REAP INC (EIN 931315162) - 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

2001

Legal Domicile

Principal Officer

LEVELL THOMAS

Tax Period

2024-07-01 to 2025-06-30

REAP INC, founded in 2001, is a community nonprofit in the Human Services sector that reported $5.2M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $6.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

REAP IS A YEAR ROUND MULTICULTURAL YOUTH LEADERSHIP PROGRAM COMMITTED TO EMPOWERING THE NEXT WAVE OF LEADERS. REAP IS A PROACTIVE PROGRAM THAT IGNITES AND ELEVATES ALL STUDENTS TO BE GLOBAL LEADERS.

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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 $4,741,561

Program Service Revenue $0

Investment Income $139,668

Other Revenue $350,738

TOTAL REVENUE $5,231,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,580,600

Fundraising Expenses $0

Program Expenses $5,020,990

Other Expenses $2,524,184

TOTAL EXPENSES $6,104,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,231,967	$5,885,411	-0.1%
Expenses	$6,104,784	$4,866,337	+0.3%
Net Income	$-872,817	$1,019,074	-1.9%

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

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

$337,200

Total Directors

$168,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEVELL THOMAS	PRESIDENT/CE	40.00	Officer Director	$168,600	$0	$168,600
MARK JACKSON	EXECUTIVE DI	40.00	Officer	$168,600	$0	$168,600
DR KOFFI DESSOU	DIRECTOR	2.00	Director	$0	$0	$0
JODI HACK	DIRECTOR	2.00	Director	$0	$0	$0
DR WILLIAMS JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
TYRONE POOLE	DIRECTOR	2.00	Director	$0	$0	$0
MIKE RICHARDSON	DIRECTOR	2.00	Director	$0	$0	$0
DR DONN SPIGHT	DIRECTOR	2.00	Director	$0	$0	$0
REIKO WILLIAMS	CHAIRPERSON	2.00	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	$5,231,967	$6,104,784	$7,623,311	$-872,817
2024	$5,885,411	$4,866,337	$8,681,313	$1,019,074
2023	$4,427,959	$3,468,098	$6,789,973	$959,861
2022	$4,117,146	$2,690,337	$5,748,728	$1,426,809
2021	$3,090,783	$2,442,525	$4,332,484	$648,258

REAP INC