Reliant Foundation INC FY2021 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

To improve the health and well-being of individuals of all ages in the central and metrowest regions of massachusetts.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
$134K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $256K a year · 20% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$134K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $31.1M in investments, Pt X · Ln 11–13
Looks good: 6.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $14K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$27K
0.09% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.7M
+397% vs prior year
Spent
$1.4M
To programs
57%
Net assets
$32.0M
By yearFY2020–FY2025
Revenue
$1.7M
FY2021▲ +397%
Tap a bar for its year
Revenue by fiscal year
FY2020$341K
FY2021$1.7M
FY2022$445K
FY2023$695K
FY2024$2.5M
FY2025$2.0M
Expenses
$1.4M
FY2021▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.4M
FY2022$1.5M
FY2023$1.5M
FY2024$1.7M
FY2025$1.8M
Net assets
$32.0M
FY2021▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$30.6M
FY2021$32.0M
FY2022$25.9M
FY2023$27.7M
FY2024$28.8M
FY2025$31.7M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1988.

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

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $800K Management & general 35% · $492K Fundraising 8% · $106K

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

Something off? Claim to add context

Who runs it and what they're paid

16 people listed on the 990; $134K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$133,689Pt VII · Sec A
Vice Board Chair
$0Pt VII · Sec A
2nd Vice Board Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Kelsa Zereski’s $154K as President is at the 40th percentile of top reported officer pay among 360 $1–10M medical research 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Kelsa Zereski$154,236$148,460$145,383$140,768$133,689$149,296

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 Reliant Foundation INC executive salaries →

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 15aYes

Programs and updates

Improves health and well-being for all ages in Central and Metrowest Massachusetts.

Questions for Reliant Foundation INC

Tap to ask. Reliant Foundation INC sees how many people are interested.

Your first name shows with your question. Reliant Foundation INC answers here, for everyone.

1 program · $800K · in their own filed words · FY2021
01

Support of community health and wellness programs that improve the health status of the population, especially the youth and the economically DISADVANTAGED.SUPPORT community grants focused on youth mental health and behavioral health and helping individuals reach recovery from substance use disorder.

$800Kprogram 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$14K
Grants paid · 317 grants · $5.3M · 2020–2025
Advocates INCMA · FY2025$50,000
Veterans INCMA · FY2025$30,000
Revive of the USA INCMA · FY2025$30,000
Gaamha INCMA · FY2025$30,000
Casa Project INCMA · FY2025$30,000
Abby Kelley Foster House INCMA · FY2025$30,000
Community Healthlink (chl)MA · FY2025$29,000
Senior Connections INCMA · FY2025$26,000
Riverside Community Care INCMA · FY2025$25,000
Rise Above FoundationMA · FY2025$25,000
See all 317 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.7M
Ln 12
Investment incomeLn 3$1.4M
Gifts and grantsLn 1h$278K
Money outPt IX
$1.4M
Ln 25
Programscol B$800K
Managementcol C$492K
Fundraisingcol D$106K
Owns and owesPt X
$32.0M
net assets · Ln 32
Cash and savingsLn 1–2$723K
Total assetsLn 16$32.0M
LiabilitiesLn 26$27K
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$278K
Fundraising eventsLn 1c$128K
Investment incomeLn 3$1.4M
Gains on assetsLn 7$657K
Total revenueLn 12$1.7M
Assets in detailPt X, end of year
CashLn 1$111K
SavingsLn 2$611K
Cash and savings togetherLn 1–2$723K
InvestmentsLn 11–13$31.1M
Land, buildings, equipmentLn 10c$3K
Total assetsLn 16$32.0M
LiabilitiesLn 26$27K
Net assetsLn 32$32.0M
OperationsPt I, VI
EmployeesI 55
VolunteersI 6100
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$688K$723K
InvestmentsLn 11–13$29.8M$31.1M
Land, buildings, equipmentLn 10c$5K$3K
Total assetsLn 16$30.6M$32.0M
LiabilitiesLn 26$33K$27K
Net assetsLn 32$30.6M$32.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$800K$800K
Other salaries and wagesLn 7$293K$182K$110K
Accounting feesLn 11c$23K$23K
Investment management feesLn 11f$156K$156K
Other fees for servicesLn 11g$64K$31K$33K
Advertising and promotionLn 12$14K$723$13K
Office expensesLn 13$30K$12K$18K
OccupancyLn 16$47K$47K
TravelLn 17$2K$2K
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$21K$21K
Other expenses (24a–d)Ln 24$25K$15K$10K
All other expensesLn 24e−$78K$99−$78K
Total functional expensesLn 25$1.4M$800K$492K$106K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 7, 2026 $2.0M$1.8M$161K$31.7M 990 PDF
FY2024Filed with the IRS Aug 14, 2025 $2.5M$1.7M$854K$28.8M 990 PDF
FY2023Filed with the IRS Aug 5, 2024 $695K$1.5M−$817K$27.7M 990 PDF
FY2022Filed with the IRS Nov 13, 2023 $445K$1.5M−$1.1M$25.9M 990 PDF
FY2021 ViewingFiled with the IRS Jun 30, 2022 $1.7M$1.4M$299K$32.0M 990 PDF
FY2020Filed with the IRS Sep 10, 2021 $341K$1.3M−$970K$30.6M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,697,308 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $121,255$277,830
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $235,809$1,440,868
I-11 Other revenuePrior year −$15,649−$21,390
I-12 Total revenuePrior year $341,415$1,697,308
I-13 Grants and similar amounts paidPrior year $737,415$800,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $291,211$292,789
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $282,805$305,560
I-18 Total expensesPrior year $1,311,431$1,398,349
I-19 Revenue less expensesPrior year −$970,016$298,959
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,697,308 across 7 lines filed
VIII-1c Fundraising events$128,216
VIII-1f All other contributions, gifts and grants$149,614
VIII-1h Total contributions, gifts and grants$277,830
VIII-3 Investment incomeExcluded from tax $784,142$784,142
VIII-7 Net gain or loss on sales of assetsRelated to mission $656,726$656,726
VIII-8 Net income from fundraising eventsExcluded from tax −$21,390−$21,390
VIII-12 Total revenueRelated to mission $656,726 · Unrelated business $0 · Excluded from tax $762,752$1,697,308
Part IX · Statement of functional expenses $1,398,349 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $800,000$800,000
IX-7 Other salaries and wagesManagement $182,391 · Fundraising $110,398$292,789
IX-11c Accounting feesManagement $22,690$22,690
IX-11f Investment management feesManagement $155,978$155,978
IX-11g Other fees for servicesManagement $30,848 · Fundraising $33,174$64,022
IX-12 Advertising and promotionManagement $723 · Fundraising $13,219$13,942
IX-13 Office expensesManagement $11,625 · Fundraising $18,458$30,083
IX-16 OccupancyManagement $46,804$46,804
IX-17 TravelManagement $1,991$1,991
IX-22 Depreciation, depletion and amortizationManagement $2,337$2,337
IX-23 InsuranceManagement $21,228$21,228
IX-24 Other expenses (24a–d)Management $15,241 · Fundraising $9,520$24,761
IX-24e All other expensesManagement $99 · Fundraising −$78,375−$78,276
IX-25 Total functional expensesPrograms $800,000 · Management $491,955 · Fundraising $106,394$1,398,349
Part X · Balance sheet $31,984,712 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $179,789$111,368
X-2 Savings and temporary cash investmentsStart of year $508,150$611,404
X-3 Pledges and grants receivableStart of year $113,156$131,194
X-9 Prepaid expenses and deferred chargesStart of year $10,882$12,429
X-10c Land, buildings and equipment, netStart of year $5,377$3,040
X-11 Publicly traded securitiesStart of year $29,792,430$31,115,277
X-16 Total assetsStart of year $30,609,784$31,984,712
X-17 Accounts payable and accrued expensesStart of year $33,039$27,228
X-26 Total liabilitiesStart of year $33,039$27,228
X-27 Net assets without donor restrictionsStart of year $30,576,595$31,956,814
X-28 Net assets with donor restrictionsStart of year $150$670
X-32 Total net assets or fund balancesStart of year $30,576,745$31,957,484
X-33 Total liabilities and net assetsStart of year $30,609,784$31,984,712
Part XI · Reconciliation of net assets $31,957,484 net assets at year end
XI-1 Total revenue$1,697,308
XI-2 Total expenses$1,398,349
XI-3 Revenue less expenses$298,959
XI-4 Net assets at start of year$30,576,745
XI-5 Net unrealized gains (losses) on investments$1,081,780
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$31,957,484

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

Similar organizations you could support · Compare with another nonprofit

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.

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 pay comparisons above.