REACH Women's Network

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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

2018

Legal Domicile

Principal Officer

Sue Henderson

Phone

3364065120

Tax Period

2023-01-01 to 2023-12-31

REACH Women's Network, founded in 2018, is a small nonprofit in the Employment sector that reported $224K in total revenue in fiscal year 2023. Revenue surged 178% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 41% operating margin.

Mission

The REACH Womens Network seeks to advance economic development and promote gender equality by elevating the collective voice and influence of working women.

Program Service Accomplishments

Program 1

Expenses: $107,583 Revenue: $138,920

The REACH Womens Network is a group of professional women commited to reaching over, reaching up, reaching out, and reaching back to improve our own lives, lives of women around us, and the...

The REACH Womens Network is a group of professional women commited to reaching over, reaching up, reaching out, and reaching back to improve our own lives, lives of women around us, and the communities in which we live.

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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 $84,606

Program Service Revenue $138,920

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,526

Expense Breakdown

Grants Paid $2,000

Salaries & Benefits $0

Fundraising Expenses $16,075

Program Expenses $107,583

Other Expenses $129,041

TOTAL EXPENSES $131,041

Year-over-Year Comparison

	2023	2022	Change
Revenue	$223,526	$80,444	+1.8%
Expenses	$131,041	$88,041	+0.5%
Net Income	$92,485	$-7,597	-13.2%

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

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
Iris Cole	Co-President	005.00	Officer Director	$0	$0	$0
Julia Townsend	Co-President	020.00	Officer Director	$0	$0	$0
Sue Henderson	Treasurer	001.00	Officer Director	$0	$0	$0
Jennifer Powell	Secretary	001.00	Officer Director	$0	$0	$0
Alison Ashe-Card	Governance Chair	001.00	Director	$0	$0	$0
Shon Gilmore	Member	000.50	Director	$0	$0	$0
Valerie Pasche	Member	000.50	Director	$0	$0	$0
Tiffany Tate	Member	000.50	Director	$0	$0	$0
Katheryn Northington	Member	000.50	Director	$0	$0	$0
Betsy Krug	Member	000.50	Director	$0	$0	$0
Kami Chavis	Member	000.50	Director	$0	$0	$0
Andrea Eastman-Mullins	Member	000.50	Director	$0	$0	$0
Kristy Farewell	Member	000.50	Director	$0	$0	$0
Audrey Johnson	Member	000.50	Director	$0	$0	$0
Mo McRae	Member	000.50	Director	$0	$0	$0
Letitia Wall	Member	000.50	Director	$0	$0	$0
Stephanie Lichiello	Member	000.50	Director	$0	$0	$0
Shinika McKiever	Member	000.50	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
2023	$223,526	$131,041	$138,765	$92,485