ERIK WEIHENMAYER REACH FOUNDATION INC (EIN 473765765) - Form 990 Financial Analysis & Trantor Score

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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

ERIK WEIHENMAYER

Phone

3032739076

Tax Period

2023-01-01 to 2023-12-31

ERIK WEIHENMAYER REACH FOUNDATION INC, founded in 2015, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $85K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $76K left a modest 11% surplus.

Mission

TO MAKE DONATIONS TO QUALIFIED SECTION 501(c)(3) CHARITIES WHICH HAVE AS THEIR GOALS:1. TO HELP PEOPLE LIVE BETTER AND HELP THEM REACH THEIR INDIVIDUAL GOALS;2. WHICH ENDOW SCHOLARSHIPS TO ENABLE LESS-ADVANTAGED PEOPLE TO LIVE BETTER AND REACH THEIR INDIVIDUAL GOALS;3. TO ASSIST THOSE PEOPLE WHO HAVE GREATER NEEDS AND CHALLENGES IN REACHING THEIR GOALS, FOR EXAMPLE, DISABLED PERSONS, VETERANS, ETC.

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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 $85,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $85,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,777

Other Expenses $75,777

TOTAL EXPENSES $75,777

Year-over-Year Comparison

	2023	2022	Change
Revenue	$85,000	$50,675	+0.7%
Expenses	$75,777	$47,440	+0.6%
Net Income	$9,223	$3,235	+1.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK WEIHENMAYER	PRESIDENT	2.00	Officer Director	$0	$0	$0
SKYLER WILLIAMS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KIM JOHNSON	TRUSTEE	0.00	Director	$0	$0	$0
NIC SKORSKI	TRUSTEE	0.00	Director	$0	$0	$0
JEFF EVANS	TRUSTEE	0.00	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	$85,000	$75,777	$44,599	$9,223
2022	$50,675	$47,440	$35,239	$3,235
2021	$31,650	$10,899	$31,667	$20,751
2020	$49,600	$63,144	$10,916	$-13,544
2019	$81,676	$124,379	$24,460	$-42,703
2018	$84,697	$113,265	$67,163	$-28,568

ERIK WEIHENMAYER REACH FOUNDATION INC