REACH LITERACY (EIN 460396579) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1987

Legal Domicile

Principal Officer

MOLLY O'CONNOR

Phone

6053322665

Tax Period

2024-01-01 to 2024-12-31

Reach Literacy, founded in 1987, is a small nonprofit that reported $188K in total revenue in fiscal year 2018. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 16% operating margin.

Mission

TO PROVIDE INDIVIDUALIZED READING AND WRITING AND LIFE SKILLS TUTORING THAT EMPOWERS ADULTS IN THE SIOUX EMPIRE TO REACH THEIR POTENTIAL. EMPOWERS THE COMMUNITY TO THRIVE THROUGH LITERACY EDUCATION.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,607

Program Service Revenue $80,018

Investment Income $763

Other Revenue $124,539

TOTAL REVENUE $386,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $224,273

Fundraising Expenses $45,248

Program Expenses $335,976

Other Expenses $208,973

TOTAL EXPENSES $433,246

Year-over-Year Comparison

	2024	2023	Change
Revenue	$386,927	N/A	N/A
Expenses	$433,246	N/A	N/A
Net Income	$-46,319	N/A	N/A

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

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

$70,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOLLY O'CONNOR	EXECUTIVE DI	40.00	Officer	$70,000	$0	$70,000
MEGAN BALDRIDGE	PRESIDENT	N/A	Officer Director	$0	$0	$0
KRISTEN BOYLE	TREASURER	N/A	Officer Director	$0	$0	$0
RACHEL CLARKE	DIRECTOR	N/A	Director	$0	$0	$0
KRIS DENEVAN	DIRECTOR	N/A	Director	$0	$0	$0
JON HEBER	DIRECTOR	N/A	Director	$0	$0	$0
JENNY LOCKHART	SECRETRAY	N/A	Officer Director	$0	$0	$0
NAOMI LUDEMAN	DIRECTOR	N/A	Director	$0	$0	$0
MADDIE MACK-KNAIZEH	DIRECTOR	N/A	Director	$0	$0	$0
ANITA MANNING	DIRECTOR	N/A	Director	$0	$0	$0
CATE SOMMERVOLD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CARRIE SRSTKA	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	$386,927	$433,246	$547,018	$-46,319
2023	$569,635	$387,350	$587,909	$182,285
2022	$426,950	$279,577	$407,548	$147,373
2021	$305,393	$237,800	$259,649	$67,593
2020	$314,156	$196,805	$187,123	$117,351
2019	$218,945	$205,445	$71,480	$13,500
2018	$187,567	$158,097	$55,587	$29,470

REACH LITERACY