FREE FOUNDATION FOR REHABILITATION EQUIPMENT & ENDOWMENT

EIN: 541934695 501(c)(3) Human Services

Roanoke, VA

Total Revenue
$1,735,046
Total Expenses
$1,757,710
Total Assets
$671,343
Net Assets
$601,176
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
VA
Principal Officer
TRACY MEADOR
Phone
5407774929
Tax Period
2025-01-01 to 2025-12-31

FREE FOUNDATION FOR REHABILITATION EQUIPMENT & ENDOWMENT, founded in 1998, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2025.

Mission

TO PROVIDE HOME MEDICAL EQUIPMENT AND OTHER REHABILITATIVE EQUIPMENT TO INDIVIDUALS WHEN NOT AVAILABLE BY OTHER PUBLIC OR PRIVATE SOURCES.

Program Service Accomplishments

Program 1
Expenses: $1,678,931

FIRST ACCOMPLISHMENT. FOUNDATION FOR REHABILITATION EQUIPMENT AND ENDOWMENT FREE, TAKES IN DONATED MOBILITY RELATED REHAB EQUIPMENT, SANITIZES AND REFURBISHES IT AND GIVES IT TO THOSE IN THE...

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FIRST ACCOMPLISHMENT. FOUNDATION FOR REHABILITATION EQUIPMENT AND ENDOWMENT FREE, TAKES IN DONATED MOBILITY RELATED REHAB EQUIPMENT, SANITIZES AND REFURBISHES IT AND GIVES IT TO THOSE IN THE COMMUNITY WHO NEED IT BUT CAN NOT AFFORD IT. THIS EQUIPMENT HELPS RECIPIENTS TO MAXIMIZE THEIR FUNCTIONAL INDEPENDENCE AND IMPROVE THEIR QUALITY OF LIFE. FREE QUALIFIES THESE INDIVIDUALS BASED ON MEDICAL AND FINANCIAL NEED SO AS TO NOT DUPLICATE SERVICES. ACCORDING TO LOCAL HEALTHCARE PROVIDERS, THERE ARE ON AVERAGE 1 IN 3 ADULTS RETURNING HOME FROM STROKE, SPINAL CORD INJURY, BRAIN INJURY AND OTHER SERIOUS ILLNESSES OR ACCIDENTS WTHOUT EQUIPMENT NEEDED TO RECOVER. THIS SIGNIFICANTLY LIMITS THEIR ABILITY TO BE MOBILE, PRODUCTIVE AND INDEPENDENT IN THEIR COMMUNITIES. THIS IMPACTS NOT ONLY THE UNDERSERVED INDIVIDUALS, BUT ALSO THEIR FAMILIES AND THE COMMUNITY THEY LIVE AND WORK IN. PEOPLE WHO GO WITHOUT NEEDED MOBILTY REHABILITATION EQUIPMENT FALL MORE OFTEN. WHEN THEY FALL, THEY WIND UP IN EMERGENCY ROOMS, HOSPITALS, NURSING HOMES AND ASSISTED LIVING FACILITIES. THEY LOSE THEIR MOBILITY AND THEIR INDEPENDENCE. IF THEY ARE UNINSURED OR UNDERINSURED, THE COMMUNITIES THAT THEY LIVE IN, THE HEALTHCARE SYSTEMS THAT SERVE THEM AND THE LOCAL AND STATE GOVERNMENTS THAT PROVIDE SERVICES TO THEM ALL BEAR THE COST OF THEIR LOSS. WHEN FREE GIFTS EQUIPMENT, FALLS DROP BY OVER 90. THIS RESULTS IN EQUALLY DRAMATIC DROPS 90 IN ER VISITS, HOSPITAL STAYS AND TRANSFERS TO EXPENSIVE NURSING HOMES AND ASSISTED LIVING FACILITIES. THOSE IN NEED REGAIN THEIR MOBILITY AND INDEPENDENCE AND VIRGINIANS SAVE MILLLIONS OF DOLLARS ANNUALLY. DUE TO THE CONTINUATION OF COVID-19 AND ALUMINUM SHORTAGE EARLY IN 2022, HEALTH SYSTEMS AND HEALTH CARE WORKERS DEPENDED HEAVILY ON FREE TO SUPPORT THEIR LOW-INCOME, UNDERINSURED CLIENTS IN NEED OF MEDICAL EQUIPMENT ASSISTING THEM IN ACQUIRING EQUIPMENT NEEDED TO EXIT THE HOSPITAL AND RETURN SAFELY HOME MORE QUICKLY DECREASING COVID-19 EXPOSURE/SPREAD. BASED ON CLIENT OUTCOMES, INCLUDING GREATER FUNCTIONAL INDEPENDENCE, DECREASED FALLS, DECREASED ER VISITS, DECREASED HOSPITAL RE-ADMISSIONS, AND AVOIDED PREMATURE NURSING HOME PLACEMENTS, FREE PROJECTS FOR EVERY 1 INVESTED IN FREE, WE GIVE BACK 69 IN VALUE OF DURABLE MEDICAL EQUIPMENT AND HEALTH CARE COST SAVINGS TO THE COMMUNITY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,721,203
Program Service Revenue $0
Investment Income $13,826
Other Revenue $17
TOTAL REVENUE $1,735,046

Expense Breakdown

Grants Paid $0
Salaries & Benefits $466,787
Fundraising Expenses $48,785
Program Expenses $1,678,931
Other Expenses $1,290,923
TOTAL EXPENSES $1,757,710

Year-over-Year Comparison

2025 2024 Change
Revenue $1,735,046 $1,641,021 +0.1%
Expenses $1,757,710 $1,626,189 +0.1%
Net Income $-22,664 $14,832 -2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
19
Volunteers
N/A

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
5
$108,861
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBIN RAMSEY EXECUTIVE DIRECTOR 040.00
Officer
$102,169 $6,692 $108,861
BRYAN GREGORY PRESIDENT ELECT 005.00
Officer Director
$0 $0 $0
LEAH SAVELYEV PRESIDENT 005.00
Officer Director
$0 $0 $0
CATHERINE KILBANE BOARD MEMBER 005.00
Director
$0 $0 $0
MIKE MCGUIRE TREASURER 005.00
Officer Director
$0 $0 $0
SARA RUHLMAN BOARD MEMBER 005.00
Director
$0 $0 $0
SHEILA PETERS SECRETARY 005.00
Officer Director
$0 $0 $0
DEBBIE RUFFIN BOARD MEMBER 005.00
Director
$0 $0 $0
NATASHA CLAYTOR BOARD MEMBER 005.00
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
2025 $1,735,046 $1,757,710 $671,343 $-22,664
2024 No data No data No data No data
2023 $1,482,851 $1,429,900 $758,887 $52,951
2022 $1,289,934 $1,238,245 $724,965 $51,689
2021 $1,164,663 $1,153,988 $626,801 $10,675
2020 $1,128,165 $1,195,126 $602,225 $-66,961
2019 $1,360,244 $1,359,536 $626,981 $708
2018 $1,168,613 $1,155,846 $606,685 $12,767
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