2021-05-17T16:05:21-05:00 2020-06-30 571157523 APRIO LLP 5 CONCOURSE PARKWAY SUITE 1000 ATLANTA GA 30328 990 2019-07-01 770365627 RESOURCE AREA FOR TEACHING RESO 4084511420 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 JASON MORRELLA CEO 4084511420 2021-05-17 1 ANGELA T DOTSON P00645864 4048929651 2021-05-17 2019 2022-09-23 18:48:47Z JASON MORRELLA 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 15439630 0 X WWW.RAFT.NET X 1994 CA RESOURCE AREA FOR TEACHING'S (RAFT) MISSION IS TO INSPIRE JOY THROUGH HANDS ON LEARNING. 15 15 27 1900 0 0 735841 961811 194991 152444 114113 7853909 665107 509408 1710052 9477572 0 0 0 0 1655853 2018870 0 0 322274 922949 954925 2578802 2973795 -868750 6503777 10332272 17783366 117574 667890 10214698 17115476 X RAFT BELIEVES THAT EVERY CHILD DESERVES A POWERFUL LEARNING EXPERIENCE. RAFT'S MISSION IS TO INSPIRE JOY THROUGH HANDS ON LEARNING. 0 0 2378300 8436797 EDUCATION PROGRAMS & MATERIALS: RAFT PROVIDES HANDS-ON TOOLS AND TRAINING TO EDUCATORS, HELPING THEM ENGAGE THEIR STUDENTS FOR DEEPER LEARNING IN THEIR CLASSROOMS. RAFT ALSO INCORPORATES TRAININGS AND EVENTS FROM OUR CORPORATE AND COMMUNITY PARTNERS TO FACILITATE ADDITIONAL TRAINING AND PROVIDE ACCESS FOR EDUCATORS TO INDUSTRY KNOWLEDGE. OUR PROFESSIONAL LEARNING SESSIONS ALLOW TEACHERS TO LEARN NEW SKILLS, SHARE BEST PRACTICES AND GROW AS AN EDUCATIONAL COMMUNITY. IN 2018, RAFT SERVED OVER 8,000 TEACHERS THROUGH PROFESSIONAL DEVELOPMENT, EVENTS, KITS, AND TRAININGS. RAFT ALSO CREATES CURRICULA AND HANDS-ON LEARNING ACTIVITIES THAT ALIGN WITH CURRENT EDUCATIONAL STANDARDS AND PROVIDE EDUCATORS WITH AFFORDABLE OPTIONS FOR USE IN THEIR CLASSROOMS TO INSPIRE A LIFELONG LOVE OF LEARNING AMONG THEIR STUDENTS. IN 2019, RAFT ASSEMBLED APPROXIMATELY 40,000 ACTIVITY KITS TO IMPACT OVER 500,000 STUDENTS. RESOURCE CENTERS & WEBSITE: RAFT HAS A MEMBER RESOURCE CENTER IN SAN JOSE, WHERE MEMBERS ARE ABLE TO SHOP FOR AFFORDABLE, PRE-PACKAGED LEARNING ACTIVITIES, UPCYCLED BULK MATERIALS, AND ADDITIONAL CLASSROOM SUPPLIES. OUR USE OF REPURPOSED AND DONATED MATERIALS ALLOWS US TO KEEP OUR PRICES LOW, OFTEN UP TO 80% LOWER THAN COMPARABLE RETAIL PRICES. THIS AFFORDABILITY IS IMPERATIVE TO EDUCATORS, AS TEACHERS ARE OFTEN EXPECTED TO PAY UP TO $2,000 ANNUALLY OUT OF POCKET TO FUND THEIR CLASSROOM ACTIVITIES. IN 2019, RAFT'S MAKERSPACE ALLOWED MEMBERS TO PROCESS MATERIALS AND CREATE CUSTOMIZABLE TEACHING TOOLS, FREE AS A MEMBER SERVICE. MEMBERS CAN INTERACT WITH OUR MACHINERY, INCLUDING LASER CUTTERS, AND THE ASSOCIATED SOFTWARE TO CREATE NECESSARY CLASSROOM SUPPLIES AND LEARNING ACTIVITIES. AT OUR VOLUNTEER RESOURCE CENTER & WAREHOUSE IN SUNNYVALE, DONATED MATERIALS ARE SORTED AND APPROXIMATELY 6,000 COMMUNITY VOLUNTEERS PREP AND ASSEMBLE HANDS ON LEARNING KITS ANNUALLY. OUR WEBSITE AND ONLINE STORE OFFER 24/7 ACCESS TO THE EDUCATIONAL RESOURCES. IN 2019, EDUCATORS FROM ALMOST 100 COUNTRIES VISITED OUR FREE ONLINE LIBRARY OF OVER 750 EDUCATIONAL IDEA SHEETS. MATERIALS DONATION/UPCYCLING PROGRAM: IN 2019, RAFT DIVERTED OVER 300 CUBIC TONS OF MATERIALS FROM LANDFILL AND MADE THEM AVAILABLE FOR MEMBERS IN OUR RESOURCE CENTERS. RAFT HAS WORKED WITH 240 BAY AREA COMPANIES TO COLLECT AND UPCYCLE MATERIALS THEY NO LONGER NEED, FROM OFFICE SUPPLIES TO LAB EQUIPMENT, SO THAT RAFT CAN REPURPOSE THEM INTO HANDS-ON LEARNING MATERIALS. MEMBERS CAN ALSO BUY THEM IN BULK TO CREATE THEIR OWN LEARNING MATERIALS. SINCE BEING FOUNDED IN 1994, RAFT HAS RECEIVED OVER 3 MILLION CUBIC FEET OF DONATED MATERIALS. RAFT ADDRESSED EDUCATORS' NEEDS AND PROVIDED EDUCATIONAL MATERIAL THAT FULFILLS NECESSARY STANDARDS TO PREPARE STUDENTS FOR FUTURE CAREERS. 2378300 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 24 0 1 27 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X DAVE E MUILENBURG 4082137222 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 WEBB MCKINNEY CHAIRPERSON 1.00 X X 0 0 0 NIGEL BALL VICE CHAIRPERSON 1.00 X X 0 0 0 STEFAN FAFFL SECRETARY 1.00 X X 0 0 0 KATHY YATES TREASURER 1.00 X X 0 0 0 BROOKS BEARD BOARD MEMBER 1.00 X 0 0 0 CAROLYN CARHART-QUEZADA BOARD MEMBER 1.00 X 0 0 0 KEVIN FRIED BOARD MEMBER 1.00 X 0 0 0 JILLIAN FORUSZ BOARD MEMBER 1.00 X 0 0 0 PETER GESCHKE BOARD MEMBER 1.00 X 0 0 0 SHARON HUTCHINS BOARD MEMBER 1.00 X 0 0 0 CECIL MAK BOARD MEMBER 1.00 X 0 0 0 EDY MOURTOS BOARD MEMBER 1.00 X 0 0 0 BRENDA PEFFER BOARD MEMBER 1.00 X 0 0 0 SRIDHAR NARASIMHAN BOARD MEMBER 1.00 X 0 0 0 KAREN ROHDE BOARD MEMBER 1.00 X 0 0 0 SARAH SLAVIN CEO 40.00 X 47629 0 1986 DAVE E MUILENBURG DIRECTOR OF FINANCE 40.00 X 137599 0 7412 NIGAL BALL ACTING CEO 32.00 X 80612 0 150 JASON MORRELLA CEO 40.00 X 41389 0 0 307229 0 9548 1 0 0 0 0 54400 907411 20000 961811 WORKSHOP FEES 611710 122864 122864 MEMBERSHIP DUES 611710 23995 23995 COMMUNITY EVENTS 900099 5000 5000 PARTNER EVENTS 900099 585 585 152444 78964 78964 13606030 5831085 7774945 7774945 7774945 617077 130973 486104 486104 OTHER INCOME 900099 23304 23304 23304 9477572 8436797 0 78964 440883 373031 33926 33926 1287456 981521 119435 186500 159163 124741 14123 20299 131368 102957 11657 16754 51394 51394 213666 98641 76641 38384 81854 75094 3271 3489 287549 287450 99 12193 11617 576 10286 8164 95 2027 150316 139768 4900 5648 44765 41856 1369 1540 RECRUITING 81217 60643 7530 13044 FINANCIAL SERVICE CHARG 21685 21423 175 87 2973795 2378300 273221 322274 2393 4161 30881 273130 7500 10721 9950 4605 95113 128931 31680 28550 5964131 2028159 3558614 3935972 765056 13397296 5831085 0 10332272 17783366 96626 242193 20948 169401 256296 117574 667890 X 9973534 16817657 241164 297819 10214698 17115476 10332272 17783366 6503777 397001 0 X X 0 1 X 1 0 X 1560786 1214046 1269693 735841 1253114 6033480 90000 90000 120609 60305 126600 487514 1650786 1304046 1390302 796146 1379714 6520994 443611 6077383 164109 61396 41197 51319 89690 407711 6928705 14234828 0.87710 0.85840 X PART II. SHORT YEAR EXPLANATION AT THE BEGINNING OF 2019 THE ORGANIZATION CHANGED FROM A CALENDAR YEAR END TO A FISCAL YEAR ENDED 06/30. THE 2019 DATA FROM THE PRIOR RETURN INCLUDED JUST THE FIRST 6 MONTHS OF 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 194004 5109 199113 186847 7157 194004 180490 6357 186847 170452 3670 174122 171895 -1443 170452 1.00000 0 0 1531240 1531240 3534725 1705602 1829123 630172 322557 307615 267994 267994 3935972 TD AMERITRADE POOLED FUNDS 4695795 C MORGAN STANLEY POOLED FUNDS 8701501 C 13397296 X 9874573 397001 397001 9477572 0 9477572 2973795 0 2973795 0 2973795 PART V, LINE 4: THE ENDOWMENT WAS ESTABLISHED TO ASSIST THE ORGANIZATION WITH OPERATIONS AND CAPITAL EXPENDITURES AS NEEDS ARISE. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE FRANCHISE TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ORGANIZATION USES THE "MORE LIKELY THAN NOT" CRITERION FOR RECOGNIZING THE INCOME TAX BENEFIT OF ITS INCOME TAX EXEMPT STATUS AND ESTABLISHING MEASUREMENT CRITERIA FOR LIABILITIES RESULTING FROM THE LOSS OF THAT STATUS. THE ORGANIZATION BELIEVES THAT ALL INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY ACCRUALS FOR INTEREST AND PENALTIES AT JUNE 30, 2020 FOR UNCERTAIN INCOME TAX POSITIONS. X OFFICE SPACE RENT 1 10000 FMV X FOOD 1 10000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVEIEWED BY THE CEO AND THEN BY THE AUDIT COMMITTEE. UPON THEIR APPROVAL THE FORM IS EMAILED TO ALL MEMBERS OF THE BOARD WITH THE REQUEST FOR REVIEW BY A CERTAIN DEADLINE. ANY QUESTIONS ARISING DURING THIS REVIEW PROCESS ARE RESOLVED PRIOR TO FILING OF THE FORM. IF NO COMMENTS ARE RECEIVED BY THE SPECIFIED DEADLINE IT'S ASSUMED THAT NO CHANGES NEED TO BE MADE AND THE FORM IS FILED. THE APPROVAL OF FORM 990 IS THEN DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD ANNUALLY AND THE BEGINNING OF THE CALENDAR YEAR. BOARD MEMBERS ARE REQUIRED TO RETURN THE SIGNED ACKNOWLEDGEMENT TO THE CEO. ANNUAL CONFLICT OF INTEREST ACKNOWLEDGEMENTS ARE STORED AT THE ORGANIZATION'S OFFICE LOCATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS ADOPTED A COMPENSATION REVIEW POLICY TO FACILITATE ITS COMPLIANCE WITH CALIFORNIA AND FEDERAL LAW RELATING TO COMPENSATION OF SENIOR MANAGEMENT. THE ORGANIZATION SUBSCRIBES TO AN ANNUAL NONPROFIT SALARY SURVEY GUIDE. THIS GUIDE IS FORWARDED TO THE EITHER THE CHAIR OF THE BOARD OR A BOARD MEMBER WHO HAS THE APPROPRIATE HUMAN RESOURCES EXPERIENCE TO EVALUATE THE COMPARABLE MARKET-BASED COMPENSATION DATA FOR THE CEO, THE HEAD OF FINANCE AND ANY OTHER PERSONS WHO ARE CONSIDERED "KEY EMPLOYEES" FOR THE PURPOSES OF FORM 990 REPORTING. THE BOARD APPROVES THE COMPENSATION FOR THESE INDIVIDUALS AFTER REVIEWING THE COMPARABILITY DATA AND DOCUMENTS HOW IT REACHED ITS DECISIONS, INCLUDING THE DATA ON WHICH IT RELIED, IN ACCORDANCE WITH THE COMPENSATION REVIEW POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.