Free Foundation For Rehabilitation Equipment & Endowment is located in Roanoke, VA. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Free Foundation For Rehabilitation Equipment & Endowment employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Free Foundation For Rehabilitation Equipment & Endowment 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, Free Foundation For Rehabilitation Equipment & Endowment generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.3% 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
TO PROVIDE HOME MEDICAL EQUIPMENT AND OTHER REHABILITATIVE EQUIPMENT TO INDIVIDUALS WHEN NOT AVAILABLE BY OTHER PUBLIC OR PRIVATE SOURCES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION FOR REHABILITATION EQUIPMENT AND ENDOWMENT(FREE), TAKES IN DONATED MOBILITY RELATED REHAB EQUIPMENT, SANITIZES AND REFURBISHES IT AND GIVES IT TO THOSE IN THE COMMUNITY WHO NEED IT BUT CANNOT AFFORD IT. THIS EQUIPMENT HELPS RECIPIENTS TO MAXIMIZE THEIR FUNCTIONAL INDEPENDENCE AND IMPROVE THEIR QUALITY OF LIFE. FREE QUALIFIES THESE INDIVIDUALS BASED ON MEDICAL AND FINANCIAL NEED SO AS TO NOT DUPLICATE SERVICES. ACCORDING TO LOCAL HEALTHCARE PROVIDERS, THERE ARE ON AVERAGE 1 IN 3 ADULTS RETURNING HOME FROM STROKE, SPINAL CORD INJURY, BRAIN INJURY AND OTHER SERIOUS ILLNESSES OR ACCIDENTS WITHOUT EQUIPMENT NEEDED TO RECOVER. THIS SIGNIFICANTLY LIMITS THEIR ABILITY TO BE MOBILE, PRODUCTIVE AND INDEPENDENT IN THEIR COMMUNITIES. THIS IMPACTS NOT ONLY THE UNDERSERVED INDIVIDUALS, BUT ALSO THEIR FAMILIES AND THE COMMUNITY THEY LIVE AND WORK IN. PEOPLE WHO GO WITHOUT NEEDED MOBILITY REHABILITATION EQUIPMENT FALL MORE OFTEN. WHEN THEY FALL, THEY WIND UP IN EMERGENCY ROOMS, HOSPITALS, NURSING HOMES AND ASSISTED LIVING FACILITIES. THEY LOSE THEIR MOBILITY AND THEIR INDEPENDENCE. IF THEY ARE UNINSURED OR UNDERINSURED THE COMMUNITIES THAT THEY LIVE IN, THE HEALTHCARE SYSTEMS THAT SERVE THEM AND THE LOCAL AND STATE GOVERNMENTS THAT PROVIDE SERVICES TO THEM ALL BEAR THE COST OF THEIR LOSS. WHEN FREE GIFTS EQUIPMENT, FALLS DROP BY OVER 90%. THIS RESULTS IN EQUALLY DRAMATIC DROPS (90%) IN ER VISITS, HOSPITAL STAYS AND TRANSFERS TO EXPENSIVE NURSING HOMES AND ASSISTED LIVING FACILITIES. THOSE IN NEED REGAIN THEIR MOBILITY AND INDEPENDENCE AND VIRGINIANS SAVE MILLIONS OF DOLLARS ANNUALLY. DUE TO COVID-19, AND ALUMINUM SHORTAGES, HEALTH SYSTEMS AND HEALTH CARE WORKERS HAVE HEAVILY DEPENDED ON FREE TO SUPPORT THEIR LOW-INCOME UNDERINSUREDCLIENTS IN NEED OF MEDICAL EQUIPMENT TO BE ABLE TO RETURN SAFELY HOMEEXITING THE HOSPITAL SETTING MORE QUICKLY TO DECREASE COVID-19 EXPOSURE.BASED ON THESE OUTCOMES, ON ESTABLISHED ESTIMATES FOR HOSPITALIZATIONS ANDER VISITS DUE TO FALLS, ON EXPECTED LENGTHS OF STAY AND FACILITY COSTS,FREE HAS REVISED OUR ROI MODEL THAT PROJECTS THAT FOR EVERY 1 INVESTED IN FREE, FREE GIVES BACK OVER 84 IN EQUIPMENT AND HEALTHCARE COST SAVINGS TO THE COMMUNITIES IT SERVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Ramsey Executive Di | Officer | 40 | $66,034 |
Rich Ellis President | OfficerTrustee | 5 | $0 |
Mike Mcguire Treasurer | OfficerTrustee | 5 | $0 |
Catherine Kilbane Secretary | OfficerTrustee | 5 | $0 |
Bryan Gregory President El | OfficerTrustee | 5 | $0 |
Jim Haines Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $176,000 |
All other contributions, gifts, grants, and similar amounts not included above | $983,085 |
Noncash contributions included in lines 1a–1f | $795,502 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,159,085 |
Total Program Service Revenue | $0 |
Investment income | $3,131 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,447 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,164,663 |
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. | $71,208 |
Compensation of current officers, directors, key employees. | $14,801 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $130,548 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,524 |
Payroll taxes | $15,427 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $20,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,243 |
Office expenses | $8,548 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,960 |
Travel | $5,699 |
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 | $15,061 |
Insurance | $17,013 |
All other expenses | $1,761 |
Total functional expenses | $1,153,988 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $273,101 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $163,958 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $51,487 |
Investments—publicly traded securities | $138,255 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $626,801 |
Accounts payable and accrued expenses | $3,158 |
Grants payable | $0 |
Deferred revenue | $125,372 |
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 | $128,530 |
Net assets without donor restrictions | $372,899 |
Net assets with donor restrictions | $125,372 |
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 | $626,801 |
Over the last fiscal year, we have identified 7 grants that Free Foundation For Rehabilitation Equipment & Endowment has recieved totaling $127,997.
Awarding Organization | Amount |
---|---|
Community Foundation Serving Western Virginia Roanoke, VA PURPOSE: HUMAN SERVICES | $35,535 |
Williamsburg Community Health Foundation Inc Williamsburg, VA PURPOSE: F.R.E.E. OF WILLIAMSBURG | $26,000 |
Williamsburg Community Health Foundation Inc Williamsburg, VA PURPOSE: F.R.E.E. OF WILLIAMSBURG | $26,000 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $15,000 |
Sentara Healthcare Norfolk, VA PURPOSE: SERVICE EXPANSION | $15,000 |
Centra Health Inc Lynchburg, VA PURPOSE: Healthcare | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Economic Improvement Council Inc Edenton, NC | $4,246,156 | $20,948,013 |
Frontstream Global Fund Alexandria, VA | $871,140 | $19,414,740 |
Catholic Charities Of Tennessee Inc Nashville, TN | $6,708,389 | $19,282,106 |
Country Club Of Landfall Wilmington, NC | $36,040,032 | $19,318,350 |
Corus International Inc Baltimore, MD | $10,612,047 | $34,455 |
Commonwealth Catholic Charities Richmond, VA | $9,806,748 | $17,802,660 |
Action Pathways Inc Fayetteville, NC | $19,024,818 | $19,740,388 |
Daniel Boone Community Action Agency Inc Manchester, KY | $8,884,267 | $15,954,203 |
Southeast Tennessee Human Resource Agency Dunlap, TN | $24,351,699 | $17,068,562 |
Western Carolina Community Action Inc Hendersonville, NC | $8,009,014 | $16,309,816 |
Highland School Inc Warrenton, VA | $41,730,791 | $16,433,775 |