Reach Parent Foundation
- Assets
- $852.0k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Sebastopol, CA
- Founding
- 05/2003
- Data as of
- 06/2021
- EIN
- 68-0509771
Organization Overview
Reach Parent Foundation is located in Sebastopol, CA. The organization was established in 2003. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2021, Reach Parent Foundation employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reach Parent 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 06/2021, Reach Parent Foundation generated $1.5m 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 (5.9%) each year. All expenses for the organization totaled $1.4m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCEMENT OF PUBLIC EDUCATION BY MANAGING, OPERATING, GUIDING, DIRECTING AND PROMOTING THE REACH CHARTER SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC EDUCATION OF STUDENTS IN GRADES K-8.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Brown Director | 40 | $102,000 | |
Russell Scarola President | OfficerTrustee | 3 | $0 |
Oriana Hart Treasurer | OfficerTrustee | 3 | $0 |
Paul Soldera Secretary | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,322,048 |
| All other contributions, gifts, grants, and similar amounts not included above | $144,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,466,934 |
| Total Program Service Revenue | $0 |
| Investment income | $619 |
| 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 | $1,467,553 |
| 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 | $102,000 |
| Other salaries and wages | $573,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $226,581 |
| Payroll taxes | $0 |
| 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 | $372,555 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $61,387 |
| Insurance | $0 |
| All other expenses | $53,509 |
| Total functional expenses | $1,389,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $391,840 |
| Savings and temporary cash investments | $150,040 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274,842 |
| 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 | $6,240 |
| Net Land, buildings, and equipment | $29,063 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $852,025 |
| Accounts payable and accrued expenses | $75,095 |
| Grants payable | $0 |
| Deferred revenue | $45,248 |
| 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 | $120,343 |
| Net assets without donor restrictions | $593,745 |
| Net assets with donor restrictions | $137,937 |
| 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 | $852,025 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Reach Parent Foundation has recieved totaling $267.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $267 |