Civic Intelligence

Rebound Inc.

990 • Fiscal year 2019 • EIN 47-1546411

Nov 01, 2018 to Oct 31, 2019 • Filed on Mar 20, 2020

Organization ProfileWWW.REBOUNDMPLS.ORG
710 W BroadwayMinneapolis, MN 55411

(612) 205-6640

Siviq Scores

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

Liabilities / Assets

78th percentile

0.42x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

60th percentile

0.15x

Higher debt load relative to revenue than 60% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

67th percentile

$97,977

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

93rd percentile

68%

Faster asset growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

72nd percentile

17%

Faster revenue growth than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$467,337

Up $189,559 (+68%) from 2018

Net Assets

Up

$271,148

Up $27,868 (+11%) from 2018

Liabilities

Up

$196,189

Up $161,691 (+469%) from 2018

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin47th percentile

Revenue

Up

$1,334,265

Up $197,579 (+17%) from 2018

Expenses

Up

$1,306,397

Up $371,004 (+40%) from 2018

Net Income

Down

$27,868

Down $173,425 (-86%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2014: $1Liabilities 2014: $02014Assets 2016: $41,913Liabilities 2016: $26,762Net Assets 2016: $15,1512016Assets 2017: $46,627Liabilities 2017: $34,749Net Assets 2017: $11,8782017Assets 2018: $277,778Liabilities 2018: $34,498Net Assets 2018: $243,2802018Assets 2019: $467,337Liabilities 2019: $196,189Net Assets 2019: $271,1482019Assets 2020: $1,043,378Liabilities 2020: $419,403Net Assets 2020: $623,9752020Assets 2021: $1,705,422Liabilities 2021: $344,618Net Assets 2021: $1,360,8042021Assets 2022: $1,798,731Liabilities 2022: $290,353Net Assets 2022: $1,508,3782022Assets 2023: $1,331,784Liabilities 2023: $190,074Net Assets 2023: $1,141,7102023Assets 2024: $1,221,747Liabilities 2024: $284,603Net Assets 2024: $937,1442024

Highlighted filing

2019

Assets$467,337
Liabilities$196,189
Net Assets$271,148
Open 2019 Filing

Operations Trend

Revenue Growth72nd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2016: $457,070Expenses 2016: $413,489Net Income 2016: $43,5812016Revenue 2017: $493,490Expenses 2017: $496,763Net Income 2017: -$3,2732017Revenue 2018: $1,136,686Expenses 2018: $935,393Net Income 2018: $201,2932018Revenue 2019: $1,334,265Expenses 2019: $1,306,397Net Income 2019: $27,8682019Revenue 2020: $1,819,897Expenses 2020: $1,467,070Net Income 2020: $352,8272020Revenue 2021: $2,581,147Expenses 2021: $1,844,318Net Income 2021: $736,8292021Revenue 2022: $2,264,517Expenses 2022: $2,074,519Net Income 2022: $189,9982022Revenue 2023: $1,841,400Expenses 2023: $2,233,743Net Income 2023: -$392,3432023Revenue 2024: $1,874,600Expenses 2024: $2,152,231Net Income 2024: -$277,6312024

Highlighted filing

2019

Revenue$1,334,265
Expenses$1,306,397
Net Income$27,868
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Mar 20, 2020
Return Version
2018v3.1
Gross Receipts
$1,356,083
Mission and Program Overview

Mission

Reduce the over representation of african american males in the juvenile justice system.

Lead the way in the innovation and provision of evidence based and community centered education, advocacy, and rehabilitation solutions to the issues facing the black community in the twin cities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,893$265,331▲ $244,438
Accounts Receivable$136,852$153,505▲ $16,653
Savings and Temporary Cash Investments$95,481$24,894▼ $70,587
Cash and Non-Interest-Bearing Accounts$20,887$15,707▼ $5,180
Prepaid Expenses and Deferred Charges$1,500$2,025▲ $525
Total Assets$277,778$467,337▲ $189,559
Other Assets Total$2,165$5,875▲ $3,710
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,765$155,301▲ $151,536
Accounts Payable and Accrued Expenses$30,733$40,888▲ $10,155
Total Liabilities$34,498$196,189▲ $161,691
Net Assets / Fund Balance
Unrestricted Net Assets$243,280$227,365▼ $15,915
Temporarily Rstr Net Assets-$43,783-
Total Net Assets Fund Balance$243,280$271,148▲ $27,868
Total Liabilities and Net Assets / Fund Balance$277,778$467,337▲ $189,559

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$224,316$7,500$231,816
Equipment$34,509$9,361$43,870
Leasehold Improvements$6,506$1,001$7,507
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Carmeann FosterExecutive DirectorFT$94,507$3,470$97,977
Christina BottsFinance DirectorPT$50,986-$50,986
Charlene ForbesSecretaryPT$38,200-$38,200

Board Members and Trustees

NameTitle
Brian PfiefferDirector
Keedar WittleDirector
Willie BridgesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$49,838
Program Service Revenue
$1,304,290
Investment Income
$1,955
Other Revenue
$-21,818
All Other Contributions
$31,859
Change in Net Assets
$27,868

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,334,265
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,334,265
Total Revenue per Form 990
$1,334,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$933,424
Other Expenses$372,973
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$647,036--$647,036
Current Officers, Directors, Trustees, and Key Employees$50,161$103,171-$153,332
Payroll Taxes$57,461$8,586-$66,047
Occupancy$29,965$20,315-$50,280
Comp Disqual Persons$38,828$9,213-$48,041
Insurance$31,903$10,634-$42,537
All Other Expenses$30,382$10,313-$40,695
Other Expenses$19,310$1,800-$21,110
Other Employee Benefits$16,455$2,513-$18,968
Depreciation Depletion$14,872--$14,872
Fees for Services Accounting$5,888$8,224-$14,112
Fees for Services Other$12,871--$12,871
Interest$7,415--$7,415
Office Expenses-$260-$260
Conferences and Meetings-$225-$225
Total Functional Expenses$1,125,038$181,359$0$1,306,397

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,306,397
Total Expenses per Audited Statements$1,306,397
Total Expenses per Form 990$1,306,397
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,818
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5th Aniversary$17,979-$21,818-
Total Events$17,979-$21,818$-21,818
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Carmeann FosterLessorRent PaymentsNo$19,500
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
Yes
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Carmeann foster and charlene forbes are sisters.”

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

“Rebound inc.'s does not have any committees.”

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

“The 990 is reviewed by the finance director and a copy is provided to other board members for review and approval.”

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

“Board of directors are required to disclose conflicts. During board meetings, if there is a conflict, the directors discuss the conflict and make decisions accordingly.”

Form 990, Part VI, Section B, Line 15

“All key employees and officers' compensation were determined by researching comparable salaries and implementing them accordingly.”

Form 990, Part VI, Section C, Line 19

“A copy of the 990 is posted to the organization's website and is available upon request in other formats by contacting the finance director.”

Filing and Contact Details

Filer

Filer Name
Rebound Inc
EIN
47-1546411
Phone
6122056640
Address
710 W BROADWAY, MINNEAPOLIS, MN 55411

Signing Officer

Name
Carmeann Foster
Title
Executive Director
Phone
6122056640
Signed
2020-03-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carmeann Foster
Formed
2014
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
3
Employees
65
Volunteers
35

Preparer

Firm
Boeckermann Grafstrom & Mayer LLC
Address
332 MINNESOTA STREET STE W-900, ST PAUL, MN 55101
Preparer
Corey Edmunds
Phone
6512279431
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There was no change in the oversight process.”

Financial Statement Notes

PART X, LINE 2:

“The organization qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code and the comparable section of the minnesota income tax statutes. It has been classified as an organization that is not a private foundation under the internal revenue code and contributions by donors are tax deductible. During the year ended october 31, 2019 and 2018, the organization had no unrelated business income. The financial accounting standards board issued guidance on accounting for uncertainty in income taxes. Management evaluated the community'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 provision of this guidance. The organization is no longer subject to income tax examinations by the u.s. Federal, state, or local tax authorities for years before 2015. Interest and penalties are classified as expense as incurred.”

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IRS990/ProgramServiceRevenueGrp/Desc0GROUP HOME SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1TRAUMA SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2AFTER CARE SEVICES
IRS990/ProgramServiceRevenueGrp/Desc3MENTORING SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01020026
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1124705
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt293450
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt366109
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01020026
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1124705
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt293450
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt366109
IRS990/ProgSrvcAccomActy2Grp/Desc0REBOUND INC. HAS A 1:1 MENTOR PROGRAM FOR TEENAGERS ON PROBATION AND PROVIDED MENTORING FOR 11 YOUTH DURING THE YEAR. DURING THE YEAR, REBOUND INC. STARTED AN AFTER CARE PROGRAM FOR YOUTH THAT ARE TRANSITIONING BACK INTO THEIR HOMES AND COMMUNITIES INCLUDING GROUP ACTIVITIES AND OUTINGS. THERE WERE 10 YOUTH IN THE AFTER CARE PROGRAM IN THE CURRENT YEAR. DURING THE YEAR, REBOUND HELD THEIR SECOND ANNUAL HBCU COLLEGE TOUR AND THERE WERE 12 YOUTH THAT PARTICIPATED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0112802
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0159559
IRS990/ProgSrvcAccomActy3Grp/Desc0THE UJIMA FAMILY RESILIENCE PROGRAM, WHICH HELPS FAMILIES COPE WITH TRAUMA, LAUNCHED ITS FIRST GROUPS IN JANUARY 2019. SINCE JANUARY 2019, THE PROGRAM HAD 45 INDIVIDUALS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0125547
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0124705
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015876
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt061
IRS990/PYOtherExpensesAmt0225832
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01120749
IRS990/PYRevenuesLessExpensesAmt0201293
IRS990/PYSalariesCompEmpBnftPaidAmt0709561
IRS990/PYTotalExpensesAmt0935393
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01136686
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt027868
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01020026
IRS990/SavingsAndTempCashInvstGrp/BOYAmt095481
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024894
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt049838
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt015876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt044569
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt018191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0172021
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt061
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02058
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03288856
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0172021
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt049838
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt044569
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt018191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0172021
IRS990ScheduleA/TotalSupportAmt0174079
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0224316
IRS990ScheduleD/BuildingsGrp/DepreciationAmt07500
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0231816
IRS990ScheduleD/EquipmentGrp/BookValueAmt034509
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09361
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043870
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01306397
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06506
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01001
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07507
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01334265
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE COMPARABLE SECTION OF THE MINNESOTA INCOME TAX STATUTES. IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER THE INTERNAL REVENUE CODE AND CONTRIBUTIONS BY DONORS ARE TAX DEDUCTIBLE. DURING THE YEAR ENDED OCTOBER 31, 2019 AND 2018, THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE COMMUNITY'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 PROVISION OF THIS GUIDANCE. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2015. INTEREST AND PENALTIES ARE CLASSIFIED AS EXPENSE AS INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0265331
IRS990ScheduleD/TotalExpensesPerForm990Amt01306397
IRS990ScheduleD/TotalRevenuePerForm990Amt01334265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01334265
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01306397
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017979
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017979
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021818
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm05TH ANIVERSARY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017979
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017979
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-21818
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021818
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021818
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CARMEANN FOSTER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LESSOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt019500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT PAYMENTS
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CARMEANN FOSTER AND CHARLENE FORBES ARE SISTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REBOUND INC.'S DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS REVIEWED BY THE FINANCE DIRECTOR AND A COPY IS PROVIDED TO OTHER BOARD MEMBERS FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE CONFLICTS. DURING BOARD MEETINGS, IF THERE IS A CONFLICT, THE DIRECTORS DISCUSS THE CONFLICT AND MAKE DECISIONS ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL KEY EMPLOYEES AND OFFICERS' COMPENSATION WERE DETERMINED BY RESEARCHING COMPARABLE SALARIES AND IMPLEMENTING THEM ACCORDINGLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A COPY OF THE 990 IS POSTED TO THE ORGANIZATION'S WEBSITE AND IS AVAILABLE UPON REQUEST IN OTHER FORMATS BY CONTACTING THE FINANCE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt043783
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0277778
IRS990/TotalAssetsEOYAmt0467337
IRS990/TotalAssetsGrp/BOYAmt0277778
IRS990/TotalAssetsGrp/EOYAmt0467337
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt049838
IRS990/TotalEmployeeCnt065
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0181359
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01125038
IRS990/TotalFunctionalExpensesGrp/TotalAmt01306397
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt034498
IRS990/TotalLiabilitiesEOYAmt0196189
IRS990/TotalLiabilitiesGrp/BOYAmt034498
IRS990/TotalLiabilitiesGrp/EOYAmt0196189
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0243280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0271148
IRS990/TotalOtherCompensationAmt03470
IRS990/TotalProgramServiceExpensesAmt01125038
IRS990/TotalProgramServiceRevenueAmt01304290
IRS990/TotalReportableCompFromOrgAmt0183693
IRS990/TotalRevenueGrp/ExclusionAmt0-19863
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01304290
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01334265
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0277778

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$467,337
Liabilities
$196,189
Net assets
$271,148
Revenue
$1,334,265
Expenses
$1,306,397
Net income
$27,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.28$0.94$1.87$2.15$0.28
2023Detailed filing. Detailed filing data is available for this year.$1.33$0.19$1.14$1.84$2.23$0.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.29$1.51$2.26$2.07$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.71$0.34$1.36$2.58$1.84$0.74
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.42$0.62$1.82$1.47$0.35
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.20$0.27$1.33$1.31$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.28$0.03$0.24$1.14$0.94$0.20
2017Detailed filing. Detailed filing data is available for this year.$0.05$0.03$0.01$0.49$0.50$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.03$0.02$0.46$0.41$0.04
2014Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00