Nonprofit · EIN 31-1790195
CINCINNATI REDS COMMUNITY FUND
Tax-exempt · CINCINNATI, OH 45202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,741,091 | $3,980,842 | -$239,751 | $7,042,667 | $335,562 | $6,707,105 |
| December 31, 2023 | 990 | $2,934,353 | $3,197,265 | -$262,912 | $7,591,858 | $645,002 | $6,946,856 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,810,216
- Program service revenue
- $616,253
- Investment income
- $56,525
- Net income from fundraising events
- -$445,556
- Net income from gaming
- $703,653
- Other revenue
- $258,097
Expenses
- Grants and similar amounts paid
- $352,161
- Compensation of officers, directors and key employees
- $355,512
- Other salaries and wages
- $536,177
- Salaries, compensation and benefits (total)
- $1,006,069
- Professional fundraising fees
- $0
- Occupancy
- $115,452
- Travel
- $21,038
- Depreciation
- $398,506
- Program services (functional)
- $3,149,589
- Management and general (functional)
- $264,879
- Fundraising (functional)
- $566,374
Balance sheet and other
- Total assets, start of year
- $7,591,858
- Total assets, end of year
- $7,042,667
- Total liabilities, end of year
- $335,562
- Net assets, end of year
- $6,707,105
- Land, buildings and equipment
- $5,632,080
- Net assets without donor restrictions
- $6,657,105
- Net assets with donor restrictions
- $50,000
- Gross receipts
- $5,284,189
- Employees
- 22
- Volunteers
- 1,175
- Year formed
- 2001
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES FRANK | EXECUTIVE DIRECTOR Officer | 40 | $190,262 | $22,909 |
| MATTHEW WRASSMAN | SR. DIR. OF FINANCE & ADMIN Officer | 40 | $119,698 | $22,643 |
| BILL DAGGY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN BLINN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL AQUINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLES KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVE COLLINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUG ADAMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUGLAS HEALY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HANK MENNINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JACOB WIDERSCHEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN FORGUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIM VINCENT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KITTY ROSENTHAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK CLIPPINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORRIS LENCZICKI | BOARD MEMBER Trustee or director | 1 | $0 |
| PHILLIP J CASTELLINI | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM O'CONNELL | BOARD MEMBER Trustee or director | 1 | $0 |
| VICTOR LIVISAY | BOARD MEMBER Trustee or director | 1 | $0 |
| OWEN WRASSMAN | PRESIDENT Trustee or director, Officer | 1 | $0 |
| TIM BUTLER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| RANDY FREKING | TREASURER Trustee or director, Officer | 1 | $0 |
| BARB SMITH | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHARLES FRANK | EXECUTIVE DIRECTOR Officer | 40 | $170,444 | $31,938 |
| MATTHEW WRASSMAN | DIRECTOR OF FINANCE & ADMIN Officer | 40 | $105,558 | $19,020 |
| OWEN WRASSMAN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| TIM BUTLER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RANDY FREKING | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| BARB SMITH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DOUG ADAMS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CAROL AQUINO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN BLINN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PHILLIP J CASTELLINI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK CLIPPINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DAVE COLLINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BILL DAGGY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LINDSEY DINGELDEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AARON EISEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KAREN FORGUS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOUGLAS HEALY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHARLES KELLY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MORRIS LENCZICKI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HANK MENNINGER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TIM O'CONNELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KITTY ROSENTHAL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIM VINCENT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 100 MAIN STREET, CINCINNATI, OH 45202-0000
- In care of
- % CINCINNATI REDS COMMUNITY FUND
- Principal officer (990 for 2024)
- CHARLEY FRANK, 100 JOE NUXHALL WAY, CINCINNATI, OH 45202
- Signed the 990
- CHARLEY FRANK, EXECUTIVE DIRECTOR
- Phone
- (513) 765-7015
- Return prepared by
- CLARK SCHAEFER HACKETT & CO
Mission
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.
Program accomplishments
- THE P&G MLB CINCINNATI REDS YOUTH ACADEMY WAS ESTABLISHED IN 2009 AND OPERATED FOR FIVE YEARS AT A TEMPORARY LOCATION IN CONJUNCTION WITH CINCINNATI PUBLIC SCHOOLS. THE INDOOR TRAINING FACILITY IN ROSELAWN (OPENED IN 2014) HOSTS FREE, YEAR-ROUND BASEBALL AND SOFTBALL INSTRUCTION ALONG WITH EDUCATIONAL PROGRAMMING. PROGRAM GOALS INCLUDE INCREASING PARTICIPATION AND INTEREST IN BASEBALL AND SOFTBALL, ENCOURAGING ACADEMIC ACHIEVEMENT AND EMPHASIZING GOOD CHARACTER DEVELOPMENT.Expenses $1,719,885 · revenue $538,778
- THE REDS COMMUNITY FUND'S FIELD RENOVATION PROGRAM UNDERWRITES THE EXPENSE FOR IMPROVEMENTS TO AREA YOUTH BASEBALL FIELDS THROUGHOUT REDS COUNTRY. UPGRADES INCLUDE NEW SOIL FOR THE INFIELDS, TURF UPGRADES IN THE OUTFIELDS, BACKSTOP REPAIRS, FENCING, DUGOUTS AND MORE. APPLICANTS WHO WISH TO RECEIVE FUNDING FOR A FIELD RENOVATION PROJECT MUST HAVE A SPECIFIC NEED AND COMPLETE AN ONLINE APPLICATION PROCESS PROVIDING INFORMATION ON THE PROJECT SUCH AS LOCATION, MAINTENANCE SCHEDULE AND MOST IMPORTANTLY, SCOPE OF USE FOR EACH FIELD.Expenses $382,630
- THE REDS COMMUNITY FUND YOUTH BASEBALL & SOFTBALL FUNDING INITIATIVE PROVIDES SUPPORT TO OVER 300 BOYS BASEBALL AND GIRLS SOFTBALL TEAMS. ORGANIZATIONS RECEIVE FUNDING TO PURCHASE UNIFORMS, EQUIPMENT AND COVER VARIOUS OPERATING EXPENSES. QUALIFYING ORGANIZATIONS MUST OPERATE IN "REDS COUNTRY," DEMONSTRATE FINANCIAL NEED, AND PARTICIPATE IN A MINIMUM OF THREE COMMUNITY SERVICE OR FUNDRAISING ACTIVITIES THROUGHOUT THE YEAR. SPECIFIC PROGRAMS THAT ARE SUPPORTED INCLUDE THE P&G MLB CINCINNATI REDS YOUTH ACADEMY, GREATER CINCINNATI KNOTHOLE, CINCINNATI PUBLIC SCHOOLS AND REVIVING BASEBALL IN INNER CITIES.Expenses $292,621 · grants $352,161 · revenue $77,475
- REVIVING BASEBALL IN INNER CITIES (RBI) IS A MAJOR LEAGUE BASEBALL YOUTH OUTREACH PROGRAM DESIGNED TO: - INCREASE PARTICIPATION AND INTEREST IN BASEBALL AND SOFTBALL AMONG UNDERSERVED YOUTH - PROMOTE GREATER INCLUSION OF YOUTH WITH DIVERSE BACKGROUNDS INTO THE MAINSTREAM OF THE GAME - INCREASE NUMBER OF TALENTED ATHLETES PREPARED TO PLAY IN COLLEGE AND PROFESSIONALLY - ENCOURAGE ACADEMIC ACHIEVEMENT, COMMUNITY SERVICE AND MODEL CITIZENSHIP - TEACH THE VALUE OF TEAMWORKExpenses $754,453
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1790195
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $7,042,667
- Income (IRS master file)
- $5,284,189
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,741,091 | $3,980,842 | $7,042,667 | XML |
| 990 | December 2023 | $2,934,353 | $3,197,265 | $7,591,858 | XML |
| 990 | December 2022 | $2,758,776 | $3,422,600 | $7,788,183 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1790195).
Questions about CINCINNATI REDS COMMUNITY FUND
- What is the EIN of CINCINNATI REDS COMMUNITY FUND?
- The employer identification number (EIN) of CINCINNATI REDS COMMUNITY FUND is 31-1790195.
- Is CINCINNATI REDS COMMUNITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to CINCINNATI REDS COMMUNITY FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CINCINNATI REDS COMMUNITY FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CINCINNATI REDS COMMUNITY FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CINCINNATI REDS COMMUNITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CINCINNATI REDS COMMUNITY FUND?
- The 990 for the year ended December 31, 2024 names CHARLEY FRANK.
- Who are the officers and directors of CINCINNATI REDS COMMUNITY FUND?
- The 990 for the year ended December 31, 2024 lists 23 people; 2 received compensation from the organization, the highest $190,262 (CHARLES FRANK, EXECUTIVE DIRECTOR).
- How much revenue does CINCINNATI REDS COMMUNITY FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,741,091, expenses of $3,980,842 and total assets of $7,042,667 at year end.
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