REACH Women's Network

EIN: 831574715 501(c)(3) Employment

Winston Salem, NC

Total Revenue
$223,526
Total Expenses
$131,041
Total Assets
$138,765
Net Assets
$131,806
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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
NC
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.

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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 (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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
86

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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
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
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