Deepwood Foundation EIN 34-1721177 Form 990 (PDF) Claim this org

Deepwood Foundation

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Empowering individuals with developmental disabilities through support, advocacy, and resources. For fiscal year 2024 it reported $339K in revenue, $376K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Mentor, OH
Website
www.deepwoodfoundation.org
Filings
5 on file (2020–2024)
Revenue
$339KFY2024
Expenses
$376K
Net assets
$1.4M
People
28
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1721177 Public charity (501(c)(3)) Mentor, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Empowering individuals with developmental disabilities through support, advocacy, and resources.
Leadership
Rikke Coach · Dir of Devel · $66K
Money in and out
$339K revenue, $376K expenses
Bottom line
54% program efficiency
Where the money goes · FY2024
Total revenue
$339K
Pt VIII · Ln 12
Total expenses
$376K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$37K
Where spending went · Part IX cols B–D
Program services $0.54 Management & general $0.36 Fundraising $0.10
Program efficiency
54%
of spending reaches programs▼ -27% vs prior filing year
Operating runway
43.8mo
months of highly liquid reserves at operating expense rate▲ +54% vs prior filing year
Surplus margin
-11%
revenue over expenses, this year▲ +74% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$339K
FY2024▼ -13%
Expenses
$376K
FY2024▼ -32%
Total assets
$1.4M
FY2024▲ +5%
Total liabilities
$0
FY2024
Total revenue
$339K
Pt VIII · Ln 12
Total expenses
$376K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$37K
Total assetsPt X · Ln 16$1.4M
Program-expense ratioPt IX · col B54%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 420

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDeepwood Foundation
EINHdr · item D34-1721177
Principal addressHdr · item CMentor, OH
WebsiteHdr · item Jwww.deepwoodfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P80Z)
Ruling yearIRS BMFJul 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b20
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Dir of Devel
$66,442Pt VII · Sec A
Dir of Opera
$30,521Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rikke Coach’s $66K as Dir of Devel is at the 57th percentile of top reported officer pay among 2165 $100K–1M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Rikke Coach$66,442$75,421$65,004$65,004$59,587
Tana Habat$30,521$21,732$16,015$24,200$16,155
Gail Rosplock$3,870

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.

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Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

Deepwood foundation supports several programs including providing camp and after school scholarships; therapeutic and specialized equipment; health and safety items; emergency referral and assistance; advocacy; community education; and other unique support.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$167K · 49%
Other revenue$127K · 37%
Investment income$45K · 13%
Contributions & grants49%$167K
Other revenue37%$127K
Investment income13%$45K
Total revenueLn 12$339K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.54 Management & general $0.36 Fundraising $0.10
Program services54%$205K
Management & general36%$134K
Fundraising10%$37K
Total functional expensesLn 25$376K

Balance Sheet

Part X · end of year
CashLn 1$365K
Total assetsLn 16$1.4M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.4M
Months of cash on handcomputed11.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $376K
43.8 months
Where the money goes
Program services
Program services $205K · Total expenses $376K
54%
Management & General
Management & general $134K · Total expenses $376K
36%
Fundraising
Fundraising $37K · Total expenses $376K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $29K · Solicited contributions (3-yr avg) $273K
$0.11 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $167K · Total revenue $339K
49%
Government reliance
Government grants — · Total revenue $339K
Earned-income share
Program service revenue $0 · Total revenue $339K
0%
Investment reliance
Investment income $45K · Total revenue $339K
+13%
Program self-sufficiency
Program service revenue $0 · Total expenses $376K
0%
Growth & trend
Revenue growth (YoY)
This year $339K · Prior year $389K
-13%
Revenue CAGR
FY2020 $173K · FY2024 $339K
+18%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $339K · Expenses $376K
-11%
Liabilities-to-Assets
Total liabilities — · Total assets $1.4M
Net-asset ratio
Net assets $1.4M · Total assets $1.4M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.4M
73%
People & payroll
Highest Reported Total Compensation
Individual Rikke Coach · Reported title DIR OF DEVEL · Highest reported compensation $66K · Total expenses $376K
18%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $149K · Total expenses $376K
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 54%
Overhead ratio 36%
Fundraising cost ratio 22%
Revenue growth -13%
Investment management fee ratio 0.8%
Accounting fee ratio 3%

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 7 funders →
Grants paid · 5 grants · $583K · 2020–2024
Unitemized GrantFY2024$172,894
Unitemized GrantFY2023$135,923
Unitemized GrantFY2022$118,344
Unitemized GrantFY2021$75,310
Unitemized GrantFY2020$80,278

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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)$339K revenue · viewing · ⤓ 990 PDF
FY2023$389K revenue · ⤓ 990 PDF
FY2022$520K revenue · ⤓ 990 PDF
FY2021$289K revenue · ⤓ 990 PDF
FY2020$173K 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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