RACINE VOCATIONAL MINISTRY INC

RACINE, WI, 53403-1219 (262) 633-8660 Est. 2002 EIN 71-0894219

B90— Education Form 990 501(c)(3)

www.rvmracine.org

Mission

RACINE VOCATIONAL MINISTRY PREPARES PARTICIPANTS TO BECOME FULLY ENGAGED IN THEIR LIVES BY OFFERING TOOLS AND SKILLS, RESPECTING THEIR INHERENT DIGNITY, AND WALKING ALONG SIDE THEM IN THEIR TRANSFORMATIVE JOURNEYS.

Financials

Total Revenue

$678,650

Total Expenses

$714,757

Net Assets

$364,699

10 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

6.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 4.9%

Expenses ↑ 13.4%

Revenue Sources

Contributions 90.5% Earned revenue 7.9% Investment 1.6%

Expense Breakdown

Program 88.3% Management 11.1% Fundraising 0.5%

Officers & Key Employees (17)

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Grants Received (19)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$678,650 ↓	$714,757	$364,699
2023 Form 990	$713,245 ↑	$630,473	$400,806
2022 Form 990	$525,837 ↓	$479,103	$318,034
2021 Form 990	$684,268 ↑	$507,315	$271,300
2020 Form 990	$486,609	$478,067	$94,348