Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
87 cents of each dollar spent went to programs.
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
3 people listed on the 990; $80K paid to officers and key staff.
Ashley Stewart’s $80K as Executive Director is at the 71st percentile of top reported officer pay among 2168 $100K–1M human services 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.
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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 15aNo
Programs and updates
Helps renters overcome financial barriers to build a better future.
Questions for Relevium Foundation INC
Your first name shows with your question. Relevium Foundation INC answers here, for everyone.
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The freerent foundation is dedicated to preventing eviction and promoting long-term housing stability for low-to-moderate-income families. Our mission is to provide rental assistance and wraparound services that offer families a pathway to financial stability.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $349K | |
| Total assetsLn 16 | $0 | $349K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $0 | $349K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $190K | $190K | ||
| Grants to domestic individualsLn 2 | $216K | $216K | ||
| Management feesLn 11a | $4K | $4K | ||
| Legal feesLn 11b | $13K | $13K | ||
| Advertising and promotionLn 12 | $763 | $763 | ||
| Information technologyLn 14 | $2K | $2K | ||
| Conferences, conventions and meetingsLn 19 | $35K | $35K | ||
| Other expenses (24a–d)Ln 24 | $4K | $4K | ||
| Total functional expensesLn 25 | $464K | $406K | $23K | $35K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $813K | $464K | $349K | $349K | 990 PDF |
| FY2023 | $15K | $46K | −$30K | $233K | 990 PDF |
| FY2022 | $167K | $92K | $74K | $264K | 990 PDF |
| FY2021 | $131K | $55K | $76K | $189K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $813,175 revenue, 12 lines filed
Part VI · Governance 3 of 3 board members independent, 4 to look at
Part VIII · Statement of revenue $813,175 across 3 lines filed
Part IX · Statement of functional expenses $463,877 across 8 lines filed
Part X · Balance sheet $349,298 assets, 6 lines filed
Part XI · Reconciliation of net assets $349,298 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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