REACH FOR THE STARS FUND INC (EIN 842109090) - 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

2019

Legal Domicile

Principal Officer

ROBERT MATALON

Phone

2123029400

Tax Period

2024-01-01 to 2024-12-31

REACH FOR THE STARS FUND INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $133 in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $4K exceeded revenue, resulting in a 2871% operating deficit.

Mission

TO PROMOTE THE WELFARE, EDUCATION & HEALTH OF NEEDY INDIVIDUALS REGARDLESS OF RACE, RELIGION OR NATIONALITY BY SOLICITING FUNDS AND DONATING GOODS, SERVICES AND FUNDS TO SUCH INDIVIDUALS AS WELL AS OTHER ORGANIZATIONS OR INSTITUTIONS ADVANCING SIMILAR OBJECTIVES, BOTH FOREIGN AND DOMESTIC

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $133

Other Revenue $0

TOTAL REVENUE $133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,951

TOTAL EXPENSES $3,951

Year-over-Year Comparison

	2024	2023	Change
Revenue	$133	$457	-0.7%
Expenses	$3,951	N/A	N/A
Net Income	$-3,818	$457	-9.4%

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

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
ROBERT MATALON	DIRECTOR	1.00	Director	$0	$0	$0
CAREY SUTTON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES SULTAN	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$133	$3,951	$2,332	$-3,818
2023	$457	No data	$6,150	No data
2022	$2,029	$2,054	$5,693	$-25
2021	$1,716	$1,875	$5,718	$-159
2020	$4,779	$1,850	$555,877	$2,929
2019	$3,922	$8,750	$552,948	$-4,828

REACH FOR THE STARS FUND INC