NEW REACH INC

EIN: 223037451 501(c)(3) Housing & Shelter

NEW HAVEN, CT

Total Revenue
$9,804,245
Total Expenses
$9,600,787
Total Assets
$20,108,459
Net Assets
$3,327,933
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CT
Principal Officer
KELLYANN DAY
Phone
2034924866
Tax Period
2024-07-01 to 2025-06-30

NEW REACH INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $9.8M in total revenue in fiscal year 2024.

Mission

NEW REACH'S MISSION IS TO INSPIRE LASTING INDEPENDENCE FOR ALL PEOPLE AFFECTED BY HOMELESSNESS AND POVERTY THROUGH A CONTINUUM OF HOUSING AND SUPPORT USING THE MOST INNOVATIVE METHODS. SUSTAINING A FIDELITY TO THIS MISSON HELPS US IN REACHING OUR GOAL TO END HOMELESSNESS, WHICH TRANSLATES TO MAKING IT RARE, BRIEF, AND ONE-TIME.

Program Service Accomplishments

Program 1
Expenses: $596,577

WITH REGARD TO PREVENTION, NEW REACH'S HIGH-QUALITY AND COLLABORTIVE EVICTION PREVENTION SERVICES HELP LOW-INCOME HOUSEHOLDS TO AVERT EVICTION AND ANY ASSOCIATED TRAUMA, TO BUILD STRONG SUPPORT...

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WITH REGARD TO PREVENTION, NEW REACH'S HIGH-QUALITY AND COLLABORTIVE EVICTION PREVENTION SERVICES HELP LOW-INCOME HOUSEHOLDS TO AVERT EVICTION AND ANY ASSOCIATED TRAUMA, TO BUILD STRONG SUPPORT SYSTEMS, AND ULTIMATELY MAKE HOMELESSNESS RARE. NEW REACH'S CASE MANAGEMENT SERVICES ARE STRENGTHS-BASED, PERSON-CENTERED, AND USING THE MOST PROGRESSIVE EVIDENCE-BASED PRACTICES THAT PROMOTE CLIENT CHOICE, LONG-TERM INDEPENDENCE, AND HOUSING STABILITY.

Program 2
Expenses: $2,963,188

UNDER NEW REACH'S CRISIS SERVICES UMBRELLA, THE AIM IS TO MAKE HOMELESSNESS BREIF. NEW REACH'S SERVICES IN THE FOLLOWING PROGRAMS USE AN EVIDENCE-BASED PRACTICE TO ACCOMPLISH THIS. THE EMERGENCY...

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UNDER NEW REACH'S CRISIS SERVICES UMBRELLA, THE AIM IS TO MAKE HOMELESSNESS BREIF. NEW REACH'S SERVICES IN THE FOLLOWING PROGRAMS USE AN EVIDENCE-BASED PRACTICE TO ACCOMPLISH THIS. THE EMERGENCY SHELTER PROGRAM (ESP) HAS THE CAPACITY TO SERVE 23 WOMEN WITH CHILDREN AND 18 INDIVIDUAL WOMEN EVERY DAY (24/7) WHO HAVE EXPERIENCED HOMELESSNESS BY PROVIDING TWO SAFE, SECURE, AND SUPPORTIVE PLACES TO STAY. THE RESIDENCES ARE LOCATED IN NEW HAVEN, CT AND SERVE GUESTS FROM THE GREATER NEW HAVEN REGION. ESP GUESTS HAVE ACCESS TO ONSITE CASE MANAGEMENT, DONATED FOOD, A KITCHEN, LAUNDRY APPLIANCES, A COMPUTER LAB, HYGIENE ESSENTIALS, DIAPERS, CLOTHING, AND FURNITURE UPON EXIT. THE AGENCY'S RAPID REHOUSING PROGRAM PROVIDES RENTAL ASSISTANCE ALONG WITH THE DELIVERY OF SHORT-TERM CASE MANAGEMENT. SERVICES TO AT-RISK RESIDENTS WHO HAVE EXPERIENCED HOMELESSNESS VREIF, NEW REACH'S INTERGRATED CASE PROGRAM (ICP) IS A COLLABORTIVE EFFORT WITH YALE NEW HAVEN HOSPITAL THAT SERVES WOMEN WHO ARE HOMELESS, HAVE CO-OCCURRING DISORDERS, AND A HIGH HOSPITAL UTILIZATION. THE ICP TEAM IS PROFITCIENT IN HELPING CLIENTS CONNECT WITH INNOVATIVE HOUSING OPTIONS AND SUPPORTIVE SERVICES THAT BEST MEET THEIR UNIQUE NEEDS. THE FURNITURE CO-OP HELPS THOSE EXITING HOMELESSNESS TO MAKE THIER HOUSING A HOME BY DELIEVERING GENTLY USED FURNISHINGS. CASE MANAGEMENT IN ALL PROGRAMS CONNECTS GUESTS TO NEEDED SERVICES AND RESOURCES LIKE HOUSING, ENTITLEMENTS, EMPLOYMENT, EDUCATION, FINANCIAL COUNSELING, HEALTHCARE, CHILDCARE, AND OTHER RESOURCES.

Program 3
Expenses: $2,601,598

UNDER THE HOUSING UNBRELLA, NEW REACH'S SUPPORTIVE HOUSING PROGRAM (PSH) BENEFITS THOSE WHO HAVE EXPERIENCED HOMELESSNESS OR WERE AT RISK OF BECOMING HOMELESS BY COUPLING HOUSING SUBSIDIES WITH...

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UNDER THE HOUSING UNBRELLA, NEW REACH'S SUPPORTIVE HOUSING PROGRAM (PSH) BENEFITS THOSE WHO HAVE EXPERIENCED HOMELESSNESS OR WERE AT RISK OF BECOMING HOMELESS BY COUPLING HOUSING SUBSIDIES WITH ONGOING CASE MANAGEMENT SERVICES AND SUPPORTS DESIGNED TO ACHIEVE LONG-TERM STABILIZATION MAKING HOMELESSNESS ONE-TIME. WELL-TRAINED IN MULTIPLE EVIDENCE-BASED PRACTICES, PSH STAFF FOSTER INDEPENDENCE WHILE MEETING THE INDIVIDUAL NEEDS OF HOUSHOLD SERVED.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,256,619
Program Service Revenue $1,064,193
Investment Income $103,870
Other Revenue $379,563
TOTAL REVENUE $9,804,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,109,638
Fundraising Expenses $433,375
Program Expenses $7,569,980
Other Expenses $4,491,149
TOTAL EXPENSES $9,600,787

Year-over-Year Comparison

2024 2023 Change
Revenue $9,804,245 $9,839,132 0.0%
Expenses $9,600,787 $10,910,539 -0.1%
Net Income $203,458 $-1,071,407 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
11
Employees
131
Volunteers
100

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
5
$201,272
Total Directors
14
$201,272
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FREDERICK LEAF ESQ CHAIR 1.00
Officer Director
$0 $0 $0
AISHIA BELLO VICE CHAIR 1.00
Director
$0 $0 $0
EDWARD SIMON TREASURER 1.00
Director
$0 $0 $0
SHALONTA FORD SECRETARY 1.00
Officer Director
$0 $0 $0
SUNNY NARIYANI BOARD MEMBER 1.00
Officer Director
$0 $0 $0
WILLIE DOW BOARD MEMBER 1.00
Director
$0 $0 $0
TARA COURTMANCHE BOARD MEMBER 1.00
Director
$0 $0 $0
JANE GLASSMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JULIA HUNT BOGARDUS BOARD MEMBER 1.00
Director
$0 $0 $0
DWAYNE HICKS BOARD MEMBER 1.00
Officer Director
$0 $0 $0
SHABLIS STEHENS BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY VALENTINO BOARD MEMBER 1.00
Director
$0 $0 $0
PAYAL KHANDHEDIA BOARD MEMBER 1.00
Director
$0 $0 $0
KELLYANN DAY CEO 49.00
Officer Director
$195,726 $5,546 $201,272
NICOLE BARNOFSKI CPO 39.00
Highest
$150,000 $0 $150,000
MEREDITH CLAY CHIEF QUALITY AND COMPLIAN 39.00
Highest
$150,000 $0 $150,000
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 $9,804,245 $9,600,787 $20,108,459 $203,458
2024 $9,839,132 $10,910,539 $20,079,821 $-1,071,407
2023 $8,820,910 $9,711,142 $20,670,916 $-890,232
2022 $7,538,038 $8,223,825 $19,062,016 $-685,787
2021 $8,454,428 $7,425,944 $19,348,639 $1,028,484
2020 $7,718,696 $6,637,069 $18,989,807 $1,081,627
2019 $6,268,645 $6,290,723 $15,791,539 $-22,078
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