Interact For Change
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 30-0065901
Organization Overview
Interact For Change is located in Cincinnati, OH. The organization was established in 2002. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interact For Change is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Interact For Change generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $522.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Interact For Change has awarded 103 individual grants totaling $5,092,763. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
INTERACT FOR CHANGE'S MISSION IS TO INSPIRE, LEAD AND SUPPORT ACTIVE GIVING AND INNOVATIVE PHILANTHROPIC SOLUTIONS THROUGH PROGRAMS LIKE FUNDING COLLABORATIVES AND SCHOLARSHIP FUNDS.
Describe the Organization's Program Activity:
RESTRICTED FUND GRANTS ARE MADE TO FURTHER THE CHARITABLE, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE RESTRICTED FUND. RESTRICTED FUNDS-DATA FOR EQUITY COLLABORATIVE: $275,000RESTRICTED FUNDS-BABIES MILK FUND: $35,000
RESTRICTED FUND EXPENSES: INCLUDE THE DAY-TO-DAY COSTS ASSOCIATED WITH RUNNING THE PROGRAMS AS WELL AS THE ADMINISTRATIVE FEES CHARGED BY INTERACT FOR CHANGE, TRUST FEES CHARGED BY CUSTODIAL BANK AND INVESTMENT ADVISOR FEES.RESTRICTED FUNDS-DATA FOR EQUITY COLLABORATIVE: $98,929RESTRICTED FUNDS-YOUTH MENTAL HEALTH COLLABORATIVE: $98,554RESTRICTED FUNDS-ADMINISTRATION FEES: $4,101RESTRICTED FUNDS-OTHER EXPENSES: $3,880
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Schroder President & CEO & Director | OfficerTrustee | 0.5 | $0 |
Chris Makaroff Director, Chair | OfficerTrustee | 2 | $0 |
Mary Ronan Director, Vice Chair | OfficerTrustee | 2 | $0 |
Jeanette Altenau Director | Trustee | 1 | $0 |
Michael Chasnoff Director | Trustee | 1 | $0 |
Denisha Porter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $230,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $912,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,142,500 |
| Total Program Service Revenue | $4,101 |
| Investment income | $34,397 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,872 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,189,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $310,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $522,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $925,689 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,466 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $296,210 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,225,365 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $127,631 |
| Net assets with donor restrictions | $1,097,734 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,225,365 |
Grants Awarded
Over the last fiscal year, Interact For Change has awarded $310,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL MEDICAL CENTER - PERINATAL INSTITUTE PURPOSE: RESTRICTED FUND GRANT | $10,000 |
GOOD SAMARITAN HOSPITAL FOUNDATION PURPOSE: RESTRICTED FUND GRANT | $25,000 |
A PICTURE'S WORTH INC PURPOSE: RESTRICTED FUND GRANT | $25,000 |
BRIGHTON CENTER INC PURPOSE: RESTRICTED FUND GRANT | $25,000 |
FOUND VILLAGE PURPOSE: RESTRICTED FUND GRANT | $25,000 |
GIRLS HEALTH PERIOD PURPOSE: RESTRICTED FUND GRANT | $25,000 |