REACH PREP INC (EIN 061438889) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

BECKY REISER

Phone

2034870750

Tax Period

2024-07-01 to 2025-06-30

REACH PREP INC, founded in 1995, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $447K, a strong 18% operating margin.

Mission

PROVIDE TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT EMPOWER UNDERSERVED STUDENTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,486,190

Program Service Revenue $0

Investment Income $108,949

Other Revenue $-145,382

TOTAL REVENUE $2,449,757

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,320,147

Fundraising Expenses $353,228

Program Expenses $1,487,411

Other Expenses $682,120

TOTAL EXPENSES $2,002,267

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,449,757	$1,892,069	+0.3%
Expenses	$2,002,267	$2,059,181	0.0%
Net Income	$447,490	$-167,112	-3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$209,849

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN O'SHAUGHNESSY	CHAIR	2.00	Officer Director	$0	$0	$0
NEIL AUGUSTINE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JOHN KIM	TREASURER	2.00	Officer Director	$0	$0	$0
MARGO COLE	SECRETARY	2.00	Officer Director	$0	$0	$0
SARA BARTOW	DIRECTOR	2.00	Director	$0	$0	$0
LAUREN CORRINET	DIRECTOR	2.00	Director	$0	$0	$0
DAVID FILIPPELLI	DIRECTOR	2.00	Director	$0	$0	$0
TRACY GROSSMAN	DIRECTOR	2.00	Director	$0	$0	$0
NISHA HURST	DIRECTOR	2.00	Director	$0	$0	$0
CASSAUNDRA KARNAL	DIRECTOR	2.00	Director	$0	$0	$0
CYNTHIA LAUTURE	DIRECTOR	2.00	Director	$0	$0	$0
NICOLE MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
HEATHER MOSLEY	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM OGDEN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN PIKE	DIRECTOR	2.00	Director	$0	$0	$0
LINDLEY PLESS	DIRECTOR	2.00	Director	$0	$0	$0
KATHRYN SHAW	DIRECTOR	2.00	Director	$0	$0	$0
RODMAN TILT	DIRECTOR	2.00	Director	$0	$0	$0
JEFF VOLLING	DIRECTOR	2.00	Director	$0	$0	$0
BECKY REISER	CEO	50.00	Officer	$200,000	$9,849	$209,849
JILLIAN TUCKER	DIRECTOR OF DEVELOPMENT	40.00	Highest	$165,375	$17,585	$182,960
JENNIFER CLESSAS	DIRECTOR OF ADMIN. & FINANCE	40.00	Highest	$106,667	$8,506	$115,173

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,449,757	$2,002,267	$4,498,273	$447,490
2024	$1,892,069	$2,059,181	$3,133,054	$-167,112
2023	$1,501,246	$2,108,290	$3,234,540	$-607,044
2022	$1,913,604	$1,927,858	$3,630,678	$-14,254
2021	$1,585,034	$2,006,826	$3,989,615	$-421,792
2020	$1,694,257	$2,021,046	$4,096,484	$-326,789
2019	$1,464,136	$2,073,581	$4,304,115	$-609,445

REACH PREP INC