Redneck Culinary Academy EIN 81-1594851 Form 990 (PDF) Claim this org

Redneck Culinary Academy

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Supports North Texas nonprofits with funding and volunteer help. For fiscal year 2024 it reported $-149K in revenue, $75K in expenses, and $710K in net assets.Pt I

Type
Public charity (501(c)(3)) · Community Development
Location
Wichita Falls, TX
Filings
5 on file (2020–2024)
Revenue
$-149KFY2024
Expenses
$75K
Net assets
$710K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-1594851 Public charity (501(c)(3)) Wichita Falls, TX
Form 990 (PDF)
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Size
<$100K
What they do
Supports North Texas nonprofits with funding and volunteer help.
Leadership
Dennis Bogart · Director
Money in and out
$-149K revenue, $75K expenses
Bottom line
40% program efficiency
Where the money goes · FY2024
Total revenue
$-149K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$710K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$224K
Where spending went · Part IX cols B–D
Program services $0.40 Management & general $0.60 Fundraising $0.00
Program efficiency
40%
of spending reaches programs▼ -2% vs prior filing year
Operating runway
35.2mo
months of highly liquid reserves at operating expense rate▲ +682% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$-149K
FY2024▼ -297%
Expenses
$75K
FY2024▼ -10%
Total assets
$710K
FY2024▼ -24%
Total liabilities
$0
FY2024
Total revenue
$-149K
Pt VIII · Ln 12
Total expenses
$75K
Pt IX · Ln 25
Net assets
$710K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$224K
Total assetsPt X · Ln 16$710K
Program-expense ratioPt IX · col B40%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRedneck Culinary Academy
EINHdr · item D81-1594851
Principal addressHdr · item CWichita Falls, TX
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S82)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer Elect
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Former Treasurer
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $30K of program spending, described in the organization's own filed words · FY2024.
01

The organization prepared and served meals for various local charitable organization fundraising events. The only cost to the charitable organizations served is a reimbursement of any direct food cost and related supplies not covered by redneck culinary academy advance donation solicitations.

$22Kprogram expense
02

The organization provided financial support for several charitable organizations through cash donations, with a specific emphasis on organizations serving children and youth. Any advance donation solicitations in excess of an event's expense is donated to the organization holding the event.

$8Kprogram expense

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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.40 Management & general $0.60 Fundraising $0.00
Program services40%$30K
Management & general60%$45K
Fundraising$54
Total functional expensesLn 25$75K

Balance Sheet

Part X · end of year
CashLn 1$220K
Total assetsLn 16$710K
Total liabilitiesLn 26$0
Total net assetsLn 32$710K
Months of cash on handcomputed35.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $220K · Operating expenses/yr $75K
35.2 months
Where the money goes
Program services
Program services $30K · Total expenses $75K
40%
Management & General
Management & general $45K · Total expenses $75K
60%
Fundraising
Fundraising $54 · Total expenses $75K
0.07%
Cost to raise $1
Fundraising expense (3-yr avg) $18 · Solicited contributions (3-yr avg) $23K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $24K · Total revenue $-149K
Government reliance
Government grants — · Total revenue $-149K
Earned-income share
Program service revenue $21K · Total revenue $-149K
Investment reliance
Investment income $-192K · Total revenue $-149K
Program self-sufficiency
Program service revenue $21K · Total expenses $75K
28%
Growth & trend
Revenue growth (YoY)
This year $-149K · Prior year $76K
-297%
Net-asset trend (YoY)
End of year $710K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $-149K · Expenses $75K
Liabilities-to-Assets
Total liabilities — · Total assets $710K
Net-asset ratio
Net assets $710K · Total assets $710K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $710K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dennis Bogart · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $75K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $75K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 40%
Overhead ratio 60%
Fundraising cost ratio 0.2%
Revenue growth -297%
Accounting fee ratio 3%

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.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$16
Grants paid · 1 grant · $8K · 2024–2024

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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)$-149K revenue · viewing · ⤓ 990 PDF
FY2023$76K revenue · ⤓ 990 PDF
FY2022$104K revenue · ⤓ 990 PDF
FY2021$573K revenue · ⤓ 990 PDF
FY2020$448K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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