Resident Resources Network INC FY2020 filing

Tax-deductible

New Albany, OH501(c)(3)Since 2011Community DevelopmentEIN 27-4676214Revenue $1.1M in FY2020

On file with the IRS160 W Main St Ste 200, 43054-1189 · New Albany, OHTax-exempt since Jun 2011Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To break the cycle of generational poverty by enhancing the lives of residents we serve.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$97K 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

FY2020 · 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
4 of 5
filings with a surplus
Average surplus $2.3M a year · 72% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$97K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $183K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.7M
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
Spent
$1.1M
To programs
92%
Net assets
$1.6M
By yearFY2020–FY2024
Revenue
$1.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.1M
FY2021$1.6M
FY2022$3.4M
FY2023$2.7M
FY2024$7.3M
Expenses
$1.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$517K
FY2022$887K
FY2023$1.0M
FY2024$919K
Net assets
$1.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.6M
FY2021$2.8M
FY2022$5.7M
FY2023$7.4M
FY2024$13.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Jun 2011.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $1.1M Management & general 7% · $85K Fundraising 0% · $2K

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

10 people listed on the 990; $97K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$97,339Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair (thru Dec. 2020)
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

L Shon Burch’s $136K as Executive Director- Non - Voting is at the 39th percentile of top reported officer pay among 2832 $1–10M community development 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

NameFY2024FY2023FY2022FY2021FY2020
L Shon Burch$136,191$108,989$105,991$100,259$97,339

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 Resident Resources Network INC executive salaries →

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

Something off? The org can add a note here. Claim this org to fix it.

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

Empowers low-income residents to break the cycle of generational poverty by providing supportive services and resources that enhance their daily lives.

Questions for Resident Resources Network INC

Tap to ask. Resident Resources Network INC sees how many people are interested.

Your first name shows with your question. Resident Resources Network INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $1.1M · in their own filed words · FY2020
01

Providing resource service and assistance for the elderly, economically disadvantaged, handicapped and socially challenged in the areas of employment, education, safety and family and individual health.

$1.0Mprogram expense
02

To purchase, develop, lease, finance, own and sell real property or interests in real property in order to foster low income housing and other housing from the elderly, economically disadvantaged, handicapped or otherwise physically, mentally or socially challenged.

$25Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$183K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$658K
Fees for servicesLn 2g$398K
Investment incomeLn 3$150
Money outPt IX
$1.1M
Ln 25
Programscol B$1.1M
Managementcol C$85K
Fundraisingcol D$2K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$175K
Total assetsLn 16$5.2M
LiabilitiesLn 26$3.7M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$658K
Government grantsLn 1e$658K
Fees for servicesLn 2g$398K
Investment incomeLn 3$150
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$175K
Cash and savings togetherLn 1–2$175K
InvestmentsLn 11–13$1.4M
Total assetsLn 16$5.2M
LiabilitiesLn 26$3.7M
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 58
VolunteersI 69
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$731K$175K
InvestmentsLn 11–13$933K$1.4M
Total assetsLn 16$3.5M$5.2M
LiabilitiesLn 26$1.8M$3.7M
Net assetsLn 32$1.7M$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$26K$26K
Pay of current officers, directors and key staffLn 5$94K$94K
Other salaries and wagesLn 7$44K$19K$23K$1K
Other employee benefitsLn 9$11K$9K$2K$113
Payroll taxesLn 10$28K$23K$5K$280
Legal feesLn 11b$13K$13K
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$8K$8K
Office expensesLn 13$29K$11K$19K
OccupancyLn 16$14K$14K
TravelLn 17$117$117
Conferences, conventions and meetingsLn 19$2K$2K
Other expenses (24a–d)Ln 24$866K$845K$20K
Total functional expensesLn 25$1.1M$1.1M$85K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $7.3M$919K$6.4M$13.8M 990 PDF
FY2023 $2.7M$1.0M$1.7M$7.4M 990 PDF
FY2022 $3.4M$887K$2.5M$5.7M 990 PDF
FY2021 $1.6M$517K$1.1M$2.8M 990 PDF
FY2020 Viewing $1.1M$1.1M−$82K$1.6M 990 PDF

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

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 FY2020 990 (6 parts)
Part I · Summary $1,055,353 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $888,522$657,625
I-9 Program service revenuePrior year $582,796$397,578
I-10 Investment incomePrior year $173$150
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $1,471,491$1,055,353
I-13 Grants and similar amounts paidPrior year $0$25,930
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $154,465$177,179
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $480,313$933,995
I-18 Total expensesPrior year $634,778$1,137,104
I-19 Revenue less expensesPrior year $836,713−$81,751
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $1,055,353 across 5 lines filed
VIII-1e Government grants$657,625
VIII-1h Total contributions, gifts and grants$657,625
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $397,578$397,578
VIII-3 Investment incomeExcluded from tax $150$150
VIII-12 Total revenueRelated to mission $397,578 · Unrelated business $0 · Excluded from tax $150$1,055,353
Part IX · Statement of functional expenses $1,137,104 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $25,930$25,930
IX-5 Pay of current officers, directors and key staffPrograms $94,088$94,088
IX-7 Other salaries and wagesPrograms $18,920 · Management $23,429 · Fundraising $1,378$43,727
IX-9 Other employee benefitsPrograms $9,287 · Management $1,926 · Fundraising $113$11,326
IX-10 Payroll taxesPrograms $22,992 · Management $4,766 · Fundraising $280$28,038
IX-11b Legal feesPrograms $12,526$12,526
IX-11c Accounting feesPrograms $3,000$3,000
IX-11g Other fees for servicesPrograms $7,750$7,750
IX-13 Office expensesPrograms $10,562 · Management $18,719$29,281
IX-16 OccupancyManagement $13,790$13,790
IX-17 TravelPrograms $117$117
IX-19 Conferences, conventions and meetingsManagement $1,749$1,749
IX-24 Other expenses (24a–d)Programs $845,405 · Management $20,377$865,782
IX-25 Total functional expensesPrograms $1,050,577 · Management $84,756 · Fundraising $1,771$1,137,104
Part X · Balance sheet $5,238,422 assets, 7 lines filed
Asset lines not itemized here account for $3,656,029; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $730,740$174,657
X-13 Program-related investmentsStart of year $933,404$1,407,736
X-16 Total assetsStart of year $3,499,093$5,238,422
X-26 Total liabilitiesStart of year $1,834,949$3,656,029
X-27 Net assets without donor restrictionsStart of year $1,664,144$1,582,393
X-32 Total net assets or fund balancesStart of year $1,664,144$1,582,393
X-33 Total liabilities and net assetsStart of year $3,499,093$5,238,422
Part XI · Reconciliation of net assets $1,582,393 net assets at year end
XI-1 Total revenue$1,055,353
XI-2 Total expenses$1,137,104
XI-3 Revenue less expenses−$81,751
XI-4 Net assets at start of year$1,664,144
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,582,393

Form 990 e-file (XML) FY2020 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.

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 pay comparisons above.