Reach Inc
- Assets
- $8.2m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 130
- Location
- Plymouth, MA
- Founding
- 07/1987
- Data as of
- 06/2023
- EIN
- 04-2979594
Organization Overview
Reach Inc is located in Plymouth, MA. The organization was established in 1987. According to its NTEE Classification (F80) the organization is classified as: Mental Health Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2023, Reach Inc employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Reach Inc generated $7.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $6.2m during the year ending 06/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
REACH, INC. PROVIDES RECREATION AND CHALLENGES TO DEVELOPMENTALLY DISABLED ADULTS THROUGH RESIDENTIAL, DAY AND INDIVIDUAL SUPPORT
Describe the Organization's Program Activity:
PROGRAM # 1 & 2 - THE ORGANIZATION PROVIDES 24 HOUR RESIDENTIAL SUPPORT FOR THIRTY ONE (31) DEVELOPMENTALLY DISABLED ADULTS AT ELEVEN (11) LOCATIONS IN THE COMMUNITY
PROGAMS # 6 AND # 7 - THE ORGANIZATION PROVIDES INDIVIDUAL EMPLOYEMENT SUPPORT AND TRANSPORTATION FOR TWENTY ONE (21) DEVELOPMENTALLY DISABLED ADULTS AT ONE LOCATION IN THE COMMUNITY.
PROGRAM # 3 & 4-THE ORGANIZATION PROVIDES IN HOUSE SUPPORT SERVICES FOR THIRTY ONE (31) DEVELOPMENTALLY DISABLED ADULTS AT TWENTY TWO (22) LOCATIONS IN THE COMMUNITY.
PROGAM #5- THE ORGANIZATION PROVIDES COMMUNITY DAY SUPPORT FOR TWENTY EIGHT (28) DEVELOPMENTALLY DISABLED ADULTS AT ONE LOCATION IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Starvish Director | Trustee | 0 | $0 |
Peter Coffman President | OfficerTrustee | 40 | $115,650 |
Maureen Doherty Treasurer/clerk | Trustee | 0 | $0 |
Marion Lauper Board Chairperson | Trustee | 0 | $0 |
Judy Mccormack Clerk | Trustee | 0 | $0 |
Chris Lavin Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,326 |
| Total Program Service Revenue | $7,726,042 |
| Investment income | $8,411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $45,630 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,793,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,579,777 |
| Compensation of current officers, directors, key employees. | $449,033 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $328,173 |
| Payroll taxes | $429,209 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,505 |
| Fees for services: Accounting | $26,574 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $240,046 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $397,580 |
| Travel | $153,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $264,445 |
| Insurance | $74,372 |
| All other expenses | $0 |
| Total functional expenses | $6,182,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $153,537 |
| Savings and temporary cash investments | $1,766,029 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $621,409 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $85,656 |
| Net Land, buildings, and equipment | $5,540,166 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,600 |
| Total assets | $8,170,397 |
| Accounts payable and accrued expenses | $490,125 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,152,800 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $70,057 |
| Total liabilities | $2,712,982 |
| Net assets without donor restrictions | $5,457,415 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,170,397 |