Civic Intelligence

Rap Snacks Foundation Inc.

990EZ • Fiscal year 2023 • EIN 83-0781316

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

Organization ProfileTHERAPSNACKSFOUNDATION.ORG
1489 W Palmetto Park Rd Suite 300Boca Raton, FL 33486

(305) 498-1022

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

5th percentile

-80%

Faster asset growth than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

62nd percentile

16%

Faster revenue growth than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,942

Down $15,794 (-80%) from 2022

Net Assets

Down

$3,942

Down $15,794 (-80%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Up

$133,546

Up $18,395 (+16%) from 2022

Expenses

Up

$149,343

Up $25,975 (+21%) from 2022

Net Income

Down

-$15,797

Down $7,580 (-92%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$30K$20K$10K$0Assets 2021: $27,953Net Assets 2021: $27,9532021Assets 2022: $19,736Net Assets 2022: $19,7362022Assets 2023: $3,942Net Assets 2023: $3,9422023Assets 2024: $6,503Liabilities 2024: $0Net Assets 2024: $6,5032024

Highlighted filing

2023

Assets$3,942
Liabilities-
Net Assets$3,942
Open 2023 Filing

Operations Trend

Revenue Growth62nd percentile

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

$300K$200K$100K$0-$100KRevenue 2021: $177,754Expenses 2021: $141,859Net Income 2021: $35,8952021Revenue 2022: $115,151Expenses 2022: $123,368Net Income 2022: -$8,2172022Revenue 2023: $133,546Expenses 2023: $149,343Net Income 2023: -$15,7972023Revenue 2024: $204,037Expenses 2024: $201,475Net Income 2024: $2,5622024

Highlighted filing

2023

Revenue$133,546
Expenses$149,343
Net Income-$15,797
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$133,546
Mission and Program Overview

Mission

Teaching the spirit of entrepeneurship to inspire creative ways for young men and women and youth from under resourced communities to solve social problems

Program Services

DescriptionGrantsExpenses
BOSS UP INITIATIVE IS A REAL WORLD EXPERIENTIAL ENTREPENERUSHIP PROGRAM THAT TEACHES PARTICIPANTS HOW TO PLAN, START AND RUN PROFITABLE BUSINESSES BY OFFERING ONE ON ONE MENTORSHIPS AND GROUP LECTURES AND CLASSES.-$123,683
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
TIMOTHY GRIMESOfficerFT$0--
JAMES LINDSAYProgram DirePT$0--
GENEVIEVE CARVIL-HARRISOfficerPT$0--
SARAH PAIGEOfficerPT$0--
MICHELLE SPENCE JONESDirectorPT$0--
DR MICHAEL CASSONDirectorPT$0--
DR SAM WILLIAMSDirectorPT$0--
CLAUDE WHITFIELDDirectorPT$0--
DANIELLE P JETERDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Rap Snacks Foundation Inc
EIN
83-0781316
Phone
3054981022
Address
1489 W PALMETTO PARK RD SUITE 300, BOCA RATON, FL 33486

Signing Officer

Name
Timothy Grimes
Title
Officer
Phone
3054981022
Signed
2024-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Sheer & Company
Address
3350 SW 27 AVE STE 1602, MIAMI, FL 33133
Preparer
Emery B Sheer CPA
Phone
3054981022
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office expenses 960 contracted services 109,379 supplies 1,030 automobile expenses 368 awards & grants 1,000 bank charges 108 shipping & postage 476 sofware & apps 538 parking 284 total 114,143”

Form 990-ez, Part III

“Teaching the spirit of entrepeneurship to inspire creative ways for young men and women and youth from under resourced communities to solve social problems”

Raw XML Appendix152 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/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TIMOTHY GRIMES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DR MICHAEL CASSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6DR SAM WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7CLAUDE WHITFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8DANIELLE P JETER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PROGRAM DIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2OFFICER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0114143
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BOSS UP INITIATIVE IS A REAL WORLD EXPERIENTIAL ENTREPENERUSHIP PROGRAM THAT TEACHES PARTICIPANTS HOW TO PLAN, START AND RUN PROFITABLE BUSINESSES BY OFFERING ONE ON ONE MENTORSHIPS AND GROUP LECTURES AND CLASSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0123683
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0THERAPSNACKSFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0133546
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0115151
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0177754
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IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0426451
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 960 CONTRACTED SERVICES 109,379 SUPPLIES 1,030 AUTOMOBILE EXPENSES 368 AWARDS & GRANTS 1,000 BANK CHARGES 108 SHIPPING & POSTAGE 476 SOFWARE & APPS 538 PARKING 284 TOTAL 114,143
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TEACHING THE SPIRIT OF ENTREPENEURSHIP TO INSPIRE CREATIVE WAYS FOR YOUNG MEN AND WOMEN AND YOUTH FROM UNDER RESOURCED COMMUNITIES TO SOLVE SOCIAL PROBLEMS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum03054981022
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ReturnHeader/Filer/PhoneNum03054981022
ReturnHeader/Filer/USAddress/AddressLine1Txt01489 W PALMETTO PARK RD SUITE 300
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033133
ReturnHeader/PreparerPersonGrp/PhoneNum03054981022
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EMERY B SHEER CPA
ReturnHeader/ReturnTs02024-11-15T21:18:31-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,942
Liabilities
-
Net assets
$3,942
Revenue
$133,546
Expenses
$149,343
Net income
-$15,797
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$2.04$2.01$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.04$0.04$1.34$1.49$0.16
2022Detailed filing. Detailed filing data is available for this year.$0.20$0.20$1.15$1.23$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.28$1.78$1.42$0.36