Reach Potential Movement
- Assets
- $64.2k
- Revenue
- $671.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Sunnyvale, CA
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 26-2140956
Organization Overview
Reach Potential Movement is located in Sunnyvale, CA. The organization was established in 2008. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Reach Potential Movement employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Potential Movement 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 12/2022, Reach Potential Movement generated $671.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $666.9k during the year ending 12/2022. While expenses have increased by 29.6% per year over the past 8 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
ADDRESSES ACADEMIC, FOOD, AND HOUSING NEEDS FOR UNDER-RESOURCED YOUTH, INDIVIDUALS, AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND SOCIAL SERVICES: IN 2022, RPM CONTINUED SERVING THE COMMUNITY IN SANTA CLARA COUNTY DURING THE PANDEMIC WINDDOWN, FOCUSING ON THREE KEY AREAS OF NEED: FOOD, ACADEMICS, AND HOUSING FOR THE UNDERSERVED. RPM COLLABORATES WITH A VARIETY OF STAKEHOLDERS TO REMOVE BARRIERS TO ACCESS FOR THOSE WE SERVE AND HELP THEM MOVE FROM SURVIVING TO THRIVING THROUGH THREE LEVELS OF PROGRAMMING: OUTREACH, HAND-UP AND ECONOMIC DEVELOPMENT. RPM OPERATED OUTREACHES AT 23 LOCATIONS, AS AN EMERGENCY MOBILE SAFETY NET AT APARTMENTS, SAFE LOTS, SCHOOLS, CHURCHES, RV/VEHICLE DWELLERS, UNSHELTERED INDIVIDUALS, AND RPM'S HUB AT GATEWAY NEIGHBORHOOD CENTER. THE OUTREACH EFFORTS INCLUDE DISTRIBUTING FOOD, CLOTHING, ESSENTIALS AND ADVOCACY EFFORTS, REACHING OVER 1800 COMMUNITY MEMBERS. WE ALSO LAUNCHED A NEW CLOTHING, SMALL HOUSEWARES, AND FURNITURE CLOSET AT OUR HUB THAT SUPPORTS MCKINNEY VENTO STUDENTS AND REFUGEES, SERVING 100-125 INDIVIDUALS PER WEEK.
STUDENT SUPPORT: RPM'S IN-REACH EFFORTS INCLUDE EDUCATIONAL AND SPIRITUAL WORKSHOPS FOR BOTH ADULTS AND CHILDREN, SITE SCHOOL PARTNERSHIPS AND SHORT-TERM LEADERSHIP CLASSES. WE PROVIDED ACADEMIC SUPPORT SERVICES ACROSS PROGRAMMING FOR 190 CHILDREN AND SUPPORTED SPIRITUAL DEVELOPMENT AND/OR LEADERSHIP CLASSES TO OVER 120 INDIVIDUALS THROUGHOUT 2022.RPM'S ECONOMIC DEVELOPMENT PROGRAM WAS FURTHER MOLDED IN 2022, SEEING THAT FAMILIES NEEDED TRAINING AND EDUCATIONAL RESOURCES TO EARN LIVING WAGES TO GET OUT OF POVERTY. MOST NOTABLY WE DEVELOPED A PROGRAM TO HELP SPANISH SPEAKING WOMEN START THEIR OWN BUSINESSES. WE HOPE TO LAUNCH THE PROGRAM IN 2023 AND SERVE 24-30 WOMEN EACH YEAR THROUGH A VARIETY OF CLASSES, ACCOMPANIMENT AND FUNDING SOURCES.RPM IS GRASSROOTS IN ITS EFFORTS, BOOTS ON THE GROUND, BRINGING RESOURCES AND SUPPORT, REMOVING BARRIERS TO ACCESS FOR THE MOST VULNERABLE IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malia Pires President | OfficerTrustee | 50 | $74,700 |
Herman D Shaw Treasurer | OfficerTrustee | 2 | $0 |
Rubiela Solorzano Secretary | OfficerTrustee | 2 | $946 |
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 | $670,761 |
| Noncash contributions included in lines 1a–1f | $438,078 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $670,761 |
| Total Program Service Revenue | $1,160 |
| Investment income | $7 |
| 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 | $671,928 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,500 |
| Grants and other assistance to domestic individuals. | $6,090 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,646 |
| Compensation of current officers, directors, key employees. | $4,539 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,991 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,802 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,258 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,130 |
| Royalties | $0 |
| Occupancy | $2,500 |
| Travel | $14,357 |
| 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 | $1,300 |
| Insurance | $6,871 |
| All other expenses | $4,974 |
| Total functional expenses | $666,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,913 |
| Savings and temporary cash investments | $0 |
| 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 | $17,986 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,800 |
| Investments—publicly traded securities | $7,502 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,201 |
| Accounts payable and accrued expenses | $6,110 |
| 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 | $0 |
| Total liabilities | $6,110 |
| Net assets without donor restrictions | $58,048 |
| Net assets with donor restrictions | $43 |
| 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 | $64,201 |