Skip to main content

Nonprofit · EIN 46-0782300

RICRACK INC

Tax-exempt · NEW ORLEANS, LA 70112

Financials

$211K$267K2023$345K$329K2024
Revenue Expenses · by fiscal year end
Financials of RICRACK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$345,417$329,320$16,097$42,378$14,472$27,906
December 31, 2023990$210,917$266,575-$55,658$15,997$4,188$11,809
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$249,342
of which government grants
$4,440
Program service revenue
$82,508
Investment income
$1
Net income from fundraising events
$5,795
Net income from sales of inventory
$7,771
Other revenue
$13,566

Expenses

Grants and similar amounts paid
$1,750
Compensation of officers, directors and key employees
$76,341
Other salaries and wages
$52,740
Salaries, compensation and benefits (total)
$137,952
Professional fundraising fees
$0
Accounting fees
$3,903
Occupancy
$55,675
Travel
$181
Program services (functional)
$264,151
Management and general (functional)
$44,296
Fundraising (functional)
$20,873

Balance sheet and other

Total assets, start of year
$15,997
Total assets, end of year
$42,378
Total liabilities, end of year
$14,472
Net assets, end of year
$27,906
Land, buildings and equipment
$1,494
Gross receipts
$504,446
Employees
10
Volunteers
50
Year formed
2012
State of legal domicile
LA

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Elizabeth FreemanDirector
Officer
40$47,957
Alexandra D'AmicoExecutive Dir.
Officer
40$15,385
Darren IsabelleVice-Chair
Trustee or director, Officer
1$0
Rosane Archer McGowanTreasurer
Trustee or director, Officer
1$0
Pamela WoodChairman
Trustee or director, Officer
1$0
Lauren AndersonDirector
Trustee or director
1$0
Malika FreydbergDirector
Trustee or director
1$0
Elizabeth Townsend GardDirector
Trustee or director
1$0
Wendy CelesteSecretary
Trustee or director, Officer
0$0
Natasha WilsonDirector
Trustee or director
1$0
Jena HausmanDirector
Trustee or director
1$0
Brooke WalkerDirector
Trustee or director
1$0
Paul TassinDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Elizabeth Freeman CurrentExecutive Dir.
Officer
40$56,719
Darren IsabelleDirector
Trustee or director
1$0
Rosane Archer McGowanTreasurer
Trustee or director, Officer
1$0
Pamela WoodVice-Chairman
Trustee or director, Officer
1$0
Beth BurvantChairman
Trustee or director, Officer
1$0
Carole Frances LungDirector
Trustee or director
1$0
Elizabeth Townsend GardDirector
Trustee or director
1$0
Wendy CelesteSecretary
Trustee or director, Officer
0$0
Natasha WilsonDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
321 BURGUNDY ST, NEW ORLEANS, LA 70112-3115
In care of
% ALISON L PARKER
Mailing address (990-N for 2019)
po box 750997, New Orleans LA 70175
Principal officer (990-N for 2019)
alison parker, po box 750997, New Orleans LA 70175
Signed the 990
Jena Hausman, Treasurer
Phone
(504) 218-5205
Return prepared by
John Wyatte Foard LLC

Mission

ricRACK is a place for the New Orleans community. to learn how to sew, create, grow, imagine, re-use, sustain, and succeed.

990 for the year ended December 31, 2024

Program accomplishments

  • Since 2012, ricRack has been partnering with local organizations and schools to teach over 500 youth in New Orleans the importance of repurposing and sewing. By doubling the life of clothing from one to two years, we help reduce emissions from clothing production and disposal by as much as 24%
    Expenses $264,151 · grants $1,750 · revenue $90,279

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0782300
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$42,378
Income (IRS master file)
$504,446

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$345,417$329,320$42,378XML
990December 2023$210,917$266,575$15,997XML
990December 2022$198,997$210,427$68,200IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: alison parker
December 31, 2019≤ $50,000 receipts––e-Postcard

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 46-0782300).

Questions about RICRACK INC

What is the EIN of RICRACK INC?
The employer identification number (EIN) of RICRACK INC is 46-0782300.
Is RICRACK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to RICRACK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RICRACK INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RICRACK INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RICRACK INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RICRACK INC?
The 990-N for 2019 names alison parker.
Who are the officers and directors of RICRACK INC?
The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $47,957 (Elizabeth Freeman, Director).
How much revenue does RICRACK INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $345,417, expenses of $329,320 and total assets of $42,378 at year end.

Other nonprofits in NEW ORLEANS

All nonprofits in NEW ORLEANS · Louisiana · Unknown