Civic Intelligence

Rassawek Ventures Inc

EIN 82-1428967 • 501(c)3 • Rockville, VA

Profile

Our mission at rassawek ventures is to preserve traditiional skills and crafts to educate and inspire the future. Our goal is to bring awareness to craftmanship, arts, trades and more.

1851 Bennington RdRockville, VA 23146

rassawek.com/SPRING-JUBILEE/RASSAWEK-VENTU

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

93rd percentile

64%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

82nd percentile

30%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-21%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$368,689

Up $84,489 (+30%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$368,689

Up $84,489 (+30%) from 2023

Operations
Liabilities / Revenue35th percentileNet Margin93rd percentile

Revenue

Down

$131,639

Down $35,698 (-21%) from 2023

Expenses

Up

$47,150

Up $30,395 (+181%) from 2023

Net Income

Down

$84,489

Down $66,093 (-44%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth82nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2018: $51,047Liabilities 2018: $0Net Assets 2018: $51,0472018Assets 2019: $87,897Liabilities 2019: $0Net Assets 2019: $87,8972019Assets 2020: $82,860Liabilities 2020: $0Net Assets 2020: $82,8602020Assets 2021: $154,156Liabilities 2021: $0Net Assets 2021: $154,1562021Assets 2022: $133,618Liabilities 2022: $0Net Assets 2022: $133,6182022Assets 2023: $284,200Liabilities 2023: $0Net Assets 2023: $284,2002023Assets 2024: $368,689Liabilities 2024: $0Net Assets 2024: $368,6892024

Highlighted filing

2024

Assets$368,689
Liabilities$0
Net Assets$368,689
Open 2024 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2018: $20,897Expenses 2018: $4,364Net Income 2018: $16,5332018Revenue 2019: $50,533Expenses 2019: $13,683Net Income 2019: $36,8502019Revenue 2020: -$4,287Expenses 2020: $750Net Income 2020: -$5,0372020Revenue 2021: $86,196Expenses 2021: $14,900Net Income 2021: $71,2962021Revenue 2022: $3,950Expenses 2022: $24,488Net Income 2022: -$20,5382022Revenue 2023: $167,337Expenses 2023: $16,755Net Income 2023: $150,5822023Revenue 2024: $131,639Expenses 2024: $47,150Net Income 2024: $84,4892024

Highlighted filing

2024

Revenue$131,639
Expenses$47,150
Net Income$84,489
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$368,689
Liabilities
$0
Net assets
$368,689
Revenue
$131,639
Expenses
$47,150
Net income
$84,489
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$1.32$0.47$0.84
2023Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$1.67$0.17$1.51
2022Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.04$0.24$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.86$0.15$0.71
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.04$0.01$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.51$0.14$0.37
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.00$0.51$0.21$0.04$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$517,964
Mission and Program Overview

Mission

Our mission at rassawek ventures is to preserve traditiional skills and crafts to educate and inspire the future. Our goal is to bring awareness to craftmanship, arts, trades and more.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$284,200$368,689▲ $84,489
Cash and Non-Interest-Bearing Accounts$213,347$210,141▼ $3,206
Accounts Receivable$70,853$158,548▲ $87,695
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$284,200$368,689▲ $84,489
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$284,200$368,689▲ $84,489
Total Liabilities and Net Assets / Fund Balance$284,200$368,689▲ $84,489
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Jenny LiesfeldBoard Member
Joe Liesfeld JrBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$138,222
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-6,583
Change in Net Assets
$84,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$47,150
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$47,150--$47,150
Total Functional Expenses$47,150$0$0$47,150
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Goochland Fire and Rescue Company 4Goochland, VA-General Operating Support$16,000
Second Union RosenwaldGoochland, VA-General Operating Support$7,100
Goochland Educational Foundation IncorporatedGoochland, VA-Scholarship Support$6,250
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$386,325
Fundraising Gross Income$379,742
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Autumn Festival$340,740$269,518$128,811$140,707
Spring Jubilee$177,224$110,224$102,107$8,117
Total Events$517,964$379,742$386,325$-6,583
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
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
No
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 B, Line 11B

“The rassawek spring jubilee and autumn festival are non-profit events where we collaborate with the community of goochland and beyond to share our passion to keep trade skills alive by onsite build demonstrations, and educating the public with demonstrations from local artists and craftsmen. These events contribute to our local community by supporting local programs.”

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

“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy; b. Has read and understands the policy; c. Has agreed to comply with the policy; and d. Understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes. The policy is monitor during meeting of the board members.”

Form 990, Part VI, Section C, Line 19

“The organization will disclose all of the necessary documents to the public upon first request.”

Filing and Contact Details

Filer

Filer Name
Rassawek Ventures Inc
EIN
82-1428967
Phone
8043963098
Address
1851 BENNINGTON RD, ROCKVILLE, VA 23146

Signing Officer

Name
Jenny Liesfeld
Title
President
Phone
8043963098
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jenny Liesfeld
Formed
2018
Legal Domicile
Va
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
150

Preparer

Firm
Brown Edwards & Company Llp
Address
4951 LAKE BROOK DRIVE SUITE 375, GLEN ALLEN, VA 23060
Preparer
David W Reardon CPA
Phone
8042826000
Raw XML Appendix345 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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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd123063
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd223063
IRS990ScheduleI/Total501c3OrgCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RASSAWEK SPRING JUBILEE AND AUTUMN FESTIVAL ARE NON-PROFIT EVENTS WHERE WE COLLABORATE WITH THE COMMUNITY OF GOOCHLAND AND BEYOND TO SHARE OUR PASSION TO KEEP TRADE SKILLS ALIVE BY ONSITE BUILD DEMONSTRATIONS, AND EDUCATING THE PUBLIC WITH DEMONSTRATIONS FROM LOCAL ARTISTS AND CRAFTSMEN. THESE EVENTS CONTRIBUTE TO OUR LOCAL COMMUNITY BY SUPPORTING LOCAL PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; B. HAS READ AND UNDERSTANDS THE POLICY; C. HAS AGREED TO COMPLY WITH THE POLICY; AND D. UNDERSTANDS THE CORPORATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. THE POLICY IS MONITOR DURING MEETING OF THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL DISCLOSE ALL OF THE NECESSARY DOCUMENTS TO THE PUBLIC UPON FIRST REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/TotalAssetsBOYAmt0284200
IRS990/TotalAssetsEOYAmt0368689
IRS990/TotalAssetsGrp/BOYAmt0284200
IRS990/TotalAssetsGrp/EOYAmt0368689
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0138222
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt047150
IRS990/TotalFunctionalExpensesGrp/TotalAmt047150
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0284200
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0368689
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt047150
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-6583
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0131639
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0150
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0284200
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0368689
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01851 BENNINGTON ROAD
IRS990/USAddress/CityNm0ROCKVILLE
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd023146
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0HTTP://RASSAWEK.COM/SPRING-JUBILEE/RASSAWEK-VENTU
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY LIESFELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08043963098
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RASSAWEK VENTURES INC
ReturnHeader/Filer/BusinessNameControlTxt0RASS
ReturnHeader/Filer/EIN0821428967
ReturnHeader/Filer/PhoneNum08043963098
ReturnHeader/Filer/USAddress/AddressLine1Txt01851 BENNINGTON RD
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd023146
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0540504608
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BROWN EDWARDS & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04951 LAKE BROOK DRIVE SUITE 375
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLEN ALLEN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd023060
ReturnHeader/PreparerPersonGrp/PhoneNum08042826000
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W REARDON CPA
ReturnHeader/ReturnTs02025-11-17T15:31:04-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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