Rose Hill Foundation EIN 20-0081638

Rose Hill Foundation

Not yet claimed Claim this org →

Raises and manages funds to provide grants for mental illness treatment programs. For fiscal year 2024 it reported $78K in revenue, $869K in expenses, and $22.7M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Birmingham, MI
Website
www.rosehillfoundation.org
Filings
5 on file (2020–2024)
Revenue
$78KFY2024
Expenses
$869K
Net assets
$22.7M
People
17
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-0081638 Public foundation / grantmaker Birmingham, MI
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Rose Hill Foundation claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
Raises and manages funds to provide grants for mental illness treatment programs.
Leadership
Money in and out
$78K revenue, $869K expenses
Bottom line
58% program efficiency
Grants paid & assets · FY2024
Total revenue
$78K
Pt VIII · Ln 12
Total expenses
$869K
Pt IX · Ln 25
Net assets
$22.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$791K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.18 Fundraising $0.23
Program efficiency
58%
of spending reaches programs▼ -32% vs prior filing year
Operating runway
310.5mo
months of highly liquid reserves at operating expense rate▲ +52% vs prior filing year
Surplus margin
-1013%
revenue over expenses, this year▼ -3869% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$78K
FY2024▼ -95%
Expenses
$869K
FY2024▼ -29%
Total assets
$22.7M
FY2024▲ +9%
Total liabilities
$26K
FY2024▼ -76%
Total revenue
$78K
Pt VIII · Ln 12
Total expenses
$869K
Pt IX · Ln 25
Net assets
$22.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$791K
Total assetsPt X · Ln 16$22.7M
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

2 program services account for $508K of program spending, described in the organization's own filed words · FY2024.
01

The primary focus of the foundation's financial support is to enable rose hill center, inc. To provide financial assistance grants to those who would otherwise be unable to participate in the rose hill center's highly effective therapeutic program for adults with mental illness.

$500Kprogram expense
02

The rose hill foundation (the "foundation") was established for the sole purpose of raising funds for, and providing support to, rose hill center, inc. In addition, the foundation's board of directors is responsible for the management of the foundation's investments.

$8Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRose Hill Foundation
EINHdr · item D20-0081638
Principal addressHdr · item CBirmingham, MI
WebsiteHdr · item Jwww.rosehillfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFSep 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rose Hill Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants1038%$810K
Total revenueLn 12$78K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.18 Fundraising $0.23
Program services58%$508K
Management & general18%$159K
Fundraising23%$202K
Total functional expensesLn 25$869K

Balance Sheet

Part X · end of year
CashLn 1$476K
Total assetsLn 16$22.7M
Total liabilitiesLn 26$26K
Total net assetsLn 32$22.7M
Months of cash on handcomputed6.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $22.5M · Operating expenses/yr $869K
310.5 months
Where the money goes
Program services
Program services $508K · Total expenses $869K
58%
Management & General
Management & general $159K · Total expenses $869K
18%
Fundraising
Fundraising $202K · Total expenses $869K
23%
Cost to raise $1
Fundraising expense (3-yr avg) $146K · Solicited contributions (3-yr avg) $1.2M
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $810K · Total revenue $78K
×11
Government reliance
Government grants — · Total revenue $78K
Earned-income share
Program service revenue $0 · Total revenue $78K
0%
Investment reliance
Investment income $-803K · Total revenue $78K
-1029%
Program self-sufficiency
Program service revenue $0 · Total expenses $869K
0%
Growth & trend
Revenue growth (YoY)
This year $78K · Prior year $1.7M
-95%
Revenue CAGR
FY2020 $1.5M · FY2024 $78K
-53%
Net-asset trend (YoY)
End of year $22.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $78K · Expenses $869K
-1013%
Liabilities-to-Assets
Total liabilities — · Total assets $22.7M
Net-asset ratio
Net assets $22.7M · Total assets $22.7M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $16.6M · Other securities (Pt X, ln 12) $5.4M · Total assets (Pt X, ln 16) $22.7M
97%
People & payroll
Highest Reported Total Compensation
Individual J Thomas Macfarlane · Reported title CHAIR · Highest reported compensation $0 · Total expenses $869K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $869K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 18%
Fundraising cost ratio 25%
Revenue growth -95%
Investment management fee ratio 0.4%

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
See all 8 funders →
Grants paid · 5 grants · $2.3M · 2020–2024
Rose Hill Center INCMI · FY2024$500,000
Rose Hill Center INCMI · FY2023$1,050,000
Rose Hill Center INCMI · FY2022$500,000
Rose Hill Center INCMI · FY2021$60,000
Rose Hill Center INCMI · FY2020$200,000

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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)$78K revenue · viewing · ⤓ 990 PDF
FY2023$1.7M revenue · ⤓ 990 PDF
FY2022$952K revenue · ⤓ 990 PDF
FY2021$2.6M revenue · ⤓ 990 PDF
FY2020$1.5M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.