REB FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

SUSANNE CRUMP

Phone

8043307400

Tax Period

2024-01-01 to 2024-12-31

REB FOUNDATION, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.2M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $3.2M exceeded revenue, resulting in a 45% operating deficit.

Mission

SUPPORTS AWARDS FOR TEACHING EXCELLENCE AND DISTINGUISHED EDUCATIONAL LEADERSHIP AS WELL AS ANNUAL GRANTS TO EDUCATIONAL, CULTURAL, AND SOCIAL SERVICE PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $2,098,648 Revenue: $0

ANNUAL GRANTS MADE TO THE COMMUNITY FOUNDATION, INC. FOR DISBURSEMENT TO EDUCATIONAL, CULTURAL, AND SOCIAL SERVICE PROGRAMS.

Program 2

Expenses: $160,000 Revenue: $0

GRANTS MADE TO THE COMMUNITY FOUNDATION, INC. TO FUND THE R.E.B. AWARDS FOR DISTINGUISHED EDUCATIONAL LEADERSHIP, WHICH RECOGNIZES PRINCIPALS WHO GO BEYOND THE DAY-TO-DAY DEMANDS OF THEIR POSITION TO CREATE AN EXCEPTIONAL EDUCATIONAL ENVIRONMENT. FOUR PRINCIPALS WERE PUBLICLY RECOGNIZED, ONE EACH FROM LOCAL SCHOOL DISTRICTS IN CHESTERFIELD, HANOVER, HENRICO, AND CITY OF RICHMOND IN 2024. EACH PRINCIPAL RECEIVED A $10,000 CASH GRANT FOR PERSONAL USE AND AN ADDITIONAL $20,000 FOR THEIR PROPOSED SCHOOL PROJECT. FOUR RUNNER-UP PRINCIPALS WERE ALSO RECOGNIZED AND RECEIVED $10,000 AWARDS TO SUPPORT THEIR PROPOSED SCHOOL PROJECTS.

Program 3

Expenses: $242,000 Revenue: $0

GRANTS MADE TO THE COMMUNITY FOUNDATION, INC. TO FUND THE R.E.B. AWARDS FOR TEACHING EXCELLENCE, WHICH RECOGNIZES PUBLIC SCHOOL TEACHERS WHO DISTINGUISH THEMSELVES BY THEIR INSPIRING CLASSROOM...

GRANTS MADE TO THE COMMUNITY FOUNDATION, INC. TO FUND THE R.E.B. AWARDS FOR TEACHING EXCELLENCE, WHICH RECOGNIZES PUBLIC SCHOOL TEACHERS WHO DISTINGUISH THEMSELVES BY THEIR INSPIRING CLASSROOM PERFORMANCE. THE PROGRAM IS BASED ON THE BELIEF THAT A POSITIVE EDUCATIONAL EXPERIENCE AT THE ELEMENTARY, MIDDLE, AND HIGH SCHOOL LEVELS HELPS CHILDREN FORM POSITIVE LIFELONG HABITS TOWARD LEARNING AND DISCIPLINE. THROUGH A NOMINATION PROCESS, 32 OUTSTANDING TEACHERS WERE SELECTED IN 2024 TO RECEIVE CASH GRANTS TO SUPPORT PROFESSIONAL DEVELOPMENT ACTIVITIES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2,212,402

Other Revenue $2,204

TOTAL REVENUE $2,214,606

Expense Breakdown

Grants Paid $2,866,710

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,876,515

Other Expenses $339,559

TOTAL EXPENSES $3,206,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,214,606	$4,402,735	-0.5%
Expenses	$3,206,269	$3,390,408	-0.1%
Net Income	$-991,663	$1,012,327	-2.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSANNE B CRUMP	CHAIR	1.00	Officer Director	$0	$0	$0
CAROL B SHOWKER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
WILLIAM LS ROWE	SECRETARY	1.00	Officer Director	$0	$0	$0
E BRYSON POWELL	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT L BURRUS JR	DIRECTOR	1.00	Director	$0	$0	$0

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	$2,214,606	$3,206,269	$69,120,177	$-991,663
2023	$4,402,735	$3,390,408	$65,437,212	$1,012,327
2022	$1,925,016	$3,263,018	$65,078,763	$-1,338,002
2021	$7,129,947	$2,863,003	$74,287,615	$4,266,944
2020	$2,112,369	$2,273,530	$65,318,761	$-161,161
2019	$21,134,698	$2,645,740	$57,658,904	$18,488,958
2018	$1,631,180	$1,854,714	$36,297,134	$-223,534