Reach4hope Inc
- Assets
- $98.9k
- Revenue
- $237.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Heath, TX
- Founding
- 02/2012
- Data as of
- 12/2016
- EIN
- 45-3655084
Organization Overview
Reach4hope Inc is located in Heath, TX. The organization was established in 2012. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2016, Reach4hope Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach4hope 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 12/2016, Reach4hope Inc generated $237.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (25.7%) each year. All expenses for the organization totaled $332.3k during the year ending 12/2016. 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
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF REACH4HOPE IS TO REACH, TEACH, AND RAISE UP THE NEXT GENERATION OF OUR NATION'S LEADERS. REACH4HOPE'S HOMEWORK CENTER GIVES STUDENTS THE KNOWLEDGE, STABILITY AND SUPPORT THEY NEED FOR ACHIEVEMENT IN THE CLASSROOM, AND THE CONFIDENCE AND SKILLS FOR SUCCESS IN LIFE TOMORROW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REACH4HOPE, INC. CONTINUED ITS AFTERSCHOOL ENROLLMENT WITH STUDENTS PARTIPATING IN THE HOMEWORK CENTER, MANY WITH DAILY PARTICIPATION. PARTICIPANTS GRADES ARE CONSISTENTLY IMPROVING AND TRUANCY AND ABSENTEEISM ARE DOWN. REACH4HOPE, INC. CONTINUED TO PROVIDE STUDENTS WITH BACKPACKS AND SCHOOL SUPPLIES IN ADDITION TO SERVING MEALS TO HUNGRY CHILDREN AND DISTRIBUTING SNACKS AND WEEKEND SNACK BAGS. REACH4HOPE, INC. CONTINUES TO REACH THE COMMUNITY BY PROVIDING MULTIPLE COMMUNITY EVENTS AND FAMILY MEAL BOXES. WE STARTED A PRESCHOOL LEARNING CENTER, AS WELL AS PARENT UNIVERSITY WHERE WE TEACH PARENTING SKILLS ASSOCIATED WITH RAISING HIGHLY CAPABLE CHILDEREN. IN ADDITION, WE INTRODUCED THE HOMEWORK CENTER OPERATION TO A CHURCH GROUP IN BELIZE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne J Trahan Vice President | OfficerTrustee | 0 | $40,208 |
John J Trahan President | OfficerTrustee | 0 | $29,375 |
Steven Goodwin Treasurer | OfficerTrustee | 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 | $233,960 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,960 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,663 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,623 |
| 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. | $69,583 |
| Compensation of current officers, directors, key employees. | $34,791 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,724 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,623 |
| Office expenses | $2,843 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,050 |
| Travel | $2,294 |
| 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 | $15,709 |
| Insurance | $5,950 |
| All other expenses | $39,495 |
| Total functional expenses | $332,320 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,586 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,750 |
| Total assets | $98,934 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $98,934 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $98,934 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reach4hope Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Firstline Schools Inc New Orleans, LA | $25,158,781 | $60,437,770 |
Education Service Center Region Xii Of Texas Waco, TX | $21,686,581 | $37,093,935 |
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Belle Chasse Academy Inc Belle Chasse, LA | $29,416,847 | $17,545,847 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Leading Educators Inc New Orleans, LA | $10,160,201 | $9,461,961 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |
Evolution Acadamy Richardson, TX | $15,542,643 | $6,925,248 |