Raleighs Place: FY2022 Nonprofit Profile & Form 990 (EIN 13-4290926)

Revenue by fiscal year
FY2020	$383K
FY2021	$445K
FY2022	$397K
FY2023	$405K
FY2024	$496K

Expenses by fiscal year
FY2020	$228K
FY2021	$387K
FY2022	$379K
FY2023	$360K
FY2024	$430K

Net assets by fiscal year
FY2020	$955K
FY2021	$1.0M
FY2022	$1.1M
FY2023	$1.1M
FY2024	$1.2M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

61 cents of each dollar spent went to programs.

61%

39%

Program services 61% · $232K Management & general 39% · $146K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Tim King

President

$0Pt VII · Sec A

See Raleighs Place executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides a loving, stable home for children healing from foster care trauma.

Questions for Raleighs Place

Tap to ask. Raleighs Place sees how many people are interested.

Your first name shows with your question. Raleighs Place answers here, for everyone.

2 programs · $232K · in their own filed words · FY2022

01

Camp 1

27- we were able to serve 154 campers over five weeks of summer camp in 2022. These campers came from all across the state and were able to hear the gospel while having the best week of their lives.

$118Kprogram expense

02

Katie's kloset- our thrift store ministry aids in providing direct support to foster children and families. We served 118 unique individuals with free clothing and other items.

$114Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record

Grants received · FY2024

United Way of Central Alabama INCFY2024$25K

The US Charitable Gift TrustFY2024$13K

Total grants receivedfrom 2 funders$38K

By the numbers

The FY2022 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$397K

Ln 12

Gifts and grantsLn 1h$396K

Investment incomeLn 3$703

Money outPt IX

$379K

Ln 25

Programscol B$232K

Managementcol C$146K

Owns and owesPt X

$1.1M

net assets · Ln 32

Cash and savingsLn 1–2$247K

Total assetsLn 16$1.1M

LiabilitiesLn 26$5K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a12

IndependentVI 1b12

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$396K

Investment incomeLn 3$703

Gains on assetsLn 7−$613

Total revenueLn 12$397K

Assets in detailPt X, end of year

CashLn 1$110K

SavingsLn 2$136K

Cash and savings togetherLn 1–2$247K

Land, buildings, equipmentLn 10c$835K

Other assetsLn 15$500

Total assetsLn 16$1.1M

LiabilitiesLn 26$5K

Net assetsLn 32$1.1M

OperationsPt I, VI

EmployeesI 513

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY22	End FY22
Cash and savingsLn 1–2	$247K	$247K
Land, buildings, equipmentLn 10c	$765K	$835K
Total assetsLn 16	$1.0M	$1.1M
LiabilitiesLn 26	$0	$5K
Net assetsLn 32	$1.0M	$1.1M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$135K		$135K
Payroll taxesLn 10	$11K		$11K
Legal feesLn 11b	$955	$955
Advertising and promotionLn 12	$10K	$10K
Office expensesLn 13	$426	$426
OccupancyLn 16	$48K	$48K
TravelLn 17	$6K	$6K
Conferences, conventions and meetingsLn 19	$877	$877
Depreciation, depletion and amortizationLn 22	$53K	$53K
InsuranceLn 23	$41K	$41K
Other expenses (24a–d)Ln 24	$59K	$59K
All other expensesLn 24e	$14K	$14K
Total functional expensesLn 25	$379K	$232K	$146K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 LatestFiled with the IRS Jul 31, 2025	$496K	$430K	$67K	$1.2M	990 PDF
FY2023Filed with the IRS Jul 24, 2024	$405K	$360K	$45K	$1.1M	990 PDF
FY2022 ViewingFiled with the IRS May 15, 2023	$397K	$379K	$18K	$1.1M	990 PDF
FY2021Filed with the IRS May 13, 2022	$445K	$387K	$57K	$1.0M	990 PDF
FY2020Filed with the IRS Jun 17, 2021	$383K	$228K	$156K	$955K	990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2022 990 (6 parts)

Part I · Summary $396,817 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $439,492$396,114

I-9 Program service revenue$0

I-10 Investment incomePrior year $5,025$703

I-11 Other revenue$0

I-12 Total revenuePrior year $444,517$396,817

I-13 Grants and similar amounts paid$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $159,566$146,105

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $227,519$232,452

I-18 Total expensesPrior year $387,085$378,557

I-19 Revenue less expensesPrior year $57,432$18,260

Part VI · Governance 12 of 12 board members independent, 4 to look at

VI-1a Voting members of the governing body12

VI-1b Independent voting members12

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

VI-2 Family or business relationship among officers or directorsNo

Part VIII · Statement of revenue $396,817 across 5 lines filed

VIII-1f All other contributions, gifts and grants$396,114

VIII-1h Total contributions, gifts and grants$396,114

VIII-3 Investment incomeRelated to mission $1,316$1,316

VIII-7 Net gain or loss on sales of assetsRelated to mission −$613−$613

VIII-12 Total revenueRelated to mission $703$396,817

Part IX · Statement of functional expenses $378,557 across 12 lines filed

IX-7 Other salaries and wagesManagement $135,138$135,138

IX-10 Payroll taxesManagement $10,967$10,967

IX-11b Legal feesPrograms $955$955

IX-12 Advertising and promotionPrograms $9,567$9,567

IX-13 Office expensesPrograms $426$426

IX-16 OccupancyPrograms $47,901$47,901

IX-17 TravelPrograms $5,877$5,877

IX-19 Conferences, conventions and meetingsPrograms $877$877

IX-22 Depreciation, depletion and amortizationPrograms $52,524$52,524

IX-23 InsurancePrograms $41,151$41,151

IX-24 Other expenses (24a–d)Programs $58,961$58,961

IX-24e All other expensesPrograms $14,213$14,213

IX-25 Total functional expensesPrograms $232,452 · Management $146,105 · Fundraising $0$378,557

Part X · Balance sheet $1,082,136 assets, 10 lines filed

X-1 Cash, non-interest-bearingStart of year $84,959$110,446

X-2 Savings and temporary cash investmentsStart of year $161,748$136,126

X-10c Land, buildings and equipment, netStart of year $765,272$835,064

X-15 Other assets$500

X-16 Total assetsStart of year $1,011,979$1,082,136

X-17 Accounts payable and accrued expenses$4,707

X-26 Total liabilitiesStart of year $0$4,707

X-27 Net assets without donor restrictionsStart of year $1,011,979$1,077,429

X-32 Total net assets or fund balancesStart of year $1,011,979$1,077,429

X-33 Total liabilities and net assetsStart of year $1,011,979$1,082,136

Part XI · Reconciliation of net assets $1,077,429 net assets at year end

XI-1 Total revenue$396,817

XI-2 Total expenses$378,557

XI-3 Revenue less expenses$18,260

XI-4 Net assets at start of year$1,011,979

XI-8 Prior period adjustments$47,190

XI-10 Net assets at end of year$1,077,429

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Raleighs Place FY2022 filing

Before you give