Human Services : Social Services

REDF

Investing in employment and hope

four stars

95.44

Two Embareadero Center Suite 650
San Francisco, CA 94111
tel: (415) 561-6677   Web Site
EIN: 54-2132153

Board Leadership
George R. Roberts
Chair

CEO
Carla Javits
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 95.44 four stars
  Financial 94.95 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

REDF (also known as The Roberts Enterprise Development Fund) is a San Francisco-based venture philanthropy organization that creates jobs and employment opportunities for people facing the greatest barriers to work. Founded in 1997 REDF provides equity-like grants and business assistance to a portfolio of nonprofits in California to start and expand social enterprises—nonprofit-operated businesses selling goods and services demanded by the marketplace while intentionally employing young people and adults who would otherwise face bleak prospects of ever getting a job.

REDF (also known as The Roberts Enterprise Development Fund) is a San Francisco-based venture philanthropy organization that creates jobs and employment opportunities for people facing the greatest barriers to work. Founded in 1997 REDF provides equity-like grants and business assistance to a portfolio of nonprofits in California to start and expand social enterprises—nonprofit-operated businesses selling goods and services demanded by the marketplace while intentionally employing young people and adults who would otherwise face bleak prospects of ever getting a job.

Impact Information

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Reported Results
Total in 2018
Additional revenue and wages generated attributable to the organization's efforts
246,841,000
Number of participants who gain employment
9,029
Number of employer partners offering jobs to clients
106
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

94.95

Accountability & Transparency

four stars

96.00

This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.1%
  Administrative Expenses 17.9%
  Fundraising Expenses 5.9%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 2.19
  Program Expenses Growth 20.0%
  Liabilities to Assets 2.3%
All data for Financial Performance Metrics calculations was provided by REDF on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by REDF on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,235,578
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $776,564
Total Contributions $10,012,142
   Program Service Revenue $21,527
Total Primary Revenue $10,033,669
   Other Revenue $34,867
TOTAL REVENUE $10,068,536
   
EXPENSES  
   Program Expenses $9,860,902
   Administrative Expenses $2,487,906
   Fundraising Expenses $893,770
TOTAL FUNCTIONAL EXPENSES $13,242,578
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-3,174,042
   
Net Assets $28,511,317

Charts

Compensation % of Expenses Paid to Title
$251,878 1.90% Carla I. Javits President & CEO

Mission

REDF (also known as The Roberts Enterprise Development Fund) is a San Francisco-based venture philanthropy organization that creates jobs and employment opportunities for people facing the greatest barriers to work. Founded in 1997 REDF provides equity-like grants and business assistance to a portfolio of nonprofits in California to start and expand social enterprises—nonprofit-operated businesses selling goods and services demanded by the marketplace while intentionally employing young people and adults who would otherwise face bleak prospects of ever getting a job.

Highly Rated

Charity Name & State Overall Score Overall Rating
REDF (CA) 95.44 four stars
Twin Cities R!SE (MN) 86.03 three stars
Prison Entrepreneurship Program (TX) 93.82 four stars
Jobs for the Future (MA) 91.35 four stars
NPower Inc. (NY) 95.50 four stars

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Charity Contact Info

REDF
Two Embareadero Center
Suite 650
San Francisco, CA 94111
tel: (415) 561-6677
fax: (415) 561-6685
EIN: 54-2132153

Visit Web Site

Board Leadership

George R. Roberts
Chair

CEO

Carla Javits
President, CEO