Relay Resources Enterprises FY2021 filing

Tax-deductible

Portland, OR501(c)(3)Since 2016Human ServicesEIN 81-1678140

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We transform workplaces and communities by championing disability inclusion.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $180K a year · 16% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.9 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $106
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$445K
138% of total assets
Concern: liabilities are 138% of assets; over 80%.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$887K
-24% vs prior year
Spent
$594K
To programs
72%
Net assets
−$122K
By yearFY2020–FY2024
Revenue
$887K
FY2021▼ -24%
Revenue by fiscal year
FY2020$1.2M
FY2021$887K
FY2022$1.3M
FY2023$1.3M
FY2024$870K
FY2024$712K
Expenses
$594K
FY2021▼ -41%
Expenses by fiscal year
FY2020$1.0M
FY2021$594K
FY2022$658K
FY2023$696K
FY2024$1.7M
FY2024$960K
Net assets
−$122K
FY2021▲ +71%
Net assets by fiscal year
FY2020−$420K
FY2021−$122K
FY2022$555K
FY2023$1.1M
FY2024$336K
FY2024$88K

From the FY2021 Form 990 (year ending June 2021) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2018.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $427K Management & general 28% · $167K

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

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Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Relay Resources Enterprises executive salaries →

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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

Championing disability inclusion to transform workplaces and communities.

Provided by the organization

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1 program service account for $427K of program spending, described in the organization's own filed words · FY2020.
01

To provide meaningful training and employment opportunities for people with disabilities and other barriers to employment in janitorial and general production and services.

$427Kprogram expense

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Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$106
Grants paid · 2 grants · $1.5M · 2023–2024
Relay ResourcesOR · FY2024$400,000
Relay ResourcesOR · FY2023$1,100,000

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$887K
Ln 12
Fees for servicesLn 2g$880K
Investment incomeLn 3$8K
Money outPt IX
$594K
Ln 25
Programscol B$427K
Managementcol C$167K
Owns and owesPt X
−$122K
net assets · Ln 32
Cash and savingsLn 1–2$47K
Total assetsLn 16$323K
LiabilitiesLn 26$445K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$880K
Investment incomeLn 3$8K
Total revenueLn 12$887K
Assets in detailPt X, end of year
CashLn 1$47K
Cash and savings togetherLn 1–2$47K
Total assetsLn 16$323K
LiabilitiesLn 26$445K
Net assetsLn 32−$122K
OperationsPt I, VI
EmployeesI 50
VolunteersI 611
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$101K$47K
Total assetsLn 16$229K$323K
LiabilitiesLn 26$649K$445K
Net assetsLn 32−$420K−$122K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$330K$330K
Pension plan contributionsLn 8$12K$12K
Other employee benefitsLn 9$24K$24K
Payroll taxesLn 10$26K$26K
Management feesLn 11a$164K$164K
Legal feesLn 11b$170$170
Other fees for servicesLn 11g$4K$3K$1K
Office expensesLn 13$454$454
OccupancyLn 16$525$175$350
TravelLn 17$5K$5K
Depreciation, depletion and amortizationLn 22$423$423
Other expenses (24a–d)Ln 24$26K$26K$0$0
Total functional expensesLn 25$594K$427K$167K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $870K$1.7M−$791K$336K 990 PDF
FY2023 $1.3M$696K$573K$1.1M 990 PDF
FY2022 $1.3M$658K$675K$555K 990 PDF
FY2021 Viewing $887K$594K$293K−$122K 990 PDF
FY2020 $1.2M$1.0M$151K−$420K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $887,219 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $879,635$879,635
VIII-3 Investment incomeExcluded from tax $7,584$7,584
VIII-12 Total revenueRelated to mission $879,635 · Unrelated business $0 · Excluded from tax $7,584$887,219
Part IX · Statement of functional expenses $594,072 across 12 lines filed
IX-7 Other salaries and wagesPrograms $329,822$329,822
IX-8 Pension plan contributionsPrograms $12,358$12,358
IX-9 Other employee benefitsPrograms $24,294$24,294
IX-10 Payroll taxesPrograms $26,165$26,165
IX-11a Management feesManagement $164,416$164,416
IX-11b Legal feesManagement $170$170
IX-11g Other fees for servicesPrograms $2,827 · Management $1,290$4,117
IX-13 Office expensesPrograms $454$454
IX-16 OccupancyPrograms $175 · Management $350$525
IX-17 TravelPrograms $5,230$5,230
IX-22 Depreciation, depletion and amortizationManagement $423$423
IX-24 Other expenses (24a–d)Programs $26,098 · Management $0 · Fundraising $0$26,098
IX-25 Total functional expensesPrograms $427,423 · Management $166,649 · Fundraising $0$594,072
Part X · Balance sheet $323,155 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $100,956$46,664
X-3 Pledges and grants receivableStart of year $122,690$271,860
X-9 Prepaid expenses and deferred chargesStart of year $613$437
X-14 Intangible assetsStart of year $4,616$4,194
X-16 Total assetsStart of year $228,875$323,155
X-17 Accounts payable and accrued expensesStart of year $15,259$3,856
X-19 Deferred revenueStart of year $0$52,563
X-25 Other liabilitiesStart of year $634,012$388,684
X-26 Total liabilitiesStart of year $649,271$445,103
X-27 Net assets without donor restrictionsStart of year −$420,396−$121,948
X-32 Total net assets or fund balancesStart of year −$420,396−$121,948
X-33 Total liabilities and net assetsStart of year $228,875$323,155
Part XI · Reconciliation of net assets −$121,948 net assets at year end
XI-1 Total revenue$887,219
XI-2 Total expenses$594,072
XI-3 Revenue less expenses$293,147
XI-4 Net assets at start of year−$420,396
XI-9 Other changes in net assets$5,301
XI-10 Net assets at end of year−$121,948

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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