THE RAVEN FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE RAVEN FOUNDATION (EIN 20-8690475)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-05-02
- IRS object ID
- 201131229349100418
- Schema version
- 2010v3.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Amortization Schedule
- Compensation Explanation
- Depreciation Schedule
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-05-02T13:30:18-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FERRENTINO & KROLL CPA'S LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NORTHFIELD PLAZA STE 455 | AddressLine1 |
| City | NORTHFIELD | City |
| State | IL | State |
| ZIP Code | 600931272 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 208690475 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE RAVEN FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | RAVE | NameControl |
| Phone | 2245217200 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2624 PATRIOT DRIVE | AddressLine1 |
| City | GLENVIEW | City |
| State | IL | State |
| ZIP Code | 60026 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEITH ROSS | Name |
| Title | CO-FOUNDER | Title |
| Phone | 2245217200 | Phone |
| Date Signed | 2011-04-26 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN L FERRENTINO CPA | Name |
| Phone | 8474467400 | Phone |
| Date Prepared | 2011-04-26 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 43077 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 255715 | ContriReceivedRevAndExpnss |
| Total Revenue And Expenses | 255715 | TotalRevenueAndExpenses |
| Total Net Investment Income | 0 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 124500 | CompOfcrDirTrstRevAndExpnss |
| Pension Empl Bnft Rev And Expnss | 10074 | PensionEmplBnftRevAndExpnss |
| Pension Empl Bnft Dsbrs Chrtbl Prps | 10074 | PensionEmplBnftDsbrsChrtblPrps |
| Legal Fees Rev And Expnss | 640 | LegalFeesRevAndExpnss |
| Accounting Fees Rev And Expnss | 735 | AccountingFeesRevAndExpnss |
| Other Prof Fees Rev And Expnss | 320 | OtherProfFeesRevAndExpnss |
| Taxes Rev And Expnss | 26 | TaxesRevAndExpnss |
| Deprec And Depletion Rev And Expnss | 243 | DeprecAndDepletionRevAndExpnss |
| Trav Conf Meeting Rev And Expnss | 47010 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 47010 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 60749 | OtherExpensesRevAndExpnss |
| Other Expenses Dsbrs Chrtbl Prps | 44686 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 244297 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 101770 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 0 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 0 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 244297 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 101770 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | 11418 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 0 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 23557 | CashBOY |
| Cash EOY | 35683 | CashEOY |
| Cash EOYFMV | 35683 | CashEOYFMV |
| Land Building And Equipment Basis | 7394 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 3069 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 4920 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 4325 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 7394 | LandBuildingAndEquipmentEOYFMV |
| Total Assets BOY | 28477 | TotalAssetsBOY |
| Total Assets EOY | 40008 | TotalAssetsEOY |
| Total Assets EOYFMV | 43077 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 57 | AccountsPayableBOY |
| Accounts Payable EOY | 170 | AccountsPayableEOY |
| Total Liabilities BOY | 57 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 170 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 28421 | CapitalStockBOY |
| Retained Earnings BOY | -1 | RetainedEarningsBOY |
| Retained Earnings EOY | 39838 | RetainedEarningsEOY |
| Total Net Assets BOY | 28420 | TotalNetAssetsBOY |
| Total Net Assets EOY | 39838 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 28477 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 40008 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 28420 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | 11418 | ExcessOfRevenueOverExpenses |
| Subtotal | 39838 | Subtotal |
| Total Net Assets Fund Balances EOY | 39838 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 59007 | QualifyingDistributionsYear1 |
| Qualifying Distributions Year2 | 149531 | QualifyingDistributionsYear2 |
| Qualifying Distributions Year3 | 15739 | QualifyingDistributionsYear3 |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Adj Nonchrtbl Assets And One | 0 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 101770 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 0 | InvestmentIncomeExciseTax |
| Amount Credited To Next Year | 0 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| More Than100 Spent | false | MoreThan100Spent |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | false | UnrelatedBusIncomeOver1000 |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | IL | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | true | PrivateOperatingFoundation |
| New Substantial Contributors | true | NewSubstantialContributors |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | RAVENFOUNDATION.ORG | WebsiteAddress |
| Books In Care Of Person Name | SUZANNE ROSS | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 2245217200 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2624 PATRIOT | AddressLine1 |
| City | GLENVIEW | City |
| State | IL | State |
| ZIP Code | 60026 | ZIPCode |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| KEITH ROSS | ||||||||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 | CO-FOUNDER | 20.00 | 0 | 0 | 0 |
| SUZANNE ROSS | ||||||||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 | CO-FOUNDER | 20.00 | 0 | 0 | 0 |
| ADAM ERICKSEN | ||||||||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 | EDUCATION DI | 35.00 | 52500 | 0 | 0 |
| MAURA JUNIUS | ||||||||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 | MARKETING DI | 35.00 | 72000 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANT TO CHARITABLE ORGANIZATION PREACHING FOR PEACE | Description1 |
| Expenses1 | 3400 | Expenses1 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 0 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 0 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 0 | TotalFMVOfUnusedAssets |
| Adj Total FMV Of Unused Assets | 0 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 0 | CashDeemedCharitable |
| Net Noncharitable Assets | 0 | NetNoncharitableAssets |
| Minimum Investment Return | 0 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | X | Sect4942j3j5FndtnAndFrgnOrg |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 101770 | ExpensesAndContributions |
| Qualifying Distributions | 101770 | QualifyingDistributions |
| Adj Qualifying Distributions | 101770 | AdjQualifyingDistributions |
Private Operating Foundations PrivateOperatingFoundations
| Field | Value | IRS element (for citing) |
|---|---|---|
| Date Of Ruling | 2007-03-27 | DateOfRuling |
| Section4942j5 | X | Section4942j5 |
Lessor Adj Net Incm Min Invst Return LessorAdjNetIncmMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 0 | CurrentYear |
| Total | 0 | Total |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 101770 | CurrentYear |
| Year1 | 59008 | Year1 |
| Year2 | 149535 | Year2 |
| Year3 | 15739 | Year3 |
| Total | 326052 | Total |
Qlfy Distri Made Directly QlfyDistriMadeDirectly
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | 101770 | CurrentYear |
| Year1 | 59008 | Year1 |
| Year2 | 149535 | Year2 |
| Year3 | 15739 | Year3 |
| Total | 326052 | Total |
Two Thirds Min Invst Return TwoThirdsMinInvstReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | X | Organization501c3ExemptPF |
| General Rule | X | GeneralRule |
Contributor Info ContributorInfo (3 entries)
| Contributor NumberContributorNumber | Contributor Name IndividualContributorNameIndividual | Address Line1ContributorAddressUS/AddressLine1 | CityContributorAddressUS/City | StateContributorAddressUS/State | ZIP CodeContributorAddressUS/ZIPCode | Aggregate ContributionsAggregateContributions | Person Contribution TypePersonContributionType | Address Line2ContributorAddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| 1 | KEITH ROSS | 2624 PATRIOT | GLENVIEW | IL | 60026 | 160000 | X | |
| 2 | SUZANNE ROSS | 2624 PATRIOT | GLENVIEW | IL | 60026 | 50000 | X | |
| 3 | IMITATIO | ONE LETTERMAN DR | SAN FRANCISCO | CA | 94129 | 40000 | X | BLDG C SUITE 400 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT ACCOUNTING FEES | Category |
| Amount | $735 | Amount |
Amortization Schedule AmortizationSchedule
Amortization Amortization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Amortized Expenses | ORGANIZATION COSTS | DescriptionOfAmortizedExpenses |
| Date Acquired Completed Expended | 2007-04-01 | DateAcquiredCompletedExpended |
| Amount Amortized | 5279 | AmountAmortized |
| Deduction For Prior Years | 968 | DeductionForPriorYears |
| Amortization Period | 15.0000 | AmortizationPeriod |
| Current Year Amortization | 352 | CurrentYearAmortization |
| Total Amount Of Amortization | 1320 | TotalAmountOfAmortization |
Compensation Explanation CompensationExplanation
Compensation Compensation (4 entries)
| KEITH ROSS |
| SUZANNE ROSS |
| ADAM ERICKSEN |
| MAURA JUNIUS |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Property | PROJECTOR | DescriptionOfProperty |
| Date Acquired | 2007-05-02 | DateAcquired |
| Cost Or Other Basis | 2115 | CostOrOtherBasis |
| Prior Years Depreciation | 1506 | PriorYearsDepreciation |
| Computation Method | 200DB | ComputationMethod |
| Life | 5.0000 | Life |
| Current Year Expense | 243 | CurrentYearExpense |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FIXED ASSETS | CategoryOrItem |
| Cost Or Other Basis | 7394 | CostOrOtherBasis |
| Accumulated Depreciation | 3069 | AccumulatedDepreciation |
| Book Value | 4325 | BookValue |
| EOYFMV | 7394 | EOYFMV |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | Category |
| Amount | $640 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (17 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|
| EXPENSES | ||
| ADVERTISING & PROMOTION | 20201 | 20201 |
| BANK FEES | 165 | |
| BOARD COSTS | ||
| CONSULTANTS | ||
| CONTRIBUTIONS | 3400 | |
| EMPLOYEE HEALTH INSURANCE | 12314 | 12314 |
| EVENT FACILITIES COSTS | ||
| INTERNET EXPENSE | 485 | |
| MEALS & ENT | 3095 | |
| OFFICE COSTS | 4389 | |
| PAYROLL PROCESSING | 423 | |
| PRINTING & COPYING | 1567 | |
| PROJECT COSTS- | 12053 | 12053 |
| PUBLISHING COSTS | 118 | 118 |
| COMPUTER EXP | ||
| GENEAL INSURANCE | 2187 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT OTHER PROFESSIONAL FEES | Category |
| Amount | $320 | Amount |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode |
|---|---|---|---|
| KEITH ROSS | |||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 |
| SUZANNE ROSS | |||
| 2624 PATRIOT DR | GLENVIEW | IL | 60026 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount |
|---|---|
| STATE REGISTRATION | $25 |
| STATE TAXES | $1 |
Comments