Reach For The Future
- Assets
- $319.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Spokane, WA
- Founding
- 12/2005
- Data as of
- 12/2021
- EIN
- 20-2976912
Organization Overview
Reach For The Future is located in Spokane, WA. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach For The Future 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 12/2021, Reach For The Future generated $35.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.2%) each year. All expenses for the organization totaled $68.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AFTER SCHOOL TUTORING FOR 49 TITLE I STUDENTS STARTING IN SECOND GRADE THROUGH GRADE 12. RAISED FUNDS TO PAY FOR POST-HIGH SCHOOL EDUCATION. STUDENTS GRADUATED HIGH SCHOOL IN JUNE, 2019. RFTF BEGAN DISTRIBUTING FUNDS IN 2019 FOR TUITION AND OTHER EXPENSES. STUDENTS ARE NOW COMPLETING THEIR SECOND YEAR OF POST-HIGH SCHOOL EDUCATION IN COMMUNITY COLLEGES, FOUR YEAR UNIVERSITIES AND A VARIETY OF OTHER EDUCATION FIELDS.
Describe the Organization's Program Activity:
Part 3
THE PRIMARY GOAL OF THE PROGRAM WAS TO IMPROVE THE HIGH SCHOOL GRADUATION RATE FOR LOWER INCOME AREAS OF SPOKANE. THE PROGRAM WAS ABLE TO SEE 45 / 49 LOWER INCOME STUDENTS ACHIEVE A HIGH SCHOOL DIPLOMA.
THE PRIMARY GOAL OF THE PROGRAM WAS TO IMPROVE THE HIGH SCHOOL GRADUATION RATE FOR LOWER INCOME AREAS OF SPOKANE. THE PROGRAM WAS ABLE TO SEE 45 / 49 LOWER INCOME STUDENTS ACHIEVE A HIGH SCHOOL DIPLOMA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Graske Project Coordinator | 40 | $59,556 | |
Denise Schafer President | 3 | $0 | |
Patsy Etter Vice-President | 3 | $0 | |
Paul Schafer Treasurer | 1 | $0 | |
Angie Zakheim Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,514 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,605 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,937 |
| Professional fees and other payments to independent contractors | $5,152 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $134 |
| Other expenses | $0 |
| Total expenses | $68,223 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $319,284 |
| Other assets | $0 |
| Total assets | $319,284 |
| Total liabilities | $0 |
| Net assets or fund balances | $319,284 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reach For The Future has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wonderland Child & Family Services Shoreline, WA | $6,124,177 | $6,155,801 |
Morning Star Boys Ranch Spokane, WA | $6,548,402 | $6,036,768 |
First Five Fundamentals Tacoma, WA | $1,690,113 | $3,740,368 |
Community Passageways Seattle, WA | $1,034,765 | $3,897,852 |
Portland Youthbuilders Portland, OR | $3,499,913 | $3,714,693 |
Northwest Outward Bound School Portland, OR | $2,032,579 | $3,666,331 |
Source Of Spokane Spokane, WA | $267,409 | $2,764,273 |
Fosterclub Seaside, OR | $1,920,560 | $2,612,923 |
Bridgeway House Eugene, OR | $1,064,505 | $2,522,417 |
Childrens Advocacy Centers Of Washington Olympia, WA | $448,942 | $2,207,420 |
Maslow Project Medford, OR | $3,191,780 | $2,980,158 |
Lane Leadership Foundation Eugene, OR | $719,785 | $1,893,065 |