RELIGIOUS EFFORT TO ASSIST AND CARE FOR THE HOMELESS INC (REACH) (EIN 521696683) - 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

1990

Legal Domicile

Principal Officer

JEANNIE ASBURY

Phone

3017332371

Tax Period

2024-07-01 to 2025-06-30

RELIGIOUS EFFORT TO ASSIST AND CARE FOR THE HOMELESS INC (REACH), founded in 1990, is a small nonprofit that reported $837K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE CRISIS INTERVENTION AND COLD WEATHER SHELTER, BY INTERFAITH VOLUNTEERS, TO NEEDY INDIVIDUALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $843,324

Program Service Revenue $0

Investment Income $2,731

Other Revenue $-9,259

TOTAL REVENUE $836,796

Expense Breakdown

Grants Paid $156,159

Salaries & Benefits $476,321

Fundraising Expenses $12,386

Program Expenses $781,714

Other Expenses $194,437

TOTAL EXPENSES $826,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$836,796	$648,683	+0.3%
Expenses	$826,917	$827,364	0.0%
Net Income	$9,879	$-178,681	-1.1%

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

1355

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

$78,643

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNIE ASBURY	EXECUTIVE DI	40.00	Officer	$70,000	$8,643	$78,643
CAROL BRYAN	VICE PRESIDE	7.00	Officer Director	$0	$0	$0
CARLA CHARLES	PAST PRESIDE	4.00	Officer Director	$0	$0	$0
ED DISTAD	TREASURER	9.00	Officer Director	$0	$0	$0
LISA FAITH	DIRECTOR	1.00	Director	$0	$0	$0
CLARENCE HORST	DIRECTOR	2.00	Director	$0	$0	$0
GERRY KENDLE	DIRECTOR	0.00	Director	$0	$0	$0
CARROL LOURIE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE MORGAN	PRESIDENT	3.00	Director	$0	$0	$0
CARROLL SAGER	DIRECTOR	1.00	Officer Director	$0	$0	$0
PENNY THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
JANE WALKLEY	DIRECTOR	2.00	Director	$0	$0	$0
MARY WILFONG	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WILLSON	SECRETARY	3.00	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
2025	$836,796	$826,917	$551,634	$9,879
2024	$648,683	$827,364	$565,839	$-178,681
2023	$912,228	$930,657	$741,887	$-18,429
2022	$937,036	$900,396	$580,755	$36,640
2021	$814,725	$739,307	$533,286	$75,418
2020	$595,745	$642,374	$537,876	$-46,629
2019	$551,136	$578,869	$511,551	$-27,733
2018	$500,083	$522,362	$545,954	$-22,279

RELIGIOUS EFFORT TO ASSIST AND CARE FOR THE HOMELESS INC (REACH)