Civic Intelligence

Ashrei Foundation

990 • Fiscal year 2023 • EIN 87-1876155

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 24, 2024

3000 Prairie AvenueSaint Louis, MO 63107

(314) 252-0717

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.01x

Higher debt load relative to assets than 42% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$68,361

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 54.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

20th percentile

-8.1%

Faster asset growth than 20% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-87%

Faster revenue growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$813,791

Down $71,355 (-8.1%) from 2022

Net Assets

Down

$808,886

Down $72,118 (-8.2%) from 2022

Liabilities

Up

$4,905

Up $763 (+18%) from 2022

Revenue

Down

$125,209

Down $836,159 (-87%) from 2022

Expenses

Up

$197,355

Up $116,991 (+146%) from 2022

Net Income

Down

-$72,146

Down $953,150 (-108%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2022: $885,146Liabilities 2022: $4,142Net Assets 2022: $881,0042022Assets 2023: $813,791Liabilities 2023: $4,905Net Assets 2023: $808,8862023Assets 2024: $954,022Liabilities 2024: $5,277Net Assets 2024: $948,7452024

Highlighted filing

2023

Assets$813,791
Liabilities$4,905
Net Assets$808,886

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2022: $961,368Expenses 2022: $80,364Net Income 2022: $881,0042022Revenue 2023: $125,209Expenses 2023: $197,355Net Income 2023: -$72,1462023Revenue 2024: $587,015Expenses 2024: $447,156Net Income 2024: $139,8592024

Highlighted filing

2023

Revenue$125,209
Expenses$197,355
Net Income-$72,146
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 24, 2024
Return Version
2023v5.1
Gross Receipts
$125,209
Mission and Program Overview

Mission

The Ashrei Foundation exists to empower and activate the St. Louis community and partners throughout the state of Missouri to promote economic justice, to relieve suffering, and interrupt cycles of poverty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$870,934$724,336▼ $146,598
Cash and Non-Interest-Bearing Accounts$14,212$79,513▲ $65,301
Prepaid Expenses and Deferred Charges-$1,442-
Total Assets$885,146$813,791▼ $71,355
Other Assets Total-$8,500-
Liabilities
Accounts Payable and Accrued Expenses$4,142$4,905▲ $763
Total Liabilities$4,142$4,905▲ $763
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$881,004$808,886▼ $72,118
Total Net Assets Fund Balance$881,004$808,886▼ $72,118
Total Liabilities and Net Assets / Fund Balance$885,146$813,791▼ $71,355

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$8,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara RuizExecutive DirectorFT$68,361$68,361

Board Members and Trustees

NameTitle
Elana HertelSecretary Chair of Governanc
Joe EsstmanTreasurer Chair of Finance C
Ken GoldmanPresident
Gawain JamesonVice President
Alex TempletonBoard Member
Amy HunterBoard Member
Brian EpstenBoard Member
Helen PettyBoard Member
Marcy BrodskyBoard Member
Rhoda Kahn NussbaumBoard Member
Rabbi Susan TalveFounder
Revenue and Support

Revenue Composition

Contributions and Grants
$101,812
Program Service Revenue
$200
Investment Income
$23,197
Other Revenue
$0
All Other Contributions
$101,812
Change in Net Assets
$-72,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$99,306
Other Expenses$80,549
Grants and Similar Amounts Paid$17,500
Total Fundraising Expense$12,791
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$55,266$24,633$11,843$91,742
Fees for Services Other$5,598$20,000-$25,598
Grants to Domestic Orgs$17,500--$17,500
Occupancy-$7,300-$7,300
Payroll Taxes$3,824$786$786$5,396
Fees for Services Accounting-$5,169-$5,169
Office Expenses$1,753$2,022-$3,775
Information Technology-$2,930$105$3,035
All Other Expenses$2,573$275$17$2,865
Other Salaries and Wages$2,168--$2,168
Travel$115$851$40$1,006
Other Expenses$515$21-$536
Advertising$450--$450
Total Functional Expenses$119,364$65,200$12,791$197,355
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Francis Xavier College ChurchSaint Louis, MO501c3Subgrant for ID assistance program$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

Form 990 was provided to all voting members of the governing body to review prior to the filing deadline.

Conflict of interest policy compliance Part VI line 12C

Ashrei regularly monitors compliance with its Conflict of Interest policy by requiring interested persons to disclose the existence of a possible conflict of interest. The governing board will determine whether a conflict of interest has occurred and the procedures to address the conflict of interest. If a member fails to disclose a conflict of interest, there will be appropriate disciplinary and corrective action.

CEO executive director top management comp Part VI line 15A

The Ashrei Foundation received the official designation from the IRS as a 501(c)(3) on March 30, 2022. As a new not-for-profit, we developed a very robust hiring process. We consulted other nonprofit organization for their opinions and best practices, and pulled data to study salaries paid to executive directors of not-for-profits in the state of Missouri. In this way, the Board of the Ashrei Foundation determined what would be a fair salary and what benefits to offer our executive director.

Other officer or key employee compensation Part VI line 15B

Other officers of the organization are not currently paid but if they were to be, the governing board would use comparable data from other nonprofit organizations to determine a fair and reasonable salary.

Governing documents etc available to public Part VI line 19

The Form 990 is available to the public upon request. Form 990 is also provided to Guidestar to be available for public review.

Part VII response or note to any other line in Part VII

Ashrei Foundation paid Central Reform Congregation (CRC) to reimburse Sara Ruiz and Rabbi Susan Talves salary, payroll taxes and benefits. CRC is not a related organization as it does not share a majority of board members. However, because Ashrei Foundation is directly paying CRC directly for their salary, payroll taxes and benefits, it will be reported as compensation on Part VII, Part IX, Line 5 and Schedule J.

Filing and Contact Details

Filer

Filer Name
Ashrei Foundation
EIN
87-1876155
Address
3000 Prairie Avenue, Saint Louis, MO 63107

Signing Officer

Name
Sara Ruiz
Title
Executive Direc
Phone
3142520717
Signed
2024-09-24
Discuss with paid preparer
Yes

Organization Details

Formed
2021
Legal Domicile
Mo
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
44

Preparer

Firm
Elizabeth A Porter CPA
Address
5345 Mondavi Drive, Saint Louis, MO 63129
Preparer
Elizabeth Porter
Phone
3144436886
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Ashrei expanded their program services to include the Missouri State ID Access Coalition as well as other programs listed in Part III.

List of other fees for services expenses Part IX line 11G

Gladiator Consulting, LLC - $20,000People Stategy Consultants, LLC - $5,598

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IRS990/ProgSrvcAccomActy2Grp/Desc0In 2023, the Ashrei Foundation supported the Missouri State ID Access Coalition as a co-facilitator of the program in partnership with St. Francis Xavier College Church. We supported their Fall Mini-Grant Funding Cycle, supporting 7 groups across the state of Missouri who wanted to assist individuals with getting their government-issued photo IDs and birth certficates. We further supported the Coalition by writing a grant for Impact Through Access: Eliminating barriers to identification for a healthier Missouri and were awarded $588,488 by the Missouri Foundation for Health, with the first payment received in December 2023. This grant will allow us to expand the Coalitions work in 2024 in a variety of ways, including hiring a Coalition Coordinator who will be an Ashrei employee.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029733
IRS990/ProgSrvcAccomActy2Grp/GrantAmt015000
IRS990/ProgSrvcAccomActy3Grp/Desc0The Ashrei Foundation has also actively supported abortion access in the state of Missouri. This included attending an AccessMO event about the ballot initiative process, amplifying messaging, and coordinating with MO Jobs With Justice to offer a training in preparation for signature gathering in 2024. Most notably, Ashreis founder, Rabbi Susan Talve was among the plaintiffs in the abortion access lawsuit, Rev. Traci Blackmon v. State of Missouri, filed in January 2023 and Ashrei staff attended information sessions for the plaintiffs to stay up to date on the status of the lawsuit, shared information with the base about the lawsuit, attended a hearing related to the lawsuit, and organized an event (Fighting for Freedom: Abortion Access & Religious Freedom in Missouri) with 3 plaintiffs and their attorney, with over 50 registered participants. Ashrei does legislative tracking and community training and supporting labor organizations that advocate for workers.
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IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Subgrant for ID assistance program
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0St Francis Xavier College Church
IRS990ScheduleI/RecipientTable/RecipientEIN0430653469
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03628 Lindell Blvd
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Saint Louis
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Recipients of the subgrant are bound to comply with the funding requirements and restrictions of the original grantor, Missouri Foundation for Health (MFH). Ashrei includes this information in the required reporting submitted to MFH. Additionally, subgrantees complete an application which is peer reviewed and awarded. Subgrantees sign a written grant agreement and submit monthly reports on the services rendered with the subgrant funds. All programs are supporting ID access through direct funding for photo IDs and birth certificates as well as related expenses to manage those programs.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 was provided to all voting members of the governing body to review prior to the filing deadline.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Ashrei regularly monitors compliance with its Conflict of Interest policy by requiring interested persons to disclose the existence of a possible conflict of interest. The governing board will determine whether a conflict of interest has occurred and the procedures to address the conflict of interest. If a member fails to disclose a conflict of interest, there will be appropriate disciplinary and corrective action.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Ashrei Foundation received the official designation from the IRS as a 501(c)(3) on March 30, 2022. As a new not-for-profit, we developed a very robust hiring process. We consulted other nonprofit organization for their opinions and best practices, and pulled data to study salaries paid to executive directors of not-for-profits in the state of Missouri. In this way, the Board of the Ashrei Foundation determined what would be a fair salary and what benefits to offer our executive director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other officers of the organization are not currently paid but if they were to be, the governing board would use comparable data from other nonprofit organizations to determine a fair and reasonable salary.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Form 990 is available to the public upon request. Form 990 is also provided to Guidestar to be available for public review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Ashrei expanded their program services to include the Missouri State ID Access Coalition as well as other programs listed in Part III.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Gladiator Consulting, LLC - $20,000People Stategy Consultants, LLC - $5,598
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Ashrei Foundation paid Central Reform Congregation (CRC) to reimburse Sara Ruiz and Rabbi Susan Talves salary, payroll taxes and benefits. CRC is not a related organization as it does not share a majority of board members. However, because Ashrei Foundation is directly paying CRC directly for their salary, payroll taxes and benefits, it will be reported as compensation on Part VII, Part IX, Line 5 and Schedule J.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Significant program services not listed on prior year return Part III line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6List of other fees for services expenses Part IX line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Part VII response or note to any other line in Part VII
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0197355
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