Reaching Out Inc

EIN: 770323348 501(c)(3)

San Jose, CA

Total Revenue
$68,303
Total Expenses
$49,198
Total Assets
$97,513
Net Assets
$97,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CA
Principal Officer
Kurt Foreman
Phone
4082674691
Tax Period
2021-01-01 to 2021-12-31

Reaching Out Inc, founded in 1991, is a micro nonprofit that reported $68K in total revenue in fiscal year 2021. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 28% operating margin.

Mission

Provide food and grocery products to the under reourced in and around San Jose, CA.

Program Service Accomplishments

Program 1
Expenses: $24,067

Provided food and grocery products to the under resourced in and around San Jose, CA. Distributed 2 million pounds of food.

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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 (2021)

Revenue Breakdown

Contributions & Grants $64,790
Program Service Revenue $0
Investment Income $0
Other Revenue $3,513
TOTAL REVENUE $68,303

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,067
Other Expenses $49,198
TOTAL EXPENSES $49,198

Year-over-Year Comparison

2021 2020 Change
Revenue $68,303 $130,333 -0.5%
Expenses $49,198 $62,483 -0.2%
Net Income $19,105 $67,850 -0.7%
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
3
Independent Members
3
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Gunsky SEC/TREAS 0.00
Officer Director
$0 $0 $0
Kurt J Foreman President 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
2021 $68,303 $49,198 $97,513 $19,105
2021 $2,114,770 $2,071,404 $121,772 $43,366
2020 $8,099,942 $8,032,093 $78,671 $67,849
2020 $130,333 $62,483 $78,672 $67,850
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