Raphael Realty INC FY2020 filing

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Owns property for Raphael Health Center. For fiscal year 2020 it reported $239K in revenue, $153K in expenses, and $-114K in net assets.Pt I

Type: Mutual-benefit / member-serving · Community Development
Location: Indianapolis, IN
Filings: 5 on file (2020–2020)

Revenue

$239KFY2020

Expenses

$153K

Net assets

$-114K

People

Filings

Updates

More identity details & actions ⌄

EIN 74-3093941 Mutual-benefit / member-serving Indianapolis, IN

Form 990 (PDF)

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

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Size

$100K–1M

What they do

Owns property for Raphael Health Center.

Leadership

Sherry Gray · President

Money in and out

$239K revenue, $153K expenses

Bottom line

+36% surplus margin

Reported financial activity · FY2020

Total revenue

$239K

Pt VIII · Ln 12

Total expenses

$153K

Pt IX · Ln 25

Net assets

$-114K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): $87K

Surplus margin

+36%

revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990

Revenue

$239K

FY2020

Expenses

$153K

FY2020

Total assets

$4.4M

FY2020

Total liabilities

$4.5M

FY2020

Total revenue

$239K

Pt VIII · Ln 12

Total expenses

$153K

Pt IX · Ln 25

Net assets

$-114K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19$87K

Total assetsPt X · Ln 16$4.4M

Program-expense ratioPt IX · col B—

Voting members of governing bodyPt I · Ln 36

Independent voting membersPt I · Ln 45

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2020.

To hold title to property for raphael health center.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CRaphael Realty INC

EINHdr · item D74-3093941

Principal addressHdr · item CIndianapolis, IN

WebsiteHdr · item Jnone reported

Year of formationHdr · item Lpending

State of legal domicileHdr · item MIN

Exempt statusHdr · item I501(c)(2) · active

NTEE classificationIRS BMFCommunity Development (S47)

Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a6

Independent voting membersPt VI · Ln 1b5

Conflict-of-interest policyPt VI · Ln 12aYes

Whistleblower policyPt VI · Ln 13Yes

Document retention policyPt VI · Ln 14Yes

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Sherry Gray

President

$0Pt VII · Sec A

Stanley Reed

Vice President

$0Pt VII · Sec A

Stephanie Caraway

Treasurer

$0Pt VII · Sec A

Pat Casanova

Secretary

$0Pt VII · Sec A

Julie Fidler

Committee Member-Term Began 03/20

$0Pt VII · Sec A

Sanford Garner

Committee Member

$0Pt VII · Sec A

Janell Gurney

Committee Member-Term Ended 01/20

$0Pt VII · Sec A

Tom Spradling

Treasurer-Term Ended 04/20

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Program service revenue100%$239K

Total revenueLn 12$239K

Balance Sheet

Part X · end of year

CashLn 1—

Total assetsLn 16$4.4M

Total liabilitiesLn 26$4.5M

Total net assetsLn 32$-114K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves — · Operating expenses/yr $153K

Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).

Where the money goes

Program services

Program services — · Total expenses $153K

—

Management & General

Management & general — · Total expenses $153K

—

Fundraising

Fundraising — · Total expenses $153K

—

Cost to raise $1

Fundraising expense — · Solicited contributions —

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $0 · Total revenue $239K

Government reliance

Government grants — · Total revenue $239K

—

Earned-income share

Program service revenue $239K · Total revenue $239K

100%

Investment reliance

Investment income $0 · Total revenue $239K

Program self-sufficiency

Program service revenue $239K · Total expenses $153K

157%

Growth & trend

Revenue growth (YoY)

This year $239K · Prior year —

No prior year on file

Net-asset trend (YoY)

End of year $-114K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $239K · Expenses $153K

+36%

Liabilities-to-Assets

Total liabilities — · Total assets $4.4M

—

Net-asset ratio

Net assets $-114K · Total assets $4.4M

-3%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $4.4M

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Sherry Gray · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $153K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $153K

—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown. Peer cohort: .

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2024 (Latest)$239K revenue · ⤓ 990 PDF

FY2023$239K revenue · ⤓ 990 PDF

FY2022$239K revenue · ⤓ 990 PDF

FY2021$239K revenue · ⤓ 990 PDF

FY2020$239K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2020IRS

Classification, formation year, addressIRS Business Master File

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