Rfs Charitable Foundation
- Assets
- $7.3m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 66
- Location
- Toledo, OH
- Founding
- 05/2014
- Data as of
- 12/2021
- EIN
- 46-3924445
Organization Overview
Rfs Charitable Foundation is located in Toledo, OH. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Rfs Charitable Foundation employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rfs Charitable Foundation 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 12/2021, Rfs Charitable Foundation generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $9.8m during the year ending 12/2021. While expenses have increased by 23.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MENTAL HEALTH CASE MANAGEMENT AND SUBSTANCE ABUSE COUNSELING TO MIDDLE AND HIGH SCHOOL STUDENTS IN THE CITY OF TOLEDO AND THROUGHOUT NORTHWEST OHIO. THE ORGANIZATION WILL PROVIDE AFTER-SCHOOL COUNSELING SERVICES AND WORK IN CONJUNCTION WITH THE JUVENILE TREATMENT COURT FOR LUCAS COUNTY, OHIO TO ASSIST AT-RISK STUDENTS IN THE CITY OF TOLEDO. THE ORGANIZATION WIL ALSO OFFER TUTORING SERVICES FOR STUDENTS WHO STRUGGLE ACADEMICALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ENGAGING YOUTH AND PROVIDING CASE MANAGEMENT AND SUBSTANCE ABUSE COUNSELING TO MIDDLE AND HIGH SCHOOL STUDENTS IN THE CITY OF TOLEDO AND THROUGHOUT NORTHWEST OHIO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keary Sarabia Trustee | OfficerTrustee | 40 | $298,412 |
Eric Williams Director | Trustee | 5 | $0 |
Bud Hite Director | Trustee | 5 | $0 |
Carolyn Yenrick Director | Trustee | 5 | $0 |
Julie Gault Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,174,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $482,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,656,449 |
| Total Program Service Revenue | $9,569,165 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,225,614 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $298,412 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,358,329 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,092,311 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,893 |
| Advertising and promotion | $100,008 |
| Office expenses | $62,136 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $304,777 |
| Travel | $52,715 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,015 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,789 |
| Insurance | $43,077 |
| All other expenses | $35,438 |
| Total functional expenses | $9,805,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,566,408 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,029,495 |
| 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 | $10,550 |
| Net Land, buildings, and equipment | $249,756 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $417,713 |
| Total assets | $7,273,922 |
| Accounts payable and accrued expenses | $1,256,587 |
| 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 | $176,244 |
| Total liabilities | $1,432,831 |
| Net assets without donor restrictions | $5,841,091 |
| Net assets with donor restrictions | $0 |
| 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 | $7,273,922 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rfs Charitable Foundation Toledo, OH | $7,273,922 | $11,225,614 |
The Lebron James Family Foundation Akron, OH | $17,485,828 | $12,709,442 |
Pocono Services For Families And Children Inc East Stroudsburg, PA | $5,666,674 | $5,697,584 |
Tate Monroe Water Assn Inc New Richmond, OH | $29,411,991 | $5,084,515 |
Progress Michigan Education Lansing, MI | $1,376,107 | $841,661 |
Onecommunity Cleveland, OH | $10,370,909 | $1,306 |
Delta Area Transit Authority Escanaba, MI | $1,938,922 | $2,269,524 |
Monroe County United Ministries Inc Bloomington, IN | $2,769,488 | $2,039,215 |
Municipal Risk Management Inc Sewickley, PA | $1,866,015 | $1,889,170 |
Circuit Clerks Trust For Life Inc Louisville, KY | $1,495,944 | $1,535,006 |
Conservative Mennonite Financial Lebanon, PA | $46,104,322 | $1,303,669 |
Central Ohio Public Market Authority Dublin, OH | $183,043 | $435,513 |