REAL DARE FOUNDATION

EIN: 883398969 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$742,000
Total Expenses
$164,142
Total Assets
$591,716
Net Assets
$591,716
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
NV
Principal Officer
REBECCA KOSTYUCHENKO
Phone
7024987923
Tax Period
2023-01-01 to 2023-12-31

REAL DARE FOUNDATION, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $742K in total revenue in fiscal year 2023. Revenue surged 462% from the prior year, signaling strong growth momentum. The organization ran a surplus of $578K, a strong 78% operating margin.

Mission

THE FOUNDATION IS DEDICATED TO REMOVING BARRIERS TO INCLUSION OF PEOPLE WITH DISABILITIES IN EXTRACURRICULAR PURSUITS. LEISURE, ARTISTIC, CREATIVE, ADVENTURE, TRAVEL, TEAM AND ATHLETIC ACTIVITIES ARE KEY COMPONENTS FOR ENJOYING AND MAKING MEANING FROM OUR HUMAN LIVES. DISABLED PEOPLE DESERVE FULL ACCESS TO, AND INCLUSION WITHIN, THESE FERTILE SPACES. THE FOUNDATION FURTHERS INCLUSIVE EXTRACURRICULAR AND EXTRA-EDUCATIONAL OPPORTUNITIES WHICH SERVE ONE OR MORE OF THE FOLLOWING OBJECTIVES : 1) PROVIDE DISABLED PEOPLE WITH EMOTIONAL, ACTIVE AND/OR CREATIVE OUTLETS; 2) HELP PEOPLE WITH DISABILITIES TO IMBED WITHIN AND CONNECT TO THEIR COMMUNITY AND PEERS; 3) HELP DEVELOP DISABLED PERSONS' LONG TERM ECONOMIC PROSPECTS AND LEADERSHIP SKILLS; 4) PROVIDE OPPORTUNITIES FOR DISABLED PERSONS' INDEPENDENCE AND FREEDOM; 5) ASSIST IN LARGELY UNDERSERVED AREAS OF CHARITABLE FOCUS; AND 6) INTEGRATE PLACES, GROUPS AND ACTIVITIES IN WHICH DISABLED PEOPLE ARE CURRENTLY UNDER-REPRESENTED AND/OR EXCLUDED.

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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 $742,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $742,000

Expense Breakdown

Grants Paid $40,015
Salaries & Benefits $113,307
Fundraising Expenses $5,032
Program Expenses $153,772
Other Expenses $10,820
TOTAL EXPENSES $164,142

Year-over-Year Comparison

2023 2022 Change
Revenue $742,000 $132,104 +4.6%
Expenses $164,142 $118,246 +0.4%
Net Income $577,858 $13,858 +40.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
1
Volunteers
2

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
$225,000
Total Directors
3
$225,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA KOSTYUCHENKO PRESIDENT 20.00
Officer Director
$225,000 $0 $225,000
CHASEN COHAN SECRETARY 1.00
Officer Director
$0 $0 $0
MIKHAIL ESTEROV TREASURER 1.00
Officer 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 $742,000 $164,142 $591,716 $577,858
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