Reaching Out Inc (EIN 770323348) - 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

1991

Legal Domicile

Principal Officer

Kurt Foreman

Phone

4082674691

Tax Period

2021-01-01 to 2021-12-31

Reaching Out Inc, founded in 1991, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2021. Revenue fell 74% from the prior year — a significant decline worth monitoring.

Mission

Provided food, clothing, blankets and other items for the economically disadvantaged.

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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 (2021)

Revenue Breakdown

Contributions & Grants $2,111,257

Program Service Revenue $0

Investment Income $0

Other Revenue $3,513

TOTAL REVENUE $2,114,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,046,273

Other Expenses $2,071,404

TOTAL EXPENSES $2,071,404

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,114,770	$8,099,942	-0.7%
Expenses	$2,071,404	$8,032,093	-0.7%
Net Income	$43,366	$67,849	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

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	$2,114,770	$2,071,404	$121,772	$43,366
2021	$68,303	$49,198	$97,513	$19,105
2020	$8,099,942	$8,032,093	$78,671	$67,849
2020	$130,333	$62,483	$78,672	$67,850

Reaching Out Inc