Nonprofit · EIN 06-1536742
RAISE THE BAR INC
Tax-exempt · STAMFORD, CT 06905
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $16,120 | $82,428 | -$66,308 | $45,331 | $0 | $45,331 |
| June 30, 2024 | 990-EZ | $25,981 | $81,961 | -$55,980 | $111,639 | $0 | $111,639 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $11,400
- Investment income
- $4,720
Expenses
- Grants and similar amounts paid
- $82,132
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $296
Balance sheet and other
- Total assets, start of year
- $111,639
- Total assets, end of year
- $45,331
- Total liabilities, end of year
- $0
- Net assets, end of year
- $45,331
- Cash, savings and investments
- $45,331
- Gross receipts
- $16,120
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MUSUMECI | PRESIDENT | 1.75 | $0 |
| TERRY BAXENDALE | VICE PRESIDENT | 0.25 | $0 |
| MARCIA GROGLIO | SECRETARY | 0.25 | $0 |
| WILLIAM ARNONE | TREASURER | 1.75 | $0 |
990-EZ for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT MUSUMECI | PRESIDENT | 1.75 | $0 |
| TERRY BAXENDALE | VICE PRESIDENT | 0.25 | $0 |
| MARCIA GROGLIO | SECRETARY | 0.25 | $0 |
| WILLIAM ARNONE | TREASURER | 1.75 | $0 |
Address and contacts
- Address (IRS master file)
- 68 WHITE OAK LN, STAMFORD, CT 06905-1521
- In care of
- % CAPITAL FINANCIAL MANAGEMENT
- Signed the 990-EZ
- WILLIAM J ARNONE, TREASURER
- Phone
- (203) 322-6479
- Return prepared by
- THE PROFESSIONAL ASSOCIATES PC
Mission
THE ORGANIZATION RAISES FUNDS FOR CANCER PATIENTS,WHO BECAUSE OF THEIR LACK OF FINANCIAL ASSETS,HAVE EXPERIENCED TROUBLED MEDICAL AND FINANCIAL TIMES.GRANTS ARE DISTRIBUTED TO INDIVIDUALS FOR MEDICAL TREATMENT OR FOR OTHER PURPOSES INTENDED TO ALLEVIATE THE DONEE'S MEDICAL SUFFERING.
Program accomplishments
- THE ORGANIZATION NORMALLY HOLDS A FUND RAISING GOLF TOURNAMENT TO PROVIDE REVENUE FOR THE ORGANIZATIONS EXEMPT PURPOSE (41 GRANTS WERE ISSUED)NO GRANTS WERE ISSUED IN EXCESS OF $5,000.00THE EXEMPT PURPOSE IS PROVIDING FUNDS FOR CANCER INFLICTED PATIENTS.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 06-1536742
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1999
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Health care (E128)
- Assets (IRS master file)
- $45,331
- Income (IRS master file)
- $16,120
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $16,120 | $82,428 | $45,331 | XML |
| 990-EZ | June 2024 | $25,981 | $81,961 | $111,639 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
| 990-EZ | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1536742).
Questions about RAISE THE BAR INC
- What is the EIN of RAISE THE BAR INC?
- The employer identification number (EIN) of RAISE THE BAR INC is 06-1536742.
- Is RAISE THE BAR INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to RAISE THE BAR INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAISE THE BAR INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of RAISE THE BAR INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAISE THE BAR INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of RAISE THE BAR INC?
- The 990-EZ for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does RAISE THE BAR INC have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $16,120, expenses of $82,428 and total assets of $45,331 at year end.
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