Reach Training Inc
- Assets
- $639.7k
- Revenue
- $257.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Spicewood, TX
- Founding
- Data as of
- 12/2021
- EIN
- 85-3934892
Organization Overview
Reach Training Inc is located in Spicewood, TX.
For the year ending 12/2021, Reach Training Inc generated $257.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.6%) each year. All expenses for the organization totaled $141.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
REACH TRAINING DEVELOPS AND OFFERS TAILORED, SPORT SPECIFIC PHYSICAL TRAINING PROGRAMS AND INSTRUCTION TO MIDDLE AND HIGH SCHOOL AGE STUDENTS FROM LOW INCOME HOUSEHOLDS WHO DEMONSTRATE THE DESIRE FOR HIGH LEVEL ATHLETIC ACHIEVEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandon Butler Vice President | 40 | $41,760 | |
Steven Hamner President | 40 | $28,390 | |
Lindsay Hamner Secretary/treasury | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $257,050 |
| Interest on Savings | $109 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $257,159 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,150 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,936 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,459 |
| Printing and publications | $0 |
| Other expenses | $37,160 |
| Total operating and administrative expenses | $124,036 |
| Contributions, gifts, grants paid | $17,003 |
| Total expenses and disbursements | $141,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $639,632 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $64 |
| Total assets | $639,696 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,563 |
| Total liabilities | $4,563 |
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