Civic Intelligence

The Rich and Alison Rao Family Foundation

EIN 92-0307072 • 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

43rd percentile

0.00x

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

$500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.00x

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

$500k-$1M nonprofits • Source year 2024

Net Margin

96th percentile

83%

Higher net margin than 96% of similar nonprofits.

$500k-$1M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

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

$500k-$1M nonprofits • Source year 2024

Asset Growth

87th percentile

35%

Faster asset growth than 87% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

16th percentile

-22%

Faster revenue growth than 16% of similar nonprofits.

$500k-$1M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets43rd percentile

Assets

Up

$990,585

Up $449,487 (+83%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$990,585

Up $449,487 (+83%) from 2022

Operations
Liabilities / Revenue44th percentileNet Margin96th percentile

Revenue

Down

$328,470

Down $212,628 (-39%) from 2022

Expenses

Up

$55,482

Up $55,482 from 2022

Net Income

Down

$272,988

Down $268,110 (-50%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth87th percentile

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

$1.0M$500K$0Assets 2022: $541,098Liabilities 2022: $0Net Assets 2022: $541,0982022Assets 2024: $990,585Liabilities 2024: $0Net Assets 2024: $990,5852024

Highlighted filing

2024

Assets$990,585
Liabilities$0
Net Assets$990,585
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

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

$600K$400K$200K$0Revenue 2022: $541,098Expenses 2022: $0Net Income 2022: $541,0982022Revenue 2024: $328,470Expenses 2024: $55,482Net Income 2024: $272,9882024

Highlighted filing

2024

Revenue$328,470
Expenses$55,482
Net Income$272,988
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$990,585
Liabilities
$0
Net assets
$990,585
Revenue
$328,470
Expenses
$55,482
Net income
$272,988
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.91$0.00$9.91$3.28$0.55$2.73
2022Detailed filing. Detailed filing data is available for this year.$5.41$0.00$5.41$5.41$0.00$5.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 7, 2025
Return Version
2024v5.2
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alison RaoDir, Pres-$0--
Richard J RaoDir, Sec, Treas-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid GrantCHEMISTRY RXExpenditure Responsibility GrantNCFOLCROFT, PA, US$35,000
Paid GrantTHE KINGS ACADEMYThe Knights Annual FundPCSUNNYVALE, CA, US$3,000
Filing and Contact Details

Filer

Filer Name
The Rich and Alison Rao Family Foundation
EIN
92-0307072
In Care Of
% Foundation Source
Phone
8008391754
Address
Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377

Signing Officer

Name
Alison Rao
Title
President
Phone
8008391754
Signed
2025-10-07
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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ExpenditureResponsibilityStmt/ExpenditureResponsibilityGrp/PurposeOfGrantTxt0increase access to the drug "quinacrine" for patients diagnosed with acute autoimmune disease
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