REACHING CHAMPIONS JOINING HEARTS INC

EIN: 880842119 501(c)(3) Education

Wichita, KS

Total Revenue
$2,959,147
Total Expenses
$3,706,384
Total Assets
$266,181
Net Assets
$266,181
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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
2022
Legal Domicile
KS
Tax Period
2023-01-01 to 2023-12-31

REACHING CHAMPIONS JOINING HEARTS INC, founded in 2022, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Expenses of $3.7M exceeded revenue, resulting in a 25% operating deficit.

Mission

THE ORGANIZATION IS DEDICATED TO CREATING OPPORTUNITIES THAT WILL PROVIDE FINANCIAL AND ACADEMIC SUPPORT FOR COLLEGE STUDENTS INVOLVED IN NCAA ATHLETIC COMPETITION

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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 $2,936,005
Program Service Revenue $0
Investment Income $23,142
Other Revenue $0
TOTAL REVENUE $2,959,147

Expense Breakdown

Grants Paid $2,382,541
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,009,156
Other Expenses $1,323,843
TOTAL EXPENSES $3,706,384

Year-over-Year Comparison

2023 2022 Change
Revenue $2,959,147 N/A N/A
Expenses $3,706,384 N/A N/A
Net Income $-747,237 N/A N/A
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
4
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE ROBBEN DIRECTOR SECRETARY 1.00
Director
$0 $0 $0
RYAN BATY DIRECTOR 1.00
Director
$0 $0 $0
MATT BATY DIRECTOR PRESIDENT 1.00
Director
$0 $0 $0
ANDREW FRIEZE DIRECTOR TREASURER 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
2023 $2,959,147 $3,706,384 $266,181 $-747,237
2022 $1,923,973 $910,555 $1,013,418 $1,013,418
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