REACH QALICB INC (EIN 821096766) - 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

2017

Legal Domicile

Principal Officer

PATRICK MILNER

Phone

5418878663

Tax Period

2023-07-01 to 2024-06-30

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.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $186,292

Investment Income $0

Other Revenue $0

TOTAL REVENUE $186,292

Expense Breakdown

Grants Paid $129,724

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $432,820

Other Expenses $364,087

TOTAL EXPENSES $493,811

Year-over-Year Comparison

	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%

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	Role	Reportable Comp	Other Comp	Total
GREG STATHOS	TREASURER	Officer Director	$0	$0	$0
PATRICK MILNER	SECRETARY/PRESIDENT	Officer Director	$0	$0	$0
KEITH STOTTS	ASSISTANT TO TREASURER	Officer Director	$0	$0	$0
JESSIE OATES	PRESIDENT	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
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

REACH QALICB INC