RHI Foundation Inc

EIN: 351932349 501(c)(3) Philanthropy & Grantmaking

Indianapolis, IN

Total Revenue
$972,936
Total Expenses
$686,501
Total Assets
$964,160
Net Assets
$-24,704
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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IN
Phone
3173292000
Tax Period
2023-01-01 to 2023-12-31

RHI Foundation Inc, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $973K in total revenue in fiscal year 2023. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $286K, a strong 29% operating margin.

Mission

The RHI Foundation exists to identify and secure non-operational sources of public and private funding for cutting-edge medical research, other operational resources and programming, and facilities and equipment that further the mission of the Rehabilitation Hospital of Indiana. (CONTINUED ON SCHEDULE O)

Program Service Accomplishments

Program 1
Expenses: $435,319 Revenue: $211,761

BRAIN INJURY RESEARCH: RHI FOUNDATION DEVELOPS AND TRANSLATES A STATEWIDE SYSTEM OF SUPPORT AND COLLABORATION INTO LOCAL SUPPORT NETWORKS INTEGRATED THROUGH RESOURCE FACILITATION, DATA COLLECTION AND...

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BRAIN INJURY RESEARCH: RHI FOUNDATION DEVELOPS AND TRANSLATES A STATEWIDE SYSTEM OF SUPPORT AND COLLABORATION INTO LOCAL SUPPORT NETWORKS INTEGRATED THROUGH RESOURCE FACILITATION, DATA COLLECTION AND OUTCOMES MEASUREMENT TO ENHANCE VOCATIONAL OUTCOME IN ACQUIRED BRAIN INJURY. THE GOALS OF THIS PROJECT ARE TO ESTABLISH BRAIN INJURY SPECIFIC INTEGRATED AND COORDINATED SYSTEMS OF SUPPORT AND SERVICE AT THE STATE AND LOCAL LEVEL IN COLLABORATION WITH THE INDIANA BRAIN INJURY LEADERSHIP BOARD, TO DEVELOP AN INDIANA BRAIN INJURY RESOURCE CENTER (IBIRC), AND TO DEVELOP AN OUTCOMES MEASUREMENT STRATEGY WITH THE IOWA AND MINNESOTA RESOURCE FACILITATION PROGRAMS TO DEVELOP A BEST PRACTICE MODEL FOR RESOURCE FACILITATION IN BRAIN INJURY. FOLLOWING ACQUIRED BRAIN INJURY (ABI) AND ACUTE HOSPITALIZATION AND REHABILITATION, THE SURVIVORS AND THEIR FAMILIES ARE CHALLENGED TO DISCOVER WHAT RESOURCES ARE AVAILABLE THROUGH VARIOUS PUBLIC AND PRIVATE SECTOR ORGANIZATIONS. EACH ORGANIZATION HAS DIFFERENT ACCESSIBILITY CRITERIA, PRIORITIES, AND PROCESSES. EACH SURVIVOR AND FAMILY IS LEFT TO REDISCOVER HOW TO NAVIGATE THE MAZE TO RECOVERY AND RE-INTEGRATION INTO THE COMMUNITY FOLLOWING BRAIN INJURY. WORK OUTCOMES FOLLOWING MODERATE TO SEVERE BRAIN INJURY ARE TYPICALLY LESS THAN 40%, AND TYPICALLY AROUND 30% FOR WORKING AGE PATIENTS. SEVERAL TREATMENT STUDIES EMPLOYING SPECIALIZED POST-ACUTE DAY TREATMENT OR HOLISTIC REHABILITATION HAVE DEMONSTRATED BETTER OUTCOME WITH RETURN TO WORK RATES OF 60-70%. THE MAJORITY OF PEOPLE WITH TBI DO NOT HAVE ACCESS TO SPECIALIZED POST-ACUTE REHABILITATION PRIMARILY SECONDARY TO AN ABSENCE OF REIMBURSEMENT. MORE RECENTLY, MANY STATES HAVE BEGUN TO DEVELOP RESOURCE FACILITATION MODELS FOR PEOPLE WITH TBI AND THEIR FAMILIES WITH VARYING GOALS AND METHODS. OUR RESEARCH GROUP HAS RECENTLY COMPLETED THE FIRST RANDOMIZED CONTROLLED TRIAL OF RESOURCE FACILITATION FOR PEOPLE WITH ABI BEGINNING IMMEDIATELY AFTER DISCHARGE FROM ACUTE REHABILITATION. THE RESULT HAS BEEN A DRAMATIC RISE IN THE NUMBER OF BRAIN INJURY PATIENTS WHO ARE ABLE TO RETURN TO WORK AND SELF-SUFFICIENCY.

Program 2
Expenses: $119,028 Revenue: $232,222

SPORTS PROGRAMS: THE SPORTS PROGRAM MAKES BEING A PART OF SPORTS ACTIVITIES A REALITY AGAIN FOR MANY INDIVIDUALS OF THE COMMUNITY. PARTICIPANTS WITH ANY TYPE OF PHYSICAL DISABILITY HAVE THE...

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SPORTS PROGRAMS: THE SPORTS PROGRAM MAKES BEING A PART OF SPORTS ACTIVITIES A REALITY AGAIN FOR MANY INDIVIDUALS OF THE COMMUNITY. PARTICIPANTS WITH ANY TYPE OF PHYSICAL DISABILITY HAVE THE OPPORTUNITY TO BECOME MORE PHYSICALLY FIT, LEARN A NEW SPORT FOR PERSONAL ENJOYMENT, OR BE A PART OF COMPETITIVE TEAM SPORTS. FOR OVER 20 YEARS THE REHABILITATION HOSPITAL OF INDIANA SPORTS PROGRAM (RHISP) HAS BEEN A NATIONAL LEADER BY PROVIDING COMPETITIVE AND NON-COMPETITIVE RECREATION OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES TO ENHANCE QUALITY OF LIFE, PROMOTE PHYSICAL FITNESS, INTRODUCE RECREATIONAL AND WHEELCHAIR SPORTS, AND CHALLENGE PARTICIPANTS TO PERFORM AT A COMPETITIVE LEVEL. THE RHISP IS COMMITTED TO PROVIDING MORE THAN JUST THE PROVISION OF RECREATION SERVICES. WE BELIEVE THAT SPORTS, RECREATION, AND LEISURE PLAY IMPORTANT ROLES IN THE INTRINSIC MOTIVATION OF PEOPLE WITH DISABILITIES TO RE-ENTER THE WORKFORCE, DEVELOP STRONG SOCIAL SKILLS, AND IMPROVE LEVELS OF PHYSICAL FITNESS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $537,580
Program Service Revenue $443,983
Investment Income $6,961
Other Revenue $-15,588
TOTAL REVENUE $972,936

Expense Breakdown

Grants Paid $7,062
Salaries & Benefits $240,973
Fundraising Expenses $66,704
Program Expenses $554,347
Other Expenses $438,466
TOTAL EXPENSES $686,501

Year-over-Year Comparison

2023 2022 Change
Revenue $972,936 $446,488 +1.2%
Expenses $686,501 $535,570 +0.3%
Net Income $286,435 $-89,082 -4.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
1
Volunteers
175

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$224,506
Total Directors
14
$450,974
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A BOARD CHAIR 1.0
Officer Director
$0 $0 $0
N/A Vice Chair 1.0
Officer Director
$0 $0 $0
N/A Treasurer 1.0
Officer Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A board member (from 1/18/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $46,851 $450,974
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A board member (from 11/15/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (until 4/1/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (until 7/1/2023) 1.0
Director
$0 $0 $0
N/A BOARD MEMBER (until 4/1/2023) 1.0
Director
$0 $0 $0
N/A EXECUTIVE DIRECTOR 40.0
Officer
$198,096 $26,410 $224,506
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $972,936 $686,501 $964,160 $286,435
2022 $446,488 $535,570 $662,126 $-89,082
2021 $771,227 $590,747 $1,113,598 $180,480
2020 $510,906 $464,408 $730,709 $46,498
2019 $381,883 $322,681 $421,957 $59,202
2018 $242,081 $391,852 $226,079 $-149,771
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