Rapt Foundation Inc A Non Profit Corporation is a 501(c)(3) organization based in Woodbridge, New Jersey, registered in 1995, with $23,441 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$23K
▼ 19.5% vs prior year
Education median: $200K
Expenses (FY2024)
$23K
Net assets
$3,038
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Rapt Foundation Inc A Non Profit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Rapt Foundation Inc A Non Profit Corporation: 2 mo reserves · +1% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Rapt Foundation Inc A Non Profit Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Rapt Foundation Inc A Non Profit Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $60K (FY2013) to $23K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3,038
Total liabilities
$0
Net assets
$3,038
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $23,441▼19.5% | $23,203▼14.3% | $3,038▲8.5% | $3,038▲8.5% | 990 |
| 2023 | $29,111▲539% | $27,064▲361% | $2,800▲272% | $2,800▲272% | 990 |
| 2022 | $4,553▼78.5% | $5,866▼74.6% | $753▼63.6% | $753▼63.6% | 990 |
| 2021 | $21,136▼67.9% | $23,050▼63.3% | $2,066▼48.1% | $2,066▼48.1% | 990 |
| 2020 | $65,926▲10.9% | $62,773▲5.2% | $3,980▲381% | $3,980▲381% | 990 |
| 2019 | $59,450▲58.6% | $59,686▲65.4% | $827▼22.1% | $827▼22.1% | 990 |
| 2018 | $37,495▲61.2% | $36,092▲50.8% | $1,062▲110% | $1,062▲110% | 990 |
| 2017 | $23,260▼61.2% | $23,934▼66.4% | $506▲115% | $506▲115% | 990 |
| 2013 | $59,881 | $71,140 | $235 | $235 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Rapt Foundation Inc A Non Profit Corporation (EIN 22-3271886) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.