Raps Affiliate FY2020 filing

Not tax-deductible

Rockville, MD501(c)(6)Since 2016Community DevelopmentEIN 82-0721560

To promote the advancement of the regulatory affairs profession and the profession's role in the development, review, registration, and monitoring of health care products.

Mission: Form 990 Part I, line 1

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $127K a year · 16% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
23 mo
of spending, in cash
Looks good: 23.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 8 voting members
Looks good: 6 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$690K
Spent
$273K
To programs
0%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$690K
FY2020
Revenue by fiscal year
FY2020$690K
FY2021$759K
FY2022$736K
FY2023$816K
FY2024$856K
FY2025$1.1M
Expenses
$273K
FY2020
Expenses by fiscal year
FY2020$273K
FY2021$581K
FY2022$605K
FY2023$679K
FY2024$885K
FY2025$1.1M
Net assets
$1.6M
FY2020
Net assets by fiscal year
FY2020$1.6M
FY2021$1.8M
FY2022$719K
FY2023$856K
FY2024$828K
FY2025$1.4M

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 (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2017.

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

Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Interim Executive Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Raps Affiliate executive salaries →

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advance regulatory affairs professionals and their role in healthcare product development and oversight.

Provided by the organization

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1 program service, described in the organization's own filed words · FY2020.
01

To promote the advancement of the regulatory affairs profession and the profession's role in the development, review, registration, and monitoring of health care products; to identify a body of knowledge and skills necessary to the practice of the regulatory affairs profession at early career stages; to recognize individuals who have…

Pt IX · col B

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Funders

Who pays for it.

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

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$690K
Ln 12
Fees for servicesLn 2g$690K
Money outPt IX
$273K
Ln 25
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$532K
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$690K
Total revenueLn 12$690K
Assets in detailPt X, end of year
CashLn 1$532K
Cash and savings togetherLn 1–2$532K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$1.1M
Total assetsLn 16$1.6M
LiabilitiesLn 26$0
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$173K$532K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$457K$1.6M
LiabilitiesLn 26$0$0
Net assetsLn 32$457K$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$98K
Pension plan contributionsLn 8$4K
Other employee benefitsLn 9$5K
Payroll taxesLn 10$7K
Legal feesLn 11b$3K
Other fees for servicesLn 11g$127K
Advertising and promotionLn 12$19K
TravelLn 17$1K
Conferences, conventions and meetingsLn 19$5K
Other expenses (24a–d)Ln 24$4K
All other expensesLn 24e$0
Total functional expensesLn 25$273K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.1M−$70K$1.4M 990 PDF
FY2024 $856K$885K−$29K$828K 990 PDF
FY2023 $816K$679K$136K$856K 990 PDF
FY2022 $736K$605K$131K$719K 990 PDF
FY2021 $759K$581K$179K$1.8M 990 PDF
FY2020 Viewing $690K$273K$417K$1.6M 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 (4 parts)
Part VIII · Statement of revenue $690,153 across 3 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $690,153$690,153
VIII-12 Total revenueRelated to mission $690,153 · Unrelated business $0 · Excluded from tax $0$690,153
Part IX · Statement of functional expenses $273,388 across 11 lines filed
IX-7 Other salaries and wages$98,136
IX-8 Pension plan contributions$3,650
IX-9 Other employee benefits$5,034
IX-10 Payroll taxes$6,906
IX-11b Legal fees$2,767
IX-11g Other fees for services$127,179
IX-12 Advertising and promotion$19,070
IX-17 Travel$1,339
IX-19 Conferences, conventions and meetings$5,010
IX-24 Other expenses (24a–d)$4,297
IX-24e All other expenses$0
IX-25 Total functional expenses$273,388
Part X · Balance sheet $1,648,716 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $172,643$532,276
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $284,844$1,116,440
X-16 Total assetsStart of year $457,487$1,648,716
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $457,487$1,648,716
X-32 Total net assets or fund balancesStart of year $457,487$1,648,716
X-33 Total liabilities and net assetsStart of year $457,487$1,648,716
Part XI · Reconciliation of net assets $1,648,716 net assets at year end
XI-1 Total revenue$690,153
XI-2 Total expenses$273,388
XI-3 Revenue less expenses$416,765
XI-4 Net assets at start of year$457,487
XI-8 Prior period adjustments$774,464
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,648,716

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

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