RECLAIM

EIN: 203469787 501(c)(3) Education

Seattle, WA

Total Revenue
$212,553
Total Expenses
$519,530
Total Assets
$231,574
Net Assets
$168,418
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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
2005
Legal Domicile
WA
Principal Officer
Jarrelle Marshall
Phone
2064762506
Tax Period
2023-01-01 to 2023-12-31

RECLAIM, founded in 2005, is a small nonprofit in the Education sector that reported $213K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $520K exceeded revenue, resulting in a 144% operating deficit.

Mission

We are Reclaim, a non-profit stakeholder-driven organization that empowers prisoners in Washington State to fulfill their potential through communities of higher learning that transcend prison walls. Our mission is rooted in the belief that everyone has a right to education, regardless of identity, socioeconomic status, or circumstance. We belive in the power of education to break cycles of incarceration, strengthen communities, confront racism and classism, and promote personal achievement and societal reintegration.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $210,763
Program Service Revenue $0
Investment Income $31
Other Revenue $1,759
TOTAL REVENUE $212,553

Expense Breakdown

Grants Paid $0
Salaries & Benefits $348,743
Fundraising Expenses $90,940
Program Expenses $246,098
Other Expenses $170,787
TOTAL EXPENSES $519,530

Year-over-Year Comparison

2023 2022 Change
Revenue $212,553 $343,813 -0.4%
Expenses $519,530 $340,529 +0.5%
Net Income $-306,977 $3,284 -94.5%
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

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
N/A

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
3
$162,967
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joel Strom Director 40.00
Officer
$83,800 $0 $83,800
Jarrelle Marshall Executive Dir. 40.00
Officer
$79,167 $0 $79,167
Anthony Blankenship Board Member 3.50
Director
$0 $0 $0
Cinna'Mon Williams Board Member 3.50
Director
$0 $0 $0
Sherri Caldellis Board Chair 7.00
Director
$0 $0 $0
Eric Scott Williams Board Member 3.50
Director
$0 $0 $0
Gary Idleburg Board Member 3.50
Director
$0 $0 $0
Rachel Oppenheim Board Member 3.50
Officer Director
$0 $0 $0
Martina Kartman Board Member 3.50
Director
$0 $0 $0
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
2024 No data No data No data No data
2023 $212,553 $519,530 $231,574 $-306,977
2022 $343,813 $340,529 $483,511 $3,284
2021 $320,498 $308,024 $506,588 $12,474
2020 $501,726 $397,243 $485,383 $104,483
2019 $345,735 $319,207 $414,367 $26,528
2018 $370,753 $301,691 $347,402 $69,062
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