The Red Tab Foundation FY2023 filing

Tax-deductible

San Francisco, CA501(c)(3)UnclassifiedEIN 94-2779937Revenue $3.1M in FY2023

On file with the IRSredtabfoundation.org1155 Battery Street Ls7, 94111-1203 · San Francisco, CATax-exempt since May 1982Publicly supported charity — 170(b)(1)(A)(vi)

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To provide emergency funds for levi strauss & co. Employees, retirees and their families.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$720K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $591K a year · 20% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$720K
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$32K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+17% vs prior year
Spent
$4.5M
To programs
92%
Net assets
$16.1M
By yearFY2020–FY2025
Revenue
$3.1M
FY2023▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.3M
FY2021$2.3M
FY2022$2.6M
FY2023$3.1M
FY2024$3.1M
FY2025$2.9M
Expenses
$4.5M
FY2023▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.8M
FY2021$3.4M
FY2022$3.3M
FY2023$4.5M
FY2024$4.3M
FY2025$2.6M
Net assets
$16.1M
FY2023▼ -11%
Tap a bar for its year
Net assets by fiscal year
FY2020$17.2M
FY2021$20.0M
FY2022$18.0M
FY2023$16.1M
FY2024$16.9M
FY2025$18.2M

From the FY2023 Form 990 (year ending May 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $4.1M Management & general 3% · $147K Fundraising 5% · $207K

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

17 people listed on the 990; $720K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Executive Director
$312,893Pt VII · Sec A
Global Philanthropy Lead
$159,344Pt VII · Sec A
Global Programs Manager
$135,442Pt VII · Sec A
Comms & Programs Manager
$112,816Pt 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

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jenny Rodriguez$324,984$308,701$312,893———
Jenny Calvert Rodriguez———$199,860$199,954$154,556
John Booker$164,384$164,855$159,344$120,819$138,252$133,174
Bryce Kumagai$147,401$153,570$135,442$112,645$112,090—
Ella Clausen$128,408$112,816$112,816———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Red Tab Foundation executive salaries →

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers emergency financial aid to Levi Strauss & Co. employees, retirees, and their families.

Provided by the organization

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3 programs · $4.1M · in their own filed words · FY2022
01

Global grant programsthe current goal of the global grant program is to protect the basic needs of employees and retirees who are facing financial emergencies. The long-term goal is to do the same, with expanded global reach and strong referrals to other resources to address underlying causes of financial instability.

$3.4Mprogram expense
02

Red tab savers programthe current goal of the program is to incentivize hourly employees to save their own money to build a financial safety net. The long-term goal is to do the same at a greater scale.

$468Kprogram expense
03

Interest-free emergency loansinterest-free loans are offered to employees in circumstances where the need is more of a cash flow issue than a true financial emergency. In fiscal year 2023, 239 employees were issued no-interest loans totaling $232,492.

$232Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 12 grants · $10.2M · 2019–2024
Unitemized GrantFY2024$1,448,499
Unitemized GrantFY2024$36,800
Unitemized GrantFY2023$1,640,507
Unitemized GrantFY2023$166,124
Unitemized GrantFY2022$2,078,634
Unitemized GrantFY2022$198,578
Unitemized GrantFY2021$1,425,709
Unitemized GrantFY2021$44,994
Unitemized GrantFY2020$1,668,714
Unitemized GrantFY2020$72,627
Unitemized GrantFY2019$1,378,989
Unitemized GrantFY2019$24,591

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Gifts and grantsLn 1h$2.3M
Investment incomeLn 3$771K
Money outPt IX
$4.5M
Ln 25
Programscol B$4.1M
Managementcol C$147K
Fundraisingcol D$207K
Owns and owesPt X
$16.1M
net assets · Ln 32
Cash and savingsLn 1–2$584K
Total assetsLn 16$16.2M
LiabilitiesLn 26$32K
PeoplePt VI, VII
17
listed · VII A
PaidVII A4
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.3M
Noncash giftsLn 1g$123K
Fundraising eventsLn 1c$96K
Investment incomeLn 3$771K
Gains on assetsLn 7$375K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$347K
SavingsLn 2$237K
Cash and savings togetherLn 1–2$584K
InvestmentsLn 11–13$15.2M
Total assetsLn 16$16.2M
LiabilitiesLn 26$32K
Net assetsLn 32$16.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 695
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$458K$584K
InvestmentsLn 11–13$17.3M$15.2M
Total assetsLn 16$18.1M$16.2M
LiabilitiesLn 26$25K$32K
Net assetsLn 32$18.0M$16.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.3M$2.3M
Grants and assistance to foreign recipientsLn 3$815K$815K
Pay of current officers, directors and key staffLn 5$315K$275K$40K
Other salaries and wagesLn 7$540K$398K$17K$125K
Other employee benefitsLn 9$180K$135K$3K$42K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$79K$16K$63K
Investment management feesLn 11f$9K$9K
Other fees for servicesLn 11g$105K$105K
Advertising and promotionLn 12$6K$5K$2K
Office expensesLn 13$9K$5K$773$4K
Information technologyLn 14$23K$12K$1K$10K
TravelLn 17$5K$1K$4K
InsuranceLn 23$3K$2K$176$491
Other expenses (24a–d)Ln 24$123K$92K$12K$20K
Total functional expensesLn 25$4.5M$4.1M$147K$207K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.9M$2.6M$288K$18.2M 990 PDF
FY2024 $3.1M$4.3M−$1.2M$16.9M 990 PDF
FY2023 Viewing $3.1M$4.5M−$1.4M$16.1M 990 PDF
FY2022 $2.6M$3.3M−$700K$18.0M 990 PDF
FY2021 $2.3M$3.4M−$1.1M$20.0M 990 PDF
FY2020 $3.3M$2.8M$580K$17.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $3,089,667 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,155,724$2,323,023
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $476,727$770,533
I-11 Other revenuePrior year −$1,442−$3,889
I-12 Total revenuePrior year $2,631,009$3,089,667
I-13 Grants and similar amounts paidPrior year $2,214,967$3,092,391
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $829,824$1,035,453
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $286,613$364,379
I-18 Total expensesPrior year $3,331,404$4,492,223
I-19 Revenue less expensesPrior year −$700,395−$1,402,556
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,089,667 across 8 lines filed
VIII-1c Fundraising events$95,741
VIII-1f All other contributions, gifts and grants$2,227,282
VIII-1g Noncash contributions (included above)$123,389
VIII-1h Total contributions, gifts and grants$2,323,023
VIII-3 Investment incomeExcluded from tax $395,355$395,355
VIII-7 Net gain or loss on sales of assetsExcluded from tax $375,178$375,178
VIII-8 Net income from fundraising eventsExcluded from tax −$3,889−$3,889
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $766,644$3,089,667
Part IX · Statement of functional expenses $4,492,223 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $2,277,222$2,277,222
IX-3 Grants and assistance to foreign recipientsPrograms $815,169$815,169
IX-5 Pay of current officers, directors and key staffPrograms $274,746 · Management $40,246$314,992
IX-7 Other salaries and wagesPrograms $397,883 · Management $16,976 · Fundraising $125,288$540,147
IX-9 Other employee benefitsPrograms $134,896 · Management $2,982 · Fundraising $42,436$180,314
IX-11b Legal feesManagement $1,364$1,364
IX-11c Accounting feesPrograms $15,792 · Management $62,764$78,556
IX-11f Investment management feesManagement $8,910$8,910
IX-11g Other fees for servicesPrograms $105,248$105,248
IX-12 Advertising and promotionPrograms $4,544 · Fundraising $1,704$6,248
IX-13 Office expensesPrograms $4,729 · Management $773 · Fundraising $3,659$9,161
IX-14 Information technologyPrograms $12,000 · Management $1,138 · Fundraising $9,761$22,899
IX-17 TravelPrograms $1,092 · Fundraising $4,391$5,483
IX-23 InsurancePrograms $2,364 · Management $176 · Fundraising $491$3,031
IX-24 Other expenses (24a–d)Programs $91,843 · Management $11,965 · Fundraising $19,671$123,479
IX-25 Total functional expensesPrograms $4,137,528 · Management $147,294 · Fundraising $207,401$4,492,223
Part X · Balance sheet $16,161,355 assets, 12 lines filed
Asset lines not itemized here account for $161,779; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $108,787$347,200
X-2 Savings and temporary cash investmentsStart of year $349,380$236,985
X-3 Pledges and grants receivableStart of year $232,967$123,324
X-4 Accounts receivableStart of year $55,297$0
X-9 Prepaid expenses and deferred chargesStart of year $25,552$79,645
X-11 Publicly traded securitiesStart of year $17,269,155$15,212,422
X-16 Total assetsStart of year $18,056,579$16,161,355
X-17 Accounts payable and accrued expensesStart of year $24,681$32,407
X-26 Total liabilitiesStart of year $24,681$32,407
X-27 Net assets without donor restrictionsStart of year $18,031,898$16,128,948
X-32 Total net assets or fund balancesStart of year $18,031,898$16,128,948
X-33 Total liabilities and net assetsStart of year $18,056,579$16,161,355
Part XI · Reconciliation of net assets $16,128,948 net assets at year end
XI-1 Total revenue$3,089,667
XI-2 Total expenses$4,492,223
XI-3 Revenue less expenses−$1,402,556
XI-4 Net assets at start of year$18,031,898
XI-5 Net unrealized gains (losses) on investments−$1,271,403
XI-6 Donated services and use of facilities$771,009
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$16,128,948

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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