REACH OUT ORPHANAGE MINISTRIES INC

EIN: 412210173 501(c)(3) Human Services

CHARLOTTE, NC

Total Revenue
$188,992
Total Expenses
$194,949
Total Assets
$114,674
Net Assets
$114,340
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NC
Principal Officer
JOHN LAFONTAINE
Phone
7047731717
Tax Period
2022-01-01 to 2022-12-31

REACH OUT ORPHANAGE MINISTRIES INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $189K in total revenue in fiscal year 2022. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

TO EQUIP ORPHANAGES WITH THE MEANS TO MAKE THEIR HOME THE BEST FACILITY AND ENVIRONMENT IT CAN POSSIBLY BE FOR THE CHILDREN THERE AND THE ONES TO COME. ATTAINING THIS GOAL THROUGH ADOPTIVE CHURCHES, MISSION TEAMS, AND INDIVIDUAL SPONSORS, WE WILL WORK TOGETHER TO FULFILL THE CALLING TO LOOK AFTER ORPHANS IN THEIR DISTRESS-JAMES 1:27, WITH CHRIST AS THE HEAD GUIDING US, EQUIPPING US, AND FILLING US IN EVERY WAY. -EPHESIANS 1:22

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $188,992
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $188,992

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,019
Fundraising Expenses $10,949
Program Expenses $153,950
Other Expenses $151,930
TOTAL EXPENSES $194,949

Year-over-Year Comparison

2022 2021 Change
Revenue $188,992 $265,564 -0.3%
Expenses $194,949 $214,876 -0.1%
Net Income $-5,957 $50,688 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
2
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
0
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN BABCOCK BOARD MEMBER N/A
Director
$0 $0 $0
SANDI HOLTON BOARD MEMBER N/A
Director
$0 $0 $0
JOHN LAFONTAINE TREASURER N/A
Director
$0 $0 $0
JOHN ORNER BOARD MEMBER N/A
Director
$0 $0 $0
REBEKAH READ BOARD MEMBER 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
2022 $188,992 $194,949 $114,674 $-5,957
2021 $265,564 $214,876 $120,437 $50,688
2020 $258,913 $242,887 $75,171 $16,026
2019 $142,846 $172,594 $55,212 $-29,748
2018 $196,005 $162,804 $85,560 $33,201
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