TY 2023 Form 990PF

Part I	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books	(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)
	1	Contributions, gifts, grants, etc., received (attach schedule)	235,000
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	42,748	42,748
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		-98
b	Gross sales price for all assets on line 6a 1,533,632
7	Capital gain net income (from Part IV, line 2)...		0
8	Net short-term capital gain.........
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......	List of Attached Documents: // Content	1,328,330	0	0
12	Total. Add lines 1 through 11........	1,605,980	42,748	0
	13	Compensation of officers, directors, trustees, etc.	99,540	0	0	94,563
14	Other employee salaries and wages......	433,036	0	0	411,384
15	Pension plans, employee benefits.......	95,167	0	0	90,409
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	5,695	0	0	473
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	49,342	0	0	4,100
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	57,625	0	0	57,625
17	Interest...............
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	41,764	0	0	39,586
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......	59,082	0	0	49,612
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	330,081	0	0	294,457
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	1,171,332	0	0	1,042,209
25	Contributions, gifts, grants paid.......	0			0
26	Total expenses and disbursements. Add lines 24 and 25	1,171,332	0	0	1,042,209
	27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	434,648
b	Net investment income (if negative, enter -0-)		42,748
c	Adjusted net income (if negative, enter -0-)...			0

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............	3,236,523	1,673,108	1,673,108
	2	Savings and temporary cash investments.........
	3	Accounts receivable 242,287
		Less: allowance for doubtful accounts	207,946	242,287	242,287
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	89,247	112,401	112,401
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	0	List of Attached Documents: // Content 2,064,924	2,064,924
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	3,533,716	4,092,720	4,092,720
	17	Accounts payable and accrued expenses..........	58,515	91,638
	18	Grants payable.................
	19	Deferred revenue.................		68,865
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )
	23	Total liabilities (add lines 17 through 22).........	58,515	160,503
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	3,230,201	3,719,167
	25	Net assets with donor restrictions............	245,000	213,050
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	3,475,201	3,932,217
	30	Total liabilities and net assets/fund balances (see instructions).	3,533,716	4,092,720

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation	(c) Date acquired (mo., day, yr.)	(d) Date sold (mo., day, yr.)
1 a	AS REPORTED BY EDWARD JONES 8314	P	2023-02-01	2023-12-31
b	AS REPORTED BY EDWARD JONES 8215	P	2023-02-01	2023-12-31
c	AS REPORTED BY EDWARD JONES 8215	P	2023-02-01	2023-12-31
d	AS REPORTED BY EDWARD JONES 6613	P	2023-02-01	2023-12-31
e	CAPITAL GAINS DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	491,213	494,396	-3,183
b	485,133	489,324	-4,191
c	250,000	250,010	-10
d	300,000	300,000	0
e	7,286		7,286

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-3,183
b			-4,191
c			-10
d			0
e			7,286

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	-98
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 ...................		3	-7,384

1a	Exempt operating foundations described in section 4940(d)(2), check here and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	594
b	All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	594
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	594
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ..........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	34
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	628
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax	Refunded	11

(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
TARA LARSON	BOARD CHAIR 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
JIM JARRARD	TREASURER 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
MARY LLOYD	SECRETARY 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
KELLI UNDERWOOD	BOARD MEMBER 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
CALVIN CRAIG	BOARD MEMBER 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
MELISSA BOSTIC	BOARD MEMBER 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117
MEREDITH NEWMAN	EXECUTIVE DIRECTOR 40.00	99,540	15,338	0
PO BOX 5635 MOORESVILLE,NC28117
CRYSTAL RODRIGUEZ	BOARD MEMBER 1.00	0	0	0
PO BOX 5635 MOORESVILLE,NC28117

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.	Expenses
1	INTENSIVE ALTERNATIVE FAMILY TREATMENT PROGRAM - AIMED AT SERVING HIGH-RISK CHILDREN IN A FAMILY TYPE SETTING, THIS PROGRAM IS AN OPTION FOR CHILDREN WHO HAVE HAD DIFFICULTY WITH PREVIOUS TREATMENT OPTIONS AND WHO HAVE SIGNIFICANT BEHAVIORAL AND EMOTIONAL CHALLENGES OR ARE AT-RISK FOR HOSPITALIZATION OR GROUP HOME PLACEMENT.	1,125,846
2	THERAPEUTIC FOSTER CARE - TO CREATE A NETWORK OF CARE THAT ENSURES HIGH QUALITY, EVIDENCE BASED, OUTCOME DRIVEN SERVICES AND SUPPORTS. THE NETWORK SHALL ENSURE IMMEDIATE AND EASY ACCESS TO THE MOST APPROPRIATE SERVICE WITHIN THE NETWORK.	45,232
3


4

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.	Amount
1


2


All other program-related investments. See instructions.
3

		(a) Corpus	(b) Years prior to 2022	(c) 2022	(d) 2023
1 Distributable amount for 2023 from Part X, line 7					173,442
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	400,208
b From 2019......	461,440
c From 2020......	337,938
d From 2021......	374,488
e From 2022......	504,377
f Total of lines 3a through e ........		2,078,451
4Qualifying distributions for 2023 from Part
XI, line 4: $ 1,042,209
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					173,442
e Remaining amount distributed out of corpus		868,767
5 Excess distributions carryover applied to 2023.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		2,947,218
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2022. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2023. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2024 ..........					0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2018 not applied on line 5 or line 7 (see instructions) ...		400,208
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		2,547,010
10 Analysis of line 9:
a Excess from 2019....	461,440
b Excess from 2020....	337,938
c Excess from 2021....	374,488
d Excess from 2022....	504,377
e Excess from 2023....	868,767

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part IX for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2023	(b) 2022	(c) 2021	(d) 2020	(e) Total

b 85% (0.85) of line 2a .........
c Qualifying distributions from Part XI, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part IX, line 6 for each year listed ..
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Line No.	Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A	FEES COVER COSTS TO FUND THE INTENSIVE ALTERNATIVE FAMILY
1A	TREATMENT PROGRAM AND THE THERAPEUTIC FOSTER CARE NETWORK
1B	FEES COVER COSTS OF UTILIZING THE DATABASE FOR THE THERAPEUTIC
1B	FOSTER CARE NETWORK
11	INCOME PRODUCED DURING MISCELLANEOUS ACTIVITIES CARRIED ON DURING THE
11	CONDUCT OF DAILY OPERATIONS

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

(a) Name of organization	(b) Type of organization	(c) Description of relationship

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year

Total ................................. 3a				0

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aPROGRAM SERVICE FEES					1,328,330
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments ....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities ....			14	42,748
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....
6 Net rental income or (loss) from personal property
7 Other investment income .....
8 Gain or (loss) from sales of assets other than inventory ............			18	-98
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		0		42,650	1,328,330

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Name of organization RAPID RESOURCE FOR FAMILIES INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	THE DUKE ENDOWMENT 800 EAST MOREHEAD STREET CHARLOTTE, NC28202	$ 235,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

bApproved for future payment

Total ................................. 3b				0

Name of organization RAPID RESOURCE FOR FAMILIES INC		Employer identification number 27-1072166

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)


Name of organization RAPID RESOURCE FOR FAMILIES INC			Employer identification number 27-1072166
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
LORD ABBETT SH DUR HI-YLD A	AT COST	34,494	34,494
LORD ABBETT INCOME A	AT COST	70,189	70,189
LORD ABBETT TOTAL RETURN A	AT COST	70,309	70,309
LORD ABBETT BOND DEBENTURE A	AT COST	15,369	15,369
LORD ABBETT CORE FIXED INC A	AT COST	69,910	69,910
LORD ABBETT DIVIDEND GROWTH A	AT COST	50,357	50,357
JOHN HANCOCK US GROWTH A	AT COST	11,345	11,345
JH SMALL CAP CORE A	AT COST	14,090	14,090
LORD ABBETT DIVIDEND GROWTH A	AT COST	15,886	15,886
JH GOVERNMENT INCOME A	AT COST	26,176	26,176
JH DISCIPLINED VAL MID CAP A	AT COST	26,291	26,291
JH EQUITY INCOME A	AT COST	31,692	31,692
JH DISCIPLINED VALUE INTL A	AT COST	44,794	44,794
JH DISCIPLINED VALUE A	AT COST	45,998	45,998
FEDERATED TR US TRSY OBLG IS	AT COST	50,292	50,292
LORD ABBETT TOTAL RETURN A	AT COST	65,445	65,445
JH INVESTMENT GRADE BOND A	AT COST	83,753	83,753
LORD ABBETT INCOME A	AT COST	88,091	88,091
JH BALANCED A	AT COST	135,172	135,172
FEDERATED TR US TRSY OBLG IS	AT COST	229,043	229,043
FEDERATED TR US TRSY OBLG IS	AT COST	67,731	67,731
WELLS FARGO BK N A SIOUX FALLS	AT COST	236,858	236,858
BANK INDIA NEW YORK BRH	AT COST	101,047	101,047
CITIZENS BK NA PROVIDENCE RI	AT COST	103,202	103,202
SANTANDER BK NATL ASSN	AT COST	49,941	49,941
CHARLES SCHWAB BK SSB WESTLAKE	AT COST	49,975	49,975
COASTAL CAROLINA NATL BK	AT COST	43,987	43,987
PEOPLES EXCHANGE BK WINCHESTER	AT COST	5,998	5,998
NATIONAL COOP BK N A HILLSBORO	AT COST	17,004	17,004
BANK OF CHINA NEW YORK CITY	AT COST	14,003	14,003
STATE BK INDIA CHICAGO III	AT COST	5,003	5,003
MIZRAHI TEFAHOT BK LTD LOS	AT COST	15,010	15,010
BMO BK NATL ASSN CICAGO III	AT COST	6,004	6,004
BANK OF CHINA NEW YORK CITY	AT COST	75,094	75,094
BANK INDIA NEW YORK BRH	AT COST	15,021	15,021
DISCOVER BK GREENWOOD DEL	AT COST	13,004	13,004
NORWAY SVGS BK ME	AT COST	14,993	14,993
INSURED BANK DEPOSIT	AT COST	52,139	52,139
INSURED BANK DEPOSIT	AT COST	144	144
INSURED BANK DEPOSIT	AT COST	70	70

Description	Revenue and Expenses per Books	Disbursements for Charitable Purposes
OFFICE EXPENSES	13,797	7,233
INFORMATION TECHNOLOGY	13,265	10,114
INSURANCE	10,208	3,501
RECRUITING	255	95
OUTSIDE SERVICES	4,988	415
RESEARCH	266,950	266,950
STAFF APPRECIATION	961	504
BAD DEBT EXPENSE	2,250	1,180
FACILITY LEASE	1,204	631
MISCELLANEOUS EXPENSE	7,314	3,834
DUES & SUBSCRIPTIONS	8,729	0
ADVERTISING	160	0

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