Mission Statement
We believe that every life deserves to be happy and meaningful. Red String provides grants to local, high impact, proven 501c3 public charities working with under-served youth to improve educational and life outcomes, assisting low-income families reach self-sufficiency, and caring for home-bound elderly persons. Red String funds projects across three priorities: Youth Education and Development, Community Services, and Elderly Care.
Financial Overview — FY 2024
$268K
Total Revenue
$55K
Total Expenses
N/A
Net Assets
3
Employees
Revenue Sources
Program Expense Ratio
N/A
Fundraising Efficiency
7.6%
Operating Reserve
N/A
Liability-to-Asset
0.0%
Revenue Diversification
N/A
Executive Compensation
$0
Impact
3 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Education grants to support disadvantaged youth to succeed in academics and life. | 80 | $400.00 | — | Per Year |
| Supporting low-income families toward self sufficiency | 150 | $100.00 | — | Per Year |
| Supporting homebound elderly to remain active, healthy, and secure. | 100 | $120.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $268K | $55K | N/A | — | 3 |
| 2023 | $376K | $38K | N/A | — | 3 |
| 2022 | N/A | N/A | N/A | — | — |
| 2021 | N/A | N/A | N/A | — | — |
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