Change the Ref INC EIN 82-4538977 Form 990 (PDF) Claim this org

Change the Ref INC FY2023 filing

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Change the Ref INC is a civil rights and advocacy nonprofit based in Coral Springs, FL. For fiscal year 2023 it reported $435K in revenue, $499K in expenses, and $345K in net assets.Pt I

Type
Public charity (501(c)(3)) · Civil Rights & Advocacy
Location
Coral Springs, FL
Website
changetheref.org
Filings
5 on file (2021–2023)
Revenue
$435KFY2023
Expenses
$499K
Net assets
$345K
People
7
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-4538977 Public charity (501(c)(3)) Coral Springs, FL
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
a civil rights and advocacy nonprofit
Leadership
Patricia Padauy · President · $96K
Money in and out
$435K revenue, $499K expenses
Bottom line
49% program efficiency
Where the money goes · FY2023
Total revenue
$435K
Pt VIII · Ln 12
Total expenses
$499K
Pt IX · Ln 25
Net assets
$345K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$64K
Where spending went · Part IX cols B–D
Program services $0.49 Management & general $0.20 Fundraising $0.30
Program efficiency
49%
of spending reaches programs
Operating runway
5.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
-15%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$435K
FY2023▼ -16%
Expenses
$499K
FY2023▲ +31%
Total assets
$351K
FY2023▼ -15%
Total liabilities
$5K
FY2023
Total revenue
$435K
Pt VIII · Ln 12
Total expenses
$499K
Pt IX · Ln 25
Net assets
$345K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$64K
Total assetsPt X · Ln 16$351K
Program-expense ratioPt IX · col B49%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $247K of program spending, described in the organization's own filed words · FY2022.
01

Change the ref (CTR), was formed to empower our future leaders. CTR gives the kids of today the tools they need to be empowered to make changes to critical issues that affect our nation, through education, conversation, and activism.

$247Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChange the Ref INC
EINHdr · item D82-4538977
Principal addressHdr · item CCoral Springs, FL
WebsiteHdr · item Jchangetheref.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R60)
Ruling yearIRS BMFJul 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$96,000Pt VII · Sec A
Vice President
$72,000Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Patricia Padauy’s $96K as President is at the 72nd percentile of top reported officer pay among 1036 $100K–1M civil rights & advocacy 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 · 2 named individuals · Part VII

NameFY2024FY2023FY2022FY2021
Patricia Padauy$96,000$96,000$90,000$42,000
Manuel Oliver$72,000$72,000$63,600$27,600

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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Statement of Revenue

Part VIII
Contributions & grants100%$437K
Investment income$39
Total revenueLn 12$435K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.49 Management & general $0.20 Fundraising $0.30
Program services49%$247K
Management & general20%$101K
Fundraising30%$152K
Total functional expensesLn 25$499K

Balance Sheet

Part X · end of year
CashLn 1$244K
Total assetsLn 16$351K
Total liabilitiesLn 26$5K
Total net assetsLn 32$345K
Months of cash on handcomputed5.9

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $244K · Operating expenses/yr $499K
5.9 months
Where the money goes
Program services
Program services $247K · Total expenses $499K
49%
Management & General
Management & general $101K · Total expenses $499K
20%
Fundraising
Fundraising $152K · Total expenses $499K
30%
Cost to raise $1
Fundraising expense (3-yr avg) $103K · Solicited contributions (3-yr avg) $393K
$0.26 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $437K · Total revenue $435K
100%
Government reliance
Government grants — · Total revenue $435K
Earned-income share
Program service revenue $0 · Total revenue $435K
0%
Investment reliance
Investment income $39 · Total revenue $435K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $499K
0%
Growth & trend
Revenue growth (YoY)
This year $435K · Prior year $521K
-16%
Net-asset trend (YoY)
End of year $345K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $435K · Expenses $499K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $351K
Net-asset ratio
Net assets $345K · Total assets $351K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $351K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patricia Padauy · Reported title PRESIDENT · Highest reported compensation $96K · Total expenses $499K
19%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $181K · Total expenses $499K
36%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 49%
Overhead ratio 20%
Fundraising cost ratio 35%
Revenue growth -16%
Accounting fee ratio 1%

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
Vyuha INCFY2024$1K
Total grants receivedfrom 6 funders$47K
See all 6 funders →

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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)$507K revenue · ⤓ 990 PDF
FY2024$629K revenue · ⤓ 990 PDF
FY2023$435K revenue · viewing · ⤓ 990 PDF
FY2022$521K revenue · ⤓ 990 PDF
FY2021$228K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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