PRT REACH FOUNDATION INC (EIN 274657414) - Form 990 Financial Analysis & Trantor Score

🔒

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

2011

Legal Domicile

Principal Officer

JEFFREY HARGRAVE

Phone

4103851333

Tax Period

2024-01-01 to 2024-12-31

PRT REACH FOUNDATION INC, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $21K in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $46K exceeded revenue, resulting in a 123% operating deficit.

Mission

TO ADDRESS ECONOMIC AND COMMUNITY DEVELOPMENT NEEDS IN MARYLAND AND IN PARTICULAR, THE BALTIMORE WASHINGTON CORRIDOR.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $20,750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,365

Other Expenses $46,365

TOTAL EXPENSES $46,365

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,750	$12,850	+0.6%
Expenses	$46,365	$22,381	+1.1%
Net Income	$-25,615	$-9,531	+1.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY HARGRAVE	CHAIR	2.00	Officer Director	$0	$0	$0
JAMES SCOTT JR	TREASURER	1.00	Officer Director	$0	$0	$0
TONY HILL	SECRETARY	1.00	Officer 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	$20,750	$46,365	$254	$-25,615
2023	$12,850	$22,381	$16,306	$-9,531
2022	$5,850	$35,254	$29,277	$-29,404
2021	$14,400	$28,118	$58,681	$-13,718
2020	$51,146	$76,242	$72,399	$-25,096
2019	$264,025	$301,013	$100,495	$-36,988
2018	$250,883	$216,151	$137,483	$34,732

PRT REACH FOUNDATION INC