Arf Charitable Foundation EIN 83-2786566 Form 990 (PDF) Claim this org

Arf Charitable Foundation FY2021 filing

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Encourages diversity and excellence in marketing research and data analytics careers. For fiscal year 2021 it reported $639K in revenue, $331K in expenses, and $3.5M in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
New York, NY
Website
www.thearf.org
Filings
5 on file (2020–2021)
Revenue
$639KFY2021
Expenses
$331K
Net assets
$3.5M
People
11
Filings
5
Updates
0
More identity details & actions ⌄
EIN  83-2786566 Public foundation / grantmaker New York, NY
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Encourages diversity and excellence in marketing research and data analytics careers.
Leadership
Scott McDonald · Board Member/Chair/President/CEO
Money in and out
$639K revenue, $331K expenses
Bottom line
43% program efficiency
Grants paid & assets · FY2021
Total revenue
$639K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $308K
Where spending went · Part IX cols B–D
Program services $0.43 Management & general $0.57
Program efficiency
43%
of spending reaches programs
Operating runway
128.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
+48%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$639K
FY2021▲ +89%
Expenses
$331K
FY2021▲ +235%
Total assets
$3.7M
FY2021▼ -14%
Total liabilities
$189K
FY2021▼ -80%
Total revenue
$639K
Pt VIII · Ln 12
Total expenses
$331K
Pt IX · Ln 25
Net assets
$3.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$308K
Total assetsPt X · Ln 16$3.7M
Program-expense ratioPt IX · col B43%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $144K of program spending, described in the organization's own filed words · FY2021.
01

Scholarship Program

As a part of the organization's efforts to provide educational opportunities to underserved and underrepresented populations in advertising, marketing, research, and analytics, the organization provided two year scholarships for undergraduate students pursuing a degree in an analytics or marketing related field.

$144Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CArf Charitable Foundation
EINHdr · item D83-2786566
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.thearf.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T21)
Ruling yearIRS BMFJun 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member/Chair/President/CEO
$0Pt VII · Sec A
Board Member/Treasurer/CFO
$0Pt VII · Sec A
Board Member/Secretary
$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
Board Member
$0Pt VII · Sec A
See Arf Charitable Foundation executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$364K · 57%
Investment income$275K · 43%
Contributions & grants57%$364K
Investment income43%$275K
Total revenueLn 12$639K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.43 Management & general $0.57
Program services43%$144K
Management & general57%$187K
Total functional expensesLn 25$331K

Balance Sheet

Part X · end of year
CashLn 1$1.2M
Total assetsLn 16$3.7M
Total liabilitiesLn 26$189K
Total net assetsLn 32$3.5M
Months of cash on handcomputed44.7

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.5M · Operating expenses/yr $331K
128.1 months
Where the money goes
Program services
Program services $144K · Total expenses $331K
43%
Management & General
Management & general $187K · Total expenses $331K
57%
Fundraising
Fundraising $0 · Total expenses $331K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $352K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $364K · Total revenue $639K
57%
Government reliance
Government grants — · Total revenue $639K
Earned-income share
Program service revenue $0 · Total revenue $639K
0%
Investment reliance
Investment income $275K · Total revenue $639K
+43%
Program self-sufficiency
Program service revenue $0 · Total expenses $331K
0%
Growth & trend
Revenue growth (YoY)
This year $639K · Prior year $339K
+89%
Net-asset trend (YoY)
End of year $3.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $639K · Expenses $331K
+48%
Liabilities-to-Assets
Total liabilities — · Total assets $3.7M
Net-asset ratio
Net assets $3.5M · Total assets $3.7M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $2.3M · Total assets (Pt X, ln 16) $3.7M
63%
People & payroll
Highest Reported Total Compensation
Individual Scott McDonald · Reported title BOARD MEMBER/CHAIR/PRESIDENT/CEO · Highest reported compensation $0 · Total expenses $331K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $143K · Total expenses $331K
43%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 43%
Overhead ratio 57%
Fundraising cost ratio 0%
Revenue growth 89%
Legal fee ratio 0.9%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$111K
See all 3 funders →
Grants paid · 20 grants · $500K · 2020–2024
See all 20 grants →

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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
FY2024 (Latest)$460K revenue · ⤓ 990 PDF
FY2023$515K revenue · ⤓ 990 PDF
FY2022$390K revenue · ⤓ 990 PDF
FY2021$639K revenue · viewing · ⤓ 990 PDF
FY2020$339K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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