Rock Cf Foundation FY2023 filing

Tax-deductible

Detroit, MI501(c)(3)Foundations & GrantmakersEIN 13-4358351Revenue $214K in FY2023

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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.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.9 months of spending in cash; 1 to 3.
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
$15K
17% of total assets
Looks good: liabilities are 17% 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
$214K
-42% vs prior year
Spent
$259K
To programs
83%
Net assets
$72K
By yearFY2020–FY2024
Revenue
$214K
FY2023▼ -42%
Revenue by fiscal year
FY2020$154K
FY2021$210K
FY2022$373K
FY2023$214K
FY2024$335K
Expenses
$259K
FY2023▼ -22%
Expenses by fiscal year
FY2020$177K
FY2021$148K
FY2022$331K
FY2023$259K
FY2024$369K
Net assets
$72K
FY2023▼ -38%
Net assets by fiscal year
FY2020$14K
FY2021$76K
FY2022$117K
FY2023$72K
FY2024$38K

From the FY2023 Form 990 · see the original

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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

83 cents of each dollar spent went to programs.

Program services 83% · $215K Management & general 13% · $33K Fundraising 4% · $11K

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.

Provided by the organization

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2 programs · $213K · in their own filed words · FY2023
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.

$182Kprogram expense
02

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

$31Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$214K
Ln 12
Gifts and grantsLn 1h$150K
Other incomeLn 4–11$45K
Fees for servicesLn 2g$18K
Money outPt IX
$259K
Ln 25
Programscol B$215K
Managementcol C$33K
Fundraisingcol D$11K
Owns and owesPt X
$72K
net assets · Ln 32
Cash and savingsLn 1–2$63K
Total assetsLn 16$87K
LiabilitiesLn 26$15K
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$150K
Fundraising eventsLn 1c$121K
Fees for servicesLn 2g$18K
Other incomeLn 4–11$45K
Total revenueLn 12$214K
Assets in detailPt X, end of year
CashLn 1$63K
Cash and savings togetherLn 1–2$63K
Other assetsLn 15$24K
Total assetsLn 16$87K
LiabilitiesLn 26$15K
Net assetsLn 32$72K
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 FY23End FY23
Cash and savingsLn 1–2$100K$63K
Total assetsLn 16$124K$87K
LiabilitiesLn 26$7K$15K
Net assetsLn 32$117K$72K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$23K$23K
Other salaries and wagesLn 7$140K$112K$28K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$11K$9K$2K
Accounting feesLn 11c$11K$10K$637
Investment management feesLn 11f$2K$2K
Other fees for servicesLn 11g$8K$562$7K
Advertising and promotionLn 12$4K$2K$2K
Office expensesLn 13$16K$14K$3K
OccupancyLn 16$9K$9K
TravelLn 17$17K$17K
Conferences, conventions and meetingsLn 19$3K$3K
InsuranceLn 23$3K$2K$2K
Other expenses (24a–d)Ln 24$8K$8K
Total functional expensesLn 25$259K$215K$33K$11K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $335K$369K−$34K$38K 990 PDF
FY2023 Viewing $214K$259K−$45K$72K 990 PDF
FY2022 $373K$331K$42K$117K 990 PDF
FY2021 $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 FY2023 990 (6 parts)
Part I · Summary $214,245 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $294,244$150,379
I-9 Program service revenuePrior year $66,050$18,423
I-10 Investment income$0
I-11 Other revenuePrior year $12,211$45,443
I-12 Total revenuePrior year $372,505$214,245
I-13 Grants and similar amounts paidPrior year $69,857$22,750
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $165,635$154,292
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $95,304$82,299
I-18 Total expensesPrior year $330,796$259,341
I-19 Revenue less expensesPrior year $41,709−$45,096
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 $214,245 across 6 lines filed
Lines not itemized here account for −$3,747 of total revenue; see the IRS return.
VIII-1c Fundraising events$120,961
VIII-1f All other contributions, gifts and grants$29,418
VIII-1h Total contributions, gifts and grants$150,379
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,423$18,423
VIII-8 Net income from fundraising events$49,190
VIII-12 Total revenueRelated to mission $14,676$214,245
Part IX · Statement of functional expenses $259,341 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $22,750$22,750
IX-7 Other salaries and wagesPrograms $112,000 · Management $28,000$140,000
IX-9 Other employee benefitsPrograms $3,582$3,582
IX-10 Payroll taxesPrograms $8,568 · Management $2,142$10,710
IX-11c Accounting feesPrograms $10,078 · Management $637$10,715
IX-11f Investment management feesPrograms $2,293$2,293
IX-11g Other fees for servicesPrograms $562 · Fundraising $7,102$7,664
IX-12 Advertising and promotionPrograms $1,588 · Fundraising $2,136$3,724
IX-13 Office expensesPrograms $13,684 · Management $2,613$16,297
IX-16 OccupancyPrograms $8,910$8,910
IX-17 TravelPrograms $17,404$17,404
IX-19 Conferences, conventions and meetingsPrograms $3,475$3,475
IX-23 InsurancePrograms $1,662 · Fundraising $1,674$3,336
IX-24 Other expenses (24a–d)Programs $8,481$8,481
IX-25 Total functional expensesPrograms $215,037 · Management $33,392 · Fundraising $10,912$259,341
Part X · Balance sheet $87,329 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $99,905$63,070
X-15 Other assetsStart of year $24,259$24,259
X-16 Total assetsStart of year $124,164$87,329
X-25 Other liabilitiesStart of year $6,802$15,063
X-26 Total liabilitiesStart of year $6,802$15,063
X-32 Total net assets or fund balancesStart of year $117,362$72,266
X-33 Total liabilities and net assetsStart of year $124,164$87,329
Part XI · Reconciliation of net assets $72,266 net assets at year end
XI-1 Total revenue$214,245
XI-2 Total expenses$259,341
XI-3 Revenue less expenses−$45,096
XI-4 Net assets at start of year$117,362
XI-10 Net assets at end of year$72,266

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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