The Reach Healthcare Foundation
- Assets
- $142.9m
- Revenue
- $1.8m
- Investments
- $30.3m
- Employees
- 8
- Location
- Overland Park, KS
- Founding
- 07/2010
- Data as of
- 12/2020
- EIN
- 20-0337230
Organization Overview
The Reach Healthcare Foundation is located in Overland Park, KS. The organization was established in 2010. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Reach Healthcare Foundation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Healthcare Foundation 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 12/2020, Reach Healthcare Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $7.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Reach Healthcare Foundation has awarded 49 individual grants totaling $4,362,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENROLL ALL ELIGIBLE OUTCOME INVESTMENT GRANTS ARE AWARDED TO ENROLL ALL ELIGIBLE PEOPLE IN THE HEALTH INSURANCE MARKETPLACE OR OTHER EXISTING PUBLIC HEALTH INSURANCE AND BENEFIT PROGRAMS. IN 2021, 10 ENROLL ALL ELIGIBLE GRANTS WERE AWARDED.
CLOSE THE COVERAGE GAP OUTCOME INVESTMENT GRANTS CLOSE THE HEALTH INSURANCE COVERAGE GAP THROUGH EXPANDED ELIGIBILITY/AVAILABILITY OF MEDICAID AND OTHER PUBLICLY FUNDED INSURANCE OPTIONS. IN 2021, 20 CLOSE THE COVERAGE GAP GRANTS WERE AWARDED.
STRONG SAFETY NET OUTCOME INVESTMENT GRANTS STRENGTHEN THE CAPACITY OF THE SAFETY NET AND COMMUNITY TO PROVIDE HIGH QUALITY, INTEGRATED CARE FOR CONSUMERS WITH NO OR INADEQUATE HEALTH INSURANCE COVERAGE. THIS PROGRAM AREA ALSO INCLUDES CORE OPERATING SUPPORT FOR ORGANIZATIONS AND HEALTH COALITIONS DETERMINED TO BE ESSENTIAL CONTRIBUTORS TO THE REGION'S HEALTH CARE SAFETY NET SYSTEM. IN 2021, 59 STRONG SAFETY NET GRANTS WERE AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Sharpe President And CEO | Officer | 40 | $289,353 |
Joanne Yun VP Finance And Operations/cfo | Officer | 40 | $199,726 |
Carla Gibson Vice President Of Programs | 40 | $149,471 | |
Rebecca Benak Director Of Grants & Operation | 40 | $104,234 | |
Lisa Thurlow Program Comm Chair/director | OfficerTrustee | 5 | $0 |
Joe Reuben Vice Chair/director | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,455 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,455 |
| Total Program Service Revenue | $0 |
| Investment income | $1,349,321 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,144,825 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,839,513 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,032,675 |
| 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. | $592,840 |
| Compensation of current officers, directors, key employees. | $295,594 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $511,666 |
| Pension plan accruals and contributions | $40,657 |
| Other employee benefits | $80,673 |
| Payroll taxes | $61,144 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,062 |
| Fees for services: Accounting | $42,848 |
| Fees for services: Lobbying | $78,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $329,194 |
| Fees for services: Other | $67,845 |
| Advertising and promotion | $7,191 |
| Office expenses | $51,217 |
| Information technology | $62,912 |
| Royalties | $0 |
| Occupancy | $257,833 |
| Travel | $2,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,491 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,418 |
| Insurance | $22,076 |
| All other expenses | $15,743 |
| Total functional expenses | $7,471,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551 |
| Savings and temporary cash investments | $100,117 |
| 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 | $17,623 |
| Net Land, buildings, and equipment | $1,111,051 |
| Investments—publicly traded securities | $111,378,581 |
| Investments—other securities | $30,274,926 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13 |
| Total assets | $142,882,862 |
| Accounts payable and accrued expenses | $115,456 |
| Grants payable | $2,582,371 |
| 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 | $0 |
| Total liabilities | $2,697,827 |
| Net assets without donor restrictions | $140,185,035 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $142,882,862 |
Grants Awarded
Over the last fiscal year, The Reach Healthcare Foundation has awarded $4,362,650 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
Kansas City, MO PURPOSE: Enroll All Eligible/ Strong Safety Net | $387,500 |
Kansas City, KS PURPOSE: Enroll All Eligible/ Strong Safety Net/ Discretion | $263,000 |
Topeka, KS PURPOSE: Discretionary/ Close the Coverage Gap/ Strong Safe | $244,653 |
Kansas City, KS PURPOSE: Discretionary/ Close the Coverage Gap/ Strong Safe | $193,000 |
Kansas City, MO PURPOSE: Close the Coverage Gap | $160,000 |
JOHNSON COUNTY DEPARTMENT OF HEALTH & ENVIRONMENT PURPOSE: Discretionary/ Enroll All Eligible/ Close the Cove | $154,692 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Reach Healthcare Foundation has recieved totaling $6,050.
| Awarding Organization | Amount |
|---|---|
K Of C Charities Aid Foundation La Crosse, KS PURPOSE: IMPROVES ACCESS AND QUALITY OF HEALTHCARE FOR POOR AND MEDICALLY UNDERSERVED INDIVDUALS THROUGH FINANCIAL SUPPORT OF PROGRAMS AND INITIATIVES. | $6,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mosaic Senior Services Inc Omaha, NE | $13,220,331 | $15,500,404 |
Community Alliance Rehabilitation Services Omaha, NE | $6,008,381 | $14,978,888 |
Rocky Mountain Youth Medical & Nursing Consultants Inc Thornton, CO | $11,457,822 | $14,173,248 |
Lincoln Medical Education Partnership Lincoln, NE | $9,795,308 | $10,487,702 |
Community Care Network Of Kansas Inc Topeka, KS | $2,179,321 | $7,761,359 |
The Reach Healthcare Foundation Overland Park, KS | $142,882,862 | $1,839,513 |
Integris Hospice Inc Oklahoma City, OK | $11,675,869 | $6,226,124 |
Service Employees International Union Local 2000 Health Welfare St Louis, MO | $18,079,308 | $5,259,117 |
Commonspirit Health Research Institute Englewood, CO | $54,453,967 | $1,969,400 |
Brent Eley Foundation Aurora, CO | $3,921,523 | $5,877,505 |
Enrichment Services Of Dent County Inc Salem, MO | $1,624,365 | $3,796,140 |
Iowa Health Information Network La Vista, NE | $2,730,563 | $4,335,757 |