Civic Intelligence

Rediscover Foundation

990 • Fiscal year 2020 • EIN 43-1316571

Jan 01, 2020 to Dec 31, 2020 • Filed on May 15, 2021

1555 NE Rice RdLees Summit, MO 64086

(816) 966-0900

Siviq Scores

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

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.26x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

2nd percentile

-159%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

93rd percentile

$420,123

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 144.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

26th percentile

-0.6%

Faster asset growth than 26% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

3rd percentile

-69%

Faster revenue growth than 3% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,004,658

Down $51,242 (-0.6%) from 2019

Net Assets

Down

$7,929,277

Down $48,550 (-0.6%) from 2019

Liabilities

Down

$75,381

Down $2,692 (-3.4%) from 2019

Revenue

Down

$291,353

Down $651,499 (-69%) from 2019

Expenses

Up

$754,484

Up $199,411 (+36%) from 2019

Net Income

Down

-$463,131

Down $850,910 (-219%) from 2019

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $7,164,253Liabilities 2010: $73,287Net Assets 2010: $7,090,9662010Assets 2011: $7,378,834Liabilities 2011: $69,859Net Assets 2011: $7,308,9752011Assets 2012: $8,033,480Liabilities 2012: $72,000Net Assets 2012: $7,961,4802012Assets 2013: $9,737,717Liabilities 2013: $85,134Net Assets 2013: $9,652,5832013Assets 2014: $9,674,996Liabilities 2014: $82,165Net Assets 2014: $9,592,8312014Assets 2015: $8,387,485Liabilities 2015: $76,994Net Assets 2015: $8,310,4912015Assets 2016: $6,807,278Liabilities 2016: $78,055Net Assets 2016: $6,729,2232016Assets 2017: $7,507,100Liabilities 2017: $75,049Net Assets 2017: $7,432,0512017Assets 2018: $6,851,795Liabilities 2018: $75,255Net Assets 2018: $6,776,5402018Assets 2019: $8,055,900Liabilities 2019: $78,073Net Assets 2019: $7,977,8272019Assets 2020: $8,004,658Liabilities 2020: $75,381Net Assets 2020: $7,929,2772020Assets 2021: $8,704,711Liabilities 2021: $81,131Net Assets 2021: $8,623,5802021Assets 2022: $4,993,717Liabilities 2022: $70,040Net Assets 2022: $4,923,6772022Assets 2023: $5,452,061Liabilities 2023: $72,460Net Assets 2023: $5,379,6012023Assets 2024: $5,950,802Liabilities 2024: $77,768Net Assets 2024: $5,873,0342024

Highlighted filing

2020

Assets$8,004,658
Liabilities$75,381
Net Assets$7,929,277

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $115,4022010Expenses 2011: $193,4192011Expenses 2012: $460,0142012Revenue 2013: $1,100,565Expenses 2013: $476,024Net Income 2013: $624,5412013Revenue 2014: $654,704Expenses 2014: $1,019,768Net Income 2014: -$365,0642014Revenue 2015: $1,038,048Expenses 2015: $998,840Net Income 2015: $39,2082015Revenue 2016: $765,893Expenses 2016: $2,605,912Net Income 2016: -$1,840,0192016Revenue 2017: $1,165,445Expenses 2017: $856,718Net Income 2017: $308,7272017Revenue 2018: $762,553Expenses 2018: $855,814Net Income 2018: -$93,2612018Revenue 2019: $942,852Expenses 2019: $555,073Net Income 2019: $387,7792019Revenue 2020: $291,353Expenses 2020: $754,484Net Income 2020: -$463,1312020Revenue 2021: $533,865Expenses 2021: $557,993Net Income 2021: -$24,1282021Revenue 2022: $794,290Expenses 2022: $3,124,041Net Income 2022: -$2,329,7512022Revenue 2023: $449,644Expenses 2023: $305,134Net Income 2023: $144,5102023Revenue 2024: $477,642Expenses 2024: $347,948Net Income 2024: $129,6942024

Highlighted filing

2020

Revenue$291,353
Expenses$754,484
Net Income-$463,131
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.1
Gross Receipts
$434,338
Mission and Program Overview

Mission

Rediscover foundation's mission is to secure financial resources for rediscover to provide help, hope and healing for those affected by behavioral health disorders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,518,075$7,747,120▲ $229,045
Savings and Temporary Cash Investments$537,825$257,538▼ $280,287
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$8,055,900$8,004,658▼ $51,242
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$74,880$74,491▼ $389
Accounts Payable and Accrued Expenses$3,193$890▼ $2,303
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$78,073$75,381▼ $2,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,415,638$6,346,095▼ $69,543
Net Assets With Donor Restrictions$1,562,189$1,583,182▲ $20,993
Total Net Assets Fund Balance$7,977,827$7,929,277▼ $48,550
Total Liabilities and Net Assets / Fund Balance$8,055,900$8,004,658▼ $51,242

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$5,271,225-▲ $277,633$126,026$5,394,104
2019$4,659,971-▲ $787,322$146,545$5,271,225
2018$5,092,044-▼ $218,315$184,744$4,659,971
2017$4,546,947$222,462▲ $450,874$98,679$5,092,044
2016$5,909,312$110,567▲ $356,357$1,800,133$4,546,947
Compensation and Service Providers

Board Members and Trustees

NameTitle
David StackelhouseChairman/director
Jennifer CraigPresident/director
Orlando GutierrezVice Chairman/director
Stewart ChaseSenior Vice President
Aly HernandezDirector
Brandon BrownDirector
Catherine SingletonDirector
Chad HertzogDirector
David BowerDirector
Edward GaffneyDirector
Herbert DempseyDirector
Jim GilliganDirector
Kathy RossDirector
Laura RitterbushDirector
Leonard JonesDirector
Manuel Abarca IvDirector
Randall RhoadsDirector
Rob RobinsonDirector
Stephanie SpearsDirector
Whitney SunderlandDirector
Erika Kauffman WheelerSecretary/treasurer/director
Sandy KessingerSecretary/treasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$236,304
Program Service Revenue
$0
Investment Income
$58,464
Other Revenue
$-3,415
All Other Contributions
$204,794
Change in Net Assets
$-463,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$648,219
Total Fundraising Expense$64,113
Salaries, Compensation, and Employee Benefits$56,438
Other Expenses$49,827
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$648,219--$648,219
Other Salaries and Wages--$44,882$44,882
Fees for Service Investment Mgmnt Fees-$42,152-$42,152
Other Employee Benefits--$6,821$6,821
Payroll Taxes--$4,083$4,083
Fees for Services Other--$1,458$1,458
Pension Plan Contributions--$652$652
Travel--$327$327
Other Expenses--$19$19
Total Functional Expenses$648,219$42,152$64,113$754,484
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
RediscoverLees Summit, MO501(c)(3)Support for Operations$648,219
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$14,490
Gaming Gross Income$11,075
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$74,491
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 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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

All board members, jennifer craig and stewart chase have a business relationship.

Form 990, Part VI, Section A, Line 6

Rediscover is the sole member of rediscover foundation.

Form 990, Part VI, Section A, Line 7A

The board of rediscover, the sole member, elects the board of rediscover foundation.

Form 990, Part VI, Section A, Line 7B

The board of rediscover, the sole member, approves the articles of incorporation, bylaws, annual budget, election to and removal from the board and any proposed dissolution and/or liquidation of rediscover foundation.

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

An independent accounting firm prepares and reviews the 990. It is then reviewed by rediscover's officers and accounting personnel. Any questions or concerns are addressed and/or corrected at that time. The final form 990 with all required schedules is then provided to all members of the board of directors prior to filing the 990.

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

At the time of hire (or election in the case of directors) and annually thereafter, the president/ceo shall provide to the board, executive officers and key employees a copy of the conflict of interest policy and questionnaire which shall be completed to identify any relationships, positions or circumstances in which a conflict may arise. A report shall be made to the compliance committee concerning the completion of the questionnaires and any interests disclosed therein. Any person with such a conflict abstains from voting on the issue creating the conflict. Such annual monitoring and review shall be part of the corporate compliance plan.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rediscover Foundation
EIN
43-1316571
In Care Of
% JENNIFER FREEMAN
Phone
8169660900
Address
1555 NE RICE RD, LEES SUMMIT, MO 64086

Signing Officer

Name
Jennifer Craig
Title
President
Phone
8163473247
Signed
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Craig
Formed
1983
Legal Domicile
Mo
Voting Board Members
17
Independent Board Members
16
Employees
1
Volunteers
25

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Michael J Engle
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

Rediscover foundation is the philanthropic arm of rediscover, a not-for-profit agency that provides mental health and substance use disorder treatment and preventive services. Through its financial support, the foundation board and staff seek to enhance the health of the community by promoting a continuum of care that is accessible and affordable. Foundation activities benefit the mentally ill and their families by promoting self-esteem, independent living, family stability and improved quality of life. Foundation proceeds in 2020 were used to support community-based mental health and substance use disorder programs. These include: outreach staff to provide services and consultation to school districts in southern jackson county; in-home services for children and families in crisis; services for indigent individuals and families and expansion of substance use disorder treatment options.

Form 990, Part XI, Line 9

Grants to rediscover $ 648,219 transfer to affiliate $ (572,571) ------------ $ 75,648

Financial Statement Notes

Schedule D, Part V, Line 4

Earnings from the endowment funds are to be used to fund the continuing operations of rediscover.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1SENIOR VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.95$0.08$5.87$0.48$0.35$0.13
2023Detailed filing. Detailed filing data is available for this year.$5.45$0.07$5.38$0.45$0.31$0.14
2022Detailed filing. Detailed filing data is available for this year.$4.99$0.07$4.92$0.79$3.12$2.33
2021Detailed filing. Detailed filing data is available for this year.$8.70$0.08$8.62$0.53$0.56$0.02
2020Detailed filing. Detailed filing data is available for this year.$8.00$0.08$7.93$0.29$0.75$0.46
2019Detailed filing. Detailed filing data is available for this year.$8.06$0.08$7.98$0.94$0.56$0.39
2018Detailed filing. Detailed filing data is available for this year.$6.85$0.08$6.78$0.76$0.86$0.09
2017Detailed filing. Detailed filing data is available for this year.$7.51$0.08$7.43$1.17$0.86$0.31
2016Detailed filing. Detailed filing data is available for this year.$6.81$0.08$6.73$0.77$2.61$1.84
2015Detailed filing. Detailed filing data is available for this year.$8.39$0.08$8.31$1.04$1.00$0.04
2014Detailed filing. Detailed filing data is available for this year.$9.67$0.08$9.59$0.65$1.02$0.37
2013Detailed filing. Detailed filing data is available for this year.$9.74$0.09$9.65$1.10$0.48$0.62
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.03$0.07$7.96$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.07$7.31$0.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$0.07$7.09$0.12