Rp One Foundation EIN 85-2108747

Rp One Foundation

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Offers grants to help Radiology Partners employees facing hardship. For fiscal year 2024 it reported $30K in revenue, $217K in expenses, and $750K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Encino, CA
Filings
5 on file (2020–2024)
Revenue
$30KFY2024
Expenses
$217K
Net assets
$750K
People
4
Filings
5
Updates
0
More identity details & actions ⌄
EIN  85-2108747 Public foundation / grantmaker Encino, CA
Form 990 (PDF)
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Size
<$100K
What they do
Offers grants to help Radiology Partners employees facing hardship.
Leadership
Jalie Cohen · Director
Money in and out
$30K revenue, $217K expenses
Bottom line
92% program efficiency
Grants paid & assets · FY2024
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$750K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$186K
Where spending went · Part IX cols B–D
Program services $0.92 Management & general $0.08
Program efficiency
92%
of spending reaches programs▲ +37% vs prior filing year
Operating runway
41.3mo
months of highly liquid reserves at operating expense rate▲ +4% vs prior filing year
Surplus margin
-618%
revenue over expenses, this year▼ -255% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$30K
FY2024▼ -68%
Expenses
$217K
FY2024▼ -17%
Total assets
$756K
FY2024▼ -19%
Total liabilities
$6K
FY2024▲ +391%
Total revenue
$30K
Pt VIII · Ln 12
Total expenses
$217K
Pt IX · Ln 25
Net assets
$750K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$186K
Total assetsPt X · Ln 16$756K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

1 program service account for $111K of program spending, described in the organization's own filed words · FY2024.
01

The foundation is organized and shall be operated for charitable and educational purposes. These purposes shall include, but are not limited to, providing financial assistance to needy employees of radiology partners and their dependents when they suffer unforeseeable hardships from personal tragedies, medical hardship, disaster, or…

$111Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRp One Foundation
EINHdr · item D85-2108747
Principal addressHdr · item CEncino, CA
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMar 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
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 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$16K · 54%
Investment income$14K · 46%
Contributions & grants54%$16K
Investment income46%$14K
Total revenueLn 12$30K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$200K
Management & general8%$17K
Total functional expensesLn 25$217K

Balance Sheet

Part X · end of year
CashLn 1$745K
Total assetsLn 16$756K
Total liabilitiesLn 26$6K
Total net assetsLn 32$750K
Months of cash on handcomputed41.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $745K · Operating expenses/yr $217K
41.3 months
Where the money goes
Program services
Program services $200K · Total expenses $217K
92%
Management & General
Management & general $17K · Total expenses $217K
8%
Fundraising
Fundraising $0 · Total expenses $217K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $19K · Solicited contributions (3-yr avg) $97K
$0.19 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $16K · Total revenue $30K
54%
Government reliance
Government grants — · Total revenue $30K
Earned-income share
Program service revenue $0 · Total revenue $30K
0%
Investment reliance
Investment income $14K · Total revenue $30K
+46%
Program self-sufficiency
Program service revenue $0 · Total expenses $217K
0%
Growth & trend
Revenue growth (YoY)
This year $30K · Prior year $95K
-68%
Revenue CAGR
FY2020 $1.5M · FY2024 $30K
-62%
Net-asset trend (YoY)
End of year $750K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $30K · Expenses $217K
-618%
Liabilities-to-Assets
Total liabilities — · Total assets $756K
Net-asset ratio
Net assets $750K · Total assets $756K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $756K
0%
People & payroll
Highest Reported Total Compensation
Individual Jalie Cohen · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $217K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2K · Total expenses $217K
0.8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%
Overhead ratio 8%
Fundraising cost ratio 0%
Revenue growth -68%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 3%
Fundraising fee ratio 0%

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$50K
Grants paid · 25 grants · $324K · 2020–2024
Unitemized GrantFY2024$17,400
Unitemized GrantFY2024$12,000
Unitemized GrantFY2024$6,000
Unitemized GrantFY2023$28,000
Health Improvement ProjectFY2023$15,000
Unitemized GrantFY2023$11,000
Unitemized GrantFY2023$6,000
Unitemized GrantFY2022$18,000
Unitemized GrantFY2022$12,000
Unitemized GrantFY2022$6,000
Unitemized GrantFY2022$6,000
Unitemized GrantFY2022$6,000
IndiasporaCA · FY2021$33,000
Am Soc for Health for AllMA · FY2021$33,000
Unitemized GrantFY2021$17,000
Unitemized GrantFY2021$12,000
Unitemized GrantFY2021$11,668
Unitemized GrantFY2021$11,000
See all 25 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)$30K revenue · viewing · ⤓ 990 PDF
FY2023$95K revenue · ⤓ 990 PDF
FY2022$179K revenue · ⤓ 990 PDF
FY2021$316K revenue · ⤓ 990 PDF
FY2020$1.5M 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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