Nonprofits/Organizations/43-1543614
Active
501(c)(3)
E50E
Form 990

The Rehabilitation Institute Foundation

EIN 43-1543614Kansas City, MO 64108Founded 1990WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

PROVIDE LONG TERM FINANCIAL SUPPORT FOR COMPREHENSIVE MEDICAL AND VOCATIONAL SERVICES FOR CHILDREN AND ADULTS WITH DISABILITIES IN THE GREATER KANSAS CITY METROPOLITAN COMMUNITY.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$327K

+137.4%YoY

Total Expenses

$300K

-6.0%YoY

Net Assets

$8.7M

+6.2%YoY

Employees

0

Volunteers

11

Grants Paid

$222K

Program Expense Ratio

74.0%

This nonprofit profile presents IRS Form 990 tax filing data for The Rehabilitation Institute Foundation (EIN: 43-1543614), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue grew +137.4% to $327K
Program spending ratio of 74.0% — below average
348.3 months of operating reserves — strong cushion
Expenses decreased -6.0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
11-member board, 11 independent

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
74.0% of spending goes to programs
No programs generate independent revenue
$222K in grants paid to other organizations
11 volunteers engaged

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

The Rehabilitation Institute Foundation is a 501(c)(3) nonprofit headquartered in Kansas City, MO, founded in 1990. The organization has held tax-exempt status since 1990. In its 2024 filing, the organization reported $327K in total revenue, a 137.4% increase from the prior year, and $300K in total expenses. The organization engaged 11 volunteers. The organization runs 1 program, totaling $222K in program expenses. 4 of 6 recommended governance policies are in place.

The Rehabilitation Institute Foundation is classified under NTEE code E50E. Its foundation type is 17.

Programs(Tax Year 2024)

1 record

Programs Overview

The Rehabilitation Institute Foundation operates 1 program, with total program expenses of $222K. The Rehabilitation Institute Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $222,300

THE PURPOSE OF THE REHABILITATION INSTITUTE FOUNDATION (THE CORPORATION) IS TO PROVIDE LONG TERM FINANCIAL SUPPORT FOR COMPREHENSIVE MEDICAL AND VOCATIONAL REHABILITATION SERVICES HISTORICALLY PROVIDED BY THE REHABILITATION INSTITUTE TO CHILDREN AND ADULTS WITH DISABILITIES IN THE GREATER KANSAS CITY METROPOLITAN COMMUNITY. THIS IS ACCOMPLISHED BY EFFECTIVELY MANAGING FOUNDATION ASSETS AS A PERMANENT ENDOWMENT. TO ACHIEVE THIS PURPOSE, THE CORPORATION NAMES THE GREATER KANSAS CITY COMMUNITY FOUNDATION AS ITS SOLE SUPPORTED ORGANIZATION.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, The Rehabilitation Institute Foundation's revenue has declined from $329K to $327K, a 0.8% decrease. Program expenses represent 74% of total spending.

Revenue increased 137.4% year-over-year, while expenses declined 6.0%. net assets rose to $8.7M, up 6.2% from the prior year.

The Rehabilitation Institute Foundation derives 0% from contributions and grants, with 100% from investment income.

Revenue is heavily concentrated: 100% comes from investment income, indicating limited diversification.

The Rehabilitation Institute Foundation allocates 74% to programs, 26% to management and general.

Revenue grew by 137.4% while expenses declined by only 6.0%, suggesting improving operational efficiency.

The Rehabilitation Institute Foundation distributed $222K in grants to other organizations and individuals, representing 74% of total expenses.

Over 6 filings from 2019–2024, The Rehabilitation Institute Foundation declined revenue from $329K to $327K (-0.8%) while maintaining a program expense ratio of 74%.

The Rehabilitation Institute Foundation holds $8.7M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 348.3 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$327K$1K$0$0$326K
2023$138K$2K$0$0$136K
2022$437K$0$0$0$437K
2021$765K$0$0$0$765K
2020$252K$213$0$0$251K
2019$329K$0$0$0$329K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$300K$222K$78K$0$222K
2023$320K$246K$43K$0$246K
2022$273K$198K$75K$0$198K
2021$228K$154K$74K$0$154K
2020$208K$137K$71K$0$137K
2019$323K$242K$82K$0$242K

Program Expense Ratio

74.0%

Admin Expense Ratio

26.0%

Fundraising Efficiency

Operating Reserve

348.3 mo

People & Compensation(Tax Year 2024)

11 records

Compensation Summary

The Rehabilitation Institute Foundation reported compensation for 11 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
EDWARD REITZESDIRECTOR/VP-INVESTMENTS
OfficerDirector
1.00$0$0$0
HOWARD JONESDIRECTOR/PRESIDENT
OfficerDirector
1.00$0$0$0
ATUL PATEL MDDIRECTOR
Director
1.00$0$0$0
CHARLES CONNELYDIRECTOR
Director
1.00$0$0$0
HENRY DOUGHERTYDIRECTOR
Director
1.00$0$0$0
KATHY SMITHDIRECTOR
Director
1.00$0$0$0
SARA BAKERDIRECTOR
Director
1.00$0$0$0
SHELLY MCVAYDIRECTOR
Director
1.00$0$0$0
BETH HALLDIRECTOR/VICE PRESIDENT
OfficerDirector
1.00$0$0$0
MICHAEL BIAGIOLIDIRECTOR/TREASURER
OfficerDirector
1.00$0$0$0
TERI SALACHDIRECTOR/SECRETARY
OfficerDirector
1.00$0$0$0

Governance & Compliance(Tax Year 2024)

Governance Snapshot

The Rehabilitation Institute Foundation has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 11 members, 11 of whom are independent.

The Rehabilitation Institute Foundation's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members11
Independent members11

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2024)

1 record

Grantmaking Summary

The Rehabilitation Institute Foundation awarded $222K across 1 grant to organizations. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION (Kansas City, MO) — $222K for community support.

Organization Grants

RecipientLocationAmountPurpose
THE GREATER KANSAS CITY COMMUNITY FOUNDATION431152398Kansas City, MO$222KCOMMUNITY SUPPORT

Supplemental Financial Data(Tax Year 2024)

Schedule D Highlights

The endowment stands at $7.9M, with $1K in new contributions.

Filing History(Tax Years 1990–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$327K$300K$8.7M
2023
990
2023-01-01 – 2023-12-31$138K$320K$8.2M
2022
990
2022-01-01 – 2022-12-31$437K$273K$7.7M
2021
990
2021-01-01 – 2021-12-31$765K$228K$9.2M
2020
990
2020-01-01 – 2020-12-31$252K$208K$8.6M
2019
990
2019-01-01 – 2019-12-31$329K$323K$8.0M
1990–2018No filings acquired yet

Frequently Asked Questions

What does The Rehabilitation Institute Foundation do?

PROVIDE LONG TERM FINANCIAL SUPPORT FOR COMPREHENSIVE MEDICAL AND VOCATIONAL SERVICES FOR CHILDREN AND ADULTS WITH DISABILITIES IN THE GREATER KANSAS CITY METROPOLITAN COMMUNITY.

How much revenue does The Rehabilitation Institute Foundation have?

The Rehabilitation Institute Foundation reported $326,644 in total revenue for tax year 2024, up 137.4% from the prior year.

Who is the highest-paid executive at The Rehabilitation Institute Foundation?

EDWARD REITZES, DIRECTOR/VP-INVESTMENTS, received $0 in total compensation as of tax year 2024.

Is The Rehabilitation Institute Foundation a 501(c)(3)?

Yes, The Rehabilitation Institute Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is The Rehabilitation Institute Foundation located?

The Rehabilitation Institute Foundation is headquartered in Kansas City, MO 64108.

Is The Rehabilitation Institute Foundation audited?

Yes, The Rehabilitation Institute Foundation's financial statements are audited, and the organization has an audit committee.

Does The Rehabilitation Institute Foundation give grants?

Yes, The Rehabilitation Institute Foundation distributed $222,300 in grants to other organizations and individuals in tax year 2024. Top recipients include THE GREATER KANSAS CITY COMMUNITY FOUNDATION.

Data Source

Prepared by: Forvis Mazars LLP, Kansas City, MO

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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