PLATINUM2023

ROC SOLID FOUNDATION INC

Building hope for kids fighting cancer

aka Roc Solid Foundation   |   Chesapeake, VA   |  www.rocsolidfoundation.org
GuideStar Charity Check

ROC SOLID FOUNDATION INC

EIN: 26-4082283


Mission

To build hope for every child and family fighting pediatric cancer.

Ruling year info

2009

Chief Play Officer

Eric Newman

Main address

5164 West Military Highway Suite 100

Chesapeake, VA 23321 USA

Show more contact info

EIN

26-4082283

Subject area info

Cancers

Family services

Population served info

Children and youth

Families

NTEE code info

Family Services (P40)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

To build hope for all 16,000 children and families diagnosed with pediatric cancer each year through our Ready Bag and Playset programs each year.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Roc Solid Ready Bags and Playsets

Our mission is to build hope for every child and family fighting pediatric cancer. We provide Ready Bags to families just after diagnosis and surprise kids with backyard playsets during treatment.

Population(s) Served
Families
Children and youth

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of children served

This metric is no longer tracked.
Totals By Year
Related Program

Roc Solid Ready Bags and Playsets

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of products distributed

This metric is no longer tracked.
Totals By Year
Related Program

Roc Solid Ready Bags and Playsets

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our goal is provide over 3500 Ready Bags and 380 Backyard Playsets in 2023 to kids and families fighting pediatric cancer.

To increase our corporate, sponsor and individual donations to fund our 2023 Ready Bag and Playset programs.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to ensure people feel comfortable being honest with us, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

ROC SOLID FOUNDATION INC
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

20.47

Average of 44.66 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

5.8

Average of 5.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

0%

Average of 8% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

ROC SOLID FOUNDATION INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

ROC SOLID FOUNDATION INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

ROC SOLID FOUNDATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of ROC SOLID FOUNDATION INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $102,589 $337,372 $458,137 $556,077 $81,841
As % of expenses 9.4% 23.1% 25.9% 23.7% 2.5%
Unrestricted surplus (deficit) after depreciation $87,042 $316,889 $436,417 $533,439 $59,270
As % of expenses 7.9% 21.4% 24.4% 22.5% 1.8%
Revenue composition info
Total revenue (unrestricted & restricted) $1,188,867 $1,796,632 $1,998,071 $2,915,723 $3,369,125
Total revenue, % change over prior year 20.3% 51.1% 11.2% 45.9% 15.6%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.1% 0.1% 0.1% 0.1% 0.0%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 99.6% 99.7% 99.6% 100.0% 100.0%
Other revenue 0.3% 0.1% 0.4% 0.0% 0.0%
Expense composition info
Total expenses before depreciation $1,086,278 $1,462,097 $1,767,090 $2,350,858 $3,287,284
Total expenses, % change over prior year 36.8% 34.6% 20.9% 33.0% 39.8%
Personnel 30.2% 28.4% 25.8% 34.7% 26.7%
Professional fees 3.2% 2.5% 2.3% 10.5% 1.7%
Occupancy 4.4% 2.6% 1.5% 1.0% 1.0%
Interest 0.0% 0.1% 0.1% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 62.2% 66.4% 70.3% 53.7% 70.5%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,101,825 $1,482,580 $1,788,810 $2,373,496 $3,309,855
One month of savings $90,523 $121,841 $147,258 $195,905 $273,940
Debt principal payment $0 $0 $4,975 $16,715 $0
Fixed asset additions $56,805 $58,726 $0 $54,001 $0
Total full costs (estimated) $1,249,153 $1,663,147 $1,941,043 $2,640,117 $3,583,795

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 4.3 5.3 7.4 8.1 5.8
Months of cash and investments 4.3 5.3 7.4 8.1 5.8
Months of estimated liquid unrestricted net assets 4.3 5.7 7.8 8.3 6.2
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $387,117 $644,403 $1,085,427 $1,589,765 $1,592,768
Investments $0 $0 $0 $0 $7,037
Receivables $3,500 $9,094 $13,500 $17,308 $27,767
Gross land, buildings, equipment (LBE) $108,174 $140,605 $144,431 $188,127 $197,473
Accumulated depreciation (as a % of LBE) 35.8% 23.4% 41.1% 38.1% 45.2%
Liabilities (as a % of assets) 6.4% 2.7% 2.7% 4.1% 4.2%
Unrestricted net assets $0 $0 $0 $0 $0
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $458,248 $775,137 $1,211,554 $1,744,993 $1,804,263

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Chief Play Officer

Eric Newman

Eric Newman founded Roc Solid Foundation in 2009 after surviving pediatric cancer and losing two first cousins to the disease. The organization builds hope for kids fighting cancer and is best known for surprising them with brand new playsets in their backyards and also providing Roc Solid Ready Bags to families when they first hear the devastating news of their child's cancer diagnosis.

Number of employees

Source: IRS Form 990

ROC SOLID FOUNDATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

ROC SOLID FOUNDATION INC

Board of directors
as of 08/11/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Emily Farley

Atlantic Bay Mortgage Group

Term: 2023 -


Board co-chair

Larry Taylor

CBT Integrated Logistics LLC; GSI Warehousing Inc.

Term: 2023 -

Megan Korving

Nanesmond-Suffolk Academy

Phil Smith III

TowneBank

Eric Newman

Roc Solid Foundation

Dustin Williams

MacQueen Equipment Co

Mark Mizelle

ITM Construction, Inc ITM LLC, and Pinner Street Investments

Ted Quinn

Health Research of Hampton Roads

Chris Wilkerson

Ethika

John McCormick

McCormick Law & Consulting

Kandi Deitemeyer

Central Piedmont Community College

Chris Wilkerson

Ethika

Todd Joyce

Rodgers Builders, Inc