philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Rocky River Educational Foundation INC

Tax-deductible

Rocky River, OH501(c)(3) EIN 34-1428131Revenue $526K in FY2025

On file with the IRSrredfoundation.org1101 Morewood Pkwy, 44116-1439 · Rocky River, OHTax-exempt since Jun 1984Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

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

To enrich and provide added quality to the Educational experience in our community; to encourage further development of specialized talent, skills and academic achievements for the individual students, faculty or administrators; to continue the Educational traditions that have contributed to Rocky river's reputation as an outstanding suburban community.

501(c)(3) charity; gifts are tax-deductible.
76¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
4 of 5
filings with a surplus
Average surplus $98K a year · 25% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
76%
of spending
Looks good: 76% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Plus $2.1M in investments, Pt X · Ln 11–13
Looks good: 8.2 months of spending in cash; 3 or more.
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
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 29 voting members
Looks good: 29 of 29 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$526K
+48% vs prior year
Spent
$326K
To programs
76%
Net assets
$2.3M
By yearFY2021–FY2025
Revenue
$526K
FY2025▲ +48%
Tap a bar for its year
Revenue by fiscal year
FY2021$316K
FY2022$465K
FY2023$323K
FY2024$354K
FY2025$526K
Expenses
$326K
FY2025▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2021$342K
FY2022$249K
FY2023$303K
FY2024$274K
FY2025$326K
Net assets
$2.3M
FY2025▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.9M
FY2022$1.7M
FY2023$1.8M
FY2024$2.1M
FY2025$2.3M

From the FY2025 Form 990 (year ending June 2025) · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1984.

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

Where the money goes

76 cents of each dollar spent went to programs.

Program services 76% · $247K Management & general 24% · $79K

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

29 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Anne Banas
Board Member
$0Pt VII · Sec A
James Broderick
Board Member
$0Pt VII · Sec A
Breda Hill-King
Board Member
$0Pt VII · Sec A
Shannon Gilfillan
Board Member
$0Pt VII · Sec A
Larry Seiler
Board Member
$0Pt VII · Sec A
Mitch Bihuniak
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Brandy Chittester
Board Member
$0Pt VII · Sec A
See Rocky River Educational Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Enriching education and developing student talent to uphold community academic traditions.

Questions for Rocky River Educational Foundation INC

Tap to ask. Rocky River Educational Foundation INC sees how many people are interested.

Your first name shows with your question. Rocky River Educational Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $247K · in their own filed words · FY2024
01

College scholarships to rocky river high school graduating seniors under guidelines of various temporarily restricted funds.

$182Kprogram expense
02

Award grants to faculty and staff for new and creative educational programs.

$65Kprogram 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
Gavin Gill Scholarship FoundationFY2024$10K
Total grants receivedfrom 1 funder$10K
Grants paid · 7 grants · $761K · 2020–2024
Unitemized GrantFY2024$182,050
Rocky River City SchoolsFY2024$65,375
Unitemized GrantFY2023$134,347
Rocky River City SchoolsFY2023$96,953
Unitemized GrantFY2021$122,950
Unitemized GrantFY2020$79,900
Rocky River City SchoolsFY2020$79,900

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$526K
Ln 12
Investment incomeLn 3$234K
Gifts and grantsLn 1h$162K
Other incomeLn 4–11$130K
Money outPt IX
$326K
Ln 25
Programscol B$247K
Managementcol C$79K
Owns and owesPt X
$2.3M
net assets · Ln 32
Cash and savingsLn 1–2$224K
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
29
listed · VII A
PaidVII A0
Voting boardVI 1a29
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$162K
Investment incomeLn 3$234K
Other incomeLn 4–11$130K
Gains on assetsLn 7$190K
Total revenueLn 12$526K
Assets in detailPt X, end of year
CashLn 1$224K
Cash and savings togetherLn 1–2$224K
InvestmentsLn 11–13$2.1M
Other assetsLn 15$2K
Total assetsLn 16$2.3M
LiabilitiesLn 26$0
Net assetsLn 32$2.3M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
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 FY25End FY25
Cash and savingsLn 1–2$183K$224K
InvestmentsLn 11–13$1.9M$2.1M
Total assetsLn 16$2.1M$2.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$2.1M$2.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$65K$65K
Grants to domestic individualsLn 2$182K$182K
Legal feesLn 11b$32K$32K
Investment management feesLn 11f$16K$16K
Advertising and promotionLn 12$1K$1K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$29K$29K
Total functional expensesLn 25$326K$247K$79K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $526K$326K$199K$2.3M 990 PDF
FY2024 $354K$274K$80K$2.1M 990 PDF
FY2023 $323K$303K$21K$1.8M 990 PDF
FY2022 $465K$249K$215K$1.7M 990 PDF
FY2021 $316K$342K−$27K$1.9M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $525,770 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $134,751$162,105
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $105,951$233,778
I-11 Other revenuePrior year $113,474$129,887
I-12 Total revenuePrior year $354,176$525,770
I-13 Grants and similar amounts paidPrior year $231,300$247,425
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $42,599$79,047
I-18 Total expensesPrior year $273,899$326,472
I-19 Revenue less expensesPrior year $80,277$199,298
Part VI · Governance 29 of 29 board members independent, 3 to look at
VI-1a Voting members of the governing body29
VI-1b Independent voting members29
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 $525,770 across 6 lines filed
VIII-1f All other contributions, gifts and grants$162,105
VIII-1h Total contributions, gifts and grants$162,105
VIII-3 Investment incomeExcluded from tax $43,489$43,489
VIII-7 Net gain or loss on sales of assetsExcluded from tax $190,289$190,289
VIII-8 Net income from fundraising eventsExcluded from tax $129,887$129,887
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $363,665$525,770
Part IX · Statement of functional expenses $326,472 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $65,375$65,375
IX-2 Grants to domestic individualsPrograms $182,050$182,050
IX-11b Legal feesManagement $32,108$32,108
IX-11f Investment management feesManagement $15,858$15,858
IX-12 Advertising and promotionManagement $1,416$1,416
IX-23 InsuranceManagement $1,059$1,059
IX-24 Other expenses (24a–d)Management $28,606$28,606
IX-25 Total functional expensesPrograms $247,425 · Management $79,047 · Fundraising $0$326,472
Part X · Balance sheet $2,319,178 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $182,599$223,989
X-11 Publicly traded securitiesStart of year $1,893,433$2,093,617
X-15 Other assetsStart of year $2,074$1,572
X-16 Total assetsStart of year $2,078,106$2,319,178
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $642,760$733,835
X-28 Net assets with donor restrictionsStart of year $1,435,346$1,585,343
X-32 Total net assets or fund balancesStart of year $2,078,106$2,319,178
X-33 Total liabilities and net assetsStart of year $2,078,106$2,319,178
Part XI · Reconciliation of net assets $2,319,178 net assets at year end
XI-1 Total revenue$525,770
XI-2 Total expenses$326,472
XI-3 Revenue less expenses$199,298
XI-4 Net assets at start of year$2,078,106
XI-5 Net unrealized gains (losses) on investments$41,774
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,319,178

Form 990 e-file (XML) FY2025 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.

Your org? Add context

Made it to the end? Claim this org

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.