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)

4 risk indicators measuring financial stability and operational resilience

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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

STUDENT NEEDS COME FIRST AND WILL BE MET THROUGH COLLABORATION. NO REACH NETWORK MEMBER IS BIG ENOUGH TO WORK IN ISOLATION. COMBINED WORK WITH OTHER REACH NETWORK MEMBERS IS GREATER THAN ANYTHING I CAN DO ALONE. WITH TEAMWORK, WE WILL SHARE OUR KNOWLEDGE AND ALWAYS TAKE RESPONSIBILITY FOR HELPING OTHER REACH NETWORK MEMBERS GROW.

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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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