THE CINCINNATI REDS COMMUNITY FUND Charity Report

Public IRS 990 nonprofit record

THE CINCINNATI REDS COMMUNITY FUND

EIN 31-1790195 · Community & Neighborhood Development (S20)

What they do

THE REDS COMMUNITY FUND is DEDICATED to IMPROVING THE LIVES of YOUTHS BY LEVERAGING THE TRADITION of THE CINCINNATI REDS and THE GAME of BASEBALL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.19%of revenue went to mission work79.1% of expenses · Program services

15.14%of revenue went to fundraising14.2% of expenses

$106.41spent for every $100 of revenueSpending was higher than revenue this year.

7.08%of revenue went to management and office costs6.7% of expenses

$1.77in assets for every $1 spent this yearSome assets cannot be spent right away.

75.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $239,751 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $213,171 for CHARLES FRANK (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,741,091

Mission workProgram services$3,149,58984.19% of revenue79.1% of expenses

ManagementOffice and general costs$264,8797.08% of revenue6.7% of expenses

FundraisingAsking for donations$566,37415.14% of revenue14.2% of expenses

Total expenses$3,980,842106.41% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 79.1% mission · 6.7% management · 14.2% fundraisingTotal expenses: 106.41% of revenue

2023Expense mix: 80.1% mission · 6.9% management · 13.0% fundraisingTotal expenses: 108.96% of revenue

2022Expense mix: 82.5% mission · 2.8% management · 14.7% fundraisingTotal expenses: 124.06% of revenue

2021Expense mix: 81.7% mission · 3.0% management · 15.3% fundraisingTotal expenses: 85.69% of revenue

2020Expense mix: 82.0% mission · 3.5% management · 14.5% fundraisingTotal expenses: 77.84% of revenue

2018Expense mix: 85.9% mission · 3.0% management · 11.0% fundraisingTotal expenses: 138.06% of revenue

2017Expense mix: 85.3% mission · 3.9% management · 10.7% fundraisingTotal expenses: 89.76% of revenue

2016Expense mix: 84.9% mission · 3.9% management · 11.2% fundraisingTotal expenses: 100.49% of revenue

Money in and money out

Revenue$3,741,091

Expenses$3,980,842

Annual shortfall $239,751 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,149,589 · 79.1% of expenses

Management and office costs$264,879 · 6.7% of expenses

Fundraising$566,374 · 14.2% of expenses

See all reported dollar amounts

Revenue$3,741,091

Expenses$3,980,842

Assets$7,042,667

Income$5,284,189

Contributions$2,810,216

Mission work (program services)$3,149,589

Fundraising$566,374

Grants given$1,833,160

Average grant$34,588

Management and general$264,879

Executive compensation (total)$154,744

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHARLES FRANKEXECUTIVE DIRECTOR · 40 hrs/week $213,171Base $190,262 · Other $22,909

MATTHEW WRASSMANSR. DIR. OF FINANCE & ADMIN · 40 hrs/week $142,341Base $119,698 · Other $22,643

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

CHARLES FRANKEXECUTIVE DIRECTOR

MATTHEW WRASSMANSR. DIR. OF FINANCE & ADMIN

KAREN FORGUSBOARD MEMBER

VICTOR LIVISAYBOARD MEMBER

TIM OCONNELLBOARD MEMBER

TIM BUTLERVICE PRESIDENT

RANDY FREKINGTREASURER

PHILLIP J CASTELLINIBOARD MEMBER

OWEN WRASSMANPRESIDENT

MORRIS LENCZICKIBOARD MEMBER

MARK CLIPPINGERBOARD MEMBER

KITTY ROSENTHALBOARD MEMBER

KIM VINCENTBOARD MEMBER

BARB SMITHSECRETARY

JACOB WIDERSCHEINBOARD MEMBER

HANK MENNINGERBOARD MEMBER

DOUGLAS HEALYBOARD MEMBER

DOUG ADAMSBOARD MEMBER

DAVE COLLINSBOARD MEMBER

CHARLES KELLYBOARD MEMBER

CAROL AQUINOBOARD MEMBER

BRIAN BLINNBOARD MEMBER

BILL DAGGYBOARD MEMBER

About this charity

Recognized since: January 2002
Location: 100 JOE NUXHALL WAY, CINCINNATI, OH 45202
County: Hamilton
In care of: CHARLEY FRANK
Primary officer: CHARLEY FRANK, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(513) 765-7015

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLARK SCHAEFER HACKETT & CO
NTEE classification: Community & Neighborhood Development (S20)
IRS tax category: Community & Neighborhood Development
Grant-giving organization: Yes