Rediscover Foundation EIN 43-1316571 Form 990 (PDF) Claim this org

Rediscover Foundation

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Secures funds to help people with behavioral health disorders find hope and healing. For fiscal year 2024 it reported $478K in revenue, $348K in expenses, and $5.9M in net assets.Pt I

Type
Supporting organization · Nonprofit
Location
Lees Summit, MO
Filings
5 on file (2020–2024)
Revenue
$478KFY2024
Expenses
$348K
Net assets
$5.9M
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  43-1316571 Supporting organization Lees Summit, MO
Form 990 (PDF)
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Size
$100K–1M
What they do
Secures funds to help people with behavioral health disorders find hope and healing.
Leadership
Brandon Brown · Director/Secretary/Treasurer
Money in and out
$478K revenue, $348K expenses
Bottom line
+27% net inflow
Money in and out · FY2024
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $130K
Where spending went · Part IX cols B–D
Program services $0.63 Management & general $0.11 Fundraising $0.27
Net inflow
+27%
revenue over expenses, this year▼ -16% vs prior filing year
Pass-through gifts
34%
of revenue from contributions▲ +39% vs prior filing year
Program spending
63%
of expenses reach stated programs▼ -2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$478K
FY2024▲ +6%
Expenses
$348K
FY2024▲ +14%
Total assets
$6.0M
FY2024▲ +9%
Total liabilities
$78K
FY2024▲ +7%
Total revenue
$478K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$5.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$130K
Total assetsPt X · Ln 16$6.0M
Program-expense ratioPt IX · col B63%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 413

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRediscover Foundation
EINHdr · item D43-1316571
Principal addressHdr · item CLees Summit, MO
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1984

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b13
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director/Secretary/Treasurer
$0Pt VII · Sec A
Director/Vice Chairman
$0Pt VII · Sec A
President/Director
$0Pt VII · Sec A
Director/Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Rediscover Foundation executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $218K of program spending, described in the organization's own filed words · FY2024.
01

See schedule o

$218Kprogram expense

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Statement of Revenue

Part VIII
Investment income$321K · 67%
Contributions & grants$163K · 34%
Investment income67%$321K
Contributions & grants34%$163K
Total revenueLn 12$478K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.63 Management & general $0.11 Fundraising $0.27
Program services63%$218K
Management & general11%$37K
Fundraising27%$93K
Total functional expensesLn 25$348K

Balance Sheet

Part X · end of year
CashLn 1$73K
Total assetsLn 16$6.0M
Total liabilitiesLn 26$78K
Total net assetsLn 32$5.9M
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.0M · Operating expenses/yr $348K
205.2 months
Where the money goes
Program services
Program services $218K · Total expenses $348K
63%
Management & General
Management & general $37K · Total expenses $348K
11%
Fundraising
Fundraising $93K · Total expenses $348K
27%
Cost to raise $1
Fundraising expense (3-yr avg) $81K · Solicited contributions (3-yr avg) $127K
$0.64 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $163K · Total revenue $478K
34%
Government reliance
Government grants — · Total revenue $478K
Earned-income share
Program service revenue $0 · Total revenue $478K
0%
Investment reliance
Investment income $321K · Total revenue $478K
+67%
Program self-sufficiency
Program service revenue $0 · Total expenses $348K
0%
Growth & trend
Revenue growth (YoY)
This year $478K · Prior year $450K
+6%
Revenue CAGR
FY2020 $291K · FY2024 $478K
+13%
Net-asset trend (YoY)
End of year $5.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $478K · Expenses $348K
+27%
Liabilities-to-Assets
Total liabilities — · Total assets $6.0M
Net-asset ratio
Net assets $5.9M · Total assets $6.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.9M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $6.0M
99%
People & payroll
Highest Reported Total Compensation
Individual Brandon Brown · Reported title DIRECTOR/SECRETARY/TREASURER · Highest reported compensation $0 · Total expenses $348K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $72K · Total expenses $348K
21%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 63%
Overhead ratio 11%
Fundraising cost ratio 57%
Revenue growth 6%
Investment management fee ratio 0.6%

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
Total grants receivedfrom 1 funder$2K
Grants paid · 5 grants · $4.5M · 2020–2024
RediscoverMO · FY2024$218,084
RediscoverMO · FY2023$194,448
RediscoverMO · FY2022$3,004,490
RediscoverMO · FY2021$433,715
RediscoverMO · FY2020$648,219

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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)$478K revenue · viewing · ⤓ 990 PDF
FY2023$450K revenue · ⤓ 990 PDF
FY2022$794K revenue · ⤓ 990 PDF
FY2021$534K revenue · ⤓ 990 PDF
FY2020$291K 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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