REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) (EIN 541918686) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

JENNIFER GOFF

Phone

7576274722

Tax Period

2024-07-01 to 2025-06-30

REACH FOUNDATION INC (READING ENRICHES ALL CHILDREN), founded in 1998, is a small nonprofit in the Education sector that reported $321K in total revenue in fiscal year 2017. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $94K, a strong 29% operating margin.

Mission

THE MISSION OF REACH, INC. (READING ENRICHES ALL CHILDREN) IS TO PROMOTE LITERACY FOR CHILDREN WHO ARE AT-RISK AND HOMELESS THROUGHOUT COASTAL VIRGINIA.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $963,231

Program Service Revenue $10,901

Investment Income $9

Other Revenue $201,436

TOTAL REVENUE $1,175,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $251,000

Fundraising Expenses $4,052

Program Expenses $1,133,794

Other Expenses $909,989

TOTAL EXPENSES $1,160,989

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,175,577	$1,992,287	-0.4%
Expenses	$1,160,989	$2,034,728	-0.4%
Net Income	$14,588	$-42,441	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

650

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

$69,221

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER GOFF	EXECUTIVE DI	40.00	Director	$69,221	$0	$69,221
ELIZABETH UFKES	PRESIDENT	20.00	Officer Director	$0	$0	$0
MARTY SHARPE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MINDY GUMPERT	SECRETARY	2.00	Officer Director	$0	$0	$0
LAUREN HILL	TREASURER	2.00	Officer Director	$0	$0	$0
JACKIE GLASS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX DEPAULA	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTIAN PONCE	BOARD MEMBER	1.00	Director	$0	$0	$0
VALERIE WILLIAMSTON	BOARD MEMBER	1.00	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
2025	$1,175,577	$1,160,989	$2,128,452	$14,588
2024	No data	No data	No data	No data
2023	$1,409,025	$1,334,485	$2,017,316	$74,540
2022	$1,867,848	$1,919,224	$1,550,873	$-51,376
2021	$670,333	$660,492	$511,783	$9,841
2020	$456,143	$492,639	$385,517	$-36,496
2019	$478,762	$498,730	$287,506	$-19,968
2018	$320,742	$227,117	$198,817	$93,625

REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)