Reach For Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,153,144 | 429,207 | 723,937 | 26.3 | 60% |
| 2021 | 463,177 | 443,753 | 19,424 | 26.7 | 60% |
| 2022 | 660,291 | 562,715 | 97,576 | 21.4 | 57% |
| 2023 | 527,300 | 554,115 | −26,815 | 21.8 | 59% |
In its most recent public year (2023), this organization spent $26,815 more than it brought in. Its reserves stood at about 21.8 months of spending, down from 26.3 in 2020. Staff pay was 59% of spending. $624,762 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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