REACH FAMILY SERVICES INC

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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

2015

Legal Domicile

Principal Officer

OCTAVIO SASTRE

Phone

6025129000

Tax Period

2023-01-01 to 2023-12-31

REACH FAMILY SERVICES INC, founded in 2015, is a community nonprofit in the Mental Health sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $230K, a strong 19% operating margin.

Mission

TO ASSIST PARENTS AND GUARDIANS OF CHILDREN WITH MENTAL ILLNESS SO THAT THEY MAY UNDERSTAND THEIR CHILDS ILLNESS AND LEARN METHODS TO BETTER SUPPORT THEM.

Program Service Accomplishments

Program 1

Expenses: $760,172 Revenue: $1,190,614

REACH FAMILY SERVICES HAS ACCOMPLISHED SEVERAL THINGS OVER THE LAST YEAR. WE ARE VERY PROUD OF WHAT WE HAVE DONE SO FAR AND ARE EXCITED TO CONTINUE GROWING AND IMPROVING. THE BOYS YOUTH RETREAT IN...

REACH FAMILY SERVICES HAS ACCOMPLISHED SEVERAL THINGS OVER THE LAST YEAR. WE ARE VERY PROUD OF WHAT WE HAVE DONE SO FAR AND ARE EXCITED TO CONTINUE GROWING AND IMPROVING. THE BOYS YOUTH RETREAT IN MARCH 2024 WAS NOT JUST AN EVENT, BUT A TRANSFORMATIVE EXPERIENCE. THROUGH ACTIVE PARTICIPATION, THE BOYS HONED THEIR SOCIAL SKILLS, ACCOUNTABILITY, INTEGRITY, AND TEAMWORK. THIS LED TO A SIGNIFICANT POSITIVE CHANGE IN THEIR LIVES, UNDERSCORING THE EFFECTIVENESS AND IMPACT OF OUR PROGRAMS. OUR YOUTH HAD A REMARKABLE OPPORTUNITY TO PARTICIPATE IN THE NATIONAL CONFERENCE IN NOVEMBER 2023. WITH 22 PARTICIPANTS, INCLUDING 2 MOMS, 10 STAFF, 2 BOARD MEMBERS, AND 8 YOUTH, THE EVENT WAS A PLATFORM FOR LEARNING AND GROWTH. THEY ACQUIRED VALUABLE SKILLS SUCH AS RESPONSIBILITY, TEAMWORK, SOCIAL SKILLS, BUDGETING FOR FOOD, AND INDEPENDENT LIVING, ENHANCING THEIR PERSONAL AND PROFESSIONAL DEVELOPMENT.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,190,614

Investment Income $2,468

Other Revenue $0

TOTAL REVENUE $1,193,082

Expense Breakdown

Grants Paid $3,525

Salaries & Benefits $683,685

Fundraising Expenses $6,320

Program Expenses $760,172

Other Expenses $275,992

TOTAL EXPENSES $963,202

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,193,082	$869,801	+0.4%
Expenses	$963,202	$767,510	+0.3%
Net Income	$229,880	$102,291	+1.2%

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

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

$132,311

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OCTAVIO G SASTRE	CEO	050.00	Officer	$126,353	$5,958	$132,311
DAVID JEFFERSON	PRESIDENT	001.00	Officer Director	$0	$0	$0
SHERRI CANDELARIA	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
ERIKA DE LA ROSA	SECRETARY	001.00	Officer Director	$0	$0	$0
PAM LYONS	TREASURER	001.00	Officer Director	$0	$0	$0
LILLIAN ARMSTRONG	DIRECTOR	001.00	Director	$0	$0	$0
MARTIN CORDOVA	DIRECTOR	001.00	Director	$0	$0	$0
JOHN CADORETTE	DIRECTOR	001.00	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	No data	No data	No data	No data
2023	$1,193,082	$963,202	$724,033	$229,880
2022	$869,801	$767,510	$494,517	$102,291
2021	$570,991	$503,244	$390,744	$67,747
2020	$543,658	$518,846	$323,265	$24,812
2019	$495,935	$523,543	$305,123	$-27,608
2018	$453,252	$406,513	$339,007	$46,739
2017	$589,101	$366,664	$284,520	$222,437