Reach Parent Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,676,102 | 1,543,588 | 132,514 | 5.1 | 51% |
| 2021 | 1,467,553 | 1,389,387 | 78,166 | 6.3 | 41% |
| 2022 | 1,304,706 | 1,274,156 | 30,550 | 7.2 | 52% |
| 2023 | 1,078,564 | 1,489,650 | −411,086 | 2.8 | 52% |
In its most recent public year (2023), this organization spent $411,086 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 5.1 in 2020. Staff pay was 52% of spending. $11,051 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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