REACH NETWORK

EIN: 842207234 501(c)(3)

MIDLAND, TX

Total Revenue
$307,506
Total Expenses
$313,218
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
SHELLY HANEY
Phone
4322408629
Tax Period
2023-07-01 to 2024-06-30

REACH NETWORK, founded in 2019, is a small nonprofit that reported $308K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum.

Mission

ALL REACH NETWORK STUDENTS AND STAFF WILL ACHIEVE AT HIGH LEVELS.

Program Service Accomplishments

Program 1
Expenses: $154,689

THE REACH NETWORK WILL PROVIDE A PK-8 CONTINUUM SUCH THAT STUDENTS RECEIVE TIER ONE INSTRUCTION AT A HIGHER LEVEL SO THAT PREREQUISITE GAPS DO NOT STACK UP YEAR AFTER YEAR. THROUGH REGULAR FORMATIVE...

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THE REACH NETWORK WILL PROVIDE A PK-8 CONTINUUM SUCH THAT STUDENTS RECEIVE TIER ONE INSTRUCTION AT A HIGHER LEVEL SO THAT PREREQUISITE GAPS DO NOT STACK UP YEAR AFTER YEAR. THROUGH REGULAR FORMATIVE ASSESSMENT OF IDENTIFIED ESSENTIAL SKILLS, STUDENTS WILL IMMEDIATELY BE PLACED IN A FLUID SYSTEM OF TIER II INTERVENTION AS NEEDED TO ADDRESS DEFICIENCIES AS THEY ARISE. STUDENTS WHO STILL HAVE MULTI-YEAR GAPS WILL BE PLACED IN AN INTENSIVE TIER III INTERVENTION PROGRAM UNTIL THOSE GAPS ARE FILLED. FOR STUDENTS WHO ARE EXCEEDING EXPECTATIONS, THIS TIME IS USED FOR EXTENSION AND ENRICHMENT. THIS MULTI-LEVEL SYSTEM HAPPENS DURING THE SCHOOL DAY OUTSIDE THE REGULAR CLASS PERIODS. THROUGH COLLABORATION BETWEEN BOTH CAMPUSES IN THE REACH NETWORK ON INSTRUCTION, PROFESSIONAL DEVELOPMENT, AND CURRICULUM, STUDENTS WILL START AND EXIT THE NETWORK EVEN MORE READY FOR THE VARIOUS HIGH SCHOOL OPTIONS MIDLAND ISD HAS TO OFFER.THE REACH NETWORK'S FAMILY TIME PROGRAM IS ALSO A UNIQUE PART OF OUR WORK. EVERY ADULT HAS A GROUP OF 13-15 STUDENTS KNOWN AS THEIR FAMILY GROUP. FAMILY GROUPS MEET WEEKLY AND THAT ADULT SERVES AS A MENTOR AND ADVOCATE FOR THEIR MEMBERS OF THEIR FAMILY GROUP. ADULTS REVIEW GRADES, KEEP STUDENTS INFORMED ABOUT CAMPUS INFORMATION, AND MAKE SURE THEY UNDERSTAND WHERE THEY WILL REPORT FOR INTERVENTION/ENRICHMENT DURING THAT WEEK. SCHOOL WIDE LESSONS OVER GROWTH MINDSET, CHARACTER EDUCATION, AND OTHER TOPICS ARE ALSO EXECUTED DURING FAMILY TIME. THE FAMILY TIME LEADER SERVES AS "ONE MORE PERSON" EACH STUDENT HAS SHOULD THEY NEED ANYTHING SOCIALLY, EMOTIONALLY, OR ACADEMICALLY.WE WILL BETTER PREPARE STUDENTS FOR HIGH SCHOOL BY HAVING THEM FOLLOW A CONSISTENT TRACK OF EXPECTATIONS IN REGARDS TO INSTRUCTION, INTERVENTION, AND ENRICHMENT OF THE ENTIRE PK-8 EXPERIENCE. THIS COMBINED WITH AN EMPHASIS ON BUILDING POSITIVE RELATIONSHIPS BETWEEN THE SCHOOL STAFF AND STUDENTS HAS ALREADY PROVEN EFFECTIVE ON ONE OF THE TWO SCHOOLS IN THE NETWORK.

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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 $300,000
Program Service Revenue $0
Investment Income $0
Other Revenue $7,506
TOTAL REVENUE $307,506

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,509
Fundraising Expenses $0
Program Expenses $154,689
Other Expenses $151,709
TOTAL EXPENSES $313,218

Year-over-Year Comparison

2023 2022 Change
Revenue $307,506 $202,011 +0.5%
Expenses $313,218 $218,324 +0.4%
Net Income $-5,712 $-16,313 -0.6%
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
5
Independent Members
5
Employees
1
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
3
$133,789
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHELLY HANEY Executive Dir. 40.00
Officer
$133,789 $0 $133,789
ASHLEY COLQUITT Director 1.00
Director
$0 $0 $0
DENISE MALM Director 1.00
Director
$0 $0 $0
SUSANNAH PRUCKA President 1.00
Officer Director
$0 $0 $0
BRIAN STUBBS Secretary/Treas 1.00
Officer Director
$0 $0 $0
ME'ESTA WRIGHT 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
2024 $307,506 $313,218 No data $-5,712
2023 $202,011 $218,324 $46,135 $-16,313
2022 $200,000 $163,083 $52,461 $36,917
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