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Nonprofit · EIN 86-3604301

RAZE DEVELOPMENT

Tax-exempt · SPOKANE, WA 99205

Financials

$697K$208K2023$864K$141K2024
Revenue Expenses · by fiscal year end
Financials of RAZE DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$863,852$141,104$722,748$2,255,633$1,000,000$1,255,633
December 31, 2023990$697,186$207,671$489,515$1,371,979$860,071$511,908
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$863,661
of which government grants
$650,411
Program service revenue
$0
Investment income
$191
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$6,075
Salaries, compensation and benefits (total)
$6,075
Professional fundraising fees
$0
Legal fees
$10,000
Accounting fees
$994
Occupancy
$18,203
Travel
$1,832
Depreciation
$625
Program services (functional)
$132,110
Management and general (functional)
$8,994

Balance sheet and other

Total assets, start of year
$1,371,979
Total assets, end of year
$2,255,633
Total liabilities, end of year
$1,000,000
Net assets, end of year
$1,255,633
Land, buildings and equipment
$870,714
Gross receipts
$863,852
Employees
0
Volunteers
8
Year formed
2021
State of legal domicile
WA

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 / weekCompensationOther / benefits
Kimberly MylesSecretary
Trustee or director, Officer
0.5$0$6,075
Kerra BowerPresident
Trustee or director, Officer
20$0$0
Stephanie Noble Beans SrVice President
Trustee or director, Officer
0.5$0$0
Vivian McGeeTreasurer
Trustee or director, Officer
0.5$0$0
Stephaine CourtneyDirector
Trustee or director
0.5$0$0
Walter KendricksChairman
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Kerra BowerPresident
Trustee or director
20$0
Kimberly MylesSecretary
Trustee or director
0.5$0
Stephanie Noble Beans SrVice President
Trustee or director
0.5$0
Vivian McGeeTreasurer
Trustee or director
0.5$0
Stephaine CourtneyDirector
Trustee or director
0.5$0
Walter KendricksChairman
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
2015 N MONROE ST, SPOKANE, WA 99205-4542
Mailing address (990-N for 2022)
2015 N Monroe St, Spokane WA 99205
Principal officer (990-N for 2022)
Kerra Bower, 2015 N Monroe St, Spokane WA 99205
Signed the 990
Kerra Bower, President
Phone
(509) 587-3490
Return prepared by
Jasmin Group LLC

Mission

Raze Early Learning and Development Center demolishes the divisive and traumatic current narrative of the black student in education. Raze Early Learning and Development Center prioritizes family engagement and partnership by first acknowledging the parent as the cornerstone teacher. Secondly, by addressing Maslow's Hierarchy of needs-through community partnership and resources we ensure that our students are in optimal positions to reach their full potential. Through onsite culturally based mental and behavioral health supports we address the mental health disparities that students living in historically marginalized communities face. We provide culturally immersive, individualized curriculum and instruction that validates and affirms black culture. We employ culturally responsive teaching strategies that create psychologically safe environments, fosters understanding of differences, establishes self-worth and builds self-esteem, as well as create attainable high standards for our stu

990 for the year ended December 31, 2024

Program accomplishments

  • Conducting study groups, and research for a culturally appropriate child care setting.
    Expenses $83,110
  • Fiscal Sponsorship of small soon to be nonprofit organizations.
    Expenses $49,000 · revenue $49,000

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
86-3604301
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B01)
Assets (IRS master file)
$2,255,633
Income (IRS master file)
$863,852

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$863,852$141,104$2,255,633XML
990December 2023$697,186$207,671$1,371,979XML
990-N for 2022
Officer: Kerra Bower
December 31, 2022≤ $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 86-3604301).

Questions about RAZE DEVELOPMENT

What is the EIN of RAZE DEVELOPMENT?
The employer identification number (EIN) of RAZE DEVELOPMENT is 86-3604301.
Is RAZE DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to RAZE DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAZE DEVELOPMENT 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 RAZE DEVELOPMENT 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 RAZE DEVELOPMENT 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 RAZE DEVELOPMENT?
The 990-N for 2022 names Kerra Bower.
Who are the officers and directors of RAZE DEVELOPMENT?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does RAZE DEVELOPMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $863,852, expenses of $141,104 and total assets of $2,255,633 at year end.

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