Rock Cf Foundation EIN 13-4358351

Rock Cf Foundation

EIN  13-4358351 Public foundation / grantmaker Detroit, MI
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Raises funds and awareness to improve the lives of cystic fibrosis patients.
Leadership
Emily Schaller · President/Ce · $82K
Money in and out
$335K revenue, $369K expenses
Bottom line
88% program efficiency

Raises funds and awareness to improve the lives of cystic fibrosis patients. For fiscal year 2024 it reported $335K in revenue, $369K in expenses, and $38K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$369K
Pt IX · Ln 25
Net assets
$38K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$34K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program efficiency
88%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
1.9mo
months of highly liquid reserves at operating expense rate▼ -34% vs prior filing year
Surplus margin
-10%
revenue over expenses, this year▲ +51% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$335K
FY2024▲ +56%
Expenses
$369K
FY2024▲ +42%
Total assets
$96K
FY2024▲ +10%
Total liabilities
$58K
FY2024▲ +286%
Total revenue
$335K
Pt VIII · Ln 12
Total expenses
$369K
Pt IX · Ln 25
Net assets
$38K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$34K
Total assetsPt X · Ln 16$96K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

4 program services account for $652K of program spending, described in the organization's own filed words · FY2024.
01

The organization carries on various running, biking and fitness events which it charges a fee to the participants. The most significant of these events is a half marathon in march.

$316Kprogram expense
02

The organization carries on various running, biking and fitness events which it charges a fee to the participants. The most significant of these events is a half marathon in march.

$316Kprogram expense
03

The organization purchases running shoes and race registrations for people with cystic fibrosis to encourage an active lifestyle.

$10Kprogram expense
04

The organization purchases running shoes and race registrations for people with cystic fibrosis to encourage an active lifestyle.

$10Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRock Cf Foundation
EINHdr · item D13-4358351
Principal addressHdr · item CDetroit, MI
WebsiteHdr · item Jwww.letsrockcf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T120)
Ruling yearIRS BMFAug 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Ce
$81,500Pt VII · Sec A
President/Ce
$81,500Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
Board Secret
$0Pt VII · Sec A
Board Truste
$0Pt VII · Sec A
Board Truste
$0Pt VII · Sec A
Board Truste
$0Pt VII · Sec A
Board Truste
$0Pt VII · Sec A

Emily Schaller’s $82K as President/Ce is at the 75th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2020
Emily Schaller$81,500$69,500

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$273K · 81%
Contributions & grants$48K · 14%
Other revenue$14K · 4%
Program service revenue81%$273K
Contributions & grants14%$48K
Other revenue4%$14K
Total revenueLn 12$335K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.07 Fundraising $0.05
Program services88%$326K
Management & general7%$25K
Fundraising5%$18K
Total functional expensesLn 25$369K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$96K
Total liabilitiesLn 26$58K
Total net assetsLn 32$38K
Months of cash on handcomputed1.9

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $369K
1.9 months
Where the money goes
Program services
Program services $326K · Total expenses $369K
88%
Management & General
Management & general $25K · Total expenses $369K
7%
Fundraising
Fundraising $18K · Total expenses $369K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $13K · Solicited contributions (3-yr avg) $164K
$0.08 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $48K · Total revenue $335K
14%
Government reliance
Government grants — · Total revenue $335K
Earned-income share
Program service revenue $273K · Total revenue $335K
81%
Investment reliance
Investment income $0 · Total revenue $335K
0%
Program self-sufficiency
Program service revenue $273K · Total expenses $369K
74%
Growth & trend
Revenue growth (YoY)
This year $335K · Prior year $214K
+56%
Revenue CAGR
FY2020 $154K · FY2024 $335K
+21%
Net-asset trend (YoY)
End of year $38K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $335K · Expenses $369K
-10%
Liabilities-to-Assets
Total liabilities — · Total assets $96K
Net-asset ratio
Net assets $38K · Total assets $96K
40%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $96K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Emily Schaller · Reported title PRESIDENT/CE · Highest reported compensation $82K · Total expenses $369K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $160K · Total expenses $369K
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 7%
Fundraising cost ratio 37%
Revenue growth 56%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 10 grants · $190K · 2020–2024
Unitemized GrantFY2024$10,245
Unitemized GrantFY2024$10,245
Miscellaneous OrganizationsFY2023$22,750
Unitemized GrantFY2022$45,232
Unitemized GrantFY2022$24,625
Unitemized GrantFY2021$22,346
Unitemized GrantFY2021$6,511
Unitemized GrantFY2020$22,247
Cystic Fibrosis -Great StridesFY2020$19,000
EmpowerFY2020$6,988

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$335K revenue · viewing · ⤓ 990 PDF
FY2023$214K revenue · ⤓ 990 PDF
FY2022$373K revenue · ⤓ 990 PDF
FY2021$210K revenue · ⤓ 990 PDF
FY2020$154K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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