Rlcb INC FY2020 filing

Raleigh, NCUnknown exempt organization EIN 56-0884337Revenue $1.0M in FY2020Latest filing we have: 2022. Newer ones may not be in our data yet. Filed since? Tell us.

On file with the IRSrlcb.netRaleigh, NC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $1,000 a year, plus $10 a year for the ID check.

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

To provide assessment, training, and job placement services to individuals who are blind or visually impaired, empowering them to access the vocational setting of their choice and to achieve economic and personal independence through employment.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0884337) · Dispute this line
26¢ of each $1 spent went to programs.
$522K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990
The latest return is for FY2023, 3 tax years back.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $332K a year · 77% of revenue · last 3 filings
A surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
26%
of spending
26% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$522K
to officers and key staff · 36% of spending
Pay to officers and key staff is 36% of spending.
Part VII, Section A
5.7 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
5.7 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $26
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$1.0M
Spent
$1.5M
To programs
26%
Net assets
$4.4M
By yearFY2020–FY2023
Revenue
$1.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.0M
FY2021$192K
FY2022$107K
FY2023$6K
Expenses
$1.5M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.5M
FY2021$440K
FY2022$401K
FY2023Not on file
Net assets
$4.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.4M
FY2021$4.7M
FY2022$3.8M
FY2023$0

From the FY2020 Form 990 (year ending September 2020) · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2022.

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

Where the money goes

26 cents of each dollar spent went to programs.

Program services 26% · $378K Management & general 74% · $1.1M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $522K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
President/CEO
$233,621Pt VII · Sec A
$178,583Pt VII · Sec A
$109,346Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Janet Griffey$71,000$193,626$189,988$233,621
Gerald Whaley——$34,650$178,583
Chris Huff—$137,727——
Len Srala———$109,346

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.

See Rlcb 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 15aYes

Programs and updates

Helps blind and visually impaired people find jobs through training and placement.

Questions for Rlcb INC

Tap to ask. Rlcb INC sees how many people are interested.

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

1 program · $378K · in their own filed words · FY2019
01

Provided job training, through workshop employment opportunities, to over 100 clients. The purpose of the workshop is to develop the talents of the blind clients so that they may move out into the business world and be gainfully employed.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 56-0884337) · Dispute this line
$378Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$26

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Other incomeLn 4–11$819K
Gifts and grantsLn 1h$100K
Investment incomeLn 3$84K
Money outPt IX
$1.5M
Ln 25
Programscol B$378K
Managementcol C$1.1M
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$696K
Total assetsLn 16$4.4M
LiabilitiesLn 26$0
PeoplePt VI, VII
17
listed · VII A
PaidVII A3
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$100K
Investment incomeLn 3$84K
Other incomeLn 4–11$819K
Gains on assetsLn 7$261K
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
SavingsLn 2$696K
Cash and savings togetherLn 1–2$696K
InvestmentsLn 11–13$3.1M
Other assetsLn 15$551K
Total assetsLn 16$4.4M
LiabilitiesLn 26$0
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 566
VolunteersI 614
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.1M$696K
InvestmentsLn 11–13$3.2M$3.1M
Total assetsLn 16$7.4M$4.4M
LiabilitiesLn 26$2.6M$0
Net assetsLn 32$4.8M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$523K$166K$358K
Other salaries and wagesLn 7$484K$153K$331K
Pension plan contributionsLn 8$4K$4K
Other employee benefitsLn 9$17K$5K$12K
Payroll taxesLn 10$63K$20K$43K
Management feesLn 11a$3K$3K
Legal feesLn 11b$66K$66K
Accounting feesLn 11c$26K$26K
Investment management feesLn 11f$20K$20K
Other fees for servicesLn 11g$5K$2K$2K
Office expensesLn 13$6K$6K
Information technologyLn 14$23K$23K
OccupancyLn 16$94K$788$93K
TravelLn 17$7K$7K
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$48K$48K
Other expenses (24a–d)Ln 24$60K$30K$29K
All other expensesLn 24e$3K$269$3K
Total functional expensesLn 25$1.5M$378K$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 LatestFiled with the IRS Feb 15, 2024 $6K$0 990 PDF
FY2022Filed with the IRS May 31, 2023 $107K$401K−$293K$3.8M 990 PDF
FY2021Filed with the IRS Aug 9, 2022 $192K$440K−$248K$4.7M 990 PDF
FY2020 ViewingFiled with the IRS Jul 21, 2021 $1.0M$1.5M−$455K$4.4M 990 PDF

Schedules filed Part IV

I · Grants J · Pay O · Explanations
See the full FY2020 990
Part I · Summary $1,002,673 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $110,328$100,037
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $265,688$345,338
I-11 Other revenuePrior year $2,948,356$557,298
I-12 Total revenuePrior year $3,324,372$1,002,673
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 $2,340,000$1,091,047
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,682,214$366,317
I-18 Total expensesPrior year $4,022,214$1,457,364
I-19 Revenue less expensesPrior year −$697,842−$454,691
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,002,673 across 5 lines filed
Lines not itemized here account for $557,298 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$100,037
VIII-1h Total contributions, gifts and grants$100,037
VIII-3 Investment incomeExcluded from tax $84,096$84,096
VIII-7 Net gain or loss on sales of assetsExcluded from tax $261,242$261,242
VIII-12 Total revenueRelated to mission $557,298 · Unrelated business $0 · Excluded from tax $345,338$1,002,673
Part IX · Statement of functional expenses $1,457,364 across 18 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $165,643 · Management $357,824$523,467
IX-7 Other salaries and wagesPrograms $153,129 · Management $330,791$483,920
IX-8 Pension plan contributionsManagement $3,571$3,571
IX-9 Other employee benefitsPrograms $5,354 · Management $11,565$16,919
IX-10 Payroll taxesPrograms $19,989 · Management $43,181$63,170
IX-11a Management feesManagement $2,523$2,523
IX-11b Legal feesManagement $65,853$65,853
IX-11c Accounting feesManagement $25,709$25,709
IX-11f Investment management feesManagement $20,070$20,070
IX-11g Other fees for servicesPrograms $2,491 · Management $2,440$4,931
IX-13 Office expensesManagement $5,806$5,806
IX-14 Information technologyManagement $23,430$23,430
IX-16 OccupancyPrograms $788 · Management $92,996$93,784
IX-17 TravelManagement $6,914$6,914
IX-22 Depreciation, depletion and amortizationManagement $6,265$6,265
IX-23 InsuranceManagement $48,144$48,144
IX-24 Other expenses (24a–d)Programs $30,316 · Management $29,494$59,810
IX-24e All other expensesPrograms $269 · Management $2,809$3,078
IX-25 Total functional expensesPrograms $377,979 · Management $1,079,385 · Fundraising $0$1,457,364
Part X · Balance sheet $4,384,241 assets, 9 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,090,524$695,908
X-11 Publicly traded securitiesStart of year $3,243,204$3,136,932
X-15 Other assetsStart of year $0$551,401
X-16 Total assetsStart of year $7,389,233$4,384,241
X-26 Total liabilitiesStart of year $2,630,091$0
X-27 Net assets without donor restrictionsStart of year $4,745,099$4,384,241
X-28 Net assets with donor restrictionsStart of year $14,043$0
X-32 Total net assets or fund balancesStart of year $4,759,142$4,384,241
X-33 Total liabilities and net assetsStart of year $7,389,233$4,384,241
Part XI · Reconciliation of net assets $4,384,241 net assets at year end
XI-1 Total revenue$1,002,673
XI-2 Total expenses$1,457,364
XI-3 Revenue less expenses−$454,691
XI-4 Net assets at start of year$4,759,142
XI-5 Net unrealized gains (losses) on investments$29,337
XI-6 Donated services and use of facilities$50,453
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,384,241

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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.