N — Recreation & SportsEIN: 463932075· Ruling Year: 2014

Rave Foundation

Renton, Washington

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$1.9M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$825K
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+46.8%
Year-over-year change (2022 → 2023)
Net Margin
+28.2%
Revenue minus expenses as % of revenue

Filing History

10 filings on record
YearRevenueExpensesAssets
2023$1,850,484↑47%$1,328,954↓13%$825,064↑172%
2022$1,260,364↑20%$1,530,905↑137%$303,534↓47%
2021$1,049,128↓31%$647,036↓57%$574,075↑234%
2020$1,524,743↑260%$1,519,897↑322%$171,983↑3%
2019$423,658↓48%$360,485↓53%$167,137↑61%
2018$815,512↑71%$763,665↑58%$103,964↑99%
2017$476,344↑101%$482,661↑163%$52,117↓11%
2016$236,948↑145%$183,836↑73%$58,434↑998%
2015$96,875↓15%$106,100↓2%$5,322↓90%
2014$113,441$108,498$53,642

Frequently Asked Questions

What does Rave Foundation do?▼

Rave Foundation is a recreation & sports nonprofit organization based in Washington. It is classified under NTEE code N99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rave Foundation financially healthy?▼

Based on our 9-metric Financial Health Score model, Rave Foundation has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rave Foundation generate?▼

Rave Foundation reports $2.1M in annual revenue and holds $1.1M in total assets, based on IRS filings.

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