WILLIAM RAVEIS CHARITABLE FUND INC

EIN: 810648663 501(c)(3) Diseases & Disorders

SHELTON, CT

Total Revenue
$597,178
Total Expenses
$586,277
Total Assets
$498,175
Net Assets
$498,175
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CT
Principal Officer
WILLIAM M RAVEIS JR
Phone
2039254541
Tax Period
2023-01-01 to 2023-12-31

WILLIAM RAVEIS CHARITABLE FUND INC, founded in 2004, is a small nonprofit in the Diseases & Disorders sector that reported $597K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE MISSION OF WILLIAM RAVEIS CHARITABLE FUND, INC. IS TO RAISE AWARENESS FOR AND SUPPORT CANCER RESEARCH BY PARTNERING WITH THE DAMON RUNYON CANCER RESEARCH FOUNDATION AND THE DANA-FARBER CANCER INSTITUTE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $637,741
Program Service Revenue $0
Investment Income $0
Other Revenue $-40,563
TOTAL REVENUE $597,178

Expense Breakdown

Grants Paid $479,329
Salaries & Benefits $48,012
Fundraising Expenses $9,884
Program Expenses $479,329
Other Expenses $58,936
TOTAL EXPENSES $586,277

Year-over-Year Comparison

2023 2022 Change
Revenue $597,178 $672,633 -0.1%
Expenses $586,277 $703,714 -0.2%
Net Income $10,901 $-31,081 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
6
$26,923
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN RAVEIS MANAGING DIRECTOR UNTIL 06/23 40.00
Director
$0 $0 $26,923
WILLIAM M RAVEIS JR PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
RYAN RAVEIS TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
CHRISTOPHER RAVEIS SECRETARY/DIRECTOR 1.00
Officer Director
$0 $0 $0
CANDACE RAVEIS VICE PRESIDENT/DIRECTOR UNTIL 12/23 1.00
Officer Director
$0 $0 $0
PETER AMBROSE DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $597,178 $586,277 $498,175 $10,901
2022 $672,633 $703,714 $487,477 $-31,081
2021 $838,075 $447,489 $530,682 $390,586
2020 $214,945 $529,998 $131,010 $-315,053
2019 $768,618 $870,686 $450,499 $-102,068
2018 $828,937 $815,657 $555,001 $13,280
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