REACHING HIGHER (EIN 352655189) - 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

2018

Legal Domicile

Phone

5596868576

Tax Period

2024-01-01 to 2024-12-31

REACHING HIGHER, founded in 2018, is a small nonprofit in the Religion sector that reported $651K in total revenue in fiscal year 2024. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $148K, a strong 23% operating margin.

Mission

REACHING HIGHER RUNS AN AFTER SCHOOL PROGRAM WHERE KIDS CAN PARTICIPATE IN YOUTH FOOTBALL AND OTHER ACTIVITIES. THEY ARE GIVEN HEALTHY SNACKS AND ARE TAUGHT CHRISTIAN VALUES. THE PROGRAM ALSO PARTICIPATES IN THE CARE PORTAL, WHERE DONORS CAN BE PARTNERED WTIH YOUTH IN THEIR AREA THAT ARE IN NEED OF FOOD, CLOTHING, AND OTHER THINGS.

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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 $651,346

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $651,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $312,764

Fundraising Expenses $0

Program Expenses $435,269

Other Expenses $190,658

TOTAL EXPENSES $503,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,346	$272,123	+1.4%
Expenses	$503,422	$305,672	+0.6%
Net Income	$147,924	$-33,549	-5.4%

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

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
JAKE BOSMA	Treasurer	5.00	Officer Director	$0	$0	$0
TY DAVIS	Executive Dir.	5.00	Director	$0	$0	$0
BRANDON DYKSTRA	President	5.00	Officer Director	$0	$0	$0
GREG PETERSON	Secretary	5.00	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	No data	No data	No data	No data
2024	$651,346	$503,422	$328,630	$147,924
2023	$272,123	$305,672	$182,761	$-33,549
2022	$257,386	$209,563	$211,707	$47,823
2020	$219,559	$136,179	$170,027	$83,380

REACHING HIGHER