Civic Intelligence

Rea Foundation Inc.

990 • Fiscal year 2022 • EIN 34-1882048

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 08, 2023

PO Box 1020New Philadelphia, OH 44663-5120

(330) 339-6651

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

89th percentile

49%

Higher net margin than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

84th percentile

52%

Faster asset growth than 84% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$253,172

Up $86,627 (+52%) from 2021

Net Assets

Up

$253,172

Up $86,627 (+52%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$176,551

Down $30,041 (-15%) from 2021

Expenses

Down

$89,924

Down $37,159 (-29%) from 2021

Net Income

Up

$86,627

Up $7,118 (+9.0%) from 2021

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $8,105Liabilities 2010: $0Net Assets 2010: $8,1052010Assets 2011: $3,351Liabilities 2011: $0Net Assets 2011: $3,3512011Assets 2012: $4,910Liabilities 2012: $0Net Assets 2012: $4,9102012Assets 2013: $2,685Liabilities 2013: $0Net Assets 2013: $2,6852013Assets 2014: $19,088Liabilities 2014: $0Net Assets 2014: $19,0882014Assets 2015: $27,318Liabilities 2015: $0Net Assets 2015: $27,3182015Assets 2016: $26,832Liabilities 2016: $0Net Assets 2016: $26,8322016Assets 2017: $21,560Liabilities 2017: $0Net Assets 2017: $21,5602017Assets 2018: $33,135Liabilities 2018: $0Net Assets 2018: $33,1352018Assets 2019: $65,929Liabilities 2019: $0Net Assets 2019: $65,9292019Assets 2020: $87,036Liabilities 2020: $0Net Assets 2020: $87,0362020Assets 2021: $166,545Liabilities 2021: $0Net Assets 2021: $166,5452021Assets 2022: $253,172Liabilities 2022: $0Net Assets 2022: $253,1722022Assets 2023: $208,369Liabilities 2023: $0Net Assets 2023: $208,3692023Assets 2024: $183,534Liabilities 2024: $0Net Assets 2024: $183,5342024

Highlighted filing

2022

Assets$253,172
Liabilities$0
Net Assets$253,172

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $86,727Expenses 2010: $102,450Net Income 2010: -$15,7232010Revenue 2011: $34,496Expenses 2011: $39,250Net Income 2011: -$4,7542011Revenue 2012: $37,059Expenses 2012: $35,500Net Income 2012: $1,5592012Revenue 2013: $55,700Expenses 2013: $57,925Net Income 2013: -$2,2252013Revenue 2014: $41,956Expenses 2014: $25,553Net Income 2014: $16,4032014Revenue 2015: $37,939Expenses 2015: $29,709Net Income 2015: $8,2302015Revenue 2016: $39,603Expenses 2016: $40,089Net Income 2016: -$4862016Revenue 2017: $47,673Expenses 2017: $52,945Net Income 2017: -$5,2722017Revenue 2018: $71,891Expenses 2018: $60,316Net Income 2018: $11,5752018Revenue 2019: $100,387Expenses 2019: $67,593Net Income 2019: $32,7942019Revenue 2020: $99,783Expenses 2020: $78,676Net Income 2020: $21,1072020Revenue 2021: $206,592Expenses 2021: $127,083Net Income 2021: $79,5092021Revenue 2022: $176,551Expenses 2022: $89,924Net Income 2022: $86,6272022Revenue 2023: $157,064Expenses 2023: $201,867Net Income 2023: -$44,8032023Revenue 2024: $131,665Expenses 2024: $156,500Net Income 2024: -$24,8352024

Highlighted filing

2022

Revenue$176,551
Expenses$89,924
Net Income$86,627
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$201,028
Mission and Program Overview

Mission

To support the health, education, and welfare of community charitable organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$166,545$253,172▲ $86,627
Rtn Earn Endowment Incm Other Fnds$166,545$253,172▲ $86,627
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$166,545$253,172▲ $86,627
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$166,545$253,172▲ $86,627
Total Liabilities and Net Assets / Fund Balance$166,545$253,172▲ $86,627
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul McewanSecretary/president
Ben AntonelliTrustee
Maribeth WrightTrustee
Rick LashTrustee
Tammy HaneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$158,019
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$18,532
All Other Contributions
$158,019
Change in Net Assets
$86,627
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$88,883
Other Expenses$1,041
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$67,383--$67,383
Grants to Domestic Individuals$21,500--$21,500
Office Expenses-$1,041-$1,041
Total Functional Expenses$88,883$1,041$0$89,924
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
THE CROHN'S & COLITIS FOUNDATIONIndependence, OH-Operating Support$15,000
Sealkids IncDublin, OH-Operating Support$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$43,009
Fundraising Direct Expenses$24,477
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$35,464$35,464$5,483$29,981
Game Squares$5,430$5,430-$5,430
Total Events$43,009$43,009$24,477$18,532
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
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the voting members of the organization.

Form 990, Part VI, Section C, Line 19

The organization provides documents to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rea Foundation Inc
EIN
34-1882048
Phone
3303396651
Address
PO BOX 1020, NEW PHILADELPHIA, OH 44663-5120

Signing Officer

Name
Tammy Haney
Title
Treasurer
Phone
3303396651
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Haney
Formed
2019
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Rea & Associates
Address
905 ZANE STREET, ZANESVILLE, OH 43701
Preparer
M Katherine Brown CPA
Phone
7404543198
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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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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0166545
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0253172
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt088883
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018532
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0176551
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0166545
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0253172
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1020
IRS990/USAddress/CityNm0NEW PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044663
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMMY HANEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03303396651
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0REAF
ReturnHeader/Filer/EIN0341882048
ReturnHeader/Filer/PhoneNum03303396651
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1020
ReturnHeader/Filer/USAddress/CityNm0NEW PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0446635120
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341310124
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REA & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0905 ZANE STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ZANESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043701
ReturnHeader/PreparerPersonGrp/PhoneNum07404543198
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M KATHERINE BROWN CPA
ReturnHeader/ReturnTs02023-11-08T12:42:16-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TAMMY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HANEY
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.32$1.57$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.08$0.00$2.08$1.57$2.02$0.45
2022Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$1.77$0.90$0.87
2021Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$2.07$1.27$0.80
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$1.00$0.79$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.00$0.68$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.72$0.60$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.48$0.53$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.40$0.40$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$0.38$0.30$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.42$0.26$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.56$0.58$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.37$0.36$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.00$0.03$0.34$0.39$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.87$1.02$0.16