REACH PREP INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
REACH PREP INC (EIN 06-1438889)
Tax period
2024-07-01 to 2025-06-30
Filed
2026-04-02
IRS object ID
202610929349300116
Schema version
2024v5.5
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)
Return2026-04-02T09:02:37-05:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

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 Begin2024-07-01TaxPeriodBeginDt

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
Signature2026-03-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
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$3,457,181GrossReceiptsAmt
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 Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers19TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,926,871PYContributionsGrantsAmt
CY Contributions Grants$2,486,190CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$64,171PYInvestmentIncomeAmt
CY Investment Income$108,949CYInvestmentIncomeAmt
PY Other Revenue-$98,973PYOtherRevenueAmt
CY Other Revenue-$145,382CYOtherRevenueAmt
PY Total Revenue$1,892,069PYTotalRevenueAmt
CY Total Revenue$2,449,757CYTotalRevenueAmt
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$1,265,477PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,320,147CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$353,228CYTotalFundraisingExpenseAmt
PY Other Expenses$793,704PYOtherExpensesAmt
CY Other Expenses$682,120CYOtherExpensesAmt
PY Total Expenses$2,059,181PYTotalExpensesAmt
CY Total Expenses$2,002,267CYTotalExpensesAmt
PY Revenues Less Expenses-$167,112PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$447,490CYRevenuesLessExpensesAmt
Total Assets BOY$3,133,054TotalAssetsBOYAmt
Total Assets EOY$4,498,273TotalAssetsEOYAmt
Total Liabilities BOY$205,796TotalLiabilitiesBOYAmt
Total Liabilities EOY$988,964TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,927,258NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,509,309NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$920,707ExpenseAmt
DescMIDDLE, HIGH SCHOOL, AND COLLEGE PROGRAMS AND SERVICES (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$498,284ExpenseAmt
DescRECRUITMENT + PREP ACADEMY (SEE SCHEDULE O):Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$68,420ExpenseAmt
DescSUMMER OPPORTUNITIES (SEE SCHEDULE O):Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,487,411TotalProgramServiceExpensesAmt
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 Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee25EmployeeCnt
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 Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
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 Line1BECKY REISERBusinessNameLine1Txt
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 (22 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
MARGO COLE
SECRETARY2.00Yes (X)Yes (X)$0$0$0
SARA BARTOW
DIRECTOR2.00Yes (X)$0$0$0
LAUREN CORRINET
DIRECTOR2.00Yes (X)$0$0$0
DAVID FILIPPELLI
DIRECTOR2.00Yes (X)$0$0$0
TRACY GROSSMAN
DIRECTOR2.00Yes (X)$0$0$0
NISHA HURST
DIRECTOR2.00Yes (X)$0$0$0
CASSAUNDRA KARNAL
DIRECTOR2.00Yes (X)$0$0$0
CYNTHIA LAUTURE
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
JOHN PIKE
DIRECTOR2.00Yes (X)$0$0$0
LINDLEY PLESS
DIRECTOR2.00Yes (X)$0$0$0
KATHRYN SHAW
DIRECTOR2.00Yes (X)$0$0$0
RODMAN TILT
DIRECTOR2.00Yes (X)$0$0$0
JEFF VOLLING
DIRECTOR2.00Yes (X)$0$0$0
BECKY REISER
CEO50.00Yes (X)$200,000$0$9,849
JILLIAN TUCKER
DIRECTOR OF DEVELOPMENT40.00$165,375$0$17,585Yes (X)
JENNIFER CLESSAS
DIRECTOR OF ADMIN. & FINANCE40.00$106,667$0$8,506Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$472,042TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$35,940TotalOtherCompensationAmt
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$1,437,240FundraisingAmt
All Other Contributions$1,048,950AllOtherContributionsAmt
Noncash Contributions$173,681NoncashContributionsAmt
Total Contributions$2,486,190TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$91,662TotalRevenueColumnAmt
Exclusion$91,662ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$682,829SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$665,542SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$17,287SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,287TotalRevenueColumnAmt
Exclusion$17,287ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$196,500FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,437,240ContriRptFundraisingEventAmt
Fundraising Direct Expenses$341,882FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$145,382TotalRevenueColumnAmt
Exclusion-$145,382ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,449,757TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$36,433ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$212,349TotalAmt
Program Services$156,103ProgramServicesAmt
Management And General$16,311ManagementAndGeneralAmt
Fundraising$39,935FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$905,812TotalAmt
Program Services$673,446ProgramServicesAmt
Management And General$62,686ManagementAndGeneralAmt
Fundraising$169,680FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$56,233TotalAmt
Program Services$33,739ProgramServicesAmt
Management And General$11,247ManagementAndGeneralAmt
Fundraising$11,247FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$53,283TotalAmt
Program Services$31,971ProgramServicesAmt
Management And General$10,656ManagementAndGeneralAmt
Fundraising$10,656FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$92,470TotalAmt
Program Services$55,482ProgramServicesAmt
Management And General$18,494ManagementAndGeneralAmt
Fundraising$18,494FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$970TotalAmt
Program Services$776ProgramServicesAmt
Management And General$194ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$42,528TotalAmt
Program Services$34,022ProgramServicesAmt
Management And General$8,506ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$10,090TotalAmt
Management And General$10,090ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$674TotalAmt
Program Services$539ProgramServicesAmt
Management And General$135ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$28,998TotalAmt
Program Services$21,559ProgramServicesAmt
Management And General$2,007ManagementAndGeneralAmt
Fundraising$5,432FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,170TotalAmt
Program Services$12,765ProgramServicesAmt
Management And General$1,188ManagementAndGeneralAmt
Fundraising$3,217FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$176,133TotalAmt
Program Services$132,100ProgramServicesAmt
Management And General$8,807ManagementAndGeneralAmt
Fundraising$35,226FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$15,229TotalAmt
Program Services$4,229ProgramServicesAmt
Management And General$11,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
STUDENT PROGRAM & SVCS$251,803$251,803
OTHER$138,525$78,877$307$59,341

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,002,267TotalAmt
Program Services$1,487,411ProgramServicesAmt
Management And General$161,628ManagementAndGeneralAmt
Fundraising$353,228FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$375,749BOYAmt
EOY$942,471EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$228,667BOYAmt
EOY$234,877EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$224,000BOYAmt
EOY$182,364EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$377BOYAmt
EOY$3,325EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$55,386LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,737LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$21,991BOYAmt
EOY$16,649EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,238,077BOYAmt
EOY$2,290,094EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$44,193BOYAmt
EOY$828,493EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,133,054BOYAmt
EOY$4,498,273EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$80,667BOYAmt
EOY$148,813EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$98,214BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$26,915BOYAmt
EOY$840,151EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$205,796BOYAmt
EOY$988,964EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,825,807BOYAmt
EOY$3,426,363EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$101,451BOYAmt
EOY$82,946EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,927,258BOYAmt
EOY$3,509,309EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,133,054BOYAmt
EOY$4,498,273EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$447,490ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$134,561NetUnrlzdGainsLossesInvstAmt
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$1,529,108CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,521,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,644,088CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,926,871CurrentTaxYearMinus1YearAmt
Current Tax Year$2,486,190CurrentTaxYearAmt
Total$9,107,813TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,529,108CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,521,556CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,644,088CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,926,871CurrentTaxYearMinus1YearAmt
Current Tax Year$2,486,190CurrentTaxYearAmt
Total$9,107,813TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$454,659SubstantialContributorsTotAmt
Public Support Total170$8,653,154PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$32,827CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$44,552CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$57,002CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,124CurrentTaxYearMinus1YearAmt
Current Tax Year$91,662CurrentTaxYearAmt
Total$284,167TotalAmt
FieldValueIRS element (for citing)
Total Support$9,391,980TotalSupportAmt
Public Support CY1700.92130PublicSupportCY170Pct
Public Support PY1700.90500PublicSupportPY170Pct
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$55,386OtherCostOrOtherBasisAmt
Depreciation$38,737DepreciationAmt
Book Value$16,649BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,649TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescROU ASSET OPERATING LEASEDesc
Book Value$828,493BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$828,493TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$2,735,984TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$134,561NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$161,756DonatedServicesAndUseFcltsAmt
Revenue Not Reported$296,317RevenueNotReportedAmt
Revenue Subtotal$2,439,667RevenueSubtotalAmt
Investment Expenses Not Incld$10,090InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$10,090RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,449,757TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,153,933TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$161,756DonatedServicesUseFcltsAmt
Expenses Not Reported$161,756ExpensesNotReportedAmt
Expenses Subtotal$1,992,177ExpensesSubtotalAmt
Investment Expenses Not Incld2$10,090InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$10,090ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,002,267TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event130TH ANNIVERSARY GALA FY25Event1Nm
Gross Receipts Event1$1,211,042GrossReceiptsEvent1Amt
Charitable Contri Event1$1,074,542CharitableContriEvent1Amt
Gross Revenue Event1$136,500GrossRevenueEvent1Amt
Rent Facility Costs Event1$106,141RentFacilityCostsEvent1Amt
Other Direct Expenses Event1$158,950OtherDirectExpensesEvent1Amt
Event2LUNCHEON FY25Event2Nm
Gross Receipts Event2$422,698GrossReceiptsEvent2Amt
Charitable Contri Event2$362,698CharitableContriEvent2Amt
Gross Revenue Event2$60,000GrossRevenueEvent2Amt
Rent Facility Costs Event2$53,811RentFacilityCostsEvent2Amt
Other Direct Expenses Event2$22,980OtherDirectExpensesEvent2Amt
Other Events Total2OtherEventsTotalCnt
Gross Receipts Total$1,633,740GrossReceiptsTotalAmt
Charitable Contributions Tot$1,437,240CharitableContributionsTotAmt
Gross Revenue Total Events$196,500GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$159,952RentFcltyCostsTotalEventsAmt
Oth Direct Expnss Total Events$181,930OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$341,882DirectExpenseSummaryEventsAmt
Net Income Summary-$145,382NetIncomeSummaryAmt

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 (2 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
BECKY REISER
CEO$200,000$0$0$0$0$0$9,333$0$516$0$209,849$0$0$0
JILLIAN TUCKER
DIRECTOR OF DEVELOPMENT$165,375$0$0$0$0$0$8,820$0$8,765$0$182,960$0$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution13ContributionCnt
Noncash Contributions Rpt F990$173,681NoncashContributionsRptF990Amt
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 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 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.