Richfield Living
Richfield Living reported $85.9 million in revenue and $82.1 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $85.03 went to program services, $14.97 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 97.8% of the total. The highest compensation it reported for one person was $305,151 (CFO). 3 people received more than $100,000 in reportable compensation. Revenue rose 151% between FY2020 and FY2024. Source: Form 990, FY2024.
Where $100 of spending went
The fiscal year ending September 30, 2024 · Form 990, Part IX, line 25 · total expenses $82MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2024 · Form 990, Part VIII · total revenue $86MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $305,151 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.37% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 3 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -2.1 | 6.6 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 88.9% |
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
FY2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CFO Officer, 40.0 hrs/week | $285,968 | $0 | $19,183 | $305,151 |
| Executive/Corp Secretary Officer, 40.0 hrs/week | $160,200 | $0 | $31,312 | $191,512 |
| Director of Proj Mngt Highest compensated employee, 40.0 hrs/week | $106,412 | $0 | $28,096 | $134,508 |
| CEO Officer, 40.0 hrs/week | $32,550 | $0 | $0 | $32,550 |
3 people received more than $100,000 in reportable compensation from Richfield Living (Part VII, line 2). Compensation of current officers, directors and key employees totaled $529K (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 · 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–1b4 · 4 independent
- Audited financial statements Part XII 2bNo
- 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 11aNo
- 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 4No
- 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 5635
- Volunteers Part I, line 650
Correct a figure or respond
Every number above is copied from Richfield Living's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Richfield Living, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Richfield Living spent in FY2024, $85.03 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Richfield Living's spending goes to programs?
In the fiscal year ending September 30, 2024, Richfield Living reported that 85.0% of its $82.1 million in expenses went to program services, 15.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Richfield Living pay its top executive?
The largest total compensation Richfield Living reported for one person in the fiscal year ending September 30, 2024 was $305,151, for the role of CFO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Richfield Living get its money?
Of $85.9 million in revenue in the fiscal year ending September 30, 2024, 0.0% came from contributions and grants and 2.2% from program service revenue (Form 990, Part VIII).
Is Richfield Living a registered charity?
The IRS lists EIN 54-0534606 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202532249349301018 · read the filing · XML
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432259349300128 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322279349300232 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212279349300336 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132289349303753 · read the filing
All filings for EIN 54-0534606: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.