Rhf Charitable Foundation EIN 47-2747112 Form 990 (PDF) Claim this org

Rhf Charitable Foundation FY2022 filing

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Provides charitable funds for affordable housing and resident benevolence programs. For fiscal year 2022 it reported $640K in revenue, $700K in expenses, and $7.2M in net assets.Pt I

Type
Supporting organization · Housing
Location
Long Beach, CA
Website
www.rhf.org/charitable-foundation
Filings
6 on file (2020–2022)
Revenue
$640KFY2022
Expenses
$700K
Net assets
$7.2M
People
10
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-2747112 Supporting organization Long Beach, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Provides charitable funds for affordable housing and resident benevolence programs.
Leadership
Stephanie Titus · Director and President
Money in and out
$640K revenue, $700K expenses
Bottom line
-9% net inflow
Money in and out · FY2022
Total revenue
$640K
Pt VIII · Ln 12
Total expenses
$700K
Pt IX · Ln 25
Net assets
$7.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$60K
Where spending went · Part IX cols B–D
Program services $0.53 Management & general $0.29 Fundraising $0.18
Net inflow
-9%
revenue over expenses, this year
Pass-through gifts
155%
of revenue from contributions
Program spending
53%
of expenses reach stated programs

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$640K
FY2022▼ -59%
Expenses
$700K
FY2022▼ -36%
Total assets
$7.4M
FY2022▼ -11%
Total liabilities
$196K
FY2022▲ +48%
Total revenue
$640K
Pt VIII · Ln 12
Total expenses
$700K
Pt IX · Ln 25
Net assets
$7.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$60K
Total assetsPt X · Ln 16$7.4M
Program-expense ratioPt IX · col B53%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRhf Charitable Foundation
EINHdr · item D47-2747112
Principal addressHdr · item CLong Beach, CA
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L11)
Ruling yearIRS BMFAug 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b3
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 · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director and President
$0Pt VII · Sec A
Director and VP
$0Pt VII · Sec A
Director and Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director and VP
$0Pt VII · Sec A
Corporate Secretary
$0Pt VII · Sec A
Senior VP / General Counsel
$0Pt VII · Sec A
CFO / VP Finance
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $369K of program spending, described in the organization's own filed words · FY2021.
01

The organization fundraises, administers and distributes charitable funds on behalf of retirement housing foundation (RHF). Programs include rental assistance, and educational, community enrichment, and pre-development grants for affordable housing.

$369Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants155%$990K
Total revenueLn 12$640K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.53 Management & general $0.29 Fundraising $0.18
Program services53%$369K
Management & general29%$202K
Fundraising18%$128K
Total functional expensesLn 25$700K

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$7.4M
Total liabilitiesLn 26$196K
Total net assetsLn 32$7.2M
Months of cash on handcomputed29.9

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.4M · Operating expenses/yr $700K
126.6 months
Where the money goes
Program services
Program services $369K · Total expenses $700K
53%
Management & General
Management & general $202K · Total expenses $700K
29%
Fundraising
Fundraising $128K · Total expenses $700K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $135K · Solicited contributions (3-yr avg) $1.4M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $990K · Total revenue $640K
155%
Government reliance
Government grants — · Total revenue $640K
Earned-income share
Program service revenue $0 · Total revenue $640K
0%
Investment reliance
Investment income $-350K · Total revenue $640K
-55%
Program self-sufficiency
Program service revenue $0 · Total expenses $700K
0%
Growth & trend
Revenue growth (YoY)
This year $640K · Prior year $1.6M
-59%
Net-asset trend (YoY)
End of year $7.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $640K · Expenses $700K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $7.4M
Net-asset ratio
Net assets $7.2M · Total assets $7.4M
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.4M
76%
People & payroll
Highest Reported Total Compensation
Individual Stephanie Titus · Reported title DIRECTOR AND PRESIDENT · Highest reported compensation $0 · Total expenses $700K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $280K · Total expenses $700K
40%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 53%
Overhead ratio 29%
Fundraising cost ratio 13%
Revenue growth -59%
Legal fee ratio 0.09%

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 2 funders$723K
Grants paid · 9 grants · $2.3M · 2019–2024
Unitemized GrantFY2024$383,654
Unitemized GrantFY2024$116,235
Unitemized GrantFY2024$12,750
Unitemized GrantFY2024$6,341
Unitemized GrantFY2023$349,145
Unitemized GrantFY2022$323,345
Unitemized GrantFY2021$368,500
Unitemized GrantFY2020$362,661
Unitemized GrantFY2019$407,713

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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
FY2025 (Latest)$1.5M revenue · ⤓ 990 PDF
FY2024$1.5M revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$640K revenue · viewing · ⤓ 990 PDF
FY2021$1.6M revenue · ⤓ 990 PDF
FY2020$2.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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