Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
The Randwood Foundation Corp
EIN 47-2219338 • 501(c)3 • Amherst, NY
Profile
To use collective knowledge in economic development, medicine, science and engineering to: create, implement, and fund sustainable solutions to common problems both domestically and abroad, and to promote, provide, and fund opportunities for intellectual advancement and increased welfare.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
52nd percentile
Higher net margin than 52% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
80th percentile
Faster asset growth than 80% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$19,153
Up $4,183 (+28%) from 2019
Liabilities
Flat$0
Flat from 2019
Net Assets
Up$19,153
Up $4,183 (+28%) from 2019
Revenue
Up$94,361
Up $61,816 (+190%) from 2019
Expenses
Up$92,067
Up $78,237 (+566%) from 2019
Net Income
Down$2,294
Down $16,421 (-88%) from 2019
Trend Graphs
Filings
Most recent year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $19,153
- Liabilities
- $0
- Net assets
- $19,153
- Revenue
- $94,361
- Expenses
- $92,067
- Net income
- $2,294
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Aug 1, 2019 to Jul 31, 2020
- Signed
- Dec 14, 2020
- Return Version
- 2019v5.0
- Gross Receipts
- $94,361
Mission and Program Overview
Mission
To use collective knowledge in economic development, medicine, science and engineering to: create, implement, and fund sustainable solutions to common problems both domestically and abroad, and to promote, provide, and fund opportunities for intellectual advancement and increased welfare.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| FUNDING AND ASSISTING COLLEGE OF MEDICINE AND HEALTH SCIENCES AT UNIVERSITY OF RWANDA. ONGOING EFFORTS TO SUPPORT UNIVERSITY NEEDS AND PROVIDE STUDENT ASSISTANCE THROUGH CONSTRUCTION PROJECTS AND SCHOLARSHIP OPPORTUNITIES. | $90,265 | $90,265 |
| FUNDING HOSPITAL OPERATING EXPENSES AND CONSTRUCTION OF HOUSING FOR ON-SITE NURSES IN UGANDA. FOUNDATION'S TEAM APPEALED TO LOCAL HEALTHCARE PROFESSIONALS AND HOSPITAL STAFF TO IDENTIFY PRIORITY ASSISTANCE ISSUES. ONGOING EFFORTS TARGET ASSISTANCE. AT 1/25/20, A DONATION OF A MICROSCOPE WAS RECEIVED TO BE DONATED TO A RWANDA HOSPITAL TO FURTHER THE PROGRESS OF A STROKE UNIT. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| LISA BENSON MD | Chairman | PT | $0 | - | - |
| LEE GUTERMAN PHD MD | Vice Preside | PT | $0 | - | - |
| EVE GUTERMAN MS | Secretary | PT | $0 | - | - |
| L BERYL GUTERMAN | Treasurer | PT | $0 | - | - |
| SIDNEY GUTERMAN | Board Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- The Randwood Foundation Corp
- EIN
- 47-2219338
- Phone
- 7168031507
- Address
- 660 LEBRUN RD, AMHERST, NY 14226
Signing Officer
- Name
- Lisa Benson Md
- Title
- Chairman
- Phone
- 7168031507
- Signed
- 2020-12-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- The Kane Firm CPA Pc
- Address
- 5225 SHERIDAN DR, WILLIAMSVILLE, NY 14221-3573
- Preparer
- Mark S Kane CPA
- Phone
- 7166337022
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“Cash contribution: 80,265 cash contribution: 10,000”
Form 990-ez, Part I, Line 16
“Expenses bank fees 347 total 347”
Form 990-ez, Part I, Line 20
“UNREALIZED GAINS 1,889”
Form 990-ez, Part III
“To use collective knowledge in economic development, medicine, science and engineering to: create, implement, and fund sustainable solutions to common problems both domestically and abroad, and to promote, provide, and fund opportunities for intellectual advancement and increased welfare.”
Form 990-ez, Part III, Line 29
“Funding hospital operating expenses and construction of housing for on-site nurses in uganda. Foundation's team appealed to local healthcare professionals and hospital staff to identify priority assistance issues. Ongoing efforts target assistance. At 1/25/20, a donation of a microscope was received to be donated to a rwanda hospital to further the progress of a stroke unit.”
Raw XML Appendix153 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/ExcessOrDeficitForYearAmt | 0 | 2294 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1455 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
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| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 90265 |
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| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 32 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 14970 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 19153 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | BOARD MEMBER |
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| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 1889 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 347 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FUNDING AND ASSISTING COLLEGE OF MEDICINE AND HEALTH SCIENCES AT UNIVERSITY OF RWANDA. ONGOING EFFORTS TO SUPPORT UNIVERSITY NEEDS AND PROVIDE STUDENT ASSISTANCE THROUGH CONSTRUCTION PROJECTS AND SCHOLARSHIP OPPORTUNITIES. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 90265 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 90265 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 92067 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 90265 |
| IRS990EZ/TotalRevenueAmt | 0 | 94361 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.RANDWOODFOUNDATION.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2009 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 4174 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 32 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 51 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 83 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 83 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 4174 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2009 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 5 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 1400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 4174 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 4257 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | CASH CONTRIBUTION: 80,265 CASH CONTRIBUTION: 10,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES BANK FEES 347 TOTAL 347 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNREALIZED GAINS 1,889 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO USE COLLECTIVE KNOWLEDGE IN ECONOMIC DEVELOPMENT, MEDICINE, SCIENCE AND ENGINEERING TO: CREATE, IMPLEMENT, AND FUND SUSTAINABLE SOLUTIONS TO COMMON PROBLEMS BOTH DOMESTICALLY AND ABROAD, AND TO PROMOTE, PROVIDE, AND FUND OPPORTUNITIES FOR INTELLECTUAL ADVANCEMENT AND INCREASED WELFARE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FUNDING HOSPITAL OPERATING EXPENSES AND CONSTRUCTION OF HOUSING FOR ON-SITE NURSES IN UGANDA. FOUNDATION'S TEAM APPEALED TO LOCAL HEALTHCARE PROFESSIONALS AND HOSPITAL STAFF TO IDENTIFY PRIORITY ASSISTANCE ISSUES. ONGOING EFFORTS TARGET ASSISTANCE. AT 1/25/20, A DONATION OF A MICROSCOPE WAS RECEIVED TO BE DONATED TO A RWANDA HOSPITAL TO FURTHER THE PROGRESS OF A STROKE UNIT. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 29 |
| ReturnHeader/BuildTS | 0 | 2021-04-22 16:20:28Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LISA BENSON MD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7168031507 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-12-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RAND |
| ReturnHeader/Filer/EIN | 0 | 472219338 |
| ReturnHeader/Filer/PhoneNum | 0 | 7168031507 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 660 LEBRUN RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AMHERST |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14226 |
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| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 72.43.207.90 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-12-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:16:01 |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 5225 SHERIDAN DR |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | WILLIAMSVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 142213573 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7166337022 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-12-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARK S KANE CPA |
| ReturnHeader/ReturnTs | 0 | 2020-12-15T15:16:01-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-08-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-07-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.