The Rona Barrett Foundation EIN 77-0555412 Form 990 (PDF) Claim this org

The Rona Barrett Foundation

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Offers affordable housing for elderly residents in a community-focused model. For fiscal year 2025 it reported $233K in revenue, $542K in expenses, and $1.8M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Santa Ynez, CA
Website
www.ronabarrettfoundation.org
Filings
6 on file (2020–2025)
Revenue
$233KFY2025
Expenses
$542K
Net assets
$1.8M
People
6
Filings
6
Updates
0
More identity details & actions ⌄
EIN  77-0555412 Public foundation / grantmaker Santa Ynez, CA
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers affordable housing for elderly residents in a community-focused model.
Leadership
Rona Barrett · Director · $112K
Money in and out
$233K revenue, $542K expenses
Bottom line
58% program efficiency
Grants paid & assets · FY2025
Total revenue
$233K
Pt VIII · Ln 12
Total expenses
$542K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$309K
Where spending went · Part IX cols B–D
Program services $0.58 Management & general $0.33 Fundraising $0.08
Program efficiency
58%
of spending reaches programs-0.3% vs prior filing year
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate▼ -35% vs prior filing year
Surplus margin
-132%
revenue over expenses, this year▼ -58% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$233K
FY2025▼ -20%
Expenses
$542K
FY2025▲ +1%
Total assets
$1.8M
FY2025▼ -14%
Total liabilities
$822
FY2025▼ -43%
Total revenue
$233K
Pt VIII · Ln 12
Total expenses
$542K
Pt IX · Ln 25
Net assets
$1.8M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$309K
Total assetsPt X · Ln 16$1.8M
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 410

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Rona Barrett Foundation
EINHdr · item D77-0555412
Principal addressHdr · item CSanta Ynez, CA
WebsiteHdr · item Jwww.ronabarrettfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2001

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b10
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
Director
$112,178Pt VII · Sec A
Executive Dir.
$91,194Pt VII · Sec A
$14,018Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Rona Barrett’s $112K as Director is at the 89th percentile of top reported officer pay among 1264 $100K–1M 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 · 4 named individuals · Part VII

NameFY2025FY2022FY2021FY2020
Rona Barrett$112,178$94,231$75,000
Richard Morris$91,194
Rona Barrett$75,000
Vicki Wedmore$14,018

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $317K of program spending, described in the organization's own filed words · FY2025.
01

In addition to maintaining the current golden inn & village building, the affordable housing complex for low-income seniors, the rona barrett foundation continuted pre-development work on phase 2, which is to be called harrys house.

$230Kprogram expense
02

The MEAL/NUTRITION program for the residents at the golden inn & village, the affordable housing complex for low-income seniors envisioned by the rona barrett foundation, was expanded. In addition to lunches being prepared and served three days a week, residents have light self-serve breakfast offerings, weekend brunches and special…

$87Kprogram expense
03

To better serve the senior residents of the golden inn & village, the rona barrett foundation expanded its medical and health screenings and services to include chiropractic care, blood pressure clinics, audiology, podiatry care, physical therapy and vision care. These programs are provided at no cost to the residents.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$211K · 91%
Investment income$22K · 9%
Contributions & grants91%$211K
Investment income9%$22K
— government grantsLn 1e$102K
Total revenueLn 12$233K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.33 Fundraising $0.08
Program services58%$317K
Management & general33%$181K
Fundraising8%$45K
Total functional expensesLn 25$542K

Balance Sheet

Part X · end of year
CashLn 1$555K
Total assetsLn 16$1.8M
Total liabilitiesLn 26$822
Total net assetsLn 32$1.8M
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $555K · Operating expenses/yr $542K
12.3 months
Where the money goes
Program services
Program services $317K · Total expenses $542K
58%
Management & General
Management & general $181K · Total expenses $542K
33%
Fundraising
Fundraising $45K · Total expenses $542K
8%
Cost to raise $1
Fundraising expense (3-yr avg) $53K · Solicited contributions (3-yr avg) $195K
$0.27 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $211K · Total revenue $233K
91%
Government reliance
Government grants $102K · Total revenue $233K
44%
Earned-income share
Program service revenue $0 · Total revenue $233K
0%
Investment reliance
Investment income $22K · Total revenue $233K
+9%
Program self-sufficiency
Program service revenue $0 · Total expenses $542K
0%
Growth & trend
Revenue growth (YoY)
This year $233K · Prior year $292K
-20%
Revenue CAGR
FY2020 $476K · FY2025 $233K
-13%
Net-asset trend (YoY)
End of year $1.8M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $233K · Expenses $542K
-132%
Liabilities-to-Assets
Total liabilities — · Total assets $1.8M
Net-asset ratio
Net assets $1.8M · Total assets $1.8M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.8M
0%
People & payroll
Highest Reported Total Compensation
Individual Rona Barrett · Reported title Director · Highest reported compensation $112K · Total expenses $542K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $366K · Total expenses $542K
67%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%
Overhead ratio 33%
Fundraising cost ratio 21%
Revenue growth -20%
Investment management fee ratio 0%
Legal fee ratio 0.3%
Accounting fee ratio 2%
Fundraising 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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$35K

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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)$233K revenue · viewing · ⤓ 990 PDF
FY2024$292K revenue · ⤓ 990 PDF
FY2023$428K revenue · ⤓ 990 PDF
FY2022$475K revenue · ⤓ 990 PDF
FY2021$418K revenue · ⤓ 990 PDF
FY2020$476K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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