Redf is a 501(c)(3) organization based in San Francisco, California, registered in 2004, with $21,723,604 in FY2024 revenue. CharityIndex grades it C+, and it directs about 80% of spending to programs.
Revenue (FY2024)
$21.7M
▼ 22.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$28.5M
Net assets
$35.9M
Employees
99
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Redf: 80% to programs · $7 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Redf: 15 mo reserves · -31% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Redf: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Redf: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Redf is a non-profit organization that supports employment social enterprises (eses): businesses that seek not only financial results, but also to create jobs, stability, and economic mobility for people overcoming the toughest barriers to employment.redf's support for eses is largely in three forms: (i) capital (including grants, loans, and access to public contracts); (ii) capacity building (targeted technical assistance in key capabilities such as business modeling, program design, operations, talent, and fundraising); and (iii) community peer-to-peer learning and engagement.by advancing businesses that hire those who face significant hurdles for employment, redf utilizes an evidence-based solution that helps individuals overcome tough barriers and return to work, increasing housing stability and reducing utilization of government benefits as they build economic power.
Partnerships: government partnerships and policy fosters public-private sector partnerships and policy at the federal and state levels that promote public investment in eses and increase economic mobility for their employees.
Community: in response to the ever-growing field of eses and the catalytic learning that can take place when they have a platform in which to connect, redf offers community, a dedicated space and curated resources to help our social enterprise partners and their staff connect, grow, and lead. community services include affinity groups to build deeper connections between entrepreneurs, in-person and online gatherings to inform future strategy and learn with each other, network-wide professional development, and individualized coaching for entrepreneurs.
Other program services include accelerator, impact lending, learning & evidence, advocacy, strategic implementation, the farber internship, and outreach.
Revenue grew from $15.7M (FY2013) to $21.7M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-31.2%
Spent more than it raised in the latest fiscal year.
Total assets
$40.2M
Total liabilities
$4.3M
Net assets
$35.9M
Salaries & benefits
$13.8M
49% of expenses
Board members
17
16 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $21,723,604▼22.5% | $28,497,363▲16.2% | $35,905,675▼15.4% | $40,181,020▼13.9% | 990 |
| 2023 | $28,015,674▲57.4% | $24,534,021▲28.6% | $42,456,976▲9.0% | $46,675,536▲8.6% | 990 |
| 2022 | $17,800,426▲53.9% | $19,077,367▲36.2% | $38,951,509▼3.2% | $42,983,739▲3.5% | 990 |
| 2021 | $11,565,051▼85.8% | $14,009,216▼77.5% | $40,228,451▼5.7% | $41,522,686▼7.5% | 990 |
| 2020 | $81,494,048▲602% | $62,293,612▲289% | $42,675,015▲81.8% | $44,875,220▲85.9% | 990 |
| 2019 | $11,604,138▲15.3% | $15,998,993▲20.8% | $23,479,101▼17.6% | $24,134,231▼17.3% | 990 |
| 2018 | $10,068,536▼30.4% | $13,242,578▼0.3% | $28,511,317▼10.0% | $29,183,580▼10.1% | 990 |
| 2017 | $14,461,071▼5.1% | $13,282,944▲7.2% | $31,685,359▲3.9% | $32,445,943▲3.9% | 990 |
| 2016 | $15,243,801▼35.7% | $12,396,447▲53.5% | $30,507,232▲10.3% | $31,222,765▲10.7% | 990 |
| 2015 | $23,692,399▲360% | $8,075,461▲3.0% | $27,659,878▲130% | $28,197,841▲124% | 990 |
| 2014 | $5,151,229▼67.2% | $7,837,094▼3.4% | $12,043,886▼18.7% | $12,588,633▼18.3% | 990 |
| 2013 | $15,706,464 | $8,112,808 | $14,820,243 | $15,415,309 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Maria Kim — $351,125 (1.23% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Maria Kim | President & Ceo | 40 | $351,125 |
| David Samuels | Chief Financial & Admin Officer | 40 | $272,752 |
| Carrie Mckellogg | Chief Program Officer | 16 | $264,857 |
| Jo'vion Greer | Vp, Development & Marketing & Comms | 40 | $251,725 |
| Peter Lippman | Sr. Director, Finance & Accounting | 16 | $224,654 |
| Emilie Linick | Senior Director, Impact Lending | 40 | $212,814 |
| Karen Chern Zangle | Senior Director, Programs | 40 | $194,165 |
| Brian Williams | Director, Human Resources | 40 | $192,871 |
| Gregory Ericksen | Director, Govt Partnerships & Policy | 40 | $192,694 |
| Carla Javits | Board Member / Senior Advisor | 16 | $102,716 |
| Adam Smith | Board Member | 1 | — |
| Bonnie Boswell | Board Member | 1 | — |
| Chet P Hewitt | Board Member | 1 | — |
| Chief Mack Jenkins Ret | Board Member | 1 | — |
| Chris Odonnell | Board Member | 1 | — |
| Courtney Welton | Board Member | 1 | — |
| Dan Rose | Board Secretary | 1 | — |
| Elena Quintana | Board Member | 1 | — |
| Elizabeth Ya Ferguson | Board Member | 1 | — |
| George R Roberts | Board Chair | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Third Sector Capital Partners | Technical Assistance | $319,854 |
| Xantrion | It Services | $283,567 |
| Seattle Jobs Initiative | Technical Assistance | $212,080 |
| Nearby Consulting LLC | Technical Assistance | $159,990 |
| Trailhead Strategies | Technical Assistance | $155,474 |
97 grants to Redf totaling $47.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $3,583,000 |
| Ayco Charitable Foundation | Community & human services | 2024 | $1,000,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $99,750 |
| Silicon Valley Community Foundation | Workforce development | 2024 | $27,000 |
| Greater Horizons | Human services | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $7,728 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $10,287,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2023 | $3,533,750 |
| Blue Meridian Partners Inc | To support strategic planning | 2023 | $3,000,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $735,500 |
| National Philanthropic Tr | Environment, animals | 2023 | $702,500 |
| Kaiser Foundation Hospitals | Upskilling and higher wage pathways project | 2023 | $150,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $101,000 |
| San Francisco Foundation | For general support. | 2023 | $100,000 |
| Charities Aid Foundation America | Charitable donation | 2023 | $99,750 |
69 grants totaling $5.5M in FY2024 — showing the 15 largest. All grants made by Redf →
| Recipient | Purpose | Amount |
|---|---|---|
| Just Q'in Bbq | Portfolio grants | $228,000 |
| Weld Seattle | Portfolio grants | $200,000 |
| Downtown Streets Inc | Strategic grants | $180,000 |
| Touch A Heart Inc | Portfolio grants | $175,000 |
| Community Kitchen Pittsburgh | Portfolio grants | $175,000 |
| Innercity Weightlifting Inc | Portfolio grants | $175,000 |
| Farming Hope | Portfolio grants | $170,000 |
| Seeds of Change LLC | Portfolio grants | $166,000 |
| Coalfield Development Corporation | Portfolio grants | $164,000 |
| Missoula Interfaith Collaborative | Portfolio grants | $160,000 |
| Freedom A La Cart | Portfolio grants | $150,000 |
| Global Neighborhood | Portfolio grants | $146,000 |
| Peralta Service Corp | Portfolio grants | $145,000 |
| Urban Alchemy | Portfolio grants | $140,000 |
| Urban Association of Forestry and Fire Professionals Inc | Portfolio grants | $140,000 |
Explore more
Data for Redf (EIN 54-2132153) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.