REACHING HIGHER NEW HAMPSHIRE INC

EIN: 474397833 501(c)(3) Education

CONCORD, NH

Total Revenue
$434,231
Total Expenses
$378,654
Total Assets
$351,041
Net Assets
$344,475
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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
NH
Principal Officer
ADAM RUEDIG
Phone
6038602389
Tax Period
2023-01-01 to 2023-12-31

REACHING HIGHER NEW HAMPSHIRE INC, founded in 2015, is a small nonprofit in the Education sector that reported $434K in total revenue in fiscal year 2023. Expenses of $379K left a modest 13% surplus.

Mission

REACHING HIGHER NH'S MISSION IS TO PROVIDE ALL NEW HAMPSHIRE CHILDREN WITH THE OPPORTUNITY TO PREPARE FOR COLLEGE, FOR IMMEDIATE CAREERS, AND FOR THE CHALLENGES AND OPPORTUNITIES OF LIFE IN 21ST CENTURY NH, BY SERVING AS A PUBLIC EDUCATION POLICY AND COMMUNITY ENGAGEMENT RESOURCE FOR NEW HAMPSHIRE FAMILIES, EDUCATORS, AND ELECTED OFFICIALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $424,181
Program Service Revenue $10,050
Investment Income $0
Other Revenue $0
TOTAL REVENUE $434,231

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,854
Fundraising Expenses $0
Program Expenses $232,639
Other Expenses $127,800
TOTAL EXPENSES $378,654

Year-over-Year Comparison

2023 2022 Change
Revenue $434,231 $427,632 +0.0%
Expenses $378,654 $440,620 -0.1%
Net Income $55,577 $-12,988 -5.3%
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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Governance

Voting Members
9
Independent Members
9
Employees
6
Volunteers
11

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
5
$115,995
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAWN NITICHAN EMERITUS 1.00
Director
$0 $0 $0
ADAM RUEDIG CHAIR 2.00
Officer Director
$0 $0 $0
ALAN L REISCHE EMERITUS 1.00
Director
$0 $0 $0
THOMAS D RATH EMERITUS 1.00
Director
$0 $0 $0
ASHLEY MAJOR TREASURER 2.00
Officer Director
$0 $0 $0
HEIDI CRUMRINE SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH LAHEY VICE CHAIR 1.00
Officer Director
$0 $0 $0
LOWELL MATTHEWS MEMBER 1.00
Director
$0 $0 $0
MISTY CROMPTON MEMBER 1.00
Director
$0 $0 $0
NICOLE HEIMARCK EXECUTIVE DIRECTOR 55.00
Officer
$115,995 $0 $115,995
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 $434,231 $378,654 $351,041 $55,577
2022 $427,632 $440,620 $291,924 $-12,988
2021 $438,980 $421,072 $306,089 $17,908
2020 $383,239 $535,946 $291,670 $-152,707
2019 $755,067 $572,036 $443,092 $183,031
2018 $543,527 $563,188 $259,684 $-19,661
2017 $463,586 $502,120 $284,931 $-38,534
2016 $661,100 $349,251 $318,130 $311,849
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