THE REACH FOUNDATION (EIN 383149126) - 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

1993

Legal Domicile

Principal Officer

EDWARD LARK

Phone

3133815072

Tax Period

2023-10-01 to 2024-09-30

THE REACH FOUNDATION, founded in 1993, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PROVIDE RESIDENTIAL CARE SERVICES TO HANDICAPPED INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,167,470

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,167,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $462,064

Fundraising Expenses $0

Program Expenses $962,341

Other Expenses $757,180

TOTAL EXPENSES $1,219,244

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,167,470	$1,049,277	+0.1%
Expenses	$1,219,244	$997,626	+0.2%
Net Income	$-51,774	$51,651	-2.0%

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

N/A

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

$22,458

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD LARK	PRESIDENT	40.00	Director	$22,458	$0	$22,458
PHILIP ROBIERO	DIRECTOR	N/A	Director	$0	$0	$0
CHRISTINE FABRI	DIRECTOR	N/A	Director	$0	$0	$0
ROSEMARY LARK	DIRECTOR	N/A	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	$1,167,470	$1,219,244	$34,688	$-51,774
2023	$1,049,277	$997,626	$86,462	$51,651
2022	$857,259	$837,469	$37,883	$19,790
2021	$643,488	$632,823	$24,179	$10,665
2020	$587,420	$574,666	$14,009	$12,754
2019	$625,558	$599,362	$954	$26,196
2018	$608,413	$614,733	$-17,942	$-6,320

THE REACH FOUNDATION