REACH PREP INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
REACH PREP INC (EIN 06-1438889)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-03-10
IRS object ID
202010709349301411
Schema version
2018v3.1
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)
Return2020-03-10T16:38:04-05:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

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 PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

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 NO 100AddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGINA LUCASPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone2034870750PhoneNum
Signature2020-03-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES J REILLYPreparerPersonNm
PTINP00183769PTIN
Phone2126617777PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.74.172.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-03-10IPDt
IP Tm16:38:00IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdC6559D2F2D9E916EF7F955BDA2CCEAE3D9F52865AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-22 18:59:49ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGINA LUCASPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DOCK STREET NO 100AddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,396,873GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.REACHPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTO PREPARE ACADEMICALLY GIFTED AND MOTIVATED STUDENTS FROM UNDERSERVED COMMUNITIES FOR ADMISSION INTO AND SUCCESS IN INDEPENDENT SCHOOLS AND COLLEGES.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers21TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,175,113PYContributionsGrantsAmt
CY Contributions Grants$1,165,892CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$928,631PYInvestmentIncomeAmt
CY Investment Income$122,039CYInvestmentIncomeAmt
PY Other Revenue$93,405PYOtherRevenueAmt
CY Other Revenue$176,205CYOtherRevenueAmt
PY Total Revenue$4,197,149PYTotalRevenueAmt
CY Total Revenue$1,464,136CYTotalRevenueAmt
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$1,065,058PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,093,314CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$162,747CYTotalFundraisingExpenseAmt
PY Other Expenses$598,478PYOtherExpensesAmt
CY Other Expenses$980,267CYOtherExpensesAmt
PY Total Expenses$1,663,536PYTotalExpensesAmt
CY Total Expenses$2,073,581CYTotalExpensesAmt
PY Revenues Less Expenses$2,533,613PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$609,445CYRevenuesLessExpensesAmt
Total Assets BOY$4,935,452TotalAssetsBOYAmt
Total Assets EOY$4,304,115TotalAssetsEOYAmt
Total Liabilities BOY$26,565TotalLiabilitiesBOYAmt
Total Liabilities EOY$92,698TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$4,908,887NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,211,417NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,210,618ExpenseAmt
DescMIDDLE, HIGH SCHOOL, AND COLLEGE PROGRAMS AND SERVICES (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$409,050ExpenseAmt
DescADMISSION AND PREP ACADEMY PROGRAM (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$145,991ExpenseAmt
DescSUMMER OPPORTUNITIES (SEE SCHEDULE O):Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,765,659TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document24IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee23EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
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 Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GINA LUCASBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2034870750PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE DOCK STREET NO 100AddressLine1Txt
CitySTAMFORDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06902ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
KEITH D GROSSMAN
CHAIR2.00Yes (X)Yes (X)$0$0$0
SUZANNE S CABOT
VICE CHAIR2.00Yes (X)Yes (X)$0$0$0
PAUL L TRIGGIANI
TREASURER2.00Yes (X)Yes (X)$0$0$0
CAROLYN SAUNDERS
SECRETARY2.00Yes (X)Yes (X)$0$0$0
NEIL A AUGUSTINE
DIRECTOR2.00Yes (X)$0$0$0
MAXINE K ARMSTRONG
DIRECTOR2.00Yes (X)$0$0$0
KIM JEFFERY
DIRECTOR2.00Yes (X)$0$0$0
KIMBERLY CLARKE
DIRECTOR2.00Yes (X)$0$0$0
TRISH DAVIES
DIRECTOR2.00Yes (X)$0$0$0
CAROLYN S WIENER
DIRECTOR2.00Yes (X)$0$0$0
BETSY O'REILLY
DIRECTOR2.00Yes (X)$0$0$0
RODMAN TILT III
DIRECTOR2.00Yes (X)$0$0$0
HEATHER MOSLEY
DIRECTOR2.00Yes (X)$0$0$0
LISA A AHMAD
DIRECTOR2.00Yes (X)$0$0$0
JUDITH COLLINS
DIRECTOR2.00Yes (X)$0$0$0
ALEXANDRE BETTAMIO
DIRECTOR2.00Yes (X)$0$0$0
LAUREN WALSH
DIRECTOR2.00Yes (X)$0$0$0
GINA LUCAS
CHIEF EXECUTIVE OFFICER40.00Yes (X)$155,185$0$18,309
LYNN SORENSEN
DIRECTOR OF EDUCATION40.00$115,364$0$19,207Yes (X)
ROSA ORTIZ
DIRECTOR OF ADMINISTRATION OF FINANCE40.00$102,278$0$10,561Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$372,827TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$48,077TotalOtherCompensationAmt
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$448,993FundraisingAmt
All Other Contributions$716,899AllOtherContributionsAmt
Noncash Contributions$95,030NoncashContributionsAmt
Total Contributions$1,165,892TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$83,800TotalRevenueColumnAmt
Exclusion$83,800ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$790,736SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$752,497SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$38,239SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,239TotalRevenueColumnAmt
Exclusion$38,239ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$356,445FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$448,993ContriRptFundraisingEventAmt
Fundraising Direct Expenses$180,240FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$176,205TotalRevenueColumnAmt
Exclusion$176,205ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,464,136TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$298,244ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$193,577TotalAmt
Program Services$154,862ProgramServicesAmt
Management And General$25,165ManagementAndGeneralAmt
Fundraising$13,550FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$723,083TotalAmt
Program Services$612,509ProgramServicesAmt
Management And General$41,877ManagementAndGeneralAmt
Fundraising$68,697FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$35,323TotalAmt
Program Services$27,659ProgramServicesAmt
Management And General$4,982ManagementAndGeneralAmt
Fundraising$2,682FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$57,663TotalAmt
Program Services$46,735ProgramServicesAmt
Management And General$7,107ManagementAndGeneralAmt
Fundraising$3,821FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$83,668TotalAmt
Program Services$66,934ProgramServicesAmt
Management And General$10,877ManagementAndGeneralAmt
Fundraising$5,857FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$802TotalAmt
Program Services$459ProgramServicesAmt
Management And General$71ManagementAndGeneralAmt
Fundraising$272FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$37,713TotalAmt
Program Services$21,554ProgramServicesAmt
Management And General$3,355ManagementAndGeneralAmt
Fundraising$12,804FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$21,724TotalAmt
Management And General$21,724ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$59,833TotalAmt
Program Services$34,196ProgramServicesAmt
Management And General$5,323ManagementAndGeneralAmt
Fundraising$20,314FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$38,275TotalAmt
Program Services$32,076ProgramServicesAmt
Management And General$2,749ManagementAndGeneralAmt
Fundraising$3,450FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$92,255TotalAmt
Program Services$83,029ProgramServicesAmt
Management And General$4,613ManagementAndGeneralAmt
Fundraising$4,613FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$183,434TotalAmt
Program Services$153,719ProgramServicesAmt
Management And General$13,174ManagementAndGeneralAmt
Fundraising$16,541FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,573TotalAmt
Program Services$4,915ProgramServicesAmt
Management And General$1,658ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT PROGRAM AND SER$494,267$494,267
OTHER$35,245$32,745$2,500
FUNDRAISING$10,146$10,146

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,073,581TotalAmt
Program Services$1,765,659ProgramServicesAmt
Management And General$145,175ManagementAndGeneralAmt
Fundraising$162,747FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$257,034BOYAmt
EOY$290,202EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,167,699BOYAmt
EOY$3,167,699EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$27,350BOYAmt
EOY$52,986EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,525BOYAmt
EOY$12,400EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$38,654LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$12,499LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$11,895BOYAmt
EOY$26,155EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,445,988BOYAmt
EOY$735,712EOYAmt

Other Assets Total OtherAssetsTotalGrp

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

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,935,452BOYAmt
EOY$4,304,115EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$26,565BOYAmt
EOY$92,698EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$26,565BOYAmt
EOY$92,698EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,010,787BOYAmt
EOY$2,678,553EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,898,100BOYAmt
EOY$1,532,864EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,908,887BOYAmt
EOY$4,211,417EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,935,452BOYAmt
EOY$4,304,115EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$609,445ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$88,025NetUnrlzdGainsLossesInvstAmt
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$1,577,550CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,063,932CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,040,464CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,175,113CurrentTaxYearMinus1YearAmt
Current Tax Year$1,138,789CurrentTaxYearAmt
Total$7,995,848TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,577,550CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,063,932CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,040,464CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,175,113CurrentTaxYearMinus1YearAmt
Current Tax Year$1,138,789CurrentTaxYearAmt
Total$7,995,848TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,309,021SubstantialContributorsTotAmt
Public Support Total170$5,686,827PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,687CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$42,672CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,406CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,623CurrentTaxYearMinus1YearAmt
Current Tax Year$83,800CurrentTaxYearAmt
Total$287,188TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,230CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,665CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47CurrentTaxYearMinus2YearsAmt
Total$4,942TotalAmt
FieldValueIRS element (for citing)
Total Support$8,287,978TotalSupportAmt
Public Support CY1700.68620PublicSupportCY170Pct
Public Support PY1700.64040PublicSupportPY170Pct
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$38,654OtherCostOrOtherBasisAmt
Depreciation$12,499DepreciationAmt
Book Value$26,155BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$26,155TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,354,387TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$88,025NetUnrealizedGainsInvstAmt
Revenue Not Reported-$88,025RevenueNotReportedAmt
Revenue Subtotal$1,442,412RevenueSubtotalAmt
Investment Expenses Not Incld$21,724InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$21,724RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,464,136TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,051,857TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$2,051,857ExpensesSubtotalAmt
Investment Expenses Not Incld2$21,724InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$21,724ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,073,581TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL BENEFIT LUNCHEONEvent1Nm
Gross Receipts Event1$378,917GrossReceiptsEvent1Amt
Charitable Contri Event1$224,376CharitableContriEvent1Amt
Gross Revenue Event1$154,541GrossRevenueEvent1Amt
Rent Facility Costs Event1$9,411RentFacilityCostsEvent1Amt
Food And Beverage Event1$37,609FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$16,156OtherDirectExpensesEvent1Amt
Event2NYC EVENING EVENTEvent2Nm
Gross Receipts Event2$361,084GrossReceiptsEvent2Amt
Charitable Contri Event2$204,542CharitableContriEvent2Amt
Gross Revenue Event2$156,542GrossRevenueEvent2Amt
Non Cash Prizes Event2$27,743NonCashPrizesEvent2Amt
Rent Facility Costs Event2$7,822RentFacilityCostsEvent2Amt
Food And Beverage Event2$22,785FoodAndBeverageEvent2Amt
Entertainment Event2$900EntertainmentEvent2Amt
Other Direct Expenses Event2$18,408OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$65,437GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$20,075CharitableContriOtherEventsAmt
Gross Revenue Other Events$45,362GrossRevenueOtherEventsAmt
Food And Beverage Other Events$17,635FoodAndBeverageOtherEventsAmt
Entertainment Other Events$7,084EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$14,687OthDirectExpnssOtherEventsAmt
Gross Receipts Total$805,438GrossReceiptsTotalAmt
Charitable Contributions Tot$448,993CharitableContributionsTotAmt
Gross Revenue Total Events$356,445GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$27,743NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$17,233RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$78,029FoodAndBeverageTotalEventsAmt
Entertainment Total Events$7,984EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$49,251OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$180,240DirectExpenseSummaryEventsAmt
Net Income Summary$176,205NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
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
TitleCHIEF EXECUTIVE OFFICERTitleTxt
Base Compensation Filing Org$155,185BaseCompensationFilingOrgAmt
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$9,520DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$8,789NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$173,494TotalCompensationFilingOrgAmt
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$67,927NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 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 PROMOTES 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 FOAL 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 EXPERIENCE FOR SCHOLARS. THROUGH REACH PREP FACILITATED PROGRAMS AND SUMMER OPPORTUNITIES, OUR GOAL IS TO PROVIDE TRANSFORMATIVE, AND OTHERWISE UNOBTAINABLE, EXPERIENCES FOR PERSONAL GROWTH, EARLY CAREER EXPLORATION, AND ACADEMIC ENRICHMENT. REACH PREP'S OFFERS THE SUMMER TEAMBUILDING ADVENTURE RETREAT (STAR) FOR MIDDLE SCHOOL SCHOLARS, TO WORK AS A TEAM TO DEVELOP LEADERSHIP SKILLS WHILE EXPLORING NATURE. IT ALSO INCLUDES AN ACADEMIC COMPONENT DESIGNED TO ENCOURAGE THE STUDENTS TO THINK HARD AND ASK BIG QUESTIONS. RISING UPPER SCHOOL STUDENTS PARTICIPATE IN THE SYMPOSIUM, A THREE-WEEK PROGRAM DESIGNED TO PREPARE THEM FOR SUCCESS IN SECONDARY SCHOOL. SCHOLARS ENGAGE IN SUBJECT MATTER DESIGNED TO DEVELOP AND NURTURE THINKING, READING AND WRITING SKILLS.
FORM 990, PART VI, SECTION A, LINE 2SUZANNE SAMMIS CABOT, VICE-CHAIR HAS A FAMILY RELATIONSHIP WITH RODMAN TILT, III, DIRECTOR.
FORM 990, PART VI, SECTION A, LINE 8BOPEN ITEM - PLEASE PROVIDE NARRATIVE.
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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