Civic Intelligence

Resource Area for Teaching

990 • Fiscal year 2023 • EIN 77-0365627

Jul 01, 2022 to Jun 30, 2023

Organization ProfileWWW.RAFT.NET
San Jose, CA
Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

Higher debt load relative to assets than 22% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

41st percentile

0.18x

Higher debt load relative to revenue than 41% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2023

Asset Growth

13th percentile

-5.9%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

18th percentile

-18%

Faster revenue growth than 18% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets22nd percentile

Assets

Down

$15,667,840

Down $989,814 (-5.9%) from 2022

Net Assets

Down

$15,222,330

Down $1,000,579 (-6.2%) from 2022

Liabilities

Up

$445,510

Up $10,765 (+2.5%) from 2022

Revenue And Expenses
Liabilities / Revenue41st percentileNet Margin7th percentile

Revenue

Down

$2,493,138

Down $532,266 (-18%) from 2022

Expenses

Up

$3,616,946

Up $249,725 (+7.4%) from 2022

Net Income

Down

-$1,123,808

Down $781,991 (-229%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $15,319,875Liabilities 2011: $231,712Net Assets 2011: $15,088,1632011Assets 2012: $15,216,219Liabilities 2012: $231,728Net Assets 2012: $14,984,4912012Assets 2013: $15,321,497Liabilities 2013: $238,632Net Assets 2013: $15,082,8652013Assets 2014: $14,651,449Liabilities 2014: $281,570Net Assets 2014: $14,369,8792014Assets 2015: $13,764,292Liabilities 2015: $256,175Net Assets 2015: $13,508,1172015Assets 2016: $12,875,731Liabilities 2016: $268,204Net Assets 2016: $12,607,5272016Assets 2017: $12,020,022Liabilities 2017: $173,315Net Assets 2017: $11,846,7072017Assets 2018: $10,910,556Liabilities 2018: $111,456Net Assets 2018: $10,799,1002018Assets 2019: $10,332,272Liabilities 2019: $117,574Net Assets 2019: $10,214,6982019Assets 2020: $17,783,366Liabilities 2020: $667,890Net Assets 2020: $17,115,4762020Assets 2021: $18,680,172Liabilities 2021: $780,660Net Assets 2021: $17,899,5122021Assets 2022: $16,657,654Liabilities 2022: $434,745Net Assets 2022: $16,222,9092022Assets 2023: $15,667,840Liabilities 2023: $445,510Net Assets 2023: $15,222,3302023

Highlighted filing

2023

Assets$15,667,840
Liabilities$445,510
Net Assets$15,222,330
Open 2023 Filing

Operations Trend

Revenue Growth18th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $2,801,980Expenses 2011: $3,047,143Net Income 2011: -$245,1632011Revenue 2012: $2,680,161Expenses 2012: $3,003,705Net Income 2012: -$323,5442012Revenue 2013: $3,241,238Expenses 2013: $3,225,244Net Income 2013: $15,9942013Revenue 2014: $3,084,798Expenses 2014: $3,603,494Net Income 2014: -$518,6962014Revenue 2015: $2,800,679Expenses 2015: $3,447,900Net Income 2015: -$647,2212015Revenue 2016: $2,218,500Expenses 2016: $3,148,842Net Income 2016: -$930,3422016Revenue 2017: $2,273,902Expenses 2017: $3,189,770Net Income 2017: -$915,8682017Revenue 2018: $1,710,052Expenses 2018: $2,578,802Net Income 2018: -$868,7502018Revenue 2019: $581,943Expenses 2019: $1,268,049Net Income 2019: -$686,1062019Revenue 2020: $9,477,572Expenses 2020: $2,973,795Net Income 2020: $6,503,7772020Revenue 2021: $2,108,943Expenses 2021: $3,154,601Net Income 2021: -$1,045,6582021Revenue 2022: $3,025,404Expenses 2022: $3,367,221Net Income 2022: -$341,8172022Revenue 2023: $2,493,138Expenses 2023: $3,616,946Net Income 2023: -$1,123,8082023

Highlighted filing

2023

Revenue$2,493,138
Expenses$3,616,946
Net Income-$1,123,808
Open 2023 Filing
Filing Detail Status

This 2023 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2024)
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Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Mission and Program Overview

Mission

Raft believes that every child deserves a powerful learning experience. Raft's mission is to help educators transform a child's learning experience through hands-on education to inspire the joy and discovery of learning.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$15,667,840
Liabilities
$445,510
Net assets
$15,222,330
Revenue
$2,493,138
Expenses
$3,616,946
Net income
-$1,123,808
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$15.7$0.45$15.2$2.49$3.62$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.7$0.43$16.2$3.03$3.37$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.7$0.78$17.9$2.11$3.15$1.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$0.67$17.1$9.48$2.97$6.50
2019Summary only. Only limited summary data is available for this year.$10.3$0.12$10.2$0.58$1.27$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.11$10.8$1.71$2.58$0.87
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.0$0.17$11.8$2.27$3.19$0.92
2016Summary only. Only limited summary data is available for this year.$12.9$0.27$12.6$2.22$3.15$0.93
2015Detailed filing. Detailed filing data is available for this year.$13.8$0.26$13.5$2.80$3.45$0.65
2014Detailed filing. Detailed filing data is available for this year.$14.7$0.28$14.4$3.08$3.60$0.52
2013Detailed filing. Detailed filing data is available for this year.$15.3$0.24$15.1$3.24$3.23$0.02
2012Summary only. Only limited summary data is available for this year.$15.2$0.23$15.0$2.68$3.00$0.32
2011Summary only. Only limited summary data is available for this year.$15.3$0.23$15.1$2.80$3.05$0.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • 501(c)3 • $10M-$25M nonprofits