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THE RAVEN FOUNDATION: Form 990PF, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
THE RAVEN FOUNDATION (EIN 20-8690475)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-05-13
IRS object ID
201401339349102350
Schema version
2013v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-05-13T14:17:59-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FERRENTINO & KROLL CPA'S LLCBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11 NORTHFIELD PLAZA STE 455AddressLine1
CityNORTHFIELDCity
StateILState
ZIP Code600931272ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN208690475EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RAVEN FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlRAVEBusinessNameControlTxt
Phone2245217200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOT DRIVEAddressLine1
CityGLENVIEWCity
StateILState
ZIP Code60026ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKEITH ROSSPersonNm
Person TitleCO-FOUNDERPersonTitleTxt
Phone2245217200PhoneNum
Signature2014-04-30SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN L FERRENTINO CPAPreparerPersonNm
PTINP00010558PTIN
Phone8474467400PhoneNum
Preparation2014-05-13PreparationDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,185FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$221,775ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$221,775TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$137,854CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$137,854CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$25,412PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Dsbrs Chrtbl$25,412PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$160LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$825AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$7,196TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$7,196TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$43,849OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$33,158OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$215,321TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$203,620TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$215,321TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$203,620TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$6,454ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$905CashBOYAmt
Cash EOY$8,185CashEOYAmt
Cash EOYFMV$8,185CashEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$7,394LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,491LandBldgEquipAccumDeprecAmt
Land BOY$3,255LandBOYAmt
Land EOY$2,903LandEOYAmt
Total Assets BOY$4,160TotalAssetsBOYAmt
Total Assets EOY$11,088TotalAssetsEOYAmt
Total Assets EOYFMV$8,185TotalAssetsEOYFMVAmt
Accounts Payable BOY$208AccountsPayableBOYAmt
Accounts Payable EOY$682AccountsPayableEOYAmt
Total Liabilities BOY$208TotalLiabilitiesBOYAmt
Total Liabilities EOY$682TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$3,952RetainedEarningBOYAmt
Retained Earning EOY$10,406RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$3,952TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$10,406TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$4,160TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$11,088TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,952TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$6,454ExcessRevenueOverExpensesAmt
Subtotal$10,406SubtotalAmt
Tot Net Ast Or Fund Balances EOY$10,406TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$219,164AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$1,970NetVlNoncharitableAssetsYr1Amt
Distribution Yr1111.25076DistributionYr1Rt
Adjusted Qlfy Distri Yr2$100,234AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$14,775NetVlNoncharitableAssetsYr2Amt
Distribution Yr26.784027DistributionYr2Rt
Adjusted Qlfy Distri Yr3$101,770AdjustedQlfyDistriYr3Amt
Adjusted Qlfy Distri Yr4$59,007AdjustedQlfyDistriYr4Amt
Adjusted Qlfy Distri Yr5$149,531AdjustedQlfyDistriYr5Amt
Total Distribution118.03478TotalDistributionRt
Average Distribution59.017394AverageDistributionRt
Net Vl Noncharitable Assets$1,970NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$116,264AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$116,264AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$203,620QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationYes (true)PrivateOperatingFoundationInd
New Substantial ContributorsYes (true)NewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressRAVENFOUNDATION.ORGWebsiteAddressTxt
Individual With BooksSUZANNE ROSSIndividualWithBooksNm
Phone2245217200PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12624 PATRIOTAddressLine1
CityGLENVIEWCity
StateILState
ZIP Code60026ZIPCode
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KEITH ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER10.00$0$0$0
SUZANNE ROSS
2624 PATRIOT DRGLENVIEWIL60026CO-FOUNDER10.00$0$0$0
ADAM ERICKSEN
2624 PATRIOT DRGLENVIEWIL60026EDUCATION DI40.00$58,937$9,613$0
MAURA JUNIUS
2624 PATRIOT DRGLENVIEWIL60026MARKETING DI40.00$78,917$4,523$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1GRANTS TO CHARITABLE ORGANIZATIONS PREACHING FOR PEACEDescription1Txt
Expenses1$5,600Expenses1Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,000AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$1,000FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$2,000TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$2,000AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$30CashDeemedCharitableAmt
Net Vl Noncharitable Assets$1,970NetVlNoncharitableAssetsAmt
Minimum Investment Return$99MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Sect4942j3j5 Fndtn And Frgn OrgYes (X)Sect4942j3j5FndtnAndFrgnOrgInd

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$203,620ExpensesAndContributionsAmt
Qualifying Distributions$203,620QualifyingDistributionsAmt
Adjusted Qualifying Distri$203,620AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Qualifying Distributions$203,620QualifyingDistributionsAmt
Remaining Distri From Corpus$203,620RemainingDistriFromCorpusAmt
Total Corpus$203,620TotalCorpusAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

FieldValueIRS element (for citing)
Private Operating Fndtn Ruling2007-03-27PrivateOperatingFndtnRulingDt
Section4942j5Yes (X)Section4942j5Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

FieldValueIRS element (for citing)
Current Year$0CurrentYearAmt
Total$0TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

FieldValueIRS element (for citing)
Current Year$203,620CurrentYearAmt
Year1$219,164Year1Amt
Year2$100,234Year2Amt
Year3$101,770Year3Amt
Total$624,788TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

FieldValueIRS element (for citing)
Current Year$203,620CurrentYearAmt
Year1$219,164Year1Amt
Year2$100,234Year2Amt
Year3$101,770Year3Amt
Total$624,788TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

FieldValueIRS element (for citing)
Current Year$66CurrentYearAmt
Year1$66Year1Amt
Year2$493Year2Amt
Total$625TotalAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1CityContributorUSAddress/CityStateContributorUSAddress/StateZIP CodeContributorUSAddress/ZIPCodeTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndAddress Line2ContributorUSAddress/AddressLine2
KEITH ROSS
12624 PATRIOTGLENVIEWIL60026$194,500Yes (X)
IMITATIO
2ONE LETTERMAN DRSAN FRANCISCOCA94129$25,000Yes (X)BLDG C SUITE 400

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$825Amt

Amortization Schedule AmortizationSchedule

Amortization Schedule Detail AmortizationScheduleDetail

FieldValueIRS element (for citing)
Amortized ExpensesORGANIZATION COSTSAmortizedExpensesDesc
Acquired Completed Or Expended2007-04-01AcquiredCompletedOrExpendedDt
Amortized$5,279AmortizedAmt
Deduction For Prior Years$2,024DeductionForPriorYearsAmt
Amortization Period15.0000AmortizationPeriodRt
Current Year Amortization$352CurrentYearAmortizationAmt
Total Amortization$2,376TotalAmortizationAmt

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (4 entries)

KEITH ROSS
SUZANNE ROSS
ADAM ERICKSEN
MAURA JUNIUS

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp

FieldValueIRS element (for citing)
PropertyPROJECTORPropertyDesc
Acquired2007-05-02AcquiredDt
Cost Or Other Basis$2,115CostOrOtherBasisAmt
Prior Year Depreciation$2,115PriorYearDepreciationAmt
Computation Method200DBComputationMethodTxt
Life5.0000LifeRt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp

FieldValueIRS element (for citing)
Category Or ItemFIXED ASSETSCategoryOrItemTxt
Cost Or Other Basis$7,394CostOrOtherBasisAmt
Accumulated Depreciation$4,491AccumulatedDepreciationAmt
Book Value$2,903BookValueAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryINDIRECT LEGAL FEESCategoryTxt
Legal Fees$160LegalFeesAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (19 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXPENSES
ADVERTISING & PROMOTION$556
AWARD EVENT$5,991$5,991
BANK FEES$228
BOARD COSTS$1,750$1,750
COMPUTER CONSULTANT$4,770
CONTINUING EDUCATION
WEB DESIGN COSTS$2,194
EVENT TICKETS$1,393$1,393
GENEAL INSURANCE$731
MEALS & ENT$2,050$2,050
OFFICE COSTS$1,805
PAYROLL PROCESSING$55
PRODUCTION COSTS$7,654$7,654
EVENT PROJECT COSTS-$4,973$4,973
PUBLISHING COSTS$8,847$8,847
EVENT GUEST SPEAKERS$500$500
TELEPHONE
ORGANIZATION COSTS

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCode
KEITH ROSS
2624 PATRIOT DRGLENVIEWIL60026
SUZANNE ROSS
2624 PATRIOT DRGLENVIEWIL60026

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategorySTATE REGISTRATIONCategoryTxt
Amt$25Amt

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