Rhonda Walker Foundation EIN 35-2197960

Rhonda Walker Foundation

EIN  35-2197960 Public charity (501(c)(3)) W Bloomfield, MI
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Size
$1–10M
What they do
Empowers inner-city teen girls to become strong, confident, and moral future leaders.
Leadership
Ruselda Villanueva Johnson · Chief Executive Officer · $177K
Money in and out
$1.2M revenue, $1.2M expenses
Bottom line
80% program efficiency

Empowers inner-city teen girls to become strong, confident, and moral future leaders. For fiscal year 2024 it reported $1.2M in revenue, $1.2M in expenses, and $688K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$688K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.11 Fundraising $0.10
Program efficiency
80%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
5.9mo
months of highly liquid reserves at operating expense rate▲ +23% vs prior filing year
Surplus margin
+1%
revenue over expenses, this year▲ +101% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.2M
FY2024▲ +56%
Expenses
$1.2M
FY2024▲ +2%
Total assets
$735K
FY2024▲ +3%
Total liabilities
$48K
FY2024▼ -1%
Total revenue
$1.2M
Pt VIII · Ln 12
Total expenses
$1.2M
Pt IX · Ln 25
Net assets
$688K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$735K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

3 program services account for $946K of program spending, described in the organization's own filed words · FY2024.
01

College Prep Program

With the alarming achievement rates in most public schools, the foundation is committed to ensuring that the teens it serves are college-ready upon graduating from high school. The foundation's college prep program ensures that every teen has access to year-round tutoring in all subjects and ACT/SAT preparation courses through a…

$509Kprogram expense
02

Personal Development Program

The foundation believes that an empowered and successful young woman has been exposed to a wide variety of life experiences, and also has been given the tools to navigate through a myriad of social and professional environments.

$254Kprogram expense
03

Mentoring and Community Outreach

The foundation understands that it is important that teens have positive role models in adults with whom they can discuss their challenges, successes, and future goals. Each year, the foundation matches teens with a carefully screened professional mentor who provides support and critical guidance.

$183Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRhonda Walker Foundation
EINHdr · item D35-2197960
Principal addressHdr · item CW Bloomfield, MI
WebsiteHdr · item Jwww.rhondawalkerfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFMar 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b16
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chief Executive Officer
$176,752Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Ruselda Villanueva Johnson’s $177K as Chief Executive Officer is at the 79th percentile of top reported officer pay among 1547 $1–10M youth 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
Ruselda Villanueva Johnson$176,752$159,750$155,750$120,750$120,750

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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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 90%
Other revenue$98K · 8%
Investment income$24K · 2%
Contributions & grants90%$1.1M
Other revenue8%$98K
Investment income2%$24K
Total revenueLn 12$1.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.11 Fundraising $0.10
Program services80%$946K
Management & general11%$125K
Fundraising10%$115K
Total functional expensesLn 25$1.2M

Balance Sheet

Part X · end of year
CashLn 1$310K
Total assetsLn 16$735K
Total liabilitiesLn 26$48K
Total net assetsLn 32$688K
Months of cash on handcomputed3.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $582K · Operating expenses/yr $1.2M
5.9 months
Where the money goes
Program services
Program services $946K · Total expenses $1.2M
80%
Management & General
Management & general $125K · Total expenses $1.2M
11%
Fundraising
Fundraising $115K · Total expenses $1.2M
10%
Cost to raise $1
Fundraising expense (3-yr avg) $124K · Solicited contributions (3-yr avg) $890K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.2M
90%
Government reliance
Government grants — · Total revenue $1.2M
Earned-income share
Program service revenue $0 · Total revenue $1.2M
0%
Investment reliance
Investment income $24K · Total revenue $1.2M
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $1.2M
0%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $765K
+56%
Revenue CAGR
FY2020 $559K · FY2024 $1.2M
+21%
Net-asset trend (YoY)
End of year $688K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $1.2M
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $735K
Net-asset ratio
Net assets $688K · Total assets $735K
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $272K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $735K
37%
People & payroll
Highest Reported Total Compensation
Individual Ruselda Villanueva Johnson · Reported title CHIEF EXECUTIVE OFFICER · Highest reported compensation $177K · Total expenses $1.2M
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $364K · Total expenses $1.2M
31%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 11%
Fundraising cost ratio 11%
Revenue growth 56%

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 · funders on record
Grants received · FY2024
See all 10 funders →

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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)$1.2M revenue · viewing · ⤓ 990 PDF
FY2023$765K revenue · ⤓ 990 PDF
FY2022$597K revenue · ⤓ 990 PDF
FY2021$988K revenue · ⤓ 990 PDF
FY2020$559K 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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