REACH COMMUNITY DEVELOPMENT CORPORATION

EIN: 475264827 501(c)(3)

PHILADELPHIA, PA

Total Revenue
$495
Total Expenses
$36,138
Total Assets
$1,389,817
Net Assets
$1,389,725
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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
PA
Principal Officer
JOEL BARNABY
Phone
2679096330
Tax Period
2020-01-01 to 2020-12-31

REACH COMMUNITY DEVELOPMENT CORPORATION, founded in 2015, is a micro nonprofit that reported $495 in total revenue in fiscal year 2020. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 7201% operating deficit.

Mission

REACH COMMUNITY DEVELOPMENT CORPORATION IS AN ORGANIZATION THAT PROMOTES SAFE AND COMPASSIONATE ENVIRONMENTS WHERE INDIVIDUALS SUFFERING FROM ADDICTIVE BEHAVIORS CAN RECEIVE THE TOOLS THEY NEED TO ACHIEVE BALANCE WITH THE INTEGRATION OF BODY, MIND AND SPIRIT THAT IS REQUIRED FOR TOTAL HEALING AND WELLNESS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $495
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $495

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $36,138
TOTAL EXPENSES $36,138

Year-over-Year Comparison

2020 2019 Change
Revenue $495 $903 -0.5%
Expenses $36,138 $35,784 +0.0%
Net Income $-35,643 $-34,881 +0.0%
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
1
Independent Members
1
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOEL BARNABY SOLE DIRECTOR AND PRESIDEN 0.00
Officer 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
2020 $495 $36,138 $1,389,817 $-35,643
2019 $903 $35,784 $1,425,368 $-34,881
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