PENNREACH

EIN: 454123725 501(c)(3) Community Improvement

ALLENTOWN, NJ

Total Revenue
$17,040,823
Total Expenses
$17,160,826
Total Assets
$5,881,135
Net Assets
$3,752,821
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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
2011
Legal Domicile
PA
Principal Officer
KRYSTAL ODELL
Phone
7329630357
Tax Period
2024-07-01 to 2025-06-30

PENNREACH, founded in 2011, is a mid-sized nonprofit in the Community Improvement sector that reported $17.0M in total revenue in fiscal year 2024.

Mission

PENNREACH WILL HELP BUILD NEIGHBORHOODS BY ADDRESSING THE HOLISTIC NEEDS OF THE INDIVIDUAL BY PROVIDING GOOD QUALITY AFFORDABLE HOUSING, EMPLOYMENT OPPORTUNITIES, EDUCATION AND TRAINING FOR ALL PEOPLE IN NEED - WHETHER SENIORS, FAMILIES FACING CHALLENGES OF LOW INCOME AND RELATED PROBLEMS, OR PEOPLE WITH SPECIAL NEEDS. AT PENNREACH, THE ORGANIZATION WILL BUILD - NOT ONLY THE QUALITY, AFFORDABLE HOUSING NEEDED AS THE BUILDING BLOCK FOR A VALUED LIFE - BUT THE RESOURCES AND SUPPORTS TO HELP THEM MAINTAIN THEIR HOUSING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,586,772
Program Service Revenue $14,275,702
Investment Income $178,349
Other Revenue $0
TOTAL REVENUE $17,040,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,321,316
Fundraising Expenses $0
Program Expenses $15,904,525
Other Expenses $2,839,510
TOTAL EXPENSES $17,160,826

Year-over-Year Comparison

2024 2023 Change
Revenue $17,040,823 $15,966,630 +0.1%
Expenses $17,160,826 $16,037,925 +0.1%
Net Income $-120,003 $-71,295 +0.7%
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

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Governance

Voting Members
6
Independent Members
5
Employees
337
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
4
$143,192
Total Directors
6
$143,192
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRYSTAL ODELLL CEO 20.00
Officer Director
$143,192 $0 $143,192
STEVE SCHOCH OFFICER 2.00
Officer Director
$0 $0 $0
SCOTT ELLIOT PRESIDENT 2.00
Officer Director
$0 $0 $0
NEIL MALVONE SECRETARY 2.00
Officer Director
$0 $0 $0
FRANCES CURLEY BOARD MEMBER 1.00
Director
$0 $0 $0
JACK MUDGE BOARD MEMBER 1.00
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 $17,040,823 $17,160,826 $5,881,135 $-120,003
2024 $15,966,630 $16,037,925 $5,360,502 $-71,295
2023 $16,540,528 $16,293,433 $5,374,959 $247,095
2022 $15,924,501 $15,410,551 $5,187,786 $513,950
2021 $17,129,610 $14,503,261 $4,324,237 $2,626,349
2020 $11,948,231 $11,618,678 $3,698,489 $329,553
2019 $7,907,071 $7,928,301 $1,488,219 $-21,230
2018 $6,682,693 $6,726,768 $1,800,249 $-44,075
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