Reach Inc
- Assets
- $135.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 27-5065466
Organization Overview
Reach Inc is located in Roanoke, VA. The organization was established in 2011. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. 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 12/2021, Reach Inc generated $99.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $132.8k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUMMER CAMP PROGRAMS THAT WORK TO HELP REAL ESTATE PROJECTSIN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Kennedy Chariman | 5 | $0 | |
John Budd Treasurer | 5 | $0 | |
Bob Clement Director | 5 | $0 | |
Cindy Meyer Director | 5 | $0 | |
Luke Young Director | 5 | $0 | |
Brian Abel Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,604 |
| Total Program Service Revenue | $47,759 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,363 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,318 |
| Professional fees and other payments to independent contractors | $1,606 |
| Occupancy, rent, utilities, and maintenance | $1,467 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,428 |
| Total expenses | $132,819 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,148 |
| Other assets | $0 |
| Total assets | $135,746 |
| Total liabilities | $60,334 |
| Net assets or fund balances | $75,412 |