Reach for Housing Inc (EIN 261872725) - 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

2008

Legal Domicile

Principal Officer

Matthew Jones

Phone

9075868228

Tax Period

2024-07-01 to 2025-06-30

Reach for Housing Inc, founded in 2008, is a micro nonprofit in the Housing & Shelter sector that reported $65K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $92K exceeded revenue, resulting in a 42% operating deficit.

Mission

provide supportive housing for individuals with developmental disabilities

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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 $40,014

Program Service Revenue $24,956

Investment Income $2

Other Revenue $0

TOTAL REVENUE $64,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,191

Fundraising Expenses $0

Program Expenses $55,806

Other Expenses $75,012

TOTAL EXPENSES $92,203

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,972	$69,492	-0.1%
Expenses	$92,203	$95,921	0.0%
Net Income	$-27,231	$-26,429	+0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Matthew Jones	President	3.00	Officer Director	$0	$0	$0
Jim Scholl	Vice President	3.00	Officer Director	$0	$0	$0
Teresa Sarabia	Treasurer	3.00	Officer Director	$0	$0	$0
Nelea Fenumiai	Secretary	3.00	Officer Director	$0	$0	$0
Valorie Ringle	Director	2.00	Director	$0	$0	$0
Karen Carey	Director	2.00	Director	$0	$0	$0
Randall Sutak	Director	2.00	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
2025	$64,972	$92,203	$880,969	$-27,231
2024	$69,492	$95,921	$854,765	$-26,429
2023	$66,091	$89,287	$893,664	$-23,196
2022	$49,592	$87,017	$897,973	$-37,425
2021	$42,447	$85,003	$902,355	$-42,556
2020	$44,801	$81,677	$930,656	$-36,876

Reach for Housing Inc