KLAMATH FALLS, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)REACH QALICB INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $186K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $494K exceeded revenue, resulting in a 165% operating deficit.
THE CORPORATION IS ORGANIZED AND MUST BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REACH, INC., AN OREGON NONPROFIT CORPORATION ("REACH"), WHICH IS EXEMPT FROM FEDERAL INCOME TAX AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
REACH QALICB, INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF REACH, INC., AN OREGON NONPROFIT CORPORATION. REACH QALICB, INC.'S PURPOSE IS TO HOLD, IMPROVE, AND LEASE REAL PROPERTY TO...
REACH QALICB, INC. IS ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF REACH, INC., AN OREGON NONPROFIT CORPORATION. REACH QALICB, INC.'S PURPOSE IS TO HOLD, IMPROVE, AND LEASE REAL PROPERTY TO REACH, INC. IN FURTHERANCE OF ITS NONPROFIT PURPOSE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $186,292 | $144,000 | +0.3% |
| Expenses | $493,811 | $493,545 | +0.0% |
| Net Income | $-307,519 | $-349,545 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREG STATHOS | TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK MILNER | SECRETARY/PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEITH STOTTS | ASSISTANT TO TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| JESSIE OATES | PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $186,292 | $493,811 | $7,205,704 | $-307,519 |
| 2023 | $144,000 | $493,545 | $7,287,088 | $-349,545 |
| 2022 | $144,000 | $492,329 | $6,886,841 | $-348,329 |
| 2021 | $144,000 | $492,211 | $6,926,455 | $-348,211 |
| 2020 | $144,000 | $489,689 | $7,001,235 | $-345,689 |
| 2019 | $153,214 | $413,721 | $7,212,750 | $-260,507 |
| 2018 | $419,744 | $37,195 | $7,726,825 | $382,549 |
Compare REACH QALICB INC with other nonprofits in Oregon and across the country.