Richmond-Ermet Foundation
- Assets
- $197.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- San Francisco, CA
- Founding
- 12/1995
- Data as of
- 12/2021
- EIN
- 94-3232222
Organization Overview
Richmond-Ermet Foundation is located in San Francisco, CA. The organization was established in 1995. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richmond-Ermet 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, Richmond-Ermet Foundation generated $183.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $193.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Richmond-Ermet Foundation has awarded 27 individual grants totaling $643,544. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE RICHMOND/ERMET AID FOUNDATION (REAF) IS A NON-PROFIT ORGANIZATION DEDICATED TO RAISING FUNDS FOR HIV/AIDS SERVICES, HUNGER PROGRAMS AND PROGRAMS FOR UNDERSERVED YOUTH IN THE SAN FRANCISCO BAY AREA. FUNDING CUTS TO HIV/AIDS SERVICES ARE ON THE RISE. OUR MISSION IS TO RAISE FUNDS THROUGH QUALITY ENTERTAINMENT EVENTS TO HELP FILL THAT FUNDING GAP TO ENSURE LIFE-SUSTAINING SERVICES CONTINUE TO BE AVAILABLE FOR THE THOUSANDS OF MEN, WOMEN AND CHILDREN LIVING WITH OR AT RISK OF HIV/AIDS.DUE TO INCREASING NEED FOR SUPPORT, WE HAVE EXPANDED OUR SCOPE TO SUPPORT HUNGER PROGRAMS AND PROGRAMS FOR HOMELESS AND UNDER SERVED YOUTH IN THE SAN FRANCISCO BAY AREA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Henderson Executive Direc | 40 | $60,000 | |
Emmanuel Santos CFO | 6 | $0 | |
Patrick Gallineaux Director | 6 | $0 | |
Joseph Seiler President | 10 | $0 | |
Cameron Stiehl Director | 6 | $0 | |
Sophie Azoaou Director | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $183,577 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,577 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,702 |
| Professional fees and other payments to independent contractors | $10,865 |
| Occupancy, rent, utilities, and maintenance | $7,877 |
| Printing, publications, postage, and shipping | $1,399 |
| Other expenses | $52,318 |
| Total expenses | $192,961 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $194,128 |
| Other assets | $0 |
| Total assets | $197,273 |
| Total liabilities | $108,366 |
| Net assets or fund balances | $88,907 |
Grants Awarded
Over the last fiscal year, Richmond-Ermet Foundation has awarded $136,330 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: SUPPORT PROGRAM | $38,122 |
San Francisco, CA PURPOSE: SUPPORT PROGRAM | $36,618 |
New York, NY PURPOSE: AIDS SERVICES | $32,262 |
San Rafael, CA PURPOSE: AIDS SERVICES | $15,234 |
San Francisco, CA PURPOSE: SUPPORT PROGRAM | $14,094 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Richmond-Ermet Foundation has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
Delta Dental Of California San Francisco, CA PURPOSE: YEAR LONG SPONSORSHIP | $25,000 |
Mcnabb Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barrow Neurological Foundation Phoenix, AZ | $175,375,850 | $31,938,606 |
Bert Broday Jr Trust Fbo The American Heart Association Las Vegas, NV | $13,019,503 | $1,244,998 |
Friends Of@ren Xue International Inc Orinda, CA | $140,566 | $687,725 |
Assist Portland, OR | $150,605 | $428,902 |
Joe & Emmy Liu Foundation Fremont, CA | $5,814,185 | $4,641,979 |
Until Theres A Cure Foundation Woodside, CA | $284,213 | $229,827 |
L Casey Trust Fbo Rosary Hill Home & St Joseph For Blind 233010t Las Vegas, NV | $3,035,120 | $352,414 |
Richmond-Ermet Foundation San Francisco, CA | $197,273 | $0 |
William J Maurer 4947-Ir-Tua Fbo Cancer Ins 1519163207 Las Vegas, NV | $2,063,665 | $226,870 |
Graves Disease And Thyroid Foundation Inc Rancho Santa Fe, CA | $143,178 | $105,726 |
Fields Lilian T Ua Las Vegas, NV | $1,036,473 | $73,560 |
Sherie Hildreth Ovarian Cancer Foundation Gladstone, OR | $250,094 | $86,792 |