Reda Educational Foundation EIN 93-3001788

Reda Educational Foundation

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Provides scholarships for educational pursuits. For fiscal year 2025 it reported $359K in revenue, $117K in expenses, and $564K in net assets.Pt I

Founded
2023
Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Overland Park, KS
Website
www.redafoundation.org
Filings
3 on file (2023–2025)
Revenue
$359KFY2025
Expenses
$117K
Net assets
$564K
People
5
Filings
3
Updates
0
More identity details & actions ⌄
EIN  93-3001788 Public foundation / grantmaker Overland Park, KS Founded 2023
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides scholarships for educational pursuits.
Leadership
Sam Reda · Chairman Emeritus
Money in and out
$359K revenue, $117K expenses
Bottom line
90% program efficiency
Grants paid & assets · FY2025
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $241K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.10
Program efficiency
90%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
57.7mo
months of highly liquid reserves at operating expense rate▼ -21% vs prior filing year
Surplus margin
+67%
revenue over expenses, this year▼ -16% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$359K
FY2025▲ +35%
Expenses
$117K
FY2025▲ +120%
Total assets
$564K
FY2025▲ +75%
Total liabilities
$0
FY2025
Total revenue
$359K
Pt VIII · Ln 12
Total expenses
$117K
Pt IX · Ln 25
Net assets
$564K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$241K
Total assetsPt X · Ln 16$564K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $106K of program spending, described in the organization's own filed words · FY2025.
01

The reda educational foundation administers a comprehensive scholarship program designed to support college students from low-income households. This initiative is rooted in the belief that access to quality education can transform lives and communities.

$106Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReda Educational Foundation
EINHdr · item D93-3001788
Principal addressHdr · item COverland Park, KS
WebsiteHdr · item Jwww.redafoundation.org
Year of formationHdr · item L2023
State of legal domicileHdr · item MKS
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T30)
Ruling yearIRS BMFMay 2024

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 2Yes

Officers, Directors & Key Employees

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

Part VIII
Contributions & grants$407K · 114%
Investment income$12K · 3%
Contributions & grants114%$407K
Investment income3%$12K
Total revenueLn 12$359K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.10
Program services90%$106K
Management & general10%$12K
Total functional expensesLn 25$117K

Balance Sheet

Part X · end of year
CashLn 1$564K
Total assetsLn 16$564K
Total liabilitiesLn 26$0
Total net assetsLn 32$564K
Months of cash on handcomputed57.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $564K · Operating expenses/yr $117K
57.7 months
Where the money goes
Program services
Program services $106K · Total expenses $117K
90%
Management & General
Management & general $12K · Total expenses $117K
10%
Fundraising
Fundraising $0 · Total expenses $117K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $1K · Solicited contributions (2-yr avg) $356K
$0.00 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $407K · Total revenue $359K
114%
Government reliance
Government grants — · Total revenue $359K
Earned-income share
Program service revenue $0 · Total revenue $359K
0%
Investment reliance
Investment income $12K · Total revenue $359K
+3%
Program self-sufficiency
Program service revenue $0 · Total expenses $117K
0%
Growth & trend
Revenue growth (YoY)
This year $359K · Prior year $265K
+35%
Net-asset trend (YoY)
End of year $564K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $359K · Expenses $117K
+67%
Liabilities-to-Assets
Total liabilities — · Total assets $564K
Net-asset ratio
Net assets $564K · Total assets $564K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $564K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sam Reda · Reported title CHAIRMAN EMERITUS · Highest reported compensation $0 · Total expenses $117K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $117K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%
Overhead ratio 10%
Revenue growth 35%

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
See all 4 funders →
Grants paid · 2 grants · $120K · 2024–2025
Unitemized GrantFY2025$98,360
Unitemized GrantFY2024$21,811

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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)$359K revenue · viewing · ⤓ 990 PDF
FY2024$265K revenue · ⤓ 990 PDF
FY2023$111K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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