REACH EDUCATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

JENNIFER CARTLAND

Phone

2024412190

Tax Period

2023-07-01 to 2024-06-30

REACH EDUCATION INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $754K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $998K exceeded revenue, resulting in a 32% operating deficit.

Mission

TO DEVELOP GRADE-LEVEL READERS AND CAPABLE LEADERS BY PREPARING TEENS TO SERVE AS TUTORS AND ROLE MODELS FOR YOUNGER STUDENTS, RESULTING IN IMPROVED LITERACY OUTCOMES FOR BOTH.

Program Service Accomplishments

Program 1

Expenses: $532,704 Revenue: $42,000

AFTER-SCHOOL PROGRAM - REACH ENLISTS TEENS TO BE ELEMENTARY SCHOOL READING TUTORS, RESULTING IN IMPROVED OUTCOMES FOR THE TEEN TUTORS AND THEIR ELEMENTARY SCHOOL STUDENTS.

Program 2

Expenses: $138,813

SUMMER LEADERSHIP ACADEMY - TEENS CREATE RESUMES, VISIT COLLEGES, PARTICIPATE IN MOCK INTERVIEWS, COLLABORATE ON GROUP PROJECTS, AND COMPETE IN OUR CHARITY-FOCUSED PUBLIC SPEAKING COMPETITION DURING...

Program 3

Expenses: $13,881 Revenue: $3,016

TEEN PUBLISHING PROJECT - TEENS AUTHOR CHILDREN'S BOOKS THAT ARE SOLD AND DISTRIBUTED TO CHILDREN WHO WOULD NOT OTHERWISE HAVE ACCESS TO DIVERSE, RELEVANT, AND ENGAGING TEXTS. THE ORGANIZATION SELLS...

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $707,182

Program Service Revenue $45,016

Investment Income $2,055

Other Revenue $0

TOTAL REVENUE $754,253

Expense Breakdown

Grants Paid $0

Salaries & Benefits $562,359

Fundraising Expenses $81,676

Program Expenses $685,398

Other Expenses $415,192

TOTAL EXPENSES $997,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$754,253	$561,096	+0.3%
Expenses	$997,679	$727,185	+0.4%
Net Income	$-243,426	$-166,089	+0.5%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$138,462

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CARTLAND	EXECUTIVE DIRECTOR	40.00	Officer	$138,462	$0	$138,462
PATRICK HOWARD	CHAIR	4.00	Officer Director	$0	$0	$0
STEPHANIE COLVIN-SANTRAC	VICE CHAIR	4.00	Officer Director	$0	$0	$0
FUNMI OLORUNNIPA BADEJO	SECRETARY	4.00	Officer Director	$0	$0	$0
DANIELLE BARTLETT	TREASURER UNTIL APRIL 2024	2.50	Officer Director	$0	$0	$0
GILBERT WANG	TREASURER AS OF APRIL 2024	4.00	Officer Director	$0	$0	$0
RANDOLPH CHESTANG IV	DIRECTOR	2.50	Director	$0	$0	$0
JESSE RANEY BRIDGES	DIRECTOR	2.50	Director	$0	$0	$0
TERRY JACKSON	DIRECTOR	2.50	Director	$0	$0	$0
PATRICE WEDDERBURN TAYLOR	DIRECTOR	2.50	Director	$0	$0	$0
MARISA STUBBS	DIRECTOR AS OF DEC. 2023	2.50	Director	$0	$0	$0
CALVIN LIU	DIRECTOR AS OF APRIL 2024	2.50	Director	$0	$0	$0
EMILY YEE	DIRECTOR AS OF APRIL 2024	2.50	Director	$0	$0	$0
MANNY EGOEGONWA	DIRECTOR AS OF JUNE 2024	2.50	Director	$0	$0	$0
MORGAN EVERETT	DIRECTOR AS OF JUNE 2024	2.50	Director	$0	$0	$0
JEFFERSON LIU	DIRECTOR UNTIL APRIL 2024	2.50	Director	$0	$0	$0
CHRISTOPHER RIDDICK	DIRECTOR UNTIL APRIL 2024	2.50	Director	$0	$0	$0
LOREE LIPSTEIN	DIRECTOR UNTIL DEC. 2023	2.50	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
2025	No data	No data	No data	No data
2024	$754,253	$997,679	$972,179	$-243,426
2023	$561,096	$727,185	$659,376	$-166,089
2022	$309,993	$769,371	$882,131	$-459,378
2021	$1,046,086	$1,226,590	$1,386,393	$-180,504
2020	$2,152,709	$1,232,354	$1,709,955	$920,355
2019	$922,187	$1,177,275	$672,610	$-255,088
2018	$1,220,037	$1,173,680	$887,548	$46,357