Reach Education Fund

EIN: 471937331 501(c)(3) Education

Worth, IL

Total Revenue
$3,910,481
Total Expenses
$3,546,235
Total Assets
$1,003,820
Net Assets
$523,710
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
IL
Phone
4704457977
Tax Period
2024-01-01 to 2024-12-31

REACH EDUCATION FUND, founded in 2014, is a small nonprofit in the Education sector that reported $619K in total revenue in fiscal year 2018. Revenue surged 136% from the prior year, signaling strong growth momentum. Expenses of $554K left a modest 10% surplus.

Mission

REACH education fund is an organization that provides funds for underprivileged students in Palestine but recently pivoted to supporting students and their families and expanded the relief role to include providing meals, water, clothing, and other essential relief work

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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 $3,910,481
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,910,481

Expense Breakdown

Grants Paid $2,743,294
Salaries & Benefits $237,574
Fundraising Expenses $290,422
Program Expenses $2,743,294
Other Expenses $565,367
TOTAL EXPENSES $3,546,235

Year-over-Year Comparison

2024 2023 Change
Revenue $3,910,481 $1,876,133 +1.1%
Expenses $3,546,235 $1,619,085 +1.2%
Net Income $364,246 $257,048 +0.4%
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
9
Independent Members
9
Employees
3
Volunteers
10

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
1
$125,000
Total Directors
10
$125,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Issam Abu Khater Vice Chairman 5
Director
$0 $0 $0
Jamal Shajaiah Treasurer 5
Director
$0 $0 $0
Mohamad Hamed Secretary 5
Director
$0 $0 $0
Jamal Ayyad Member 5
Director
$0 $0 $0
Maher Arekat Member 5
Director
$0 $0 $0
Hazim Arar Member 5
Director
$0 $0 $0
Dr Islam Younes Member 5
Director
$0 $0 $0
Nawwaf Said Member 5
Director
$0 $0 $0
Haitham Shtaie Member 5
Director
$0 $0 $0
Walid Mizyed Executive Director 40
Officer Director
$125,000 $0 $125,000
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 $3,734,161 $3,369,915 $1,004,036 $364,246
2024 $3,910,481 $3,546,235 $1,003,820 $364,246
2023 $1,876,133 $1,619,085 $639,790 $257,048
2022 $2,066,926 $1,553,451 $411,472 $513,475
2021 $1,150,969 $1,073,631 $259,997 $77,338
2020 $534,185 $918,858 $52,659 $-384,673
2019 $1,248,759 $1,070,240 $38,155 $178,519
2018 $618,522 $554,236 $56,141 $64,286
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