

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Collectibles135$25,000Fair Market Value (FMV)
Other Non Cash Contri Table135$7,151Fair Market Value (FMV)
Total Noncash Contributions270$32,151-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,994
Salaries, Compensation, and Employee Benefits$131,011
Total Fundraising Expense$63,547
Grants and Similar Amounts Paid$21,480
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$49,898$22,628$40,616$113,142
Advertising$30,431$18,168$1,327$49,926
Office Expenses-$25,433$3,046$28,479
Grants to Domestic Orgs$21,480--$21,480
Fees for Services Other$1,750$7,127$10,000$18,877
Information Technology-$11,349-$11,349
Insurance-$9,550-$9,550
Payroll Taxes$3,690$1,587$2,659$7,936
Other Salaries and Wages$2,181$988$1,772$4,941
Travel$335$3,484-$3,819
Other Employee Benefits$1,486$715$1,374$3,575
Pension Plan Contributions$674$283$460$1,417
Other Expenses$80,101$694$400$1,094
Total Functional Expenses$192,026$104,912$63,547$360,485
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Positive Coaching AllianceMountain View, CA501(c)(3)Program Support$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$31,992
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rave Green Run$59,968-$12,405-
Strikes With Sounders$44,382-$7,390-
Total Events$129,862-$31,992$-31,992
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Fred mendoza (officer) is the father of maya mendoza-exstrom (officer).

Form 990, Part VI, Section B, Line 11B

The 990 is reviewed by the board prior to filing the return.

Form 990, Part VI, Section B, Line 12C

Each board member is required to sign the conflict of interest policy annually.

Form 990, Part VI, Section B, Line 15A

Executive director compensation is determined by review of the board.

Form 990, Part VI, Section C, Line 19

Our annual report and form 990 are available on our website. Bylaws and other governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Rave Foundation
EIN
46-3932075
Phone
2065121268
Address
159 S JACKSON STREET SUITE 200, SEATTLE, WA 98104

Signing Officer

Name
Maya Mendoza-exstrom
Title
Treasurer
Phone
2065121268
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ashley Fosberg
Formed
2013
Legal Domicile
Wa
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
50

Preparer

Firm
Bdo USA Llp
Address
601 UNION ST STE 2300, SEATTLE, WA 98101-2345
Preparer
Matthew R Matson
Phone
2063827777
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IRS990/ProgSrvcAccomActy2Grp/Desc0RAVE CAMPS AND CLINICS ARE SOCCER SKILLS TRAINING EXPERIENCES PROVIDED FOR FREE TO UNDERSERVED COMMUNITIES THROUGHOUT THE PUGET SOUND. CLINICS ARE TWO-HOUR SESSIONS PROGRAMMING IN THE SPRING AT LOCAL COMMUNITY CENTERS AND SCHOOLS, AND CAMPS ARE WEEK-LONG PROGRAMS HELD IN THE SUMMER AT VARIOUS PARKS AND REC LOCATIONS. RAVE CAMPS ARE COACHED BY SOUNDERS FC ACADEMY STAFF AND OTHER PARTNER PROGRAM PROVIDERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06869
IRS990/ProgSrvcAccomActy3Grp/Desc0ONE BALL PROGRAM HAS THE GOAL OF PROVIDING 100,000 SOCCER BALLS TO KIDS IN NEED.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt030525
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GOALS FOR ART, ADOPT-A-SCHOOL, SCIENCE OF SOCCER AND THE SPORTS MEDIA INSTITUTE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt036748
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0868854
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt09836
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0604344
IRS990/PYOtherRevenueAmt0-53342
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt051847
IRS990/PYSalariesCompEmpBnftPaidAmt0149485
IRS990/PYTotalExpensesAmt0763665
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0815512
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt063173
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0455650
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0868773
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0535739
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0241877
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt083000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02185039
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46330
IRS990ScheduleA/PublicSupportPY170Pct00.36290
IRS990ScheduleA/PublicSupportTotal170Amt01012412
IRS990ScheduleA/SubstantialContributorsTotAmt01172627
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0455650
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0868773
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0535739
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0241877
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt083000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02185039
IRS990ScheduleA/TotalSupportAmt02185039
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0129862
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt044382
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt059968
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt025512
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031992
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0850
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0850
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STRIKES WITH SOUNDERS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0RAVE GREEN RUN
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt044382
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt059968
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt025512
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0129862
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-31992
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0925
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02098
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03023
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0523
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020318
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07390
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt012405
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt05
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07801
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07801
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0POSITIVE COACHING ALLIANCE
IRS990ScheduleI/RecipientTable/RecipientEIN0770485946
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 N RENGSTORFF AVE NO 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MOUNTAIN VIEW
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094043
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/CollectiblesGrp/ContributionCnt0135
IRS990ScheduleM/CollectiblesGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/CollectiblesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CollectiblesGrp/NoncashContributionsRptF990Amt025000
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0135
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TICKETS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt07151
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FRED MENDOZA (OFFICER) IS THE FATHER OF MAYA MENDOZA-EXSTROM (OFFICER).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED BY REVIEW OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OUR ANNUAL REPORT AND FORM 990 ARE AVAILABLE ON OUR WEBSITE. BYLAWS AND OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0103964
IRS990/TotalAssetsEOYAmt0167137
IRS990/TotalAssetsGrp/BOYAmt0103964
IRS990/TotalAssetsGrp/EOYAmt0167137
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0455650
IRS990/TotalEmployeeCnt02

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