2019-11-14T12:51:54-08:00 2017-12-31 132696850 Gruber Palumberi Raffaele Fried CPAs PC 7 Penn Plaza Suite 310 New York NY 10001 990 2017-01-01 010599150 REACHING U A FOUNDATION FOR URUGUAY REAC 7862522428 PO BOX 729 NEW YORK NY 10108 FERNANDA GULIAK Executive Director 2019-11-14 true ROBERT L MANGER P01593286 2125860800 2017 2020-03-31 21:24:44Z X FERNANDA GULIAK 4663607 false false X WWW.REACHINGU.ORG X 2001 NY TO PROMOTE INITIATIVES AND STRENGTHEN ORGANIZATIONS THAT OFFER EDUCATIONAL OPPORTUNITIES SO THAT ALL URUGUAYANS LIVING IN POVERTY CAN DEVELOP THEIR FULL POTENTIAL. 14 14 0 100 0 1756081 4570931 0 6 6 -101674 -92813 1654413 4478124 2112932 3060185 0 194579 213265 0 62751 51038 63051 2358549 3336501 -704136 1141623 1512972 2609125 87588 42118 1425384 2567007 THE MISSION OF REACHING U IS TO PROMOTE INITIATIVES AND STRENGTHEN ORGANIZATIONS THAT OFFER EDUCATIONAL OPPORTUNITIES SO THAT ALL URUGUAYANS LIVING IN POVERTY CAN DEVELOP THEIR FULL POTENTIAL. false false 3168914 3060185 PROVIDED DONATIONS TO VARIOUS EDUCATIONAL AND MEDICAL FACILITIES IN URUGUAY TO FUND: TEACHERS AND PSYCHOLOGISTS FOR AFTER-SCHOOL ACTIVITES FOR STUDENTS, WORKSHOPS FOR TEENAGERS, CERTAIN MEDICAL PROJECTS, IMPROVEMENT OF FACILITIES, UPGRADING EQUIPMENT AND REPAIRING INFRASTRUCTURE. 3168914 true true false false false false false false false false false false false false false true true false false true true true false false true false false false false false false false false false false false false false false false false true true false false false false false false false true 0 0 false 0 false false false true OC false false false true true false 0 false false false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false NY X X X THE ORGANIZATION 7862522428 PO BOX 729 NEW YORK NY 10108 CARLOS E MARTINEZ VICE CHAIRMAN 3.00 0.00 X X 0 0 0 ANA INES BALSA Director 1.00 0.00 X 0 0 0 INES BONICELLI Director 1.00 0.00 X 0 0 0 CLARA GIAMBRUNO Director 1.00 0.00 X 0 0 0 PABLO HABERER Chairman 2.00 0.00 X X 0 0 0 BEATRIZ PONCE DE LEON Director 1.00 0.00 X 0 0 0 FEDERICO RAVAZZANI Director 1.00 0.00 X 0 0 0 GABRIEL ROZMAN Director 1.00 0.00 X 0 0 0 RICARDO SALMON Director 1.00 0.00 X 0 0 0 NICOLAS SEIGAL Treasurer 3.00 0.00 X X 0 0 0 ALVARO STAINFELD Director 1.00 0.00 X 0 0 0 NICOLAS STANHAM Director 1.00 0.00 X 0 0 0 ROMAN VINOLY VICE CHAIRMAN 3.00 0.00 X X 0 0 0 ROBERT WEISZ Director 1.00 0.00 X 0 0 0 FERNANDA GULIAK Executive Dir. 40.00 0.00 X 87523 0 0 87523 0 false false false 0 659725 3911206 208555 4570931 0 6 6 0 0 0 0 92670 659725 185483 -92813 0 0 OTHER INCOME 900099 0 4478124 6 0 0 3060185 3060185 0 87523 43763 21880 21880 0 104778 52380 26199 26199 0 0 20964 10488 5238 5238 0 0 28120 28120 0 0 0 15826 15826 6451 6451 150 150 0 0 0 2834 2834 0 297 297 0 0 0 0 BANK CHARGE & PROCESSING FEES 5435 300 2152 2983 MISCELLANEOUS 1798 1798 LICENSES AND FEES 948 948 TELEPHONE & INTERNET 645 645 547 547 3336501 3168914 104836 62751 1370508 2528395 25720 0 0 90480 68730 0 0 0 0 26264 0 0 0 0 0 0 12000 1512972 2609125 87588 42118 87588 42118 X 1246616 1491059 178768 1075948 1425384 2567007 1512972 2609125 1141623 X false true X true false X 494978 5609646 1667087 1756081 4570931 14098723 126000 114300 131726 104247 92670 568943 0 0 0 620978 5723946 1798813 1860328 4663601 14667666 59950 198000 134271 115545 105420 613186 101200 96204 785438 937777 3671782 5592401 161150 294204 919709 1053322 3777202 6205587 8462079 25 39 3 6 6 79 0 25 39 3 6 6 79 0 5567 3 4604 10174 621003 5729552 1798819 1864938 4663607 14677919 0.57650 0.74030 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 4706017 42410 185483 227893 4478124 4478124 3564394 42410 185483 227893 3336501 3336501 Part X : FIN48 Footnote Reaching U has adopted Accounting Standards Codification 740 ("ASC 740") "Income Taxes." ASC 740 requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of ASC 740 did not have an impact on the foundation's tax-exempt status or on its financial statements. Reaching U currently has procedures in place to ensure the maintenance of its tax-exempt status. These include identifying and reporting unrelated business income, determining and meeting its filing and tax obligations in jurisdictions in which it operates. The organization's management does not believe its financial statements include any uncertain tax positions.Reaching U's Forms 990, Return of Organization Exempt for Income Tax, for the years ended December 31, 2014, 2015, and 2016, are subject to examination by the IRS, generally for three years after they were filed. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 FUNDRAISING EVENTS DIRECT EXPENSES $185483 Part XII, Line 2d: Other expenses and losses per audited F/S FUNDRAISING EVENTS DIRECT EXPENSES $185483 true SOUTH AMERICA 0 0 GRANT TO RECIPIENTS 3060185 SOUTH AMERICA 1 5 PROGRAM SERVICES SALARIES AND RELATED COSTS 213265 SOUTH AMERICA 0 0 PROGRAM SERVICES TRAVEL EXPENSES 2834 SOUTH AMERICA 0 0 FUNDRAISING 80404 SOUTH AMERICA 0 0 PROGRAM SERVICES BANK FEES 891 SOUTH AMERICA 0 0 PROGRAM SERVICES CONSULTING 7954 SOUTH AMERICA 0 0 PROGRAM SERVICES OTHERS 55 1 5 1 5 3365588 3365588 SOUTH AMERICA SEE PART V 10534 WIRE XFER SOUTH AMERICA SEE PART V 12848 WIRE XFER SOUTH AMERICA SEE PART V 15404 WIRE XFER SOUTH AMERICA SEE PART V 19500 WIRE XFER SOUTH AMERICA SEE PART V 20000 WIRE XFER SOUTH AMERICA SEE PART V 22416 WIRE XFER SOUTH AMERICA SEE PART V 23000 WIRE XFER SOUTH AMERICA SEE PART V 23500 WIRE XFER SOUTH AMERICA SEE PART V 2435807 WIRE XFER SOUTH AMERICA SEE PART V 27881 WIRE XFER SOUTH AMERICA SEE PART V 29500 WIRE XFER SOUTH AMERICA SEE PART V 35000 WIRE XFER SOUTH AMERICA SEE PART V 36200 WIRE XFER SOUTH AMERICA SEE PART V 39138 WIRE XFER SOUTH AMERICA SEE PART V 45939 WIRE XFER SOUTH AMERICA SEE PART V 49787 WIRE XFER SOUTH AMERICA SEE PART V 59458 WIRE XFER SOUTH AMERICA SEE PART V 6000 WIRE XFER SOUTH AMERICA SEE PART V 62544 WIRE XFER SOUTH AMERICA SEE PART V 64000 WIRE XFER SOUTH AMERICA SEE PART V 7600 WIRE XFER SOUTH AMERICA SEE PART V 8252 WIRE XFER 22 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US The projects supported by Reaching U are all located in Uruguay and ran by public and private organizations.- In Uruguay, Reaching U's staff as well our team of volunteers conducts the evaluations of the projects. The projects financed by Reaching U are selected following a thorough evaluation process and approved by our board at the end of the year. - We also receive "earmarked donations" to support specific projects selected by the donor, within Reaching U's mission.- All projects in our portfolio, whether selected by Reaching U or by the donor, are assigned to a person in charge, in many cases volunteers, who monitors their performance. - Once the project is selected and approved by the board, an agreement is signed between the Reaching U and the grantee in which the objectives, budget, and compliance terms are established.- When the term of the agreement for the project ends, a final analysis to assess the use of funds and compliance with objectives is done. X X X X false NEW YORK 436692 396092 40600 15000 41934 7935 31413 MONTEVIDEO 214575 174465 40110 6964 31475 24070 3 101128 89168 11960 9004 17688 752395 659725 92670 30968 73409 7935 73171 185483 -92813 X 39 146660 AUCTION VALUE X 11475 AUCTION VALUE X 6065 FMV X VACATION RENTAL 18 14740 FMV X REST/EXPERIENCE 34 7515 FMV X OTHER 3 10100 FMV X ARTWORK-AUCTION 1 12000 FMV false false false Form 990, Part VI, Line 11b: Form 990 Review Process The organization's Form 990 is reviewed and approved at board meetings before the documents are filed with the IRS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Reaching U's conflicts of interest policy is set forth in its bylaws. Board members and officers are aware of our conflicts of interest policy and the board members are reminded of it annually at a board meeting. On matters up for approval by the board of directors or its executive committee, a conflicted board member is required to recuse himself/herself. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management It is analyzed and approved by the board members during Board meetings. Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection REACHING U'S FORM 990 ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGaNIZATION'S AUDITED FINANCIAL STATEMENTS AS WELL AS Governing documents are made available to the public UPON WRITTEN REQUEST. Amended Explanation TO REFLECT CHANGES MADE TO THE FINANCIAL STATEMENTS AFTER THE ORIGINAL RETURN WAS FILED.