Civic Intelligence

Rye Foundation Inc.

990EZ • Fiscal year 2022 • EIN 56-2241298

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 01, 2023

Organization ProfileN/A
PO Box 25333Winstonsalem, NC 27114

(336) 760-2260

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.25x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.05x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Net Margin

54th percentile

7.1%

Higher net margin than 54% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Top Officer Pay

87th percentile

$16,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 20.2% of source-year revenue.

2022 filings • NTEE O • <$500k nonprofits • Source year 2022

Asset Growth

82nd percentile

64%

Faster asset growth than 82% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

34th percentile

-2.5%

Faster revenue growth than 34% of similar nonprofits.

2022 filings • NTEE O • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$14,307

Up $5,584 (+64%) from 2021

Net Assets

Up

$10,683

Up $5,584 (+110%) from 2021

Liabilities

Flat

$3,624

Flat from 2021

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin54th percentile

Revenue

Down

$79,187

Down $2,032 (-2.5%) from 2021

Expenses

Down

$73,604

Down $6,984 (-8.7%) from 2021

Net Income

Up

$5,583

Up $4,952 (+785%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

$15K$10K$5.0K$0Assets 2011: $4,378Liabilities 2011: $02011Assets 2012: $1,266Liabilities 2012: $02012Assets 2013: $7,119Liabilities 2013: $02013Assets 2014: $3,610Liabilities 2014: $02014Assets 2015: $6,650Liabilities 2015: $3,1542015Assets 2016: $3,286Liabilities 2016: $02016Assets 2017: $6,479Liabilities 2017: $2,718Net Assets 2017: $3,7612017Assets 2018: $4,075Liabilities 2018: $2,7182018Assets 2019: $3,219Liabilities 2019: $1,359Net Assets 2019: $1,8602019Assets 2020: $8,092Liabilities 2020: $3,624Net Assets 2020: $4,4682020Assets 2021: $8,723Liabilities 2021: $3,624Net Assets 2021: $5,0992021Assets 2022: $14,307Liabilities 2022: $3,624Net Assets 2022: $10,6832022Assets 2023: $10,555Liabilities 2023: $3,6242023Assets 2024: $11,724Net Assets 2024: $11,7242024

Highlighted filing

2022

Assets$14,307
Liabilities$3,624
Net Assets$10,683
Open 2022 Filing

Operations Trend

Revenue Growth34th percentile

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

$100K$50K$0-$50KRevenue 2011: $37,250Expenses 2011: $35,073Net Income 2011: $2,1772011Revenue 2012: $56,490Expenses 2012: $59,602Net Income 2012: -$3,1122012Revenue 2013: $99,321Expenses 2013: $93,468Net Income 2013: $5,8532013Revenue 2014: $85,850Expenses 2014: $89,359Net Income 2014: -$3,5092014Revenue 2015: $64,022Expenses 2015: $64,136Net Income 2015: -$1142015Revenue 2016: $38,130Expenses 2016: $38,340Net Income 2016: -$2102016Revenue 2017: $54,444Expenses 2017: $53,969Net Income 2017: $4752017Revenue 2018: $52,536Expenses 2018: $54,940Net Income 2018: -$2,4042018Revenue 2019: $45,376Expenses 2019: $44,873Net Income 2019: $5032019Revenue 2020: $43,868Expenses 2020: $41,260Net Income 2020: $2,6082020Revenue 2021: $81,219Expenses 2021: $80,588Net Income 2021: $6312021Revenue 2022: $79,187Expenses 2022: $73,604Net Income 2022: $5,5832022Revenue 2023: $62,704Expenses 2023: $66,455Net Income 2023: -$3,7512023Revenue 2024: $51,911Expenses 2024: $47,118Net Income 2024: $4,7932024

Highlighted filing

2022

Revenue$79,187
Expenses$73,604
Net Income$5,583
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 1, 2023
Return Version
2022v5.0
Gross Receipts
$79,187
Mission and Program Overview

Mission

The purpose of the rye foundation is to make a life-changing impact on children by providing charitable grants in the areas of religion, youth, and education.

Program Services

DescriptionGrantsExpenses
PROMOTING CHRISTIAN VALUES AND EDUCATION AMONG YOUTH$51,200$73,604
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN WARREN STEEN IIIPresidentFT$16,000-$16,000
PAMELA CASHBoard Member-$0--
CHRISTA H WARISEBoard Member-$0--
INGRAM HEDGPETHBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Rye Foundation Inc
EIN
56-2241298
Phone
3367602260
Address
PO BOX 25333, WINSTONSALEM, NC 27114

Signing Officer

Name
John Warren Steen Iii
Title
President
Phone
3367602260
Signed
2023-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Paul Cox & Todd Pllc
Address
110 OAKWOOD DRIVE SUITE 520, WINSTON SALEM, NC 27103
Preparer
David B Todd
Phone
3367941211
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: building hope address: 309 west 9th street greenville, nc 27836 cash contribution: 25,000 name: winston-salem street school address: 630 w 6th st. Winston-salem, nc 27101 cash contribution: 20,000”

Form 990-ez, Part I, Line 16

“Expenses telephone 1,337 insurance 631 propertytax 61 bank fee 56 total 2,085”

Form 990-ez, Part II, Line 26

“Payroll taxes withheld 3,624 3,624”

Form 990-ez, Part III

“The purpose of the rye foundation is to make a life-changing impact on children by providing charitable grants in the areas of religion, youth, and education.”

Raw XML Appendix145 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN WARREN STEEN III
IRS990EZ/BooksInCareOfDetail/PhoneNum03367602260
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 25333
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WINSTONSALEM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027114
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08724
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt014307
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt079187
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05583
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01038
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08724
IRS990EZ/Form990TotalAssetsGrp/EOYAmt014307
IRS990EZ/GrantsAndSimilarAmountsPaidAmt051200
IRS990EZ/GrossReceiptsAmt079187
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05100
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010683
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05100
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010683
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt016000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOHN WARREN STEEN III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAMELA CASH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CHRISTA H WARISE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3INGRAM HEDGPETH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02085
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE RYE FOUNDATION IS TO MAKE A LIFE-CHANGING IMPACT ON CHILDREN BY PROVIDING CHARITABLE GRANTS IN THE AREAS OF RELIGION, YOUTH, AND EDUCATION.
IRS990EZ/PrintingPublicationsPostageAmt0777
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTING CHRISTIAN VALUES AND EDUCATION AMONG YOUTH
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt051200
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt073604
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018504
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03624
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt03624
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt073604
IRS990EZ/TotalProgramServiceExpensesAmt073604
IRS990EZ/TotalRevenueAmt079187
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt081219
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043868
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt045376
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052536
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0302186
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.24880
IRS990ScheduleA/PublicSupportPY170Pct00.34870
IRS990ScheduleA/PublicSupportTotal170Amt075170
IRS990ScheduleA/SubstantialContributorsTotAmt0227016
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt081219
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043868
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt045376
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052536
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0302186
IRS990ScheduleA/TotalSupportAmt0302186
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: BUILDING HOPE ADDRESS: 309 WEST 9TH STREET GREENVILLE, NC 27836 CASH CONTRIBUTION: 25,000 NAME: WINSTON-SALEM STREET SCHOOL ADDRESS: 630 W 6TH ST. WINSTON-SALEM, NC 27101 CASH CONTRIBUTION: 20,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES TELEPHONE 1,337 INSURANCE 631 PROPERTYTAX 61 BANK FEE 56 TOTAL 2,085
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAXES WITHHELD 3,624 3,624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE RYE FOUNDATION IS TO MAKE A LIFE-CHANGING IMPACT ON CHILDREN BY PROVIDING CHARITABLE GRANTS IN THE AREAS OF RELIGION, YOUTH, AND EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN WARREN STEEN III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03367602260
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RYE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0RYEF
ReturnHeader/Filer/EIN0562241298
ReturnHeader/Filer/PhoneNum03367602260
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 25333
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027114
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562150385
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL COX & TODD PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 OAKWOOD DRIVE SUITE 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINSTON SALEM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027103
ReturnHeader/PreparerPersonGrp/PhoneNum03367941211
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID B TODD
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-13T11:31:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN WARREN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STEEN III
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.

Open filing
Assets
$14,307
Liabilities
$3,624
Net assets
$10,683
Revenue
$79,187
Expenses
$73,604
Net income
$5,583
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.7$11.7$51.9$47.1$4.79
2023Summary only. Only limited summary data is available for this year.$10.6$3.62$62.7$66.5$3.75
2022Detailed filing. Detailed filing data is available for this year.$14.3$3.62$10.7$79.2$73.6$5.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$3.62$5.10$81.2$80.6$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.09$3.62$4.47$43.9$41.3$2.61
2019Detailed filing. Detailed filing data is available for this year.$3.22$1.36$1.86$45.4$44.9$0.50
2018Summary only. Only limited summary data is available for this year.$4.08$2.72$52.5$54.9$2.40
2017Detailed filing. Detailed filing data is available for this year.$6.48$2.72$3.76$54.4$54.0$0.48
2016Summary only. Only limited summary data is available for this year.$3.29$0.00$38.1$38.3$0.21
2015Summary only. Only limited summary data is available for this year.$6.65$3.15$64.0$64.1$0.11
2014Summary only. Only limited summary data is available for this year.$3.61$0.00$85.9$89.4$3.51
2013Summary only. Only limited summary data is available for this year.$7.12$0.00$99.3$93.5$5.85
2012Summary only. Only limited summary data is available for this year.$1.27$0.00$56.5$59.6$3.11
2011Summary only. Only limited summary data is available for this year.$4.38$0.00$37.3$35.1$2.18