REACH OF BALTIMORE INC

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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

DANA STEIN

Phone

4103668533

Tax Period

2022-07-01 to 2023-06-30

REACH OF BALTIMORE INC, founded in 2008, is a community nonprofit in the Education sector that reported $7.9M in total revenue in fiscal year 2022.

Mission

TO GRADUATE YOUNG MEN AND WOMEN WHO ARE NOT ONLY PREPARED AND MOTIVATED TO PURSUE POST-SECONDARY EDUCATION, BUT WHO ALSO HAVE THE TECHNICAL SKILLS AND EXPERIENCE TO QUALIFY FOR ENTRY LEVEL CAREER POSITIONS IN THE FIELDS OF HEALTH CARE OR CONSTRUCTION.

Program Service Accomplishments

Program 1

Expenses: $7,772,716

TO OPERATE A SCHOOL TO PROVIDE FOCUSED EDUCATIONAL OPPORTUNITIES. THE ORGANIZATION HAS FORMED PARTNERSHIPS WITH SOME OF THE AREA'S AND NATION'S LEADING BUSINESSES AND EDUCATIONAL INSTITUTIONS...

TO OPERATE A SCHOOL TO PROVIDE FOCUSED EDUCATIONAL OPPORTUNITIES. THE ORGANIZATION HAS FORMED PARTNERSHIPS WITH SOME OF THE AREA'S AND NATION'S LEADING BUSINESSES AND EDUCATIONAL INSTITUTIONS INCLUDING JOHNS HOPKINS MEDICAL SYSTEMS, STEVENSON UNIVERSITY, JOHNSON CONTROLS, ASSOCIATED BUILDERS AND CONTRACTORS, THE UNIVERSITY OF MARYLAND MEDICAL SYSTEMS, AND HARKINS BUILDERS AND CONTRACTORS. THE ACTIVE PARTICIPATION IN GOVERNANCE, CURRICULUM DEVELOPMENT, AND CAREER TRAINING FROM THESE PARTNERS, COMBINED WITH THE RIGOROUS COLLEGE PREPARATION CURRICULUM AND INDIVIDUAL ATTENTION OF FACULTY, MAKE A REACH PARTNERSHIP EDUCATION ONE OF THE BEST VALUES IN PUBLIC EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $7,923,215

Program Service Revenue $0

Investment Income $0

Other Revenue $3,604

TOTAL REVENUE $7,926,819

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,772,716

Other Expenses $7,834,161

TOTAL EXPENSES $7,834,161

Year-over-Year Comparison

	2022	2021	Change
Revenue	$7,926,819	$7,551,826	+0.0%
Expenses	$7,834,161	$7,472,207	+0.0%
Net Income	$92,658	$79,619	+0.2%

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

$189,025

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MCCOY	CHAIRMAN	2.00	Officer Director	$0	$0	$0
RICHARD MAYHEW	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
MORNIQUE SPENCER	SECRETARY	2.00	Officer Director	$0	$0	$0
KAMILLA ALEXANDER	DIRECTOR (UNTIL 9/22)	1.00	Director	$0	$0	$0
MARK WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
CLAYTON CORLEY	DIRECTOR	1.00	Director	$0	$0	$0
ANTONY GROSS	DIRECTOR	1.00	Director	$0	$0	$0
DIANE HAISLUP	DIRECTOR	1.00	Director	$0	$0	$0
DARIAN SENN-CARTER	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA SHODEINDE	DIRECTOR	1.00	Director	$0	$0	$0
DANA STEIN	DIRECTOR/EX-OFFICIO	1.00	Officer	$0	$5,906	$150,852
DION WRIGHT	EXECUTIVE DIRECTOR	10.00	Officer	$0	$1,475	$38,173

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
2024	No data	No data	No data	No data
2023	$7,926,819	$7,834,161	$568,264	$92,658
2022	$7,551,826	$7,472,207	$499,455	$79,619
2021	$6,674,977	$6,676,594	$23,671	$-1,617
2020	$6,190,189	$6,178,229	$38,596	$11,960
2019	$5,515,480	$5,535,518	$333,967	$-20,038
2018	$4,438,733	$4,496,653	$34,756	$-57,920