Reaching Potentials Inc
- Assets
- $47.3k
- Revenue
- $7.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Fredericksburg, VA
- Founding
- 10/1995
- Data as of
- 12/2018
- EIN
- 65-0561870
Organization Overview
Reaching Potentials Inc is located in Fredericksburg, VA. The organization was established in 1995. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2018, Reaching Potentials Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reaching Potentials 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 12/2018, Reaching Potentials Inc generated $7.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (70.1%) each year. All expenses for the organization totaled $82.8k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
SERVING CHILDREN WITH AUTISM AND THEIR FAMILIES TO PROVIDE RESEARCH-BASED SERVICES INCLUDING TRAINING, EARLY INTERVENTION PROGRAMS AND OUTREACH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND OUTREACH SERVICES - CONSULTS WITH CLINICIANS, PARENTS AND EDUCATORS FOR PROGRAM DEVELOPMENT AND DIRECT CARE SERVICES FOR CHILDREN WITH AUTISM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danette M Marks Pres/vp/sec/tr | OfficerTrustee | 0 | $0 |
Lloyd H Colvin Director | Trustee | 0 | $0 |
Nelson F Faro Director | Trustee | 0 | $0 |
Pamela H Gorski Executive Direc | Officer | 15 | $36,904 |
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 | $2,811 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,811 |
| Total Program Service Revenue | $1,928 |
| Investment income | $90 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,984 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,813 |
| 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. | $36,904 |
| Compensation of current officers, directors, key employees. | $27,678 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,361 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $470 |
| Payroll taxes | $3,481 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $150 |
| Fees for services: Accounting | $7,613 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $212 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,035 |
| Travel | $34 |
| 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 | $0 |
| Insurance | $12,622 |
| All other expenses | $440 |
| Total functional expenses | $82,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,315 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15 |
| Total assets | $47,330 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $47,330 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $47,330 |