Rreps INC EIN 83-3745461 Form 990 (PDF) Claim this org

Rreps INC FY2024 filing

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Advocates for judicial reform and provides programs to prevent incarceration and aid successful reentry. For fiscal year 2024 it reported $529K in revenue, $341K in expenses, and $242K in net assets.Pt I

Founded
2019
Type
Public charity (501(c)(3)) · Crime & Legal
Location
Raleigh, NC
Filings
4 on file (2022–2024)
Revenue
$529KFY2024
Expenses
$341K
Net assets
$242K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  83-3745461 Public charity (501(c)(3)) Raleigh, NC Founded 2019
Form 990 (PDF)
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
Advocates for judicial reform and provides programs to prevent incarceration and aid successful reentry.
Leadership
Theresa Pittman · Secretary
Money in and out
$529K revenue, $341K expenses
Bottom line
87% program efficiency
Where the money goes · FY2024
Total revenue
$529K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$242K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $188K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03
Program efficiency
87%
of spending reaches programs
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+36%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$529K
FY2024▲ +710%
Expenses
$341K
FY2024
Total assets
$242K
FY2024
Total liabilities
$0
FY2024
Total revenue
$529K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$242K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$188K
Total assetsPt X · Ln 16$242K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRreps INC
EINHdr · item D83-3745461
Principal addressHdr · item CRaleigh, NC
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2019
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40)
Ruling yearIRS BMFApr 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $68K of program spending, described in the organization's own filed words · FY2024.
01

Mobile recidivism reduction resource center- the mobile recidivism reducttion center is dedicated to providing critical reentry support directly to justice-involved and justice-impacted individuals and communities, meeting them literally where they are. Designed to serve underserved communities across north carolina.

$31Kprogram expense
02

Recidivism reduction hotline- the recidivism reduction hotline allows people recently released from PRISO/JAIL, regurning citizens, their loved ones, case managers, PROBATION/PAROLE officers, AND/OR those seeting reentry information to call the hotline and connect with a rreps specialist to request information about employment, housing…

$30Kprogram expense
03

Legislative advocacy fellowship- rreps justice-impacted legislative advocacy fellowship is a targeted initiative to break down barriers faced by justice-involved or justice-impacted individuals, equipping them with essential skills for civic advocacy.

$8Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$529K
Total revenueLn 12$529K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.10 Fundraising $0.03
Program services87%$298K
Management & general10%$33K
Fundraising3%$10K
Total functional expensesLn 25$341K

Balance Sheet

Part X · end of year
CashLn 1$216K
Total assetsLn 16$242K
Total liabilitiesLn 26$0
Total net assetsLn 32$242K
Months of cash on handcomputed7.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $216K · Operating expenses/yr $341K
7.6 months
Where the money goes
Program services
Program services $298K · Total expenses $341K
87%
Management & General
Management & general $33K · Total expenses $341K
10%
Fundraising
Fundraising $10K · Total expenses $341K
3%
Cost to raise $1
Fundraising expense $10K · Solicited contributions $529K
$0.02 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $529K · Total revenue $529K
100%
Government reliance
Government grants — · Total revenue $529K
Earned-income share
Program service revenue $0 · Total revenue $529K
0%
Investment reliance
Investment income $0 · Total revenue $529K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $341K
0%
Growth & trend
Revenue growth (YoY)
This year $529K · Prior year $65K
+710%
Net-asset trend (YoY)
End of year $242K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $529K · Expenses $341K
+36%
Liabilities-to-Assets
Total liabilities — · Total assets $242K
Net-asset ratio
Net assets $242K · Total assets $242K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $242K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Theresa Pittman · Reported title Secretary · Highest reported compensation $0 · Total expenses $341K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $114K · Total expenses $341K
33%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 10%
Fundraising cost ratio 2%
Revenue growth 710%
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
New Profit INCFY2024$110K
Total grants receivedfrom 6 funders$615K
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)$1.3M revenue · ⤓ 990 PDF
FY2024$529K revenue · viewing · ⤓ 990 PDF
FY2023$65K revenue · ⤓ 990 PDF
FY2022$116K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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