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Reed Family Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Corporate Foundations (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$101k (2024)

Expenses
$47.9k (2024)

Total Assets
$472k (2024)

Total Liabilities
$0 (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$100,960
Expenses
$47,932
Net Income
$53,028
Net Assets
$471,508
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $7,138
7.1%
Sales of Assets $93,822
92.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $42,300
88.3%
Compensation of Officers* $12,000
25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $471,508
Total Liabilities $0
Net Assets $471,508
Compensation
Key Employees and Officers Compensation Other
Clayton Reed (President) $6,000 $0
Stephanie S Reed (Cfo) $6,000 $0
Jeffrey Reed (Director) $0 $0
Jessie Reed (Director) $0 $0
Stephanie T Reed (Director) $0 $0
Travis Reed (Director) $0 $0
Chrissy Reed (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,815
Expenses
$30,353
Net Income
-$13,538
Net Assets
$418,335
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $14,602
86.8%
Sales of Assets $2,213
13.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $29,571
97.4%
Compensation of Officers* $11,000
36.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $418,335
Total Liabilities $0
Net Assets $418,335
Compensation
Key Employees and Officers Compensation Other
Clayton Reed (President) $11,000 $0
Stephanie S Reed (Cfo) $0 $0
Jeffrey Reed (Director) $0 $0
Jessie Reed (Director) $0 $0
Stephanie T Reed (Director) $0 $0
Travis Reed (Director) $0 $0
Chrissy Reed (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,577
Expenses
$44,461
Net Income
-$26,884
Net Assets
$417,672
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $20
0.1%
Dividends $14,009
79.7%
Sales of Assets $3,548
20.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,250
72.5%
Compensation of Officers* $12,000
27.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $417,672
Total Liabilities $0
Net Assets $417,672
Compensation
Key Employees and Officers Compensation Other
Clayton Reed (President) $6,000 $0
Stephanie Reed (Cfo) $6,000 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$25,985
Expenses
$40,691
Net Income
-$14,706
Net Assets
$444,145
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $14,962
57.6%
Sales of Assets $11,023
42.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $33,563
82.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $444,145
Total Liabilities $0
Net Assets $444,145
Compensation
Key Employees and Officers Compensation Other
Clayton A Reed (President) $0 $0
Stephanie S Reed (Cfo) $0 $0
Stephanie S Reed (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$27,000
Expenses
$39,442
Net Income
-$12,442
Net Assets
$458,428
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $15,181
56.2%
Sales of Assets $11,818
43.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $31,239
79.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $458,429
Total Liabilities $1
Net Assets $458,428
Compensation
Key Employees and Officers Compensation Other
Clayton A Reed (President) $0 $0
Stephanie S Reed (Cfo) $0 $0
Stephanie S Reed (Secretary) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,715
Expenses
$34,956
Net Income
-$18,241
Net Assets
$470,072
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $13,736
82.2%
Sales of Assets $2,979
17.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $22,879
65.5%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $470,072
Total Liabilities $0
Net Assets $470,072

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$33,670
Expenses
$18,799
Net Income
$14,871
Net Assets
$522,214
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $486
1.4%
Interest Revenue $0
Dividends $8,678
25.8%
Sales of Assets $24,506
72.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $522,214
Total Liabilities $0
Net Assets $522,214

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$37,182
Expenses
$17,114
Net Income
$20,068
Net Assets
$524,625
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $17,188
46.2%
Sales of Assets $19,994
53.8%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $524,625
Total Liabilities $0
Net Assets $524,625

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$90,009
Expenses
$17,719
Net Income
-$107,728
Net Assets
$503,780
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,749
Interest Revenue $0
Dividends $10,354
Sales of Assets $0
Other Income -$67,759
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $503,780
Total Liabilities $0
Net Assets $503,780

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,225
Expenses
$7,763
Net Income
-$5,538
Net Assets
$744,299
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $14,040
> 100%
Sales of Assets $0
Other Income -$2,648
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $744,299
Total Liabilities $0
Net Assets $744,299

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
-$31,810
Expenses
$9,051
Net Income
-$40,861
Net Assets
$749,654
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $12,457
Sales of Assets $0
Other Income -$36,713
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $749,654
Total Liabilities $0
Net Assets $749,654

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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