Red Top INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

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

To support harvard university's collegiate athletic program.

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 51-0189788) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
100¢ 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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $134K a year · 37% of revenue · last 6 filings
A surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Liabilities
$861K
16% of total assets
Liabilities are 16% of assets.
Pt X · Ln 26
Independent board members
0
of 4 voting members
None of 4 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$260K
-66% vs prior year
Spent
$405K
To programs
100%
Net assets
$4.4M
By yearFY2020–FY2025
Revenue
$260K
FY2025▼ -66%
Tap a bar for its year
Revenue by fiscal year
FY2020$238K
FY2021$221K
FY2022$246K
FY2023$476K
FY2024$761K
FY2025$260K
Expenses
$405K
FY2025▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$338K
FY2021$357K
FY2022$677K
FY2023$614K
FY2024$618K
FY2025$405K
Net assets
$4.4M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.2M
FY2021$5.2M
FY2022$4.4M
FY2023$3.9M
FY2024$4.3M
FY2025$4.4M

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

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1976.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $405K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Red Top INC executive salaries →

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

Provides and maintains a training facility to support the Harvard University crew team and its collegiate athletic program.

Questions for Red Top INC

Tap to ask. Red Top INC sees how many people are interested.

Your first name shows with your question. Red Top INC answers here, for everyone.

1 program · $405K · in their own filed words · FY2024
01

Training facility for harvard crew team. Approximately 53 intercollegiate team members benefited.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 51-0189788) · Dispute this line
$405Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$260K
Ln 12
Other incomeLn 4–11$241K
Investment incomeLn 3$15K
Gifts and grantsLn 1h$5K
Money outPt IX
$405K
Ln 25
Programscol B$405K
Owns and owesPt X
$4.4M
net assets · Ln 32
Total assetsLn 16$5.3M
LiabilitiesLn 26$861K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5K
Investment incomeLn 3$15K
Other incomeLn 4–11$241K
Gains on assetsLn 7$241K
Total revenueLn 12$260K
Assets in detailPt X, end of year
InvestmentsLn 11–13$5.2M
Other assetsLn 15$94K
Total assetsLn 16$5.3M
LiabilitiesLn 26$861K
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$5.3M$5.0M$4.8M$5.1M$5.5M
AddedLn 1b$5K
SpentLn 1d–1f$249K$256K$471K$218K$213K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$0$0
InvestmentsLn 11–13$4.9M$5.2M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$5.0M$5.3M
LiabilitiesLn 26$705K$861K
Net assetsLn 32$4.3M$4.4M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$0$0
Other salaries and wagesLn 7$3K$3K
Other employee benefitsLn 9$324$324
Other fees for servicesLn 11g$0$0$0$0
Office expensesLn 13$76K$76K
Information technologyLn 14$4K$4K
OccupancyLn 16$224K$224K
TravelLn 17$10K$10K
InterestLn 20$14K$14K
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$71K$71K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$405K$405K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 14, 2026 $260K$405K−$145K$4.4M 990 PDF
FY2024Filed with the IRS May 15, 2025 $761K$618K$143K$4.3M 990 PDF
FY2023Filed with the IRS May 15, 2024 $476K$614K−$138K$3.9M 990 PDF
FY2022Filed with the IRS May 15, 2023 $246K$677K−$432K$4.4M 990 PDF
FY2021Filed with the IRS May 13, 2022 $221K$357K−$135K$5.2M 990 PDF
FY2020Filed with the IRS May 13, 2021 $238K$338K−$100K$4.2M 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments J · Pay O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $260,183 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $515,483$5,000
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $245,444$255,183
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $760,927$260,183
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $32,959$3,592
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $585,062$401,614
I-18 Total expensesPrior year $618,021$405,206
I-19 Revenue less expensesPrior year $142,906−$145,023
Part VI · Governance 0 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
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
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $260,183 across 5 lines filed
VIII-1f All other contributions, gifts and grants$5,000
VIII-1h Total contributions, gifts and grants$5,000
VIII-3 Investment incomeExcluded from tax $14,515$14,515
VIII-7 Net gain or loss on sales of assetsExcluded from tax $240,668$240,668
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $255,183$260,183
Part IX · Statement of functional expenses $405,206 across 12 lines filed
IX-4 Benefits paid to or for membersPrograms $0$0
IX-7 Other salaries and wagesPrograms $3,268$3,268
IX-9 Other employee benefitsPrograms $324$324
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-13 Office expensesPrograms $76,007$76,007
IX-14 Information technologyPrograms $4,261$4,261
IX-16 OccupancyPrograms $223,623$223,623
IX-17 TravelPrograms $9,941$9,941
IX-20 InterestPrograms $14,103$14,103
IX-23 InsurancePrograms $2,206$2,206
IX-24 Other expenses (24a–d)Programs $71,473$71,473
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $405,206 · Management $0 · Fundraising $0$405,206
Part X · Balance sheet $5,303,602 assets, 32 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $0$0
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-10c Land, buildings and equipment, netStart of year $0$0
X-11 Publicly traded securitiesStart of year $2,705,622$2,844,112
X-12 Other securitiesStart of year $2,184,248$2,365,707
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $96,205$93,783
X-16 Total assetsStart of year $4,986,075$5,303,602
X-17 Accounts payable and accrued expensesStart of year $0$0
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $705,162$860,660
X-26 Total liabilitiesStart of year $705,162$860,660
X-27 Net assets without donor restrictionsStart of year $248,977$264,534
X-28 Net assets with donor restrictionsStart of year $4,031,936$4,178,408
X-29 Capital stock or trust principalStart of year $0$0
X-30 Paid-in or capital surplusStart of year $0$0
X-31 Retained earnings or endowmentStart of year $0$0
X-32 Total net assets or fund balancesStart of year $4,280,913$4,442,942
X-33 Total liabilities and net assetsStart of year $4,986,075$5,303,602
Part XI · Reconciliation of net assets $4,442,942 net assets at year end
XI-1 Total revenue$260,183
XI-2 Total expenses$405,206
XI-3 Revenue less expenses−$145,023
XI-4 Net assets at start of year$4,280,913
XI-5 Net unrealized gains (losses) on investments$307,052
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,442,942

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

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. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home 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, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →