2araffles EIN 99-2642276

2araffles

EIN  99-2642276 Unknown exempt organization Sheridan, WY
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Size
$100K–1M
What they do
Educates the public on U.S. constitutional rights, especially Second Amendment protections.
Leadership
Walter Whatley · Treasurer
Money in and out
$202K revenue, $167K expenses
Bottom line
+17% surplus margin

Educates the public on U.S. constitutional rights, especially Second Amendment protections. For fiscal year 2024 it reported $202K in revenue, $167K in expenses, and $35K in net assets.Pt I

Reported financial activity · FY2024
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$167K
Pt IX · Ln 25
Net assets
$35K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $35K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.15
Surplus margin
+17%
revenue over expenses, this year
Program spending
85%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total revenue
$202K
Pt VIII · Ln 12
Total expenses
$167K
Pt IX · Ln 25
Net assets
$35K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$35K
Total assetsPt X · Ln 16$40K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

2 program services account for $141K of program spending, described in the organization's own filed words · FY2024.
01

2ARaffles completed sweepstakes for prizes related to 2nd Amendment advocacy. Payment was not required to enter the sweepstakes. Participants could make a voluntary contribution to the organization but the participants' chance to win remained the same whether or not a contribution was included.

$137Kprogram expense
02

The Organization created and distributed communications to educate the general public regarding constitutional rights.

$4Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item C2araffles
EINHdr · item D99-2642276
Principal addressHdr · item CSheridan, WY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
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
President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$202K
Total revenueLn 12$202K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$141K
Management & general15%$26K
Total functional expensesLn 25$167K

Balance Sheet

Part X · end of year
CashLn 1$40K
Total assetsLn 16$40K
Total liabilitiesLn 26$6K
Total net assetsLn 32$35K
Months of cash on handcomputed2.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $40K · Operating expenses/yr $167K
2.9 months
Where the money goes
Program services
Program services $141K · Total expenses $167K
85%
Management & General
Management & general $26K · Total expenses $167K
15%
Fundraising
Fundraising $0 · Total expenses $167K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $202K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $202K · Total revenue $202K
100%
Government reliance
Government grants — · Total revenue $202K
Earned-income share
Program service revenue $0 · Total revenue $202K
0%
Investment reliance
Investment income $0 · Total revenue $202K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $167K
0%
Growth & trend
Revenue growth (YoY)
This year $202K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $35K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $202K · Expenses $167K
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $40K
Net-asset ratio
Net assets $35K · Total assets $40K
86%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $40K
0%
People & payroll
Highest Reported Total Compensation
Individual Walter Whatley · Reported title Treasurer · Highest reported compensation $0 · Total expenses $167K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $167K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 15%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 11%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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 · this organization's grantmaking
Grants paid · 3 grants · $137K · 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)$202K revenue · viewing · ⤓ 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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