Operating record

Recreational Experiences Achieving Community Harmony R E A C H Inc

Cloquet, MN · EIN 81-0598151 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2019$162,332$163,046−$7143.556%
2020$212,295$166,020$46,2756.858%
2021$279,705$272,767$6,9384.451%
2022$340,112$374,742−$34,6302.144%
2023$219,639$198,463$21,1765.348%
2024$423,013$334,484$88,5296.353%

In its most recent public year (2024), this organization brought in $88,529 more than it spent. Its reserves stood at about 6.3 months of spending, up from 3.5 in 2019. Staff pay was 53% of spending. $11,190 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 2024. 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 ↗