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Reinvestment Partners

Durham, NC · EIN 31-1587628 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Reinvestment Partners reported $18.7 million in revenue and $14.4 million in expenses for calendar year 2024. Of every $100 it spent, $97.56 went to program services, $2.05 to management and general costs and $0.39 to fundraising. Its largest source of revenue was contributions and grants: 55.3% of the total. Government grants made up 49.6%. The highest compensation it reported for one person was $191,000 (Executive Director). 2 people received more than $100,000 in reportable compensation. Revenue rose 982% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $19M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
97.6%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
2.0%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.4%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
55.3%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
49.6%14.9%
Program service revenue share
Part VIII 2g ÷ 12
43.8%11.9%
Highest reported compensation
Part VII-A, columns D–F
$191,000$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.33%1.49%
People paid over $100,000
Part VII, line 2
25
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.19.2
Independent voting board members
Part VI 1a–1b
14 of 14100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$11M expenses · 78.9% of program spending · revenue $7.6M

RPRx Foods - Enrolled over 40,000 residents in our healthy food prescription program

$1.7M expenses · 12.2% of program spending · revenue $558K

Development - Invested in NC neighborhoods via community development projects expanding our 62 rental units to 134, and a historic Community building

$635K expenses · 4.5% of program spending · revenue $44,801

Housing Counseling services, Foreclosure Prevention Counseling, and Healthy Homes Services for over 500 households

$611K all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Executive Director
Officer, 40.00 hrs/week
$175,419$0$15,581$191,000
Chief Financial Officer
Officer, 40.00 hrs/week
$123,914$0$0$123,914

2 people received more than $100,000 in reportable compensation from Reinvestment Partners (Part VII, line 2). Compensation of current officers, directors and key employees totaled $299K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$19M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$19M$14M97.6%$18M$191,000
2023 ⓘ$21M$18M97.6%$14M$165,271
2022 ⓘ$11M$8.6M92.0%$10M$158,192
2021 ⓘ$8.4M$5.6M93.5%$8.3M$130,031
2020 ⓘ$7.0M$5.7M95.4%$5.1M$122,914
2019 ⓘ$1.7M$1.8M86.1%$3.7M$117,298

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 529

Private foundation grants it received

2 private foundations reported grants to Reinvestment Partners totaling $250K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Reinvestment Partners's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Reinvestment Partners, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in North Carolina

Questions people ask

How much of Reinvestment Partners's spending goes to programs?

In calendar year 2024, Reinvestment Partners reported that 97.6% of its $14.4 million in expenses went to program services, 2.0% to management and general and 0.4% to fundraising (Form 990, Part IX).

How much does Reinvestment Partners pay its top executive?

The largest total compensation Reinvestment Partners reported for one person in calendar year 2024 was $191,000, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Reinvestment Partners get its money?

Of $18.7 million in revenue in calendar year 2024, 55.3% came from contributions and grants (including 49.6% from government grants) and 43.8% from program service revenue (Form 990, Part VIII).

Is Reinvestment Partners a registered charity?

The IRS lists EIN 31-1587628 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512889349303136 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423269349300307 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323199349306967 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203149349303745 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133139349302958 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003219349303260 · read the filing

All filings for EIN 31-1587628: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.