REACH PREP INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
REACH PREP INC (EIN 06-1438889)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-24
IRS object ID
202510839349301156
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-24T11:57:05-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133628255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONDON O'MEARA MCGINTY & DONNELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZA 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061438889EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1REACH PREP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREACBusinessNameControlTxt
Phone2034870750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1484 PACIFIC STREET GROUND FLOORAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBECKY REISERPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2034870750PhoneNum
Signature2025-03-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerBECKY REISERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1484 PACIFIC STREET GROUND FLOORAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,437,374GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.REACHPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionPROVIDE TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT EMPOWER UNDERSERVED STUDENTSActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee24TotalEmployeeCnt
Total Volunteers23TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,644,088PYContributionsGrantsAmt
CY Contributions Grants$1,926,871CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$53,908PYInvestmentIncomeAmt
CY Investment Income$64,171CYInvestmentIncomeAmt
PY Other Revenue-$196,750PYOtherRevenueAmt
CY Other Revenue-$98,973CYOtherRevenueAmt
PY Total Revenue$1,501,246PYTotalRevenueAmt
CY Total Revenue$1,892,069CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,379,560PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,265,477CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$372,296CYTotalFundraisingExpenseAmt
PY Other Expenses$728,730PYOtherExpensesAmt
CY Other Expenses$793,704CYOtherExpensesAmt
PY Total Expenses$2,108,290PYTotalExpensesAmt
CY Total Expenses$2,059,181CYTotalExpensesAmt
PY Revenues Less Expenses-$607,044PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$167,112CYRevenuesLessExpensesAmt
Total Assets BOY$3,234,540TotalAssetsBOYAmt
Total Assets EOY$3,133,054TotalAssetsEOYAmt
Total Liabilities BOY$308,483TotalLiabilitiesBOYAmt
Total Liabilities EOY$205,796TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,926,057NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,927,258NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$930,749ExpenseAmt
DescMIDDLE, HIGH SCHOOL, AND COLLEGE PROGRAMS AND SERVICES (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$545,612ExpenseAmt
DescRECRUITMENT + PREP ACADEMY (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$128,379ExpenseAmt
DescSUMMER OPPORTUNITIES (SEE SCHEDULE O):Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,604,740TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document15IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee24EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CANDICE CLAWSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2034870750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1484 PACIFIC STREET GROUND FLOORAddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LAUREN O'SHAUGHNESSY
CHAIR2.00Yes (X)Yes (X)$0$0$0
NEIL AUGUSTINE
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
JOHN KIM
TREASURER2.00Yes (X)Yes (X)$0$0$0
SUSAN LEHMAN CARMICHAEL
SECRETARY2.00Yes (X)Yes (X)$0$0$0
DAVID FILIPPELLI
DIRECTOR2.00Yes (X)$0$0$0
SARA BARTOW
DIRECTOR2.00Yes (X)$0$0$0
MARGO COLE
DIRECTOR2.00Yes (X)$0$0$0
LAUREN CORRINET
DIRECTOR2.00Yes (X)$0$0$0
KAREN DONIGER
DIRECTOR2.00Yes (X)$0$0$0
TRACY GROSSMAN
DIRECTOR2.00Yes (X)$0$0$0
BARBARA HARTY
DIRECTOR2.00Yes (X)$0$0$0
NISHA HURST
DIRECTOR2.00Yes (X)$0$0$0
CASSAUNDRA KARNAL
DIRECTOR2.00Yes (X)$0$0$0
JUDY COLLINS
DIRECTOR2.00Yes (X)$0$0$0
NICOLE MITCHELL
DIRECTOR2.00Yes (X)$0$0$0
HEATHER MOSLEY
DIRECTOR2.00Yes (X)$0$0$0
WILLIAM OGDEN
DIRECTOR2.00Yes (X)$0$0$0
JILL PATRICIO
DIRECTOR2.00Yes (X)$0$0$0
JOHN PIKE
DIRECTOR2.00Yes (X)$0$0$0
RODMAN TILT III
DIRECTOR2.00Yes (X)$0$0$0
JEFF VOLLING
DIRECTOR2.00Yes (X)$0$0$0
CYNTHIA LAUTURE
DIRECTOR2.00Yes (X)$0$0$0
KATHRYN SHAW
DIRECTOR2.00Yes (X)$0$0$0
CANDICE CLAWSON
FORMER CEO40.00Yes (X)$170,000$0$19,318
BECKY REISER
DIRECTOR OF EDUCATION40.00$150,500$0$7,116Yes (X)
JILL TUCKER
DIRECTOR OF DEVELOPMENT40.00$161,438$0$21,724Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$481,938TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$48,158TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$485,484FundraisingAmt
All Other Contributions$1,441,387AllOtherContributionsAmt
Noncash Contributions$88,563NoncashContributionsAmt
Total Contributions$1,926,871TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$58,124TotalRevenueColumnAmt
Exclusion$58,124ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$383,309SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$377,262SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$6,047SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,047TotalRevenueColumnAmt
Exclusion$6,047ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$69,070FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$485,484ContriRptFundraisingEventAmt
Fundraising Direct Expenses$168,043FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$98,973TotalRevenueColumnAmt
Exclusion-$98,973ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,892,069TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$34,802ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$198,556TotalAmt
Program Services$144,467ProgramServicesAmt
Management And General$7,000ManagementAndGeneralAmt
Fundraising$47,089FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$878,616TotalAmt
Program Services$638,446ProgramServicesAmt
Management And General$31,080ManagementAndGeneralAmt
Fundraising$209,090FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$45,168TotalAmt
Program Services$33,868ProgramServicesAmt
Management And General$1,462ManagementAndGeneralAmt
Fundraising$9,838FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$48,102TotalAmt
Program Services$36,898ProgramServicesAmt
Management And General$1,450ManagementAndGeneralAmt
Fundraising$9,754FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$95,035TotalAmt
Program Services$70,428ProgramServicesAmt
Management And General$3,184ManagementAndGeneralAmt
Fundraising$21,423FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$857TotalAmt
Program Services$686ProgramServicesAmt
Management And General$171ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$61,773TotalAmt
Program Services$49,418ProgramServicesAmt
Management And General$12,355ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Management And General$10,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,500TotalAmt
Program Services$3,600ProgramServicesAmt
Management And General$900ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$16,110TotalAmt
Program Services$12,079ProgramServicesAmt
Management And General$522ManagementAndGeneralAmt
Fundraising$3,509FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,611TotalAmt
Program Services$13,205ProgramServicesAmt
Management And General$570ManagementAndGeneralAmt
Fundraising$3,836FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$206,780TotalAmt
Program Services$155,046ProgramServicesAmt
Management And General$6,695ManagementAndGeneralAmt
Fundraising$45,039FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$15,041TotalAmt
Program Services$13,627ProgramServicesAmt
Management And General$1,414ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT PROGRAM & SVCS$425,924$425,924
OTHER$35,108$7,048$5,342$22,718

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,059,181TotalAmt
Program Services$1,604,740ProgramServicesAmt
Management And General$82,145ManagementAndGeneralAmt
Fundraising$372,296FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$211,871BOYAmt
EOY$375,749EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$374,810BOYAmt
EOY$228,667EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$215,856BOYAmt
EOY$224,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$14,318BOYAmt
EOY$377EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$56,617LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,626LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$43,037BOYAmt
EOY$21,991EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,166,927BOYAmt
EOY$2,238,077EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$207,721BOYAmt
EOY$44,193EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,234,540BOYAmt
EOY$3,133,054EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$119,723BOYAmt
EOY$80,667EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$98,214EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$188,760BOYAmt
EOY$26,915EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$308,483BOYAmt
EOY$205,796EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,540,544BOYAmt
EOY$2,825,807EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$385,513BOYAmt
EOY$101,451EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,926,057BOYAmt
EOY$2,927,258EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,234,540BOYAmt
EOY$3,133,054EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$167,112ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$168,313NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,600,430CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,529,108CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,521,556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,644,088CurrentTaxYearMinus1YearAmt
Current Tax Year$1,779,134CurrentTaxYearAmt
Total$8,074,316TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,600,430CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,529,108CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,521,556CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,644,088CurrentTaxYearMinus1YearAmt
Current Tax Year$1,779,134CurrentTaxYearAmt
Total$8,074,316TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$533,704SubstantialContributorsTotAmt
Public Support Total170$7,540,612PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$64,922CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,827CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$44,552CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$57,002CurrentTaxYearMinus1YearAmt
Current Tax Year$58,124CurrentTaxYearAmt
Total$257,427TotalAmt
FieldValueIRS element (for citing)
Total Support$8,331,743TotalSupportAmt
Public Support CY1700.90500PublicSupportCY170Pct
Public Support PY1700.90730PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$56,617OtherCostOrOtherBasisAmt
Depreciation$34,626DepreciationAmt
Book Value$21,991BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,991TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$2,148,562TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$168,313NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$98,180DonatedServicesAndUseFcltsAmt
Revenue Not Reported$266,493RevenueNotReportedAmt
Revenue Subtotal$1,882,069RevenueSubtotalAmt
Investment Expenses Not Incld$10,000InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$10,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,892,069TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,147,361TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$98,180DonatedServicesUseFcltsAmt
Expenses Not Reported$98,180ExpensesNotReportedAmt
Expenses Subtotal$2,049,181ExpensesSubtotalAmt
Investment Expenses Not Incld2$10,000InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$10,000ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,059,181TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TENNISEvent1Nm
Gross Receipts Event1$406,817GrossReceiptsEvent1Amt
Charitable Contri Event1$337,747CharitableContriEvent1Amt
Gross Revenue Event1$69,070GrossRevenueEvent1Amt
Rent Facility Costs Event1$50,040RentFacilityCostsEvent1Amt
Food And Beverage Event1$26,000FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$40,983OtherDirectExpensesEvent1Amt
Event2WALK/ RUNEvent2Nm
Gross Receipts Event2$137,267GrossReceiptsEvent2Amt
Charitable Contri Event2$137,267CharitableContriEvent2Amt
Rent Facility Costs Event2$2,837RentFacilityCostsEvent2Amt
Food And Beverage Event2$363FoodAndBeverageEvent2Amt
Entertainment Event2$1,360EntertainmentEvent2Amt
Other Direct Expenses Event2$18,482OtherDirectExpensesEvent2Amt
Other Events Total3OtherEventsTotalCnt
Gross Receipts Other Events$10,470GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$10,470CharitableContriOtherEventsAmt
Rent Fclty Costs Other Events$3,850RentFcltyCostsOtherEventsAmt
Oth Direct Expnss Other Events$24,128OthDirectExpnssOtherEventsAmt
Gross Receipts Total$554,554GrossReceiptsTotalAmt
Charitable Contributions Tot$485,484CharitableContributionsTotAmt
Gross Revenue Total Events$69,070GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$56,727RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$26,363FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,360EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$83,593OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$168,043DirectExpenseSummaryEventsAmt
Net Income Summary-$98,973NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
CANDICE CLAWSON
FORMER CEO$170,000$0$0$0$0$0$7,634$0$11,684$0$189,318$0$0$0
JILL TUCKER
DIRECTOR OF DEVELOPMENT$161,438$0$0$0$0$0$7,633$0$14,091$0$183,162$0$0$0
BECKY REISER
DIRECTOR OF EDUCATION$150,500$0$0$0$0$0$528$0$6,588$0$157,616$0$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$88,563NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III - LINE 1OUR MISSION: REACH PREP PROVIDES ACCESS TO TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT EMPOWER UNDERSERVED, HIGH-ACHIEVING STUDENTS TO GRADUATE FROM TOP COLLEGES AND EMERGE AS THE NEXT GENERATION OF LEADERS. WHAT WE DO: REACH PREP HELPS MOTIVATED AND TALENTED BLACK AND LATINO STUDENTS FROM UNDERSERVED COMMUNITIES IN FAIRFIELD AND WESTCHESTER COUNTIES AND THE BRONX GAIN ADMISSION TO AND THRIVE IN RIGOROUS INDEPENDENT SCHOOLS. UPON PLACEMENT, STUDENTS BENEFIT FROM A 12-YEAR EDUCATIONAL CONTINUUM, INCLUDING COMPREHENSIVE ACADEMIC ENRICHMENT, LEADERSHIP TRAINING AND SUPPLEMENTARY INDIVIDUAL AND FAMILY GUIDANCE, WHICH PREPARES THEM TO SUCCEED AT AND GRADUATE FROM COMPETITIVE COLLEGES. REACH PREP'S MODEL OF ACCESS TO HIGH-QUALITY EDUCATION ALONG WITH SUSTAINED, COMPREHENSIVE, AND LONG-TERM SUPPORT ACHIEVES COLLEGE SUCCESS RATES THAT DEFY TRENDS AND NATIONAL STATISTICS.
FORM 990, PART III, LINE 4AMIDDLE, HIGH SCHOOL, AND COLLEGE PROGRAMS AND SERVICES: REACH PREP PROVIDES ACADEMIC SUPPORT AND ENRICHMENT OPPORTUNITIES IN MIDDLE SCHOOL AND HIGH SCHOOL. A SCHOLAR'S ACADEMIC PROGRESS IS CLOSELY MONITORED AND NURTURED THROUGH PERSONALIZED CONTACT, SCHOOL VISITS AND GRADE LEVEL-SPECIFIC PROGRAMMING. A REACH PREP COUNSELOR SUPPORTS EACH SCHOLAR, IDENTIFYING AREAS IN WHICH REACH PREP CAN PROVIDE INDIVIDUALIZED GUIDANCE AND ACADEMIC SUPPORT SUCH AS TUTORING, TEST PREPARATION, MATH AND WRITING WORKSHOPS AND OTHER CRITICAL SUPPORT THAT PROMOTE SUCCESS. REACH PREP PROVIDES SUPPLEMENTARY AND COMPLIMENTARY COLLEGE GUIDANCE TO ENHANCE THE EXCELLENT COLLEGE GUIDANCE SCHOLARS RECEIVE FROM THEIR INDEPENDENT SCHOOLS. REACH PREP IS COMMITTED TO MAKE CERTAIN EACH SCHOLAR HAS THE BEST COLLEGE OPTIONS SO THAT THE GOAL OF COLLEGE COMPLETION WILL BE MET. SCHOLARS RECEIVE INDIVIDUALIZED AND FAMILY SUPPORT INCLUDING ASSISTANCE WITH THE APPLICATION PROCESS, SAT/ACT TEST AND INTERVIEW PREPARATION, COLLEGE CAMPUS TOURS, NAVIGATING THE FINANCIAL AID PROCESS, AND ULTIMATELY MAKING THE OPTIMAL COLLEGE CHOICE. REACH PREP'S GOAL IS TO PROVIDE ONGOING GUIDANCE FOR COLLEGE STUDENTS TO MAXIMIZE THEIR SUCCESS IN THEIR ACADEMIC AND PROFESSIONAL PURSUITS. REACH PREP ASSISTS COLLEGE SCHOLARS WITH RESUME PREPARATION, CAREER COUNSELING, NAVIGATING ACADEMIC RESOURCES, REFERRALS, AND PROFESSIONAL INTERNSHIPS. REACH PREP COLLEGE STUDENTS ARE ALSO INVITED TO RETURN AS INTERNS IN OUR OFFICE OR AS PREP ACADEMY SUMMER ADVISORS.
FORM 990, PART III, LINE 4BRECRUITMENT + PREP ACADEMY PROGRAM: REACH PREP IDENTIFIES HIGH-ACHIEVING, MOTIVATED BLACK AND LATINO FOURTH GRADE STUDENTS FROM UNDERSERVED COMMUNITIES IN FAIRFIELD AND WESTCHESTER COUNTIES AND THE BRONX. EACH YEAR, APPROXIMATELY 20 STUDENTS ARE ACCEPTED TO REACH PREP TO BEGIN THEIR 12-YEAR JOURNEY THROUGH OUR PROGRAM. THE NEWLY ACCEPTED COHORT ATTEND PREP ACADEMY, A RIGOROUS 15-MONTH ACADEMIC PROGRAM. PREP ACADEMY OFFERS ACADEMIC ENRICHMENT TAUGHT BY INDEPENDENT SCHOOL FACULTY. THIS INTENSIVE, INTERDISCIPLINARY PROGRAM IS DESIGNED TO PREPARE STUDENTS FOR THE ACADEMIC ENVIRONMENT THEY WILL ENCOUNTER WHEN ADMITTED TO AN INDEPENDENT SCHOOL. CLASSES MIRROR THE SMALL SIZE, ACCELERATED PACE AND HIGH EXPECTATIONS TYPICAL OF INDEPENDENT SCHOOL EDUCATION. PREP ACADEMY CLASSES MEET MONDAY THROUGH FRIDAY FOR SIX WEEKS DURING THE SUMMER AFTER FOURTH GRADE, AND THE SUMMER AFTER 5TH GRADE. THROUGHOUT THE FIFTH GRADE, REACH PREP GUIDES EACH FAMILY THROUGH THE INDEPENDENT SCHOOL ADMISSIONS PROCESS. THIS INCLUDES ASSISTANCE WITH THE APPLICATION, PREPARING SCHOLARS FOR THE INTERVIEW PROCESS, ISEE TESTING, AS WELL AS HELP WITH THE FINANCIAL AID APPLICATION.
FORM 990, PART III, LINE 4CSUMMER OPPORTUNITIES: REACH PREP STRIVES TO PROVIDE CONSTRUCTIVE AND ENRICHING SUMMER EXPERIENCES FOR SCHOLARS. THROUGH REACH PREP FACILITATED PROGRAMS AND SUMMER OPPORTUNITIES OFFERED BY GENEROUS PARTNERS, OUR GOAL IS TO PROVIDE TRANSFORMATIVE, AND OTHERWISE UNOBTAINABLE, EXPERIENCES FOR PERSONAL GROWTH, EARLY CAREER EXPLORATION, AND ACADEMIC ENRICHMENT. THE TYPES OF SUMMER OPPORTUNITIES REACH PREP OFFERS INCLUDE CAMPING, ARTS, OUTDOOR LEADERSHIP, VOLUNTEER ABROAD, INTERNSHIPS AND PRE-COLLEGIATE EXPERIENCES.
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEE CAN ACT ON BEHALF OF THE GOVERNING BODY, EXCEPT IF A RESOLUTION IS ADOPTED BY A MAJORITY OF THE DIRECTORS AND DOCUMENTED IN SUBSEQUENT BOARD MEETING MINUTES.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 IS REVIEWED BY THE GOVERNING BOARD OF DIRECTORS OF REACH PREP, INC. PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CREACH PREP REQUIRES ALL DIRECTORS AND KEY EMPLOYEES TO READ THE CONFLICT OF INTEREST POLICY AND SIGN THE DISCLOSURE STATEMENT ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15REACH PREP'S COMPENSATION COMMITTEE IS COMPOSED OF THE BOARD OF DIRECTORS' CHAIR, TREASURER AND SECRETARY WHO REVIEW AND APPROVE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND STAFF.
FORM 990, PART VI, SECTION C, LINE 19REACH PREP'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.