Is The Reach Healthcare Foundation Legit? —…

Quick charity verification for The Reach Healthcare Foundation (EIN: 200337230)

Strengths

Strong asset base, with $145,254,821 in assets in 2023, providing long-term financial stability.
Consistent and substantial annual expenses (e.g., $7,199,591 in 2023), indicating active grantmaking or programmatic activity.
Low liabilities relative to assets (e.g., $6,256,220 liabilities vs. $145,254,821 assets in 2023).
Consistent IRS 990 filing history (13 filings), demonstrating commitment to transparency and compliance.

Spending Breakdown

How The Reach Healthcare Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about The Reach Healthcare Foundation

Is The Reach Healthcare Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Reach Healthcare Foundation (EIN: 200337230) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is The Reach Healthcare Foundation a good charity to donate to?

The Reach Healthcare Foundation has a Mission Score of 85/100. Revenue: $23.1M. Assets: $153.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Reach Healthcare Foundation?

The Employer Identification Number (EIN) for The Reach Healthcare Foundation is 200337230. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does The Reach Healthcare Foundation spend its money?

The Reach Healthcare Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Reach Healthcare Foundation's tax-exempt status?

You can verify The Reach Healthcare Foundation's tax-exempt status using EIN 200337230 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Reach Healthcare Foundation demonstrates a strong commitment to its mission, as evidenced by its consistent program spending. In 2023, the organization reported expenses of $7,199,591, with a significant portion likely directed towards its programmatic activities, given its foundation structure. The foundation's assets have remained substantial, with $145,254,821 in 2023, indicating a robust financial base for long-term operations and grantmaking. While revenue can fluctuate significantly year-to-year, as seen with $808,838 in 2023 compared to $11,619,645 in 2021, this is typical for foundations that rely on investment returns and contributions.

The organization's financial health appears stable, with assets consistently exceeding liabilities. For instance, in 2023, assets were $145,254,821 against liabilities of $6,256,220. The absence of reported officer compensation across all available filings suggests a lean administrative structure or that compensation is handled through other means not captured in this specific line item, which could be a positive indicator of efficiency. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.

Transparency is generally good, with 13 filings available, indicating consistent reporting to the IRS. The foundation's NTEE code E99 suggests a focus on grantmaking or supporting organizations, which typically have different operational cost structures than direct service charities. Further detailed expense breakdowns would enhance transparency regarding how the $7,199,591 in 2023 expenses were allocated.

Is The Reach Healthcare Foundation Legit?

Verdict: The Reach Healthcare Foundation appears trustworthy

Red Flags