CHARLESTON, WV
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE REACH INITIATIVE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $181K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $431K exceeded revenue, resulting in a 138% operating deficit.
TO PROVIDE COLLABORATIVE COMMUNITY SUPPORT FOR JUSTICE IMPACTED PEOPLE, TO ADDRESS REENTRY BARRIERS, COORDINATE RELATED SERVICES AND RESOURCES, WHILE EMPOWERING THESE INDIVIDUALS TO BECOME CRIMINAL JUSTICE REFORM LEADERS AND ORGANIZERS IN THEIR COMMUNITIES, REGIONS, STATE, AND NATIONALLY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $180,808 | $637,126 | -0.7% |
| Expenses | $431,038 | $486,367 | -0.1% |
| Net Income | $-250,230 | $150,759 | -2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MELANIE DANIELSON | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOMINIQUE KIRL | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISHA SPEARS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDA HUFFMAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BETSY JIVIDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANNALEE KURI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER SORG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRYSTAL LIVELY THOMPSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLOTTE WEBB | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AMBER BLANKENSHIP | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAITLIN JIVIDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEVERLY SHARP | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$82,534 | $0 | $82,534 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $180,808 | $431,038 | $298,653 | $-250,230 |
| 2023 | $637,126 | $486,367 | $551,360 | $150,759 |
| 2022 | $771,415 | $387,040 | $392,655 | $384,375 |
Compare THE REACH INITIATIVE INC with other nonprofits in West Virginia and across the country.