REACH PREP INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
REACH PREP INC (EIN 06-1438889)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-05-07
IRS object ID
202431289349300608
Schema version
2022v5.0
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)
Return2024-05-07T09:03:14-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

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 Begin2022-07-01TaxPeriodBeginDt

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 Line1ONE DOCK STREET 100AddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBECKY REISERPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2034870750PhoneNum
Signature2024-05-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBECKYPersonFirstNm
Person LastREISERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBECKY REISERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DOCK STREET 100AddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,736,926GrossReceiptsAmt
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 Employee32TotalEmployeeCnt
Total Volunteers26TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,521,556PYContributionsGrantsAmt
CY Contributions Grants$1,644,088CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$27,119PYInvestmentIncomeAmt
CY Investment Income$53,908CYInvestmentIncomeAmt
PY Other Revenue$364,929PYOtherRevenueAmt
CY Other Revenue-$196,750CYOtherRevenueAmt
PY Total Revenue$1,913,604PYTotalRevenueAmt
CY Total Revenue$1,501,246CYTotalRevenueAmt
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$1,220,234PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,379,560CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$314,970CYTotalFundraisingExpenseAmt
PY Other Expenses$707,624PYOtherExpensesAmt
CY Other Expenses$728,730CYOtherExpensesAmt
PY Total Expenses$1,927,858PYTotalExpensesAmt
CY Total Expenses$2,108,290CYTotalExpensesAmt
PY Revenues Less Expenses-$14,254PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$607,044CYRevenuesLessExpensesAmt
Total Assets BOY$3,630,678TotalAssetsBOYAmt
Total Assets EOY$3,234,540TotalAssetsEOYAmt
Total Liabilities BOY$181,057TotalLiabilitiesBOYAmt
Total Liabilities EOY$308,483TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$3,449,621NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,926,057NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,253,495ExpenseAmt
DescMIDDLE, HIGH SCHOOL, AND COLLEGE PROGRAMS AND SERVICES (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$232,439ExpenseAmt
DescADMISSION AND PREP ACADEMY PROGRAM (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$172,969ExpenseAmt
DescSUMMER OPPORTUNITIES (SEE SCHEDULE O):Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,658,903TotalProgramServiceExpensesAmt
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 AssetsYes (1)ReportOtherAssetsInd
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
Employee32EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Line1ONE DOCK STREET 100AddressLine1Txt
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
STEPHEN TOY
TREASURER2.00Yes (X)Yes (X)$0$0$0
JUDY COLLINS
SECRETARY2.00Yes (X)Yes (X)$0$0$0
LISA ARGRETTE AHMAD
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
JOHN KIM
DIRECTOR2.00Yes (X)$0$0$0
SUSAN LEHMAN
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
DIRECTOR2.00Yes (X)$0$0$0
JEFF VOLLING
DIRECTOR2.00Yes (X)$0$0$0
CYNTHIA LAUTURE
EX-OFFICIO2.00Yes (X)$0$0$0
MICHAEL WIRTZ
EX-OFFICIO2.00Yes (X)$0$0$0
GINA LUCAS
CEO (END DATE 9/22)40.00Yes (X)$159,672$0$17,075
CANDICE CLAWSON
CEO (AS OF 9/23)40.00Yes (X)$64,103$0$0
JILL TUCKER
DIRECTOR OF DEVELOPMENT40.00$121,442$0$6,838Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$345,217TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$23,913TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$661,888FundraisingAmt
All Other Contributions$982,200AllOtherContributionsAmt
Noncash Contributions$55,845NoncashContributionsAmt
Total Contributions$1,644,088TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$57,002TotalRevenueColumnAmt
Exclusion$57,002ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$934,176SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$937,270SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$3,094SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$3,094TotalRevenueColumnAmt
Exclusion-$3,094ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$101,660FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$661,888ContriRptFundraisingEventAmt
Fundraising Direct Expenses$298,410FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$196,750TotalRevenueColumnAmt
Exclusion-$196,750ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,501,246TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$142,842ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$166,148TotalAmt
Program Services$125,418ProgramServicesAmt
Management And General$9,934ManagementAndGeneralAmt
Fundraising$30,796FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,017,982TotalAmt
Program Services$768,429ProgramServicesAmt
Management And General$60,864ManagementAndGeneralAmt
Fundraising$188,689FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$35,816TotalAmt
Program Services$27,036ProgramServicesAmt
Management And General$2,141ManagementAndGeneralAmt
Fundraising$6,639FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$58,843TotalAmt
Program Services$44,419ProgramServicesAmt
Management And General$3,518ManagementAndGeneralAmt
Fundraising$10,906FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,771TotalAmt
Program Services$76,067ProgramServicesAmt
Management And General$6,025ManagementAndGeneralAmt
Fundraising$18,679FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$846TotalAmt
Program Services$677ProgramServicesAmt
Management And General$169ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$67,078TotalAmt
Program Services$53,662ProgramServicesAmt
Management And General$13,416ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,070TotalAmt
Management And General$10,070ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$19,678TotalAmt
Program Services$15,742ProgramServicesAmt
Management And General$3,936ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$27,501TotalAmt
Program Services$20,759ProgramServicesAmt
Management And General$1,644ManagementAndGeneralAmt
Fundraising$5,098FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,519TotalAmt
Program Services$18,508ProgramServicesAmt
Management And General$1,466ManagementAndGeneralAmt
Fundraising$4,545FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$197,231TotalAmt
Program Services$150,065ProgramServicesAmt
Management And General$11,503ManagementAndGeneralAmt
Fundraising$35,663FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$16,898TotalAmt
Program Services$13,518ProgramServicesAmt
Management And General$3,380ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT PROGRAM & SVCS$314,757$314,757
OTHER$50,152$29,846$6,351$13,955

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,108,290TotalAmt
Program Services$1,658,903ProgramServicesAmt
Management And General$134,417ManagementAndGeneralAmt
Fundraising$314,970FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$467,149BOYAmt
EOY$211,871EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$660,778BOYAmt
EOY$374,810EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$230,193BOYAmt
EOY$215,856EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$21,932BOYAmt
EOY$14,318EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$91,933LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$48,896LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$25,207BOYAmt
EOY$43,037EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,206,458BOYAmt
EOY$2,166,927EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$18,961BOYAmt
EOY$207,721EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,630,678BOYAmt
EOY$3,234,540EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$181,057BOYAmt
EOY$119,723EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
EOY$188,760EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$181,057BOYAmt
EOY$308,483EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,767,171BOYAmt
EOY$2,540,544EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$682,450BOYAmt
EOY$385,513EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,449,621BOYAmt
EOY$2,926,057EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,630,678BOYAmt
EOY$3,234,540EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$607,044ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$83,480NetUnrlzdGainsLossesInvstAmt
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$1,138,789CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,600,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,529,108CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,521,556CurrentTaxYearMinus1YearAmt
Current Tax Year$1,644,088CurrentTaxYearAmt
Total$7,433,971TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,138,789CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,600,430CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,529,108CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,521,556CurrentTaxYearMinus1YearAmt
Current Tax Year$1,644,088CurrentTaxYearAmt
Total$7,433,971TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$432,590SubstantialContributorsTotAmt
Public Support Total170$7,001,381PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$83,800CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$64,922CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,827CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$44,552CurrentTaxYearMinus1YearAmt
Current Tax Year$57,002CurrentTaxYearAmt
Total$283,103TotalAmt
FieldValueIRS element (for citing)
Total Support$7,717,074TotalSupportAmt
Public Support CY1700.90730PublicSupportCY170Pct
Public Support PY1700.72950PublicSupportPY170Pct
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$91,933OtherCostOrOtherBasisAmt
Depreciation$48,896DepreciationAmt
Book Value$43,037BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$43,037TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSIT$18,961
ROU ASSET OPERATING LEASE$188,760
FieldValueIRS element (for citing)
Total Book Value Other Assets$207,721TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$1,746,466TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$83,480NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$171,810DonatedServicesAndUseFcltsAmt
Revenue Not Reported$255,290RevenueNotReportedAmt
Revenue Subtotal$1,491,176RevenueSubtotalAmt
Investment Expenses Not Incld$10,070InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$10,070RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,501,246TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,270,030TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$171,810DonatedServicesUseFcltsAmt
Expenses Not Reported$171,810ExpensesNotReportedAmt
Expenses Subtotal$2,098,220ExpensesSubtotalAmt
Investment Expenses Not Incld2$10,070InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$10,070ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,108,290TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1LUNCHEONEvent1Nm
Gross Receipts Event1$282,754GrossReceiptsEvent1Amt
Charitable Contri Event1$242,754CharitableContriEvent1Amt
Gross Revenue Event1$40,000GrossRevenueEvent1Amt
Rent Facility Costs Event1$43,724RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$29,669OtherDirectExpensesEvent1Amt
Event2MASQUERADEEvent2Nm
Gross Receipts Event2$221,558GrossReceiptsEvent2Amt
Charitable Contri Event2$186,498CharitableContriEvent2Amt
Gross Revenue Event2$35,060GrossRevenueEvent2Amt
Rent Facility Costs Event2$35,953RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$28,663OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Other Events$259,236GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$232,636CharitableContriOtherEventsAmt
Gross Revenue Other Events$26,600GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$37,955RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$10,868FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$111,578OthDirectExpnssOtherEventsAmt
Gross Receipts Total$763,548GrossReceiptsTotalAmt
Charitable Contributions Tot$661,888CharitableContributionsTotAmt
Gross Revenue Total Events$101,660GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$117,632RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$10,868FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$169,910OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$298,410DirectExpenseSummaryEventsAmt
Net Income Summary-$196,750NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Independent ConsultantYes (X)IndependentConsultantInd
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

FieldValueIRS element (for citing)
PersonGINA LUCASPersonNm
TitleCEO (END DATE 9/22)TitleTxt
Base Compensation Filing Org$159,672BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$10,162DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$6,913NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$176,747TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution7ContributionCnt
Noncash Contributions Rpt F990$55,845NoncashContributionsRptF990Amt
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 4BADMISSION AND 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.

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