Civic Intelligence

Rite Aid Healthy Futures

990 • Fiscal year 2015 • EIN 25-1892843

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 15, 2016

30 Hunter LaneCamp Hill, PA 17011

(717) 972-3940

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.13x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

49th percentile

0.31x

Higher debt load relative to revenue than 49% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

100th percentile

$9,375,510

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 70.4% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

96th percentile

53%

Faster asset growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-22%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Up

$33,032,879

Up $24,646,024 (+294%) from 2013

Net Assets

Up

$28,869,879

Up $20,749,964 (+256%) from 2013

Liabilities

Up

$4,163,000

Up $3,896,060 (+1460%) from 2013

Revenue

Up

$13,313,183

Up $4,791,066 (+56%) from 2013

Expenses

Up

$5,808,258

Up $3,470,510 (+148%) from 2013

Net Income

Up

$7,504,925

Up $1,320,556 (+21%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $1,709,706Liabilities 2010: $253,062Net Assets 2010: $1,456,6442010Assets 2011: $1,581,314Liabilities 2011: $403,131Net Assets 2011: $1,178,1832011Assets 2012: $2,214,600Liabilities 2012: $279,054Net Assets 2012: $1,935,5462012Assets 2013: $8,386,855Liabilities 2013: $266,940Net Assets 2013: $8,119,9152013Assets 2015: $33,032,879Liabilities 2015: $4,163,000Net Assets 2015: $28,869,8792015Assets 2016: $37,694,975Liabilities 2016: $5,104,475Net Assets 2016: $32,590,5002016Assets 2017: $44,496,127Liabilities 2017: $5,862,229Net Assets 2017: $38,633,8982017Assets 2018: $46,085,600Liabilities 2018: $4,328,129Net Assets 2018: $41,757,4712018Assets 2019: $43,289,440Liabilities 2019: $13,342,929Net Assets 2019: $29,946,5112019Assets 2021: $33,191,715Liabilities 2021: $9,006,890Net Assets 2021: $24,184,8252021Assets 2022: $25,153,869Liabilities 2022: $4,904,548Net Assets 2022: $20,249,3212022Assets 2024: $16,238,775Liabilities 2024: $128,717Net Assets 2024: $16,110,0582024

Highlighted filing

2015

Assets$33,032,879
Liabilities$4,163,000
Net Assets$28,869,879

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MExpenses 2010: $2,077,2392010Expenses 2011: $2,025,6232011Expenses 2012: $1,953,5762012Revenue 2013: $8,522,117Expenses 2013: $2,337,748Net Income 2013: $6,184,3692013Revenue 2015: $13,313,183Expenses 2015: $5,808,258Net Income 2015: $7,504,9252015Revenue 2016: $13,191,307Expenses 2016: $9,470,686Net Income 2016: $3,720,6212016Revenue 2017: $14,203,595Expenses 2017: $8,160,197Net Income 2017: $6,043,3982017Revenue 2018: $14,744,607Expenses 2018: $11,621,034Net Income 2018: $3,123,5732018Revenue 2019: $16,580,430Expenses 2019: $28,592,360Net Income 2019: -$12,011,9302019Revenue 2021: $15,687,011Expenses 2021: $8,277,715Net Income 2021: $7,409,2962021Revenue 2022: $14,142,848Expenses 2022: $14,524,401Net Income 2022: -$381,5532022Revenue 2024: $5,746,918Expenses 2024: $11,756,886Net Income 2024: -$6,009,9682024

Highlighted filing

2015

Revenue$13,313,183
Expenses$5,808,258
Net Income$7,504,925
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 15, 2016
Return Version
2015v2.1
Gross Receipts
$15,066,955
Mission and Program Overview

Mission

The foundation raises funds to support charitable activities in the various communities that rite aid corporation serves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,500,916$22,505,870▲ $11,004,954
Cash and Non-Interest-Bearing Accounts$8,164,047$8,917,821▲ $753,774
Pledges and Grants Receivable$1,187,685$1,152,617▼ $35,068
Total Assets$21,575,204$33,032,879▲ $11,457,675
Other Assets Total$722,556$456,571▼ $265,985
Liabilities
Grants Payable$30,000$3,627,500▲ $3,597,500
Deferred Revenue$146,400$469,950▲ $323,550
Accounts Payable and Accrued Expenses$33,850$65,550▲ $31,700
Total Liabilities$210,250$4,163,000▲ $3,952,750
Net Assets / Fund Balance
Temporarily Rstr Net Assets$19,405,022$24,845,154▲ $5,440,132
Unrestricted Net Assets$1,959,932$4,024,725▲ $2,064,793
Total Net Assets Fund Balance$21,364,954$28,869,879▲ $7,504,925
Total Liabilities and Net Assets / Fund Balance$21,575,204$33,032,879▲ $11,457,675
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Gayle RifeFoundation Manager/assistaPT$69,601$69,601

Board Members and Trustees

NameTitle
Ken MartindalePresident/director
Marc StrasslerSecretary/director
Matt SchroederTreasurer/director
Bob ThompsonVP/director
John LearishVP/director
Scott BernardVP/director
Susan HendersonVP/director
Toni MontiniVP/director
Revenue and Support

Revenue Composition

Contributions and Grants
$12,877,831
Program Service Revenue
$0
Investment Income
$52,315
Other Revenue
$383,037
All Other Contributions
$10,014,694
Change in Net Assets
$7,504,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,313,183
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,093,382
Total Revenue per Audited Statements
$15,406,565
Total Revenue per Form 990
$13,313,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,471,352
Other Expenses$336,906
Total Fundraising Expense$141,762
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,296,602--$5,296,602
Grants to Domestic Individuals$174,750--$174,750
Fees for Services Management$10,000$137,308-$147,308
Advertising--$141,762$141,762
Fees for Services Accounting-$35,150-$35,150
Other Expenses-$4,500-$4,500
Office Expenses-$2,762-$2,762
Total Functional Expenses$5,481,352$185,144$141,762$5,808,258

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,901,640
Expenses per Audited Statements$5,808,258
Total Expenses per Form 990$5,808,258
Expenses Not Reported on Form 990$2,093,382
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fred Rogers CompanyPittsburgh, PA501(c)(3)Support the Local Health and Wellness Program$2,000,000
Folds of HonorOwasso, OK501(c)(3)Support the Local Health and Wellness Program$1,306,500
United Way of the Capital RegionEnola, PA501(c)(3)Support the Local Health and Wellness Program$120,000
Nacds FoundationArlington, VA501(c)(3)Support the Local Health and Wellness Program$50,000
American Red Cross - Palemtto Sc RegionNorth Charleston, SC501(c)(3)Support the Local Health and Wellness Program$25,000
Birch Family Services IncNew York, NY501(c)(3)Support the Local Health and Wellness Program$20,000
Boys & Girls Clubs of SchenectadySchenectady, NY501(c)(3)Support the Local Health and Wellness Program$20,000
Boys & Girls Clubs of the North ValleyChico, CA501(c)(3)Support the Local Health and Wellness Program$20,000
CHILDREN'S FRIEND AND SERVICEProvidence, RI501(c)(3)Support the Local Health and Wellness Program$20,000
GATEWAY CHILDREN'S ADVOCACY CENTERMorehead, KY501(c)(3)Support the Local Health and Wellness Program$20,000
Good Shepherd ServicesBaltimore, MD501(c)(3)Support the Local Health and Wellness Program$20,000
MATTHEW'S HAVEN INCNew Kent, VA501(c)(3)Support the Local Health and Wellness Program$20,000
Syracuse Silver Knight FoundationSyracuse, NY501(c)(3)Support the Local Health and Wellness Program$20,000
WHALEY CHILDREN'S CENTERFlint Township, MI501(c)(3)Support the Local Health and Wellness Program$20,000
Y-mot IncMemphis, TN501(c)(3)Support the Local Health and Wellness Program$20,000
Child Advocacy Center IncFayetteville, NC501(c)(3)Support the Local Health and Wellness Program$15,000
Disability Action CenterFairmont, WV501(c)(3)Support the Local Health and Wellness Program$15,000
Ennis Center for ChildrenFlint, MI501(c)(3)Support the Local Health and Wellness Program$15,000
Ferst Foundation for Childhood LiteracyMadison, GA501(c)(3)Support the Local Health and Wellness Program$15,000
Healthier Kids FoundationSan Jose, CA501(c)(3)Support the Local Health and Wellness Program$15,000
Inspiring MindsWarren, OH501(c)(3)Support the Local Health and Wellness Program$15,000
Kids Oneida IncUtica, NY501(c)(3)Support the Local Health and Wellness Program$15,000
Leg Up FarmMount Wolf, PA501(c)(3)Support the Local Health and Wellness Program$15,000
Prevent Blindness North CarolinaRaleigh, NC501(c)(3)Support the Local Health and Wellness Program$15,000
Boys & Girls Club of EdenEden, NY501(c)(3)Support the Local Health and Wellness Program$12,500
Boys & Girls Club of Northern ShenandoahWinchester, VA501(c)(3)Support the Local Health and Wellness Program$12,500
Childhood Language CenterCharleston, WV501(c)(3)Support the Local Health and Wellness Program$12,500
Childrens Outreach ProjectDenver, CO501(c)(3)Support the Local Health and Wellness Program$12,500
Coastal Performing Arts FoundationGrover Beach, CA501(c)(3)Support the Local Health and Wellness Program$12,500
Down Syndrome Association of Central KentLexington, KY501(c)(3)Support the Local Health and Wellness Program$12,500
Dragonfly ForestConshohocken, PA501(c)(3)Support the Local Health and Wellness Program$12,500
Folds of HonorOwasso, OK501(c)(3)Support the Local Health and Wellness Program$12,500
HOPE'S PLACEAshland, KY501(c)(3)Support the Local Health and Wellness Program$12,500
Heals IncHuntsville, AL501(c)(3)Support the Local Health and Wellness Program$12,500
Home of the InnocentsLouisville, KY501(c)(3)Support the Local Health and Wellness Program$12,500
IconsCleveland, OH501(c)(3)Support the Local Health and Wellness Program$12,500
Joshua HouseTyrone, PA501(c)(3)Support the Local Health and Wellness Program$12,500
Keen Greater DcBethesda, MD501(c)(3)Support the Local Health and Wellness Program$12,500
Kidsafe Ct (exchange Club Center for theRockville, CT501(c)(3)Support the Local Health and Wellness Program$12,500
Nativity School of HarrisburgHarrisburg, PA501(c)(3)Support the Local Health and Wellness Program$12,500
Oasis - a Haven for Women and ChildrenPaterson, NJ501(c)(3)Support the Local Health and Wellness Program$12,500
Partners for Youth With Disabilities IncBoston, MA501(c)(3)Support the Local Health and Wellness Program$12,500
So Love Autistic CenterYeadon, PA501(c)(3)Support the Local Health and Wellness Program$12,500
Speech and Language Development CenterBuena Park, CA501(c)(3)Support the Local Health and Wellness Program$12,500
THE CHILDREN'S AID SOCIETYNew York, NY501(c)(3)Support the Local Health and Wellness Program$12,500
THE MARYLAND SALEM CHILDREN'S TRUST INCFrostburg, MD501(c)(3)Support the Local Health and Wellness Program$12,500
The Home for Little WanderersBoston, MA501(c)(3)Support the Local Health and Wellness Program$12,500
The Little Willie CenterGreenville, NC501(c)(3)Support the Local Health and Wellness Program$12,500
The Matty FundWarwick, RI501(c)(3)Support the Local Health and Wellness Program$12,500
Youth Violence Prevention CouncilRedding, CA501(c)(3)Support the Local Health and Wellness Program$12,500
Zebra CrossingsDover, NH501(c)(3)Support the Local Health and Wellness Program$12,500
A CHILD'S PLACECharlotte, NC501(c)(3)Support the Local Health and Wellness Program$10,000
BLIND CHILDREN'S LEARNING CENTERSanta Ana, CA501(c)(3)Support the Local Health and Wellness Program$10,000
Boys & Girls Club of CypressCypress, CA501(c)(3)Support the Local Health and Wellness Program$10,000
Boys and Girls Club of Chambersburg and SChambersburg, PA501(c)(3)Support the Local Health and Wellness Program$10,000
CHILDREN'S THERAPY CLINIC INCCharleston, WV501(c)(3)Support the Local Health and Wellness Program$10,000
Child Abuse Prevention Council of ContraConcord, CA501(c)(3)Support the Local Health and Wellness Program$10,000
Child and Family Services of NorthwesternTraverse City, MI501(c)(3)Support the Local Health and Wellness Program$10,000
Child to Family ConnectionsMeadville, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Covenant to Care for ChildrenHartford, CT501(c)(3)Support the Local Health and Wellness Program$10,000
FAMILY & CHILDREN'S AIDDanbury, CT501(c)(3)Support the Local Health and Wellness Program$10,000
Fund for Educational ExcellenceBaltimore, MD501(c)(3)Support the Local Health and Wellness Program$10,000
Harrisburg Area Ymca - No Dauphin County BranchElizabethville, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Hms School for Children With Cerebral PalPhiladelphia, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Home Start IncSan Diego, CA501(c)(3)Support the Local Health and Wellness Program$10,000
Imagine a Center for Coping With LossWestfield, NJ501(c)(3)Support the Local Health and Wellness Program$10,000
JEREMIAH'S PLACEPittsburgh, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Junior Achievement of the Ocoee RegionCleveland, TN501(c)(3)Support the Local Health and Wellness Program$10,000
Junior Blind of AmericaLos Angeles, CA501(c)(3)Support the Local Health and Wellness Program$10,000
Kids in CrisisCos Cob, CT501(c)(3)Support the Local Health and Wellness Program$10,000
Learning Enrichment After-school ProgramLos Angeles, CA501(c)(3)Support the Local Health and Wellness Program$10,000
NAZARETH CHILDREN'S HOMERockwell, NC501(c)(3)Support the Local Health and Wellness Program$10,000
National Down Syndrome SocietyWashington, DC501(c)(3)Support the Local Health and Wellness Program$10,000
Oasis NcWilmington, NC501(c)(3)Support the Local Health and Wellness Program$10,000
Providence Therapeutic Equestrian CenterMorral, OH501(c)(3)Support the Local Health and Wellness Program$10,000
Renaissance Youth CenterBronx, NY501(c)(3)Support the Local Health and Wellness Program$10,000
SOMEONE'S DAUGHTERElizabeth, NJ501(c)(3)Support the Local Health and Wellness Program$10,000
Special Olympics Virginia IncRichmond, VA501(c)(3)Support the Local Health and Wellness Program$10,000
THE CHILDREN' S CENTERDetroit, MI501(c)(3)Support the Local Health and Wellness Program$10,000
The Alcove CenterNorthfield, NJ501(c)(3)Support the Local Health and Wellness Program$10,000
The Center for Grieving ChildrenPhiladelphia, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Upper Dauphin Human Services Center IncElizabethville, PA501(c)(3)Support the Local Health and Wellness Program$10,000
Youth ChallengeWestlake, OH501(c)(3)Support the Local Health and Wellness Program$10,000
Boys & Girls Club of Greater HaverhillHaverhill, MA501(c)(3)Support the Local Health and Wellness Program$7,500
Boys & Girls Clubs of Silicon ValleyMilpitas, CA501(c)(3)Support the Local Health and Wellness Program$7,500
Brooklyn Autism CenterBrooklyn, NY501(c)(3)Support the Local Health and Wellness Program$7,500
CHILDREN'S CANCER ASSOCIATIONPortland, OR501(c)(3)Support the Local Health and Wellness Program$7,500
CHILDREN'S CRISIS CENTER OF STANISLAUS COModesto, CA501(c)(3)Support the Local Health and Wellness Program$7,500
CHILDREN'S FUNDSan Bernardino, CA501(c)(3)Support the Local Health and Wellness Program$7,500
CJ'S THUMBS UP FOUNDATIONAshland, VA501(c)(3)Support the Local Health and Wellness Program$7,500
Camelot for Children IncAllentown, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Celtic Charms IncHowell, NJ501(c)(3)Support the Local Health and Wellness Program$7,500
Challenged Child and Friends IncGainesville, GA501(c)(3)Support the Local Health and Wellness Program$7,500
Chris KidsAtlanta, GA501(c)(3)Support the Local Health and Wellness Program$7,500
Coastal Kids Home CareSalinas, CA501(c)(3)Support the Local Health and Wellness Program$7,500
Community Treatment SolutionsMoorestown, NJ501(c)(3)Support the Local Health and Wellness Program$7,500
Crittenton Services IncWheeling, WV501(c)(3)Support the Local Health and Wellness Program$7,500
Dialself Youth & Community ServicesGreenfield, MA501(c)(3)Support the Local Health and Wellness Program$7,500
Equi-kids Therapeutic Riding ProgramVirginia Beach, VA501(c)(3)Support the Local Health and Wellness Program$7,500
Family Services of Western PennsylvaniaPittsburgh, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Family Support of Central PaHarrisburg, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Foundation for Children and Youth With DiWest Jordan, UT501(c)(3)Support the Local Health and Wellness Program$7,500
HILLSIDE CHILDREN'S CENTERRochester, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Hand in PawBirmingham, AL501(c)(3)Support the Local Health and Wellness Program$7,500
Harrisburg Police Athletic LeagueHarrisburg, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Hope Extreme IncHouma, LA501(c)(3)Support the Local Health and Wellness Program$7,500
Inner City Youth GroupDetroit, MI501(c)(3)Support the Local Health and Wellness Program$7,500
Kids CenterBend, OR501(c)(3)Support the Local Health and Wellness Program$7,500
Learning LeadersNew York, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Little Bit of Therapeutic Riding CenterRedmond, WA501(c)(3)Support the Local Health and Wellness Program$7,500
MISSISSIPPI CHILDREN'S HOME SERVICESJackson, MS501(c)(3)Support the Local Health and Wellness Program$7,500
Macomb County Rotating Emergency ShelterRoseville, MI501(c)(3)Support the Local Health and Wellness Program$7,500
Madison Square Boys & Girls ClubNew York, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Mcmahonryan Child Advocacy CenterSyracuse, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Partnership for After School EducationNew York, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Pathways IncCorning, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Prevent Child Abuse RowanSalisbury, NC501(c)(3)Support the Local Health and Wellness Program$7,500
R Kids IncNew Haven, CT501(c)(3)Support the Local Health and Wellness Program$7,500
Rochester Childfirst NetworkRochester, NY501(c)(3)Support the Local Health and Wellness Program$7,500
Sarah Heinz HousePittsburgh, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Southside Youth OutreachCorvallis, OR501(c)(3)Support the Local Health and Wellness Program$7,500
Summit Educational ResourcesGetzville, NY501(c)(3)Support the Local Health and Wellness Program$7,500
The Carolyn E Wylie Center for ChildrenRiverside, CA501(c)(3)Support the Local Health and Wellness Program$7,500
Tlc Family Resource Center (formerly GoodClaremont, NH501(c)(3)Support the Local Health and Wellness Program$7,500
WYOMING VALLEY CHILDREN'S ASSOCIATIONForty Fort, PA501(c)(3)Support the Local Health and Wellness Program$7,500
Wilmington Health Access for TeensWilmington, NC501(c)(3)Support the Local Health and Wellness Program$7,500
Youth Service IncWheeling, WV501(c)(3)Support the Local Health and Wellness Program$7,500
Folds of HonorOwasso, OK501(c)(3)Support the Local Health and Wellness Program$6,850
A Childs Voice Chid Advocacy CenterSocial Circle, GA501(c)(3)Support the Local Health and Wellness Program$5,000
A FRIEND'S HOUSEMcdonough, GA501(c)(3)Support the Local Health and Wellness Program$5,000
A Gift for Special ChildrenMatlock, WA501(c)(3)Support the Local Health and Wellness Program$5,000
AARON'S ACRESLancaster, PA501(c)(3)Support the Local Health and Wellness Program$5,000
America Scores New YorkNew York, NY501(c)(3)Support the Local Health and Wellness Program$5,000
American Childhood Cancer Organization inSpokane, WA501(c)(3)Support the Local Health and Wellness Program$5,000
American Heart AssociationArlington, VA501(c)(3)Support the Local Health and Wellness Program$5,000
Astor Services for Children & FamiliesRhinebeck, NY501(c)(3)Support the Local Health and Wellness Program$5,000
Attic Youth CenterPhiladelphia, PA501(c)(3)Support the Local Health and Wellness Program$5,000
BELIEVE IN TOMORROW CHILDREN'S FOUNDATIONBaltimore, MD501(c)(3)Support the Local Health and Wellness Program$5,000
BERKSHIRE COUNTY KIDS' PLACE AND VIOLENCEPittsfield, MA501(c)(3)Support the Local Health and Wellness Program$5,000
Bags4kids FoundationCalifornia City, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Baltimore Child Abuse CenterBaltimore, MD501(c)(3)Support the Local Health and Wellness Program$5,000
Barbara Sinatra Center for Abused ChildreRancho Mirage, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Boys & Girls Club of BurlingtonBurlington, VT501(c)(3)Support the Local Health and Wellness Program$5,000
Boys & Girls Clubs of the Western ReserveAkron, OH501(c)(3)Support the Local Health and Wellness Program$5,000
CHARLES COUNTY CHILDREN'S AID SOCIETYWaldorf, MD501(c)(3)Support the Local Health and Wellness Program$5,000
CHILDREN'S COVE THE CAPE & ISLANDS CHILDBarnstable, MA501(c)(3)Support the Local Health and Wellness Program$5,000
CHILDREN'S MIRACLE NETWORKSalt Lake City, UT501(c)(3)Support the Local Health and Wellness Program$5,000
CHILDREN'S RECEIVING HOME OF SACRAMENTOSacramento, CA501(c)(3)Support the Local Health and Wellness Program$5,000
CHILDREN'S SERVICE CENTER OF WYOMING VALLWilkesbarre, PA501(c)(3)Support the Local Health and Wellness Program$5,000
Cameron Community MinistriesRochester, NY501(c)(3)Support the Local Health and Wellness Program$5,000
Care House of Oakland CountyPontiac, MI501(c)(3)Support the Local Health and Wellness Program$5,000
Child Abuse Council of Muskegon CountyMuskegon, MI501(c)(3)Support the Local Health and Wellness Program$5,000
Children TodayLong Beach, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Cleveland Sight CenterCleveland, OH501(c)(3)Support the Local Health and Wellness Program$5,000
Colorado UpliftDenver, CO501(c)(3)Support the Local Health and Wellness Program$5,000
Conductive Learning CenterGrand Rapids, MI501(c)(3)Support the Local Health and Wellness Program$5,000
Covenant HouseNew York, NY501(c)(3)Support the Local Health and Wellness Program$5,000
Cradle BeachAngola, NY501(c)(3)Support the Local Health and Wellness Program$5,000
DEIRDRE'S HOUSEMorristown, NJ501(c)(3)Support the Local Health and Wellness Program$5,000
Dreams Go onHollidaysburg, PA501(c)(3)Support the Local Health and Wellness Program$5,000
Edmarc Hospice for ChildrenPortsmouth, VA501(c)(3)Support the Local Health and Wellness Program$5,000
Equi-librium IncNazareth, PA501(c)(3)Support the Local Health and Wellness Program$5,000
Foundation for the Central Dauphin SchoolsHarrisburg, PA501(c)(3)Support the Local Health and Wellness Program$5,000
Graceful AcresHalifax, PA501(c)(3)Support the Local Health and Wellness Program$5,000
HAPPY TRAILS CHILDREN'S FOUNDATIONApple Valley, CA501(c)(3)Support the Local Health and Wellness Program$5,000
HOMELESS CHILDREN'S EDUCATION FUNDPittsburgh, PA501(c)(3)Support the Local Health and Wellness Program$5,000
Harlan County Boys & Girls Club IncHarlan, KY501(c)(3)Support the Local Health and Wellness Program$5,000
Heal IncBirmingham, AL501(c)(3)Support the Local Health and Wellness Program$5,000
House of Peace & EducationGardner, MA501(c)(3)Support the Local Health and Wellness Program$5,000
House of PossibilitiesNorth Easton, MA501(c)(3)Support the Local Health and Wellness Program$5,000
Hunts Point Alliance for ChildrenBronx, NY501(c)(3)Support the Local Health and Wellness Program$5,000
James E Clyburn Scholarship & Research FoundationColumbia, SC501(c)(3)Support the Local Health and Wellness Program$5,000
Kennedy Krieger InstituteBaltimore, MD501(c)(3)Support the Local Health and Wellness Program$5,000
Mahoosuc Kids AssociationBethel, ME501(c)(3)Support the Local Health and Wellness Program$5,000
MaryvaleRosemead, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Miracle BabiesSan Diego, CA501(c)(3)Support the Local Health and Wellness Program$5,000
NASHUA CHILDREN'S HOMENashua, NH501(c)(3)Support the Local Health and Wellness Program$5,000
Ocean of Love IncToms River, NJ501(c)(3)Support the Local Health and Wellness Program$5,000
Project Hope AllianceCosta Mesa, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Reliable EnterprisesCentralia, WA501(c)(3)Support the Local Health and Wellness Program$5,000
Roswell Park AllianceBuffalo, NY501(c)(3)Support the Local Health and Wellness Program$5,000
SAFEPATH CHILDREN'S ADVOCACY CENTERMarietta, GA501(c)(3)Support the Local Health and Wellness Program$5,000
ST MARY'S HEALTHCARE SYSTEM FOR CHILDRENBayside, NY501(c)(3)Support the Local Health and Wellness Program$5,000
Safe Inc of SchenectadySchenectady, NY501(c)(3)Support the Local Health and Wellness Program$5,000
Savannah Speech and Hearing CenterSavannah, GA501(c)(3)Support the Local Health and Wellness Program$5,000
Shiloh HouseLittleton, CO501(c)(3)Support the Local Health and Wellness Program$5,000
Special Olympics San Diego CountySan Diego, CA501(c)(3)Support the Local Health and Wellness Program$5,000
Spruce Run-womancare AllianceBangor, ME501(c)(3)Support the Local Health and Wellness Program$5,000
Stop Child Abuse Now (scan) of Northern VAlexandria, VA501(c)(3)Support the Local Health and Wellness Program$5,000
Summit Speech SchoolNew Providence, NJ501(c)(3)Support the Local Health and Wellness Program$5,000
THE CHILDREN'S ADVOCACY CENTER OF LOWNDESValdosta, GA501(c)(3)Support the Local Health and Wellness Program$5,000
THE CHILDREN'S HOME SOCIETY OF NEW JERSEYTrenton, NJ501(c)(3)Support the Local Health and Wellness Program$5,000
THE DEE NORTON LOWCOUNTRY CHILDREN'S CENTCharleston, SC501(c)(3)Support the Local Health and Wellness Program$5,000
THE LITTLEST HERO'SSolon, OH501(c)(3)Support the Local Health and Wellness Program$5,000
The Center for Courageous KidsScottsville, KY501(c)(3)Support the Local Health and Wellness Program$5,000
The Emerge CenterBaton Rouge, LA501(c)(3)Support the Local Health and Wellness Program$5,000
Washtenaw Area Council for ChildrenYpsilanti, MI501(c)(3)Support the Local Health and Wellness Program$5,000
Youth Service IncBirmingham, AL501(c)(3)Support the Local Health and Wellness Program$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,136,809
Fundraising Direct Expenses$1,753,772
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$4,999,946$2,136,809$1,064,006$1,072,803
Total Events$4,999,946$2,136,809$1,753,772$383,037
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

All of the officers of the foundation have a business relationship through rite aid corporation with each other.

Form 990, Part VI, Section A, Line 3

Rite aid corporation employees provide various management services to the foundation.

Form 990, Part VI, Section A, Line 8B

This question is really not applicable (rather than no) due to the fact that the organization does not have any committees with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

A copy of the completed form 990 and related schedules is reviewed by the foundation treasurer, manager, and internal accounting team. The foundation manager also meets with a representative of the accounting firm that prepared the form 990 and related schedules to discuss the content and answer any questions of the review team. Final changes, if any, are then made to the form 990 and related schedules. The review team approves the final copy of the irs form 990 and related schedules and the final copy is provided to each member of the board of directors.

Form 990, Part VI, Section B, Line 12C

Annually every rite aid associate reviews and signs the conflict of interest policy. All members of the rite aid foundation board of directors and management team are rite aid associates.

Form 990, Part VI, Section C, Line 19

These documents are available upon request and mailed to requestor.

Filing and Contact Details

Filer

Filer Name
The Rite Aid Foundation
EIN
25-1892843
Phone
7179723940
Address
30 HUNTER LANE, CAMP HILL, PA 17011

Signing Officer

Name
Matt Schroeder
Title
Treasurer
Phone
7179758686
Signed
2016-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Schroeder
Formed
2001
Legal Domicile
Pa
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
11

Preparer

Firm
Mckonly & Asbury Llp
Address
415 FALLOWFIELD ROAD, CAMP HILL, PA 17011
Preparer
Gary J Dubas
Phone
7177617910
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

The board of directors assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant.

Financial Statement Notes

PART X, LINE 2:

The foundation adheres to the provisions of financial accounting standards board (fasb) accounting standards codification (asc) 740, income taxes (asc 740). Asc 740 establishes rules for recognizing and measuring tax positions taken in an income tax return, including disclosures of uncertain tax positions (utps). Asc 740 mandates that companies evaluate all material income tax positions for periods that remain open under applicable statutes of limitation, as well as positions expected to be taken in future returns. The utp rules then impose a recognition threshold on each tax position. A company can recognize an income tax benefit only if the position has a "more likely than not" (i.e., more than 50 percent) chance of being sustained on the technical merits. For the years ended december 31, 2015 and 2014, the foundation has taken no material tax positions on its applicable tax filings that do not meet the more likely than not threshold. As a result, no amount for utps has been included in the financial statements. For years before 2012, the foundation believes it is no longer subject to u.s. Federal income tax examinations or state income tax examinations in its significant state tax jurisdictions.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Charitable golf classic expenses netted on form 990 as fundraising event.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Charitable golf classic expenses netted on form 990 as fundraising event.

Raw XML AppendixShowing 400 of 2,428 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ADHERES TO THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES (ASC 740). ASC 740 ESTABLISHES RULES FOR RECOGNIZING AND MEASURING TAX POSITIONS TAKEN IN AN INCOME TAX RETURN, INCLUDING DISCLOSURES OF UNCERTAIN TAX POSITIONS (UTPS). ASC 740 MANDATES THAT COMPANIES EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICABLE STATUTES OF LIMITATION, AS WELL AS POSITIONS EXPECTED TO BE TAKEN IN FUTURE RETURNS. THE UTP RULES THEN IMPOSE A RECOGNITION THRESHOLD ON EACH TAX POSITION. A COMPANY CAN RECOGNIZE AN INCOME TAX BENEFIT ONLY IF THE POSITION HAS A "MORE LIKELY THAN NOT" (I.E., MORE THAN 50 PERCENT) CHANCE OF BEING SUSTAINED ON THE TECHNICAL MERITS. FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014, THE FOUNDATION HAS TAKEN NO MATERIAL TAX POSITIONS ON ITS APPLICABLE TAX FILINGS THAT DO NOT MEET THE MORE LIKELY THAN NOT THRESHOLD. AS A RESULT, NO AMOUNT FOR UTPS HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. FOR YEARS BEFORE 2012, THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS OR STATE INCOME TAX EXAMINATIONS IN ITS SIGNIFICANT STATE TAX JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1CHARITABLE GOLF CLASSIC EXPENSES NETTED ON FORM 990 AS FUNDRAISING EVENT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHARITABLE GOLF CLASSIC EXPENSES NETTED ON FORM 990 AS FUNDRAISING EVENT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05808258
IRS990ScheduleD/TotalRevenuePerForm990Amt013313183
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015406565
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07901640
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02863137
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02863137
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01753772
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt017500
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt04999946
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt04999946
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt02136809
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt02136809
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0383037
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt054880
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt054880
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01064006
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01064006
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0617386
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0617386
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0174750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DISASTER RELIEF TO INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt082
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt25000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/CashGrantAmt45000
IRS990ScheduleI/RecipientTable/CashGrantAmt550000
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt75000
IRS990ScheduleI/RecipientTable/CashGrantAmt8120000
IRS990ScheduleI/RecipientTable/CashGrantAmt91306500
IRS990ScheduleI/RecipientTable/CashGrantAmt105000
IRS990ScheduleI/RecipientTable/CashGrantAmt1110000
IRS990ScheduleI/RecipientTable/CashGrantAmt1210000
IRS990ScheduleI/RecipientTable/CashGrantAmt136850
IRS990ScheduleI/RecipientTable/CashGrantAmt1410000
IRS990ScheduleI/RecipientTable/CashGrantAmt152000000
IRS990ScheduleI/RecipientTable/CashGrantAmt167500
IRS990ScheduleI/RecipientTable/CashGrantAmt177500
IRS990ScheduleI/RecipientTable/CashGrantAmt1815000
IRS990ScheduleI/RecipientTable/CashGrantAmt197500
IRS990ScheduleI/RecipientTable/CashGrantAmt207500
IRS990ScheduleI/RecipientTable/CashGrantAmt215000
IRS990ScheduleI/RecipientTable/CashGrantAmt2212500
IRS990ScheduleI/RecipientTable/CashGrantAmt237500
IRS990ScheduleI/RecipientTable/CashGrantAmt2412500
IRS990ScheduleI/RecipientTable/CashGrantAmt255000
IRS990ScheduleI/RecipientTable/CashGrantAmt265000
IRS990ScheduleI/RecipientTable/CashGrantAmt275000
IRS990ScheduleI/RecipientTable/CashGrantAmt2810000
IRS990ScheduleI/RecipientTable/CashGrantAmt2912500
IRS990ScheduleI/RecipientTable/CashGrantAmt307500
IRS990ScheduleI/RecipientTable/CashGrantAmt315000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt335000
IRS990ScheduleI/RecipientTable/CashGrantAmt3420000
IRS990ScheduleI/RecipientTable/CashGrantAmt355000
IRS990ScheduleI/RecipientTable/CashGrantAmt367500
IRS990ScheduleI/RecipientTable/CashGrantAmt375000
IRS990ScheduleI/RecipientTable/CashGrantAmt387500
IRS990ScheduleI/RecipientTable/CashGrantAmt395000
IRS990ScheduleI/RecipientTable/CashGrantAmt407500
IRS990ScheduleI/RecipientTable/CashGrantAmt415000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt435000
IRS990ScheduleI/RecipientTable/CashGrantAmt445000
IRS990ScheduleI/RecipientTable/CashGrantAmt457500
IRS990ScheduleI/RecipientTable/CashGrantAmt4610000
IRS990ScheduleI/RecipientTable/CashGrantAmt477500
IRS990ScheduleI/RecipientTable/CashGrantAmt485000
IRS990ScheduleI/RecipientTable/CashGrantAmt495000
IRS990ScheduleI/RecipientTable/CashGrantAmt505000
IRS990ScheduleI/RecipientTable/CashGrantAmt517500
IRS990ScheduleI/RecipientTable/CashGrantAmt527500
IRS990ScheduleI/RecipientTable/CashGrantAmt537500
IRS990ScheduleI/RecipientTable/CashGrantAmt545000
IRS990ScheduleI/RecipientTable/CashGrantAmt5510000
IRS990ScheduleI/RecipientTable/CashGrantAmt5620000
IRS990ScheduleI/RecipientTable/CashGrantAmt575000
IRS990ScheduleI/RecipientTable/CashGrantAmt585000
IRS990ScheduleI/RecipientTable/CashGrantAmt597500
IRS990ScheduleI/RecipientTable/CashGrantAmt605000
IRS990ScheduleI/RecipientTable/CashGrantAmt6110000
IRS990ScheduleI/RecipientTable/CashGrantAmt627500
IRS990ScheduleI/RecipientTable/CashGrantAmt635000
IRS990ScheduleI/RecipientTable/CashGrantAmt645000
IRS990ScheduleI/RecipientTable/CashGrantAmt6512500
IRS990ScheduleI/RecipientTable/CashGrantAmt665000
IRS990ScheduleI/RecipientTable/CashGrantAmt677500
IRS990ScheduleI/RecipientTable/CashGrantAmt685000
IRS990ScheduleI/RecipientTable/CashGrantAmt697500
IRS990ScheduleI/RecipientTable/CashGrantAmt7010000
IRS990ScheduleI/RecipientTable/CashGrantAmt715000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$0.13$16.1$5.75$11.8$6.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$4.90$20.2$14.1$14.5$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.2$9.01$24.2$15.7$8.28$7.41
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$43.3$13.3$29.9$16.6$28.6$12.0
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.1$4.33$41.8$14.7$11.6$3.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$44.5$5.86$38.6$14.2$8.16$6.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.7$5.10$32.6$13.2$9.47$3.72
2015Detailed filing. Detailed filing data is available for this year.$33.0$4.16$28.9$13.3$5.81$7.50
2013Detailed filing. Detailed filing data is available for this year.$8.39$0.27$8.12$8.52$2.34$6.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.28$1.94$1.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$0.40$1.18$2.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.71$0.25$1.46$2.08