Rock Foundation INC FY2020 filing

Tax-deductible

Colorado Spgs, CO501(c)(3)EIN 45-4030383Revenue $273K in FY2020

On file with the IRSrockfoundationcambodia.org7633 Tabernash Dr, 80923-5476 · Colorado Spgs, COTax-exempt since Mar 2012Publicly supported charity — 170(b)(1)(A)(vi)

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Completed 385 water wells in 2021 in areas lacking clean waterFacilitated the importation of $6 million of medical supplies in 18 seagoing cargo containers.Distributed 95,000 pounds of rice in 2021.

501(c)(3) charity; gifts are tax-deductible.
62¢ of each $1 spent went to programs.
$61K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $24K a year · 7% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$61K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$273K
Spent
$282K
To programs
62%
Net assets
$98K
By yearFY2020–FY2024
Revenue
$273K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$273K
FY2021$272K
FY2022$294K
FY2023$396K
FY2024$510K
Expenses
$282K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$282K
FY2021$268K
FY2022$365K
FY2023$359K
FY2024$351K
Net assets
$98K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$98K
FY2021$102K
FY2022$26K
FY2023$62K
FY2024$221K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2012.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $176K Management & general 38% · $106K

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

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Who runs it and what they're paid

7 people listed on the 990; $61K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$61,000Pt VII · Sec A
Secretary Treasurer Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2021FY2020
Brett Medlin$30,000$30,000$65,399$61,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides clean water, medical supplies, and food to communities in need.

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3 programs · $176K · in their own filed words · FY2020
01

Completed 83 new wells in 2020, bringing the total since inception to over 300. This program provides clean water to Cambodian citizens and reduces diseases related to contaminated water.

$132Kprogram expense
02

Provides medical care to the needy by physicians, transportation of seagoing medical containers from the US to Cambodia in partnership with a US company which resulted in the shipment and distribution of medical supplies valued at approximately $4 000,000 dollars.

$35Kprogram expense
03

Planting and harvesting mango trees to feed the hungry and provide jobs for Cambodian citizens.

$9Kprogram 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
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$273K
Ln 12
Gifts and grantsLn 1h$273K
Investment incomeLn 3$11
Money outPt IX
$282K
Ln 25
Programscol B$176K
Managementcol C$106K
Owns and owesPt X
$98K
net assets · Ln 32
Cash and savingsLn 1–2$96K
Total assetsLn 16$98K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$273K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$11
Total revenueLn 12$273K
Assets in detailPt X, end of year
CashLn 1$96K
SavingsLn 2$0
Cash and savings togetherLn 1–2$96K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15$0
Total assetsLn 16$98K
LiabilitiesLn 26$0
Net assetsLn 32$98K
OperationsPt I, VI
EmployeesI 52
VolunteersI 610
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
LineStart FY20End FY20
Cash and savingsLn 1–2$40K$96K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$67K$2K
Total assetsLn 16$108K$98K
LiabilitiesLn 26$0$0
Net assetsLn 32$108K$98K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$61K$0$61K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$27K$27K$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$0$0$0$0
Payroll taxesLn 10$0$0$0$0
Advertising and promotionLn 12$0$0$0$0
Office expensesLn 13$12K$0$12K$0
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$0$0$0$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$65K$65K$0$0
InsuranceLn 23$0$0$0$0
Other expenses (24a–d)Ln 24$81K$63K$18K$0
All other expensesLn 24e$35K$20K$15K$0
Total functional expensesLn 25$282K$176K$106K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $510K$351K$159K$221K 990 PDF
FY2023 $396K$359K$37K$62K 990 PDF
FY2022 $294K$365K−$70K$26K 990 PDF
FY2021 $272K$268K$4K$102K 990 PDF
FY2020 Viewing $273K$282K−$9K$98K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $272,695 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $101,174$272,684
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$11
I-11 Other revenuePrior year $2$0
I-12 Total revenuePrior year $101,176$272,695
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $61,115$88,342
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $47,933$193,621
I-18 Total expensesPrior year $109,048$281,963
I-19 Revenue less expensesPrior year −$7,872−$9,268
Part VI · Governance 5 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
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 payYes
Part VIII · Statement of revenue $272,695 across 13 lines filed
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$272,684
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$272,684
VIII-3 Investment incomeRelated to mission $11 · Unrelated business $0 · Excluded from tax $0$11
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $11 · Unrelated business $0 · Excluded from tax $0$272,695
Part IX · Statement of functional expenses $281,963 across 20 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $61,000 · Fundraising $0$61,000
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $27,342 · Management $0 · Fundraising $0$27,342
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $0 · Fundraising $0$0
IX-10 Payroll taxesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $0 · Management $12,322 · Fundraising $0$12,322
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $0 · Management $0 · Fundraising $0$0
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $65,300 · Management $0 · Fundraising $0$65,300
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$0
IX-24 Other expenses (24a–d)Programs $63,385 · Management $18,000 · Fundraising $0$81,385
IX-24e All other expensesPrograms $20,019 · Management $14,595 · Fundraising $0$34,614
IX-25 Total functional expensesPrograms $176,046 · Management $105,917 · Fundraising $0$281,963
Part X · Balance sheet $98,306 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $40,404$96,436
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $67,170$1,870
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $107,574$98,306
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $107,574$98,306
X-33 Total liabilities and net assetsStart of year $107,574$98,306
Part XI · Reconciliation of net assets $98,306 net assets at year end
XI-1 Total revenue$272,695
XI-2 Total expenses$281,963
XI-3 Revenue less expenses−$9,268
XI-4 Net assets at start of year$107,574
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$98,306

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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