Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
$1,929,050
No earlier filing loaded for comparison.
Net Assets
-$2,057,368
No earlier filing loaded for comparison.
Liabilities
$3,986,418
No earlier filing loaded for comparison.
Revenue
-
No earlier filing loaded for comparison.
Expenses
$678,642
No earlier filing loaded for comparison.
Net Income
-
No earlier filing loaded for comparison.
A private equity fund created to provide debt and equity to expanding businesses that have the potential to create quality job opportunities for low-income residents of the greater philadelphia region.
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsReceivable/BOY | 0 | 52553 |
| IRS990/AccountsReceivable/EOY | 0 | 39 |
| IRS990/ActivitiesConductedPartnership | 0 | 0 |
| IRS990/ActivityOrMissionDescription | 0 | OPERATE AS THE GENERAL PARTNER OF DVCRF VENTURES, LP, A PRIVATE EQUITY FUND CREATED TO PROVIDE DEBT AND EQUITY TO EXPANDING BUSINESSES THAT HAVE THE POTENTIAL TO CREATE QUALITY JOB OPPORTUNITIES FOR LOW-INCOME RESIDENTS OF THE GREATER PHILADELPHIA REGION.OPERATE AS THE GENERAL PARTNER OF TRF URBAN GROWTH PARTNERS, L.P. A PRIVATE EQUITY FUND CREATED TO PROVIDE DEBT AND EQUITY TO NEW AND EXPANDING BUSINESSES THAT PROVIDE QUALITY JOB OPPORTUNITIES for LOW AND MIDDLE-INCOME URBAN WORKERS IN THE MID-ATLANTIC REGION INCLUDING PA, NJ, DE, MD AND WASHINGTON, DC. |
| IRS990/AddressPrincipalOfficerUS/AddressLine1 | 0 | Cast Iron Building 718 Arch Street |
| IRS990/AddressPrincipalOfficerUS/AddressLine2 | 0 | No 300N |
| IRS990/AddressPrincipalOfficerUS/City | 0 | Philadelphia |
| IRS990/AddressPrincipalOfficerUS/State | 0 | PA |
| IRS990/AddressPrincipalOfficerUS/ZIPCode | 0 | 191061591 |
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| IRS990/Advertising/ProgramServices | 0 | 175 |
| IRS990/Advertising/Total | 0 | 465 |
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| IRS990/CompCurrentOfficersDirectors/ProgramServices | 0 | 339475 |
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| IRS990/Description | 0 | WAS RESPONSIBLE FOR RAISING CAPITAL FROM SOCIALLY RESPONSIBLE INVESTORS AND MANAGING THE INVESTMENT OF THESE FUNDS WITH COMPANIES THAT EMPLOY LOW-INCOME PEOPLE. |
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| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 2 | 40.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 3 | 8.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 4 | 8.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 5 | 8.00 |
| IRS990/Form990PartVIISectionA/AverageHoursPerWeek | 6 | 40.00 |
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| IRS990/Form990PartVIISectionA/NamePerson | 5 | DANIEL MCELHATTON |
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| IRS990/MissionDescription | 0 | OPERATE AS THE GENERAL PARTNER OF DVCRF VENTURES, LP, A PRIVATE EQUITY FUND CREATED TO PROVIDE DEBT AND EQUITY TO EXPANDING BUSINESSES THAT HAVE THE POTENTIAL TO CREATE QUALITY JOB OPPORTUNITIES FOR LOW-INCOME RESIDENTS OF THE GREATER PHILADELPHIA REGION.OPERATE AS THE GENERAL PARTNER OF TRF URBAN GROWTH PARTNERS, L.P. A PRIVATE EQUITY FUND CREATED TO PROVIDE DEBT AND EQUITY TO NEW AND EXPANDING BUSINESSES THAT PROVIDE QUALITY JOB OPPORTUNITIES for LOW AND MIDDLE-INCOME URBAN WORKERS IN THE MID-ATLANTIC REGION INCLUDING PA, NJ, DE, MD AND WASHINGTON, DC. |
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| IRS990/OtherExpenses/Description | 0 | staff costs |
| IRS990/OtherExpenses/Description | 1 | temporary help |
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| IRS990/OtherRevenueMisc/Description | 0 | income from partnershi |
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| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | THE REINVESTMENT FUND INC |
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| IRS990ScheduleD/CloselyHeldEquityInterests/MethodOfValuation | 0 | F |
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| IRS990ScheduleD/ExcessOrDeficitForYear | 0 | -330383 |
| IRS990ScheduleD/ExcessOrDeficitPerFS | 0 | -330383 |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | these funds are primarily made up of restricted net assets and are intended to further the exempt function of the organization. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 1 | FORM 990, SCHEDULE D, PART X, LINE 2: Accounting for Uncertainty in Income Taxes: The Organization is generally exempt from federal income taxes under the provisions of Section 501(c)(3) of the Internal Revenue Code. In addition, the Organization qualifies for charitable contribution deductions and has been classified as an organization that is not a private foundation. Income which is not related to exempt purposes, less applicable deductions, is subject to federal and state corporate income taxes. The Organization had no net unrelated business income tax for the years ended June 30, 2010 and 2009, respectively. On July 1, 2009, the Organization adopted the accounting guidance on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded on the financial statements. Under this guidance, the Organization may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Consequently, no accrual for interest and penalties was deemed necessary for the year ended June 30, 2010. The Organization files income tax returns in the U.S. federal jurisdiction. With few exceptions, the Organization is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2006. |
| IRS990ScheduleD/Form990ScheduleDPartXIV/Identifier | 0 | Part V, Line 4: |
| IRS990ScheduleD/Form990ScheduleDPartXIV/ReturnReference | 0 | Description of Intended Use of Endowment Funds: |
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| IRS990ScheduleD/OtherLiabilities/Description | 1 | due to third party |
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| IRS990ScheduleJ/Form990ScheduleJPartII/NameBusiness/BusinessNameLine1 | 0 | JEREMY NOWAK |
| IRS990ScheduleJ/Form990ScheduleJPartII/NameBusiness/BusinessNameLine1 | 1 | PETER M ASKEY |
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| IRS990ScheduleJ/SupplementalNonqualRetirePlan | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | The Organization has engaged our independent accountants RSM McGladrey, Inc. to prepare Form 990 in accordance with our audited financial statements. The Form 990 is then reviewed by management and TRF's Audit and Finance Committee which is a sub-committee of the full board with fiscal and fiduciary oversight. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Comprehensive conflict of interest questionnaire is distributed annually to all board and committee members. Upon receipt of the questionnaire, all board and committee members have 60 days to return the completed questionnaire to the organization's human resource department. The completed questionnaires are reviewed and monitored by the human resource department and any potential conflicts are communicated to the Organization's management and board. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | The executive committee of the Board of Directors determines the compensation of the organization's CEO through a variety of sources, including competitor data and surveys. Additionally, the organization has engaged the services of an independent consultant to provide an opinion on the reasonableness of the compensation plan for the CEO and three top management officials using comparative data and survey data. The opinion letter for the CEO compensation is sent directly to the Chairman of the Board. The opinion letter for the three top management officials is sent directly to the CEO. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, FORM(S) 1023, 990 & 990T AND FINANCIAL STATEMENT AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST THROUGH ITS OFFICES AT 718 ARCH STREET, SUITE 300N, PHILADELPHIA, PA 19106. GOVERNING DOCUMENT REQUESTS ARE EVALUATED AND PROVIDED ON A CASE BY CASE BASIS. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE REINVESTMENT FUND'S WEBSITE. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | There has been no change from the prior year. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990, Part VI, Section B, line 11 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990, Part VI, Section B, line 15 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 4 | Form 990, Part XI, Line 2 |
| IRS990/ScheduleORequired | 0 | 1 |
| IRS990ScheduleR/ExchangeOfAssets | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 0 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/AddressLine1 | 1 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 0 | philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City | 1 | philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 0 | PA |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/State | 1 | PA |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/ZIPCode | 0 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/ZIPCode | 1 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartI/DirectControllingEntityName/BusinessNameLine1 | 0 | trf private equity inc |
| IRS990ScheduleR/Form990ScheduleRPartI/DirectControllingEntityName/BusinessNameLine1 | 1 | trf private equity inc |
| IRS990ScheduleR/Form990ScheduleRPartI/EIN | 0 | 943417492 |
| IRS990ScheduleR/Form990ScheduleRPartI/EIN | 1 | 233095851 |
| IRS990ScheduleR/Form990ScheduleRPartI/EOYAssets | 0 | 100 |
| IRS990ScheduleR/Form990ScheduleRPartI/EOYAssets | 1 | 4007 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 0 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 1 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 2 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine1 | 3 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 0 | PHILADELPHIA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 1 | pHILADELPHIA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 2 | pHILADELPHIA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City | 3 | pHILADELPHIA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 0 | PA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 1 | PA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 2 | PA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State | 3 | PA |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 0 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 1 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 2 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode | 3 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 0 | the reinvestment fund inc |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 1 | the reinvestment fund inc |
| IRS990ScheduleR/Form990ScheduleRPartII/DirectControllingEntityName/BusinessNameLine1 | 2 | the reinvestment fund inc |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 0 | 232331946 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 1 | 232765410 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 2 | 232671667 |
| IRS990ScheduleR/Form990ScheduleRPartII/EIN | 3 | 233010796 |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 0 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 1 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 2 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection | 3 | 501(C)(3) |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine1 | 0 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine1 | 1 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine1 | 2 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/AddressLine1 | 3 | 718 ARCH STREET 300 NORTH |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City | 0 | philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City | 1 | philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City | 2 | Philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/City | 3 | Philadelphia |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State | 0 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State | 1 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State | 2 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/State | 3 | PA |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode | 0 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode | 1 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode | 2 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartIII/AddressUS/ZIPCode | 3 | 19106 |
| IRS990ScheduleR/Form990ScheduleRPartIII/CodeVAmount | 0 | 789 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityNA | 0 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityNA | 1 | N/A |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine1 | 0 | trf private equity inc |
| IRS990ScheduleR/Form990ScheduleRPartIII/DirectControllingEntityName/BusinessNameLine1 | 1 | trf private equity inc |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 0 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 1 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 2 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/DisproportionateAllocations | 3 | 0 |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 0 | 233095852 |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 1 | 400000375 |
| IRS990ScheduleR/Form990ScheduleRPartIII/EIN | 2 | 233095855 |
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Displayed year
2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.