THE REED COMMUNITY FOUNDATION Charity Report

Tax-exempt status may be revoked

THE REED COMMUNITY FOUNDATION

EIN 47-1725842 · Youth Development Programs (O50)

What they do

THE MISSION of THE RCF is to PROVIDE AN ENVIRONMENT IN WHICH CHILDREN and YOUTH DEVELOP LIFE SKILLS, A STRONG WORK ETHIC, SELF-DISCIPLINE, AN ENLARGED SPIRITUAL LIFE, and RESPECT for OTHERS.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

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 checkThere may be a problem with its nonprofit status. Check before giving.

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 leaders7 people are listed in the latest report.

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

Money made simple

$94.10of every $100 spent was reported for mission workThe IRS calls this “program services.”

$4.00of every $100 spent was reported for fundraisingMoney spent asking for more donations.

$175.35spent for every $100 of revenueSpending was higher than revenue this year.

$1.90of every $100 spent was reported for management and office costsThis number alone does not tell us how much good they did.

$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

99.9%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 $138,345 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $55,934 for KEITH REED (EXECUTIVE DI). 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.

$100spent

Where each $100 went

These are the charity’s reported Form 990 spending categories.

Mission workProgram services$94.10

ManagementOffice and general costs$1.90

FundraisingAsking for donations$4.00

Has the pattern changed?

Each bar shows the share of annual spending reported for mission work, management, and fundraising.

202494.1% mission

202395.6% mission

2022100.0% mission

2021100.0% mission

2020100.0% mission

201999.1% mission

Money in and money out

Revenue$183,596

Expenses$321,941

Annual shortfall $138,345 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)$302,949 · 94.1% of expenses

Management and office costs$6,000 · 1.9% of expenses

Fundraising$12,992 · 4.0% of expenses

See all reported dollar amounts

Revenue$183,596

Expenses$321,941

Assets$18,936

Income$183,596

Contributions$183,486

Mission work (program services)$302,949

Fundraising$12,992

Management and general$6,000

Accounting fees$6,000

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

KEITH REEDEXECUTIVE DI · 40 hrs/week $55,934

KEITH REED JRBOARD MEMBER · 40 hrs/week $37,441

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 (7)

KEITH REEDEXECUTIVE DI

KEITH REED JRBOARD MEMBER

DARIN ALREDBOARD PRESID

GUS ESPINOSABOARD MEMBER

KEVIN KINGBOARD TREASU

KIKI VELASQUEZBOARD MEMBER

TOM DOERNERBOARD MEMBER

About this charity

Recognized since: January 2014
Location: 1731 NORTH LEWIS AVENUE, TULSA, OK 74104
County: Tulsa
In care of: DARIN ALRED
Primary officer: DARIN ALRED, BOARD PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(918) 951-9441

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: MURET CPA PLLC
NTEE classification: Youth Development Programs (O50)
IRS tax category: Youth Development Programs
Revocation date: May 15, 2014