Devon C Rubenstein Foundation INC EIN 83-2564580

Devon C Rubenstein Foundation INC FY2022 filing

EIN  83-2564580 Public charity (501(c)(3)) Gaithersburg, MD
Form 990 (PDF)
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Size
<$100K
What they do
Supports mental wellness and suicide prevention programs for middle and high school students.
Leadership
Mitchell Rubenstein · Presdient
Money in and out
$206K revenue, $286K expenses
Bottom line
97% program efficiency

Supports mental wellness and suicide prevention programs for middle and high school students. For fiscal year 2022 it reported $206K in revenue, $286K in expenses, and $351K in net assets.Pt I

Where the money goes · FY2022
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$351K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Where spending went · Part IX cols B–D
Program services $0.97 Fundraising $0.03
Program efficiency
97%
of spending reaches programs
Operating runway
14.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-39%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$206K
FY2022▼ -45%
Expenses
$286K
FY2022▲ +204%
Total assets
$351K
FY2022▼ -19%
Total liabilities
$0
FY2022
Total revenue
$206K
Pt VIII · Ln 12
Total expenses
$286K
Pt IX · Ln 25
Net assets
$351K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$80K
Total assetsPt X · Ln 16$351K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $278K of program spending, described in the organization's own filed words · FY2022.
01

Our Minds Matter (omm)

Provide mental health support and initiatives to schools and students in montgomery county through speaker presentations and mental awareness campaigns. Invest in many campaigns to foster help-seeking behavior, promote social connectedness and encourage self-care and healthy habits.

$278Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CDevon C Rubenstein Foundation INC
EINHdr · item D83-2564580
Principal addressHdr · item CGaithersburg, MD
WebsiteHdr · item Jwww.dcrfinc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMental Health (F30)
Ruling yearIRS BMFMay 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
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
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants130%$268K
Total revenueLn 12$206K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Fundraising $0.03
Program services97%$278K
Fundraising3%$8K
Total functional expensesLn 25$286K

Balance Sheet

Part X · end of year
CashLn 1$344K
Total assetsLn 16$351K
Total liabilitiesLn 26$0
Total net assetsLn 32$351K
Months of cash on handcomputed14.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $344K · Operating expenses/yr $286K
14.4 months
Where the money goes
Program services
Program services $278K · Total expenses $286K
97%
Management & General
Management & general $0 · Total expenses $286K
0%
Fundraising
Fundraising $8K · Total expenses $286K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $3K · Solicited contributions (3-yr avg) $259K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $206K
130%
Government reliance
Government grants — · Total revenue $206K
Earned-income share
Program service revenue $0 · Total revenue $206K
0%
Investment reliance
Investment income $0 · Total revenue $206K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $286K
0%
Growth & trend
Revenue growth (YoY)
This year $206K · Prior year $378K
-45%
Net-asset trend (YoY)
End of year $351K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $206K · Expenses $286K
-39%
Liabilities-to-Assets
Total liabilities — · Total assets $351K
Net-asset ratio
Net assets $351K · Total assets $351K
100%
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 Mitchell Rubenstein · Reported title PRESDIENT · Highest reported compensation $0 · Total expenses $286K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $286K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 0%
Fundraising cost ratio 3%
Revenue growth -45%

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 · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$5K
Grants paid · 7 grants · $652K · 2020–2023
Our Minds MatterVA · FY2023$244,718
Unitemized GrantFY2023$12,250
Our Minds MatterVA · FY2022$255,294
Unitemized GrantFY2022$12,000
Our Minds MatterVA · FY2021$66,000
Unitemized GrantFY2021$12,000
Our Minds MatterVA · FY2020$50,000

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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)$10K revenue · ⤓ 990 PDF
FY2024$145K revenue · ⤓ 990 PDF
FY2023$147K revenue · ⤓ 990 PDF
FY2022$206K revenue · viewing · ⤓ 990 PDF
FY2021$378K revenue · ⤓ 990 PDF
FY2020$116K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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