Rock Cf Foundation FY2021 filing

Tax-deductible

Detroit, MI501(c)(3)Foundations & GrantmakersEIN 13-4358351Revenue $210K in FY2021

On file with the IRSletsrockcf.org684 W Baltimore St Ste 101, 48202-2930 · Detroit, MITax-exempt since Aug 2007Publicly supported charity — 170(b)(1)(A)(vi)

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Heighten public awareness and raise funds to improve the quality of life for patients living with cystic fibrosis.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $137 a year · under 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 5.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$21K
21% of total assets
Looks good: liabilities are 21% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$210K
+37% vs prior year
Spent
$148K
To programs
88%
Net assets
$76K
By yearFY2020–FY2024
Revenue
$210K
FY2021▲ +37%
Tap a bar for its year
Revenue by fiscal year
FY2020$154K
FY2021$210K
FY2022$373K
FY2023$214K
FY2024$335K
Expenses
$148K
FY2021▼ -16%
Tap a bar for its year
Expenses by fiscal year
FY2020$177K
FY2021$148K
FY2022$331K
FY2023$259K
FY2024$369K
Net assets
$76K
FY2021▲ +432%
Tap a bar for its year
Net assets by fiscal year
FY2020$14K
FY2021$76K
FY2022$117K
FY2023$72K
FY2024$38K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2007.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $130K Management & general 11% · $16K Fundraising 1% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
President/Ce
$0Pt VII · Sec A

Emily Schaller’s $82K as President/Ce is at the 75th percentile of top reported officer pay among 1264 $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.

See Rock Cf Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Raises funds and awareness to improve the lives of cystic fibrosis patients.

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Provided by the organization

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2 programs · $124K · in their own filed words · FY2021
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.

$95Kprogram expense
02

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

$29Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

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
Individual RecipientFY2023$22,750
Unitemized GrantFY2022$45,232
Unitemized GrantFY2022$24,625
Unitemized GrantFY2021$22,346
Unitemized GrantFY2021$6,511
Unitemized GrantFY2020$22,247
Individual RecipientFY2020$19,000
EmpowerFY2020$6,988

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$210K
Ln 12
Gifts and grantsLn 1h$121K
Other incomeLn 4–11$89K
Money outPt IX
$148K
Ln 25
Programscol B$130K
Managementcol C$16K
Fundraisingcol D$2K
Owns and owesPt X
$76K
net assets · Ln 32
Cash and savingsLn 1–2$72K
Total assetsLn 16$96K
LiabilitiesLn 26$21K
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$121K
Fundraising eventsLn 1c$1K
Other incomeLn 4–11$89K
Total revenueLn 12$210K
Assets in detailPt X, end of year
CashLn 1$72K
Cash and savings togetherLn 1–2$72K
Other assetsLn 15$24K
Total assetsLn 16$96K
LiabilitiesLn 26$21K
Net assetsLn 32$76K
OperationsPt I, VI
EmployeesI 52
VolunteersI 625
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$37K$72K
Total assetsLn 16$37K$96K
LiabilitiesLn 26$23K$21K
Net assetsLn 32$14K$76K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Grants to domestic individualsLn 2$29K$29K
Other salaries and wagesLn 7$68K$55K$14K
Payroll taxesLn 10$7K$6K$1K
Accounting feesLn 11c$6K$5K$1K
Professional fundraising feesLn 11e$2K$2K
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$189$189
Advertising and promotionLn 12$401$401
Office expensesLn 13$14K$14K
OccupancyLn 16$7K$7K
TravelLn 17$207$207
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$1K$1K
Total functional expensesLn 25$148K$130K$16K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $335K$369K−$34K$38K 990 PDF
FY2023 $214K$259K−$45K$72K 990 PDF
FY2022 $373K$331K$42K$117K 990 PDF
FY2021 Viewing $210K$148K$61K$76K 990 PDF
FY2020 $154K$177K−$23K$14K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $209,885 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $90,941$120,631
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenuePrior year $62,702$89,254
I-12 Total revenuePrior year $153,643$209,885
I-13 Grants and similar amounts paidPrior year $49,235$35,157
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $85,113$75,401
I-16a Professional fundraising feesPrior year $975$1,950
I-17 Other expensesPrior year $41,415$35,955
I-18 Total expensesPrior year $176,738$148,463
I-19 Revenue less expensesPrior year −$23,095$61,422
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $209,885 across 5 lines filed
Lines not itemized here account for $59,591 of total revenue; see the IRS return.
VIII-1c Fundraising events$1,175
VIII-1f All other contributions, gifts and grants$119,456
VIII-1h Total contributions, gifts and grants$120,631
VIII-8 Net income from fundraising events$29,663
VIII-12 Total revenueRelated to mission $59,591$209,885
Part IX · Statement of functional expenses $148,463 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $6,300$6,300
IX-2 Grants to domestic individualsPrograms $28,857$28,857
IX-7 Other salaries and wagesPrograms $54,655 · Management $13,664$68,319
IX-10 Payroll taxesPrograms $5,666 · Management $1,416$7,082
IX-11c Accounting feesPrograms $4,800 · Management $1,200$6,000
IX-11e Professional fundraising feesFundraising $1,950$1,950
IX-11f Investment management feesPrograms $1,880$1,880
IX-11g Other fees for servicesPrograms $189$189
IX-12 Advertising and promotionPrograms $401$401
IX-13 Office expensesPrograms $13,877$13,877
IX-16 OccupancyPrograms $7,314$7,314
IX-17 TravelPrograms $207$207
IX-19 Conferences, conventions and meetingsPrograms $5,037$5,037
IX-20 InterestPrograms $1,050$1,050
IX-25 Total functional expensesPrograms $130,233 · Management $16,280 · Fundraising $1,950$148,463
Part X · Balance sheet $96,173 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $37,140$71,914
X-15 Other assets$24,259
X-16 Total assetsStart of year $37,140$96,173
X-25 Other liabilitiesStart of year $22,909$20,520
X-26 Total liabilitiesStart of year $22,909$20,520
X-32 Total net assets or fund balancesStart of year $14,231$75,653
X-33 Total liabilities and net assetsStart of year $37,140$96,173
Part XI · Reconciliation of net assets $75,653 net assets at year end
XI-1 Total revenue$209,885
XI-2 Total expenses$148,463
XI-3 Revenue less expenses$61,422
XI-4 Net assets at start of year$14,231
XI-10 Net assets at end of year$75,653

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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