2017-08-23T15:24:46-05:00 2016-12-31 941341042 FRANK RIMERMAN & CO LLP 60 S MARKET STREET SUITE 500 SAN JOSE CA 95113 990 2016-01-01 770365627 RESOURCE AREA FOR TEACHING RESO 4084511420 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 KIPP LANMAN INTERIM CEO 4084511420 2017-08-22 1 PRERNA JAGADA P01063809 4082795566 2017-08-22 50.206.23.118 2017-08-22 10:23:37 PD P A1677ADF8DE94F011024E46F8676D1F9EB074292 385AD98FD00449C556D1DFC2CA7C77484967EC0C 2016 2021-01-29 14:40:06Z KIPP LANMAN 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 5474776 0 X WWW.RAFT.NET X 1994 CA RESOURCE AREA FOR TEACHING'S (RAFT) MISSION IS TO HELP EDUCATORS TRANSFORM A CHILD'S LEARNING EXPERIENCE THROUGH HANDS-ON EDUCATION TO INSPIRE THE JOY AND DISCOVERY OF LEARNING. 14 14 47 500 0 0 1560786 1214046 240464 218136 171715 61396 827714 724922 2800679 2218500 0 0 0 0 2430886 2008994 3850 0 401579 1013164 1139848 3447900 3148842 -647221 -930342 13764292 12875731 256175 268204 13508117 12607527 RAFT BELIEVES THAT EVERY CHILD DESERVES A POWERFUL LEARNING EXPERIENCE. RAFT'S MISSION IS TO HELP EDUCATORS TRANSFORM A CHILD'S LEARNING EXPERIENCE THROUGH HANDS-ON EDUCATION TO INSPIRE THE JOY AND DISCOVERY OF LEARNING. 0 0 586486 256650 EDUCATION PROGRAMS: RAFT PROVIDES HANDS-ON TOOLS AND TRAINING TO EDUCATORS, HELPING THEM ENGAGE THEIR STUDENTS FOR DEEPER LEARNING IN THEIR CLASSROOMS. OUR PROFESSIONAL LEARNING SESSIONS ALLOW TEACHERS TO LEARN NEW SKILLS, SHARE BEST PRACTICES AND GROW AS AN EDUCATIONAL COMMUNITY. IN 2016, RAFT HOSTED 71 PROFESSIONAL DEVELOPMENT WORKSHOPS FOR 1,481 PARTICIPANTS. 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. 1633705 717912 RESOURCE CENTERS & WEBSITE: RAFT HAS TWO MEMBER RESOURCE CENTERS, ONE IN REDWOOD CITY AND ONE 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 AND EDUCATORS ARE ABLE TO STRETCH THEIR BUDGETS TWICE AS FAR. AT OUR VOLUNTEER RESOURCE CENTER & WAREHOUSE IN SUNNYVALE, DONATED MATERIALS ARE SORTED AND APPROXIMATELY 5,800 COMMUNITY VOLUNTEERS PREP AND ASSEMBLE HANDS ON LEARNING ACTIVITIES ANNUALLY. OUR WEBSITE AND ONLINE STORE OFFER 24/7 ACCESS TO THE EDUCATIONAL RESOURCES. IN 2016, ALMOST 80,000 EDUCATORS FROM 188 COUNTRIES VISITED OUR FREE ONLINE LIBRARY OF OVER 750 EDUCATIONAL IDEA SHEETS. 372581 MATERIALS DONATION/UPCYCLING PROGRAM: IN 2016, RAFT DIVERTED 88,500 CUBIC FEET OF MATERIALS FROM THE LANDFILLS AND MADE THEM AVAILABLE FOR MEMBERS IN OUR RESOURCE CENTERS. 231 BAY AREA COMPANIES WORKED WITH RAFT 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 AND SO THAT MEMBERS CAN BUY THEM IN BULK TO CREATE THEIR OWN LEARNING MATERIALS. SINCE BEING FOUNDED IN 1994, RAFT HAS RECEIVED 3,116,221 CUBIC FEET OF DONATED MATERIALS. 2592772 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 47 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X DAVE E MUILENBURG 4082137222 1355 RIDDER PARK DRIVE SAN JOSE CA 95131 JOHN KERN CHAIRPERSON 1.00 X X 0 0 0 CHRISTINE MARTINO VICE CHAIRPERSON 1.00 X X 0 0 0 CLAY YOUNG TREASURER 1.00 X X 0 0 0 ANDREA WHITTAKER SECRETARY 1.00 X X 0 0 0 ANN DANNER BOARD MEMBER 1.00 X 0 0 0 JOE HERNANDEZ BOARD MEMBER 1.00 X 0 0 0 CECIL MAK BOARD MEMBER 1.00 X 0 0 0 WEBB MCKINNEY BOARD MEMBER 1.00 X 0 0 0 BRENDA PEFFER BOARD MEMBER 1.00 X 0 0 0 PRASAD SABADA BOARD MEMBER 1.00 X 0 0 0 MICHELLE SKLAR BOARD MEMBER 1.00 X 0 0 0 SHELLY VIRAMONTEZ BOARD MEMBER 1.00 X 0 0 0 PEGG WYNN BOARD MEMBER 1.00 X 0 0 0 KATHY YATES BOARD MEMBER 1.00 X 0 0 0 GRAINGER MARBURG CEO 50.00 X 144038 0 228 DAVE E MUILENBURG DIRECTOR OF FINANCE 40.00 X 50000 0 0 JASON PITTMAN DIRECTOR OF LEARNING 40.00 X 100962 0 6354 295000 0 6582 2 0 0 0 0 271571 56400 886075 1214046 MEMBERSHIP DUES 611710 169494 169494 WORKSHOP FEES 611710 48642 48642 218136 33310 33310 2937127 2909041 28086 28086 28086 19952 271571 51456 -31504 -31504 1013691 295779 717912 717912 OTHER INCOME 900099 38514 38514 38514 2218500 974562 0 29892 X 295000 177000 59000 59000 1409385 1197685 7932 203768 157744 127220 6184 24340 146865 118446 5758 22661 26495 26495 2413 1408 1005 365143 296066 40015 29062 36742 6110 30632 37904 30392 2265 5247 241287 226461 14826 28968 27764 1204 3328 2912 58 358 222228 215672 1990 4566 65257 59657 1825 3775 SUPPLIES 66323 62219 1964 2140 FINANCIAL SERVICE CHARG 43760 43760 3148842 2592772 154491 401579 17613 10026 309915 258847 151522 131970 13306 3531 314165 240136 66647 30297 12224938 2442587 9984415 9782351 10223 2896486 2418573 13764292 12875731 175240 124194 80935 144010 256175 268204 X 12872439 12196356 538300 313793 97378 97378 13508117 12607527 13764292 12875731 -930342 29752 0 X X 0 1 X 1 0 X 1388427 1758187 1507418 1560786 1214046 7428864 90000 90000 90000 90000 360000 1388427 1848187 1597418 1650786 1304046 7788864 932814 6856050 135664 332156 232795 164109 61396 926120 8714984 8551086 0.78670 0.82290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 170452 3670 174122 171895 -1443 170452 170928 967 171895 158958 11970 170928 146999 11959 158958 0.55930 0.44080 0 0 5451240 5451240 3583803 1315940 2267863 2586805 691070 1895735 539182 403337 135845 63908 32240 31668 9782351 POOLED INVESTMENT FUND 2418573 C 2418573 X 2363002 29752 114750 144502 2218500 0 2218500 3263592 114750 114750 3148842 0 3148842 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 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 AS OF DECEMBER 31, 2016 FOR UNCERTAIN INCOME TAX POSITIONS. GALA DINNER 210700 198548 12152 29602 GOLF TOURNAMENT 80823 73023 7800 21854 291523 271571 19952 21854 29602 51456 -31504 FORM 990, SCH G, PART II, (A)EVENT 1: GALA DINNER EVERY FALL, RAFT INVITES OVER 200 GUESTS TO CELEBRATE THE ROBERT BROWNLEE SCIENCE TEACHER OF THE YEAR AND SHOWCASE OUR COMMUNITY IMPACT. THE INTERACTIVE EVENING ENGAGES OUR GUESTS IN A DESIGN CHALLENGE, HIGHLIGHTS HOW RAFT IS ADDRESSING THE PRESSING NEEDS OF EDUCATORS AND ENCOURAGES OUR GUESTS TO JOIN US IN SUPPORTING EDUCATORS AND STUDENTS. 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 ORGANIZATION SUBSCRIBES TO AN ANNUAL NONPROFIT SALARY GUIDE. THIS GUIDE IS FORWARDED TO EITHER THE PRESIDENT OF THE BOARD OR A BOARD MEMBER THAT HAS THE APPROPRIATE HUMAN RESOURCE EXPERIENCE. THE CEO'S ANNUAL SALARY IS BASED ON THE COMPARABLE MARKET RATES IN THE SAME GEOGRAPHIC AREA. THE CEO'S SALARY IS APPROVED BY THE BOARD AND DOCUMENTED IN THE MINUTES. WRITTEN DOCUMENTATION THAT SUPPORTS THE CEO'S SALARY IS RETAINED. THE ANNUAL SALARY OF THE DIRECTOR OF OPERATIONS AND FINANCE IS BASED ON THE COMPARABLE MARKET RATES IN THE SAME GEOGRAPHIC AREA. IT'S APPROVED BY THE BOARD WITH THE ANNUAL BUDGET. 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. FORM 990, PART IX, LINE 11G PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 7,042. MANAGEMENT AND GENERAL EXPENSES 454. FUNDRAISING EXPENSES 909. TOTAL EXPENSES 8,405. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 281,024. MANAGEMENT AND GENERAL EXPENSES 39,561. FUNDRAISING EXPENSES 28,153. TOTAL EXPENSES 348,738. CONSULTING: PROGRAM SERVICE EXPENSES 8,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,000. FORM 990, PART XII, LINE 2C: NO CHANGES HAVE BEEN MADE TO THE PROCESS FROM THE PRIOR YEAR