Raise A Glass Foundation Inc

EIN: 812805886 501(c)(3) Community Improvement

Webster, NY

Total Revenue
$127,972
Total Expenses
$133,791
Total Assets
$27,560
Net Assets
$17,076
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
Ronald Dougherty
Phone
5854148279
Tax Period
2024-07-01 to 2025-06-30

Raise A Glass Foundation Inc, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $128K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

Collecting and donating to deserving charities a valuable asset - thousands of award-winning bottles of wine, beer and spirits - which they use in their fundraiding galas, dinners, auctions and other events.

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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 (2024)

Revenue Breakdown

Contributions & Grants $11,658
Program Service Revenue $116,314
Investment Income $0
Other Revenue $0
TOTAL REVENUE $127,972

Expense Breakdown

Grants Paid $32,885
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,441
Other Expenses $100,906
TOTAL EXPENSES $133,791

Year-over-Year Comparison

2024 2023 Change
Revenue $127,972 $202,706 -0.4%
Expenses $133,791 $225,663 -0.4%
Net Income $-5,819 $-22,957 -0.7%
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
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Parts Director 1.00
Officer Director
$0 $0 $0
Ronald Dougherty Executive Director 1.00
Officer Director
$0 $0 $0
Chris Van Zile Director 1.00
Officer Director
$0 $0 $0
David Cooper Director 1.00
Director
$0 $0 $0
John Cordiero Director 1.00
Director
$0 $0 $0
Matthew Mitchell Director 1.00
Director
$0 $0 $0
Jeffrey Stabins Director 1.00
Director
$0 $0 $0
Tracey Dreisbach Director 1.00
Director
$0 $0 $0
Mickie Ganci Director 1.00
Director
$0 $0 $0
Peter Sarratori Director 1.00
Director
$0 $0 $0
Keith Stabins Director 1.00
Director
$0 $0 $0
Larry Krech Director 1.00
Director
$0 $0 $0
Frank Russell 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
2025 $127,972 $133,791 $27,560 $-5,819
2024 $202,706 $225,663 $34,612 $-22,957
2023 $209,969 $193,968 $91,030 $16,001
2022 $336,657 $380,664 $40,667 $-44,007
2021 $165,367 $139,188 $103,898 $26,179
2020 $131,329 $115,344 $42,918 $15,985
2019 $243,047 $184,468 $114,022 $58,579
2018 $259,254 $270,950 $15,524 $-11,696
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