Invests in and supports employment social enterprises to help them connect, grow, and employ people facing barriers to work.
For fiscal year 2020 it reported $81.5M in revenue, $62.3M in expenses, and $42.7M in net assets.Pt I
Grants paid & assets · FY2020
Total revenue
$81.5M
Pt VIII · Ln 12
Total expenses
$62.3M
Pt IX · Ln 25
Net assets
$42.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19.2M
Where spending went · Part IX cols B–D
94%
Program services $0.94 Management & general $0.04 Fundraising $0.01
Program efficiency
94%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+24%
revenue over expenses, this year
Summary of the Filing
Part I · fiscal year 2020 · Form 990
Revenue
$81.5M
FY2020
$81.5M$40.7M$0
FY2020FY2025
Expenses
$62.3M
FY2020
$62.3M$31.1M$0
FY2020FY2025
Total assets
$44.9M
FY2020
$46.7M$23.3M$0
FY2020FY2025
Total liabilities
$2.2M
FY2020
$4.3M$2.1M$0
FY2020FY2025
Total revenue
$81.5M
Pt VIII · Ln 12
Total expenses
$62.3M
Pt IX · Ln 25
Net assets
$42.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$19.2M
Total assetsPt X · Ln 16$44.9M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415
Mission & Programs · Part III
Where the work happens
3 program services account for $55.1M of program spending, described in the organization's own filed words · FY2020.
01
Partnerships
REDF provides capacity building consulting on accessing public support and offers intermediary services to communities that seek to create public-private partnerships that help grow the ESE field.
$48.6Mprogram expense
02
Venture Philanthropy Portfolio and Evaluation
REDF provides customized hands-on technical assistance and measures results to a diverse portfolio of organizations to incorporate best practices that improve participant outcomes and sustainability for the enterprises.
$5.1Mprogram expense
03
Community
REDF Community creates space and provides resources to help our social enterprise partners connect, grow, and lead by providing community and relationship building via convenings and workshops, access to skill-building resources from the REDF team, and ongoing relationship support from dedicated relations manager who ensures partners are…
Maria Kim’s $375K as President & CEO
is at the 81st percentile of top reported officer pay among 658 $10–100M philanthropy & grantmaking 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 · 8 named individuals · Part VII
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.
Individual Carla I Javits · Reported title President, CEO · Highest reported compensation $252K · Total expenses $62.3M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $7.3M · Total expenses $62.3M
12%
Peer comparison
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
Metric
This org
Peer median
Percentile
Program ratio
94%
—
—
Overhead ratio
4%
—
—
Fundraising cost ratio
1%
—
—
Legal fee ratio
0%
—
—
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.
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Sources
Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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