Civic Intelligence

The Ramirez Family Foundation

EIN 83-4485254 • Wilmington, DE

Foundation Source 501 Silverside RdWilmington, DE 19809-1377
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2022

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2022

Net Margin

7th percentile

-243%

Higher net margin than 7% of similar nonprofits.

<$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-95%

Faster revenue growth than 7% of similar nonprofits.

<$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $22,192 (-100%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$0

Down $22,192 (-100%) from 2021

Operations
Liabilities / Revenue66th percentileNet Margin7th percentile

Revenue

Down

$9,142

Down $170,900 (-95%) from 2021

Expenses

Down

$31,334

Down $160,143 (-84%) from 2021

Net Income

Down

-$22,192

Down $10,757 (-94%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth12th percentile

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

$100K$50K$0Assets 2019: $81,591Liabilities 2019: $02019Assets 2020: $33,627Liabilities 2020: $1Net Assets 2020: $33,6272020Assets 2021: $22,192Liabilities 2021: $0Net Assets 2021: $22,1922021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2022

Assets$0
Liabilities$0
Net Assets$0
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

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

$300K$200K$100K$0-$100KRevenue 2019: $250,141Expenses 2019: $168,550Net Income 2019: $81,5912019Revenue 2020: $155,108Expenses 2020: $203,072Net Income 2020: -$47,9642020Revenue 2021: $180,042Expenses 2021: $191,477Net Income 2021: -$11,4352021Revenue 2022: $9,142Expenses 2022: $31,334Net Income 2022: -$22,1922022

Highlighted filing

2022

Revenue$9,142
Expenses$31,334
Net Income-$22,192
Open 2022 Filing

Filings

Most recent year

2022 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$9,142
Expenses
$31,334
Net income
-$22,192
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.09$0.31$0.22
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.80$1.91$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$1.55$2.03$0.48
2019Summary only. Only limited summary data is available for this year.$0.82$0.00$2.50$1.69$0.82
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2021 to Oct 31, 2022
Signed
Apr 27, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth R RamirezDir, Pres, Sec, Treas-$0--
Filing and Contact Details

Filer

Filer Name
The Ramirez Family Foundation
EIN
83-4485254
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Kenneth Ramirez
Title
President
Phone
8008391754
Signed
2023-04-27
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Source
Address
3333 New Hyde Park Rd Ste 406, New Hyde Park, NY 11042
Preparer
Jeffrey D Haskell
Phone
8008391754
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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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt020000
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LiquidationExplanationStmt/ExplanationTxt0The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending October 17, 2022, The Ramirez Family Foundation (the "Foundation") made distributions from assets from sources other than current income in complete liquidation. The Foundation filed the attached Certificate of Dissolution with the Secretary of State of Delaware on October 17, 2022. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0Administrative Fees
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1Bank Charges
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2State or Local Filing Fees
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OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt160
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2100
ReasonableCauseExplanation/ExplanationTxt0We respectfully request that The Ramirez Family Foundation's (the "Foundation") 2022 Form 990-PF be treated as timely filed and request that no late filing penalty be assessed because the filing delay was due to reasonable cause. Treasury Regulations Sec. 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its 2022 Form 990-PF. The Foundation's 2022 Form 990-PF is a final return and, therefore, had a different due date than it has had for previous years. As such, the filing of an extension was inadvertently missed due to an administrative error and at no fault of the Foundation. In fact, the foundation has never before filed its Form 990-PF late. As soon as the error was discovered by the administrator, the return was prepared for filing. The administrators have policies and procedures in place to ensure that this type of error will not occur in the future. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation and its administrator's actions were reasonable and in good faith. The delay in submitting the tax return was not in any way due to an intentional disregard of IRS rules and, therefore, penalties should not be assessed.
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Kenneth Ramirez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08008391754
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Ramirez Family Foundation
ReturnHeader/Filer/BusinessNameControlTxt0RAMI
ReturnHeader/Filer/EIN0834485254
ReturnHeader/Filer/InCareOfNm0% Foundation Source
ReturnHeader/Filer/PhoneNum08008391754
ReturnHeader/Filer/USAddress/AddressLine1Txt0Foundation Source 501 Silverside Rd
ReturnHeader/Filer/USAddress/CityNm0Wilmington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd0198091377
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03333 New Hyde Park Rd Ste 406
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New Hyde Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011042
ReturnHeader/PreparerPersonGrp/PhoneNum08008391754
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jeffrey D Haskell
ReturnHeader/ReturnTs02023-05-14T14:00:20-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Kenneth
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ramirez
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-10-17
ReturnHeader/TaxYr02022

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