Interact for Change EIN 30-0065901

Interact for Change

EIN  30-0065901 Public charity (501(c)(3)) Cincinnati, OH
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Size
$100K–1M
What they do
Inspires and supports active giving and innovative philanthropic solutions.
Leadership
Kate Schroder · President & CEO, Director
Money in and out
$898K revenue, $963K expenses
Bottom line
99% program efficiency

Inspires and supports active giving and innovative philanthropic solutions. For fiscal year 2024 it reported $898K in revenue, $963K in expenses, and $1.2M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$898K
Pt VIII · Ln 12
Total expenses
$963K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$66K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +1% vs prior filing year
Operating runway
12.1mo
months of highly liquid reserves at operating expense rate▼ -57% vs prior filing year
Surplus margin
-7%
revenue over expenses, this year▼ -113% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$898K
FY2024▼ -25%
Expenses
$963K
FY2024▲ +84%
Total assets
$1.2M
FY2024▼ -4%
Total liabilities
$8K
FY2024
Total revenue
$898K
Pt VIII · Ln 12
Total expenses
$963K
Pt IX · Ln 25
Net assets
$1.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$66K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

2 program services account for $955K of program spending, described in the organization's own filed words · FY2024.
01

Restricted Fund Expenses

Include the day-to-day costs associated with running the programs as well as the administrative fees charged by interact for change, trust fees charged by custodial bank and investment advisor FEES.RESTRICTED funds-hey*!

$840Kprogram expense
02

Restricted fund grants are made to further the charitable, educational or scientific purpose of the restricted fund. Restricted funds-advancing refugee-led mental health fund: $45,000RESTRICTED funds-babies milk fund: $45,000RESTRICTED funds-data for equity collaborative: $25,000

$115Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CInteract for Change
EINHdr · item D30-0065901
Principal addressHdr · item CCincinnati, OH
WebsiteHdr · item Jwww.interactforchange.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E60)
Ruling yearIRS BMFApr 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b7
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
President & CEO, Director
$0Pt VII · Sec A
Director, Chair
$0Pt VII · Sec A
Director, Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director - Term Ended June 2024
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Interact for Change executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$824K · 92%
Investment income$69K · 8%
Program service revenue$5K · 1%
Contributions & grants92%$824K
Investment income8%$69K
Program service revenue1%$5K
Total revenueLn 12$898K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$955K
Management & general1%$8K
Total functional expensesLn 25$963K

Balance Sheet

Part X · end of year
CashLn 1$690K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$8K
Total net assetsLn 32$1.2M
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $968K · Operating expenses/yr $963K
12.1 months
Where the money goes
Program services
Program services $955K · Total expenses $963K
99%
Management & General
Management & general $8K · Total expenses $963K
1%
Fundraising
Fundraising $0 · Total expenses $963K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $747K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $824K · Total revenue $898K
92%
Government reliance
Government grants — · Total revenue $898K
Earned-income share
Program service revenue $5K · Total revenue $898K
1%
Investment reliance
Investment income $69K · Total revenue $898K
+8%
Program self-sufficiency
Program service revenue $5K · Total expenses $963K
0%
Growth & trend
Revenue growth (YoY)
This year $898K · Prior year $1.2M
-25%
Revenue CAGR
FY2020 $757K · FY2024 $898K
+4%
Net-asset trend (YoY)
End of year $1.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $898K · Expenses $963K
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.2M · Total assets $1.2M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $277K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
24%
People & payroll
Highest Reported Total Compensation
Individual Kate Schroder · Reported title PRESIDENT & CEO, DIRECTOR · Highest reported compensation $0 · Total expenses $963K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $90K · Total expenses $963K
9%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Fundraising cost ratio 0%
Revenue growth -25%
Accounting fee ratio 1%

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
Bi3 FundFY2024$650K
Millstone FundFY2024$200K
Total grants receivedfrom 7 funders$1.1M
See all 7 funders →
Grants paid · 53 grants · $1.4M · 2020–2024
Refuge CollaborativeFY2024$15,000
Youth at the CenterOH · FY2023$25,000
Empowerment FoundationOH · FY2023$25,000
School Board SchoolOH · FY2023$25,000
Mortar CincinnatiOH · FY2023$25,000
Health Care Access NowOH · FY2023$25,000
Girls Health PeriodOH · FY2023$25,000
Found VillageOH · FY2023$25,000
Brighton Center INCKY · FY2023$25,000
A Pictures Worth INCOH · FY2023$25,000
See all 53 grants →

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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)$898K revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$297K revenue · ⤓ 990 PDF
FY2021$377K revenue · ⤓ 990 PDF
FY2020$757K revenue · ⤓ 990 PDF

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Sources

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