Reach School Inc
- Assets
- $245.2k
- Revenue
- $193.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Bucksport, ME
- Founding
- 07/1988
- Data as of
- 06/2022
- EIN
- 01-0427540
Organization Overview
Reach School Inc is located in Bucksport, ME. The organization was established in 1988. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Reach School Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Reach School Inc generated $193.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $184.5k during the year ending 06/2022. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE REACH SCHOOL IS A PRIVATE NON-PROFIT ALTERNATIVE MIDDLE/SENIOR HIGH SCHOOL DESIGNED TO MEET THE NEEDS OF THOSE STUDENTS WHO CANNOT OR WILL NOT FIND SUCCESS IN THE TRADITIONAL SCHOOL ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE REACH SCHOOL IS A PRIVATE NON-PROFIT ALTERNATIVE MIDDLE/SENIOR HIGH SCHOOL DESIGNED TO MEET THE NEEDS OF THOSE STUDENTS WHO CANNOT OR WILL NOT FIND SUCCESS IN THE TRADITIONAL SCHOOL ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Thomas President | Officer | 0 | $0 |
Willy Mercier Treasurer | Officer | 0 | $0 |
Seth Laplant Vice President | Officer | 0 | $0 |
Nancy Cation Director | Officer | 0 | $0 |
Holly Rae Cough Secretary | Trustee | 0 | $0 |
Brenda Veilleux Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10 |
| Total Program Service Revenue | $191,469 |
| Investment income | $1,508 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $192,987 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $106,017 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,406 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,103 |
| Advertising and promotion | $0 |
| Office expenses | $12 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,898 |
| Insurance | $39,263 |
| All other expenses | $3,838 |
| Total functional expenses | $184,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,941 |
| Savings and temporary cash investments | $46,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $29,898 |
| Investments—publicly traded securities | $100,445 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $245,152 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,227 |
| Total liabilities | $4,227 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $240,925 |
| Total liabilities and net assets/fund balances | $245,152 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reach School Inc has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cardigan Mountain School Canaan, NH | $84,289,031 | $28,636,102 |
Foxcroft Academy Trustees Doverfoxcroft, ME | $30,930,930 | $10,035,137 |
Windham Woods School Inc Windham, NH | $2,214,260 | $4,272,703 |
Heronfield Academy Hampton Falls, NH | $4,518,755 | $2,844,052 |
Concord Christian Academy Concord, NH | $7,667,572 | $2,468,299 |
Cornerstone School Stratham, NH | $2,866,485 | $1,995,588 |
Mount Royal Academy Inc Sunapee, NH | $546,568 | $2,073,100 |
Well Peterborough, NH | $2,513,503 | $1,671,636 |
Surry Village Charter School Surry, NH | $143,773 | $1,306,901 |
Monadnock Waldorf School Keene, NH | $699,021 | $1,114,334 |
Bay School Blue Hill, ME | $2,449,800 | $1,139,343 |
Northeast Woodland Chartered Public School Conway, NH | $310,320 | $1,298,955 |