Reach Training Inc
- Assets
- $671.8k
- Revenue
- $279.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Dripping Springs, TX
- Founding
- Data as of
- 12/2022
- EIN
- 85-3934892
Organization Overview
Reach Training Inc is located in Dripping Springs, TX. 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 Training 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 12/2022, Reach Training Inc generated $279.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.7%) each year. All expenses for the organization totaled $252.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
REACH TRAINING DEVELOPS AND OFFERS TAILORED, SPORT SPECIFIC PHYSICAL TRAINING PROGRAMS AND INSTRUCTION TO MIDDLE AND HIGH SCHOOL AGE STUDENTS FROM LOW INCOME HOUSEHOLDS WHO DEMONSTRATE THE DESIRE FOR HIGH LEVEL ATHLETIC ACHIEVEMENT.
STAFF MEMBERS ARE SPECIALIZED IN THE TRAIING AND PREPARATION OF ELITE PROFESSIONAL ATHLETES WITH PARTICULAR EXPERTISE IN SPORTS . THE MAIN GOAL OF THE STAFF MEMEBERS IS TO HELP YOUNG ATHELETE TO REACH WHATEVER GOAL THE ATHLETE HAVE FOR THEMSELVES IN THEIR SPORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Hamner President | 40 | $40,080 | |
Brandon Butler Vice President | 40 | $64,516 | |
Lindsay Hamner Secretary/treasury | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $279,285 |
| Interest on Savings | $106 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $279,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,596 |
| Other employee salaries and wages | $24,405 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,481 |
| Depreciation | $630 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,537 |
| Printing and publications | $0 |
| Other expenses | $47,689 |
| Total operating and administrative expenses | $226,882 |
| Contributions, gifts, grants paid | $25,250 |
| Total expenses and disbursements | $252,132 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $665,712 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $6,062 |
| Other assets | $64 |
| Total assets | $671,838 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,446 |
| Total liabilities | $9,446 |