REACH HIGH SCHOLARS PROGRAM

EIN: 461429442 501(c)(3) Education

NEWFIELDS, NH

Total Revenue
$189,440
Total Expenses
$28,079
Total Assets
$175,865
Net Assets
$175,865
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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
2012
Legal Domicile
NH
Principal Officer
THOMAS HASSAN
Phone
6035028539
Tax Period
2024-01-01 to 2024-12-31

REACH HIGH SCHOLARS PROGRAM, founded in 2012, is a small nonprofit in the Education sector that reported $189K in total revenue in fiscal year 2024. Revenue surged 389% from the prior year, signaling strong growth momentum. The organization ran a surplus of $161K, a strong 85% operating margin.

Mission

THE PROGRAM SUPPLEMENTS RESOURCES THAT SCHOOLS IN RAYMOND AND EPPING, NH, AND NEIGHBORING TOWNS ARE IN A POSITION TO PROVIDE BY ENCOURAGING STUDENTS TO "REACH HIGHER" IN THEIR EDUCATIONAL PURSUITS THAN THEY OTHERWISE WOULD HAVE. OUR PHILOSOPHY IS MONEY SHOULD NOT BE A ROADBLOCK TO A GREAT EDUCATION. AT NO COST TO THE SCHOOL DISTRICT, WE PROVIDE A CONTINUUM OF INITIATIVES THAT START IN THE MIDDLE SCHOOL. THE GOAL IS TO HELP STUDENTS GET THROUGH THE STARTING GATES TO BE ADMITTED BY HIGHLY RESOURCED COLLEGES THAT PROVIDE FIRST-CLASS EDUCATIONAL OPPORTUNITIES AND CONSIDERABLE NEED- BASED FINANCIAL AID.

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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 $29,400
Program Service Revenue $159,217
Investment Income $823
Other Revenue $0
TOTAL REVENUE $189,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,714
Other Expenses $28,079
TOTAL EXPENSES $28,079

Year-over-Year Comparison

2024 2023 Change
Revenue $189,440 $38,775 +3.9%
Expenses $28,079 $33,214 -0.2%
Net Income $161,361 $5,561 +28.0%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC S BERGOFSKY DIRECTOR/TRE 1.00
Officer Director
$0 $0 $0
AMI DIAMOND DIRECTOR 1.00
Director
$0 $0 $0
MARK DUPUIS DIRECTOR 5.00
Director
$0 $0 $0
ARLENE FRENCH DIRECTOR 1.00
Director
$0 $0 $0
THOMAS HASSAN DIRECTOR/BOA 5.00
Officer Director
$0 $0 $0
DAVID KRUGER DIRECTOR EME 1.00
Director
$0 $0 $0
JOHN MCDANIELS DIRECTOR EME 10.00
Director
$0 $0 $0
GENEVIEVE B MORIARTY DIRECTOR/SEC 1.00
Officer Director
$0 $0 $0
SARAH NELSON EXECUTIVE DI 25.00
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
2024 $189,440 $28,079 $175,865 $161,361
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