For Each 1 Reach 1 Mentoring Program Inc

Mentoring nonprofit experiences significant revenue growth but faces recent deficit and fluctuating asset levels.

EIN: 10949833 · Brooksville, FL · NTEE: O30 · Updated: 2026-03-28

$618KRevenue

$232KAssets

75/100Mission Score (Good)

O30

About For Each 1 Reach 1 Mentoring Program Inc

For Each 1 Reach 1 Mentoring Program Inc (EIN: 10949833) is a nonprofit organization based in Brooksville, FL, classified under NTEE code O30. The organization reported total revenue of $618K and total assets of $232K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of For Each 1 Reach 1 Mentoring Program Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

For Each 1 Reach 1 Mentoring Program Inc demonstrates a mixed financial picture. While the organization has shown significant revenue growth, increasing from $80,345 in 2016 to $670,701 in 2023, its financial stability appears to be fluctuating. In 2023, expenses ($809,044) significantly outpaced revenue ($670,701), resulting in a deficit for the year. This contrasts with 2022, where revenue ($652,437) exceeded expenses ($535,762), indicating a surplus. The organization's assets have also seen substantial growth over the years, from $34,683 in 2016 to $233,017 in 2023, though there was a notable decrease from $337,586 in 2022 to $233,017 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards programs rather than executive salaries, which is a positive indicator of financial efficiency and transparency.

The organization's liabilities have also increased alongside its growth, reaching $144,648 in 2023. While not inherently negative, the recent deficit and the increase in liabilities warrant close monitoring. The consistent filing of IRS Form 990s over eight periods demonstrates a commitment to transparency in financial reporting. However, without a detailed breakdown of expenses (program, administrative, fundraising) within the provided data, a precise assessment of spending efficiency is challenging. The overall trend of growth is positive, but the recent financial performance suggests a need for careful management of expenses relative to revenue to ensure long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates For Each 1 Reach 1 Mentoring Program Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, For Each 1 Reach 1 Mentoring Program Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for directing resources to its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of For Each 1 Reach 1 Mentoring Program Inc's IRS 990 filings:

Expenses exceeded revenue in 2023 ($809,044 vs. $670,701), indicating a deficit.
Notable decrease in assets from $337,586 in 2022 to $233,017 in 2023.
Increasing liabilities, reaching $144,648 in 2023, alongside recent deficit.

Strengths

The following positive indicators were identified for For Each 1 Reach 1 Mentoring Program Inc:

Significant revenue growth from $80,345 in 2016 to $670,701 in 2023.
Consistent 0% officer compensation, indicating high efficiency in directing funds to programs.
Consistent filing of IRS Form 990s over eight periods, demonstrating transparency.
Substantial growth in assets over the long term, from $34,683 in 2016 to $233,017 in 2023.

Frequently Asked Questions about For Each 1 Reach 1 Mentoring Program Inc

Is For Each 1 Reach 1 Mentoring Program Inc financially stable?

The organization's financial stability is mixed. While it has grown significantly, the 2023 filing shows expenses ($809,044) exceeding revenue ($670,701), indicating a deficit. This contrasts with a surplus in 2022, suggesting fluctuating financial performance.

How has the organization's revenue changed over time?

For Each 1 Reach 1 Mentoring Program Inc has experienced substantial revenue growth, increasing from $80,345 in 2016 to $670,701 in 2023, demonstrating significant expansion.

What is the trend in the organization's assets?

Assets have grown considerably from $34,683 in 2016 to $233,017 in 2023, though there was a notable decrease from $337,586 in 2022 to $233,017 in 2023.

Does the organization pay its officers?

No, the organization consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no officers receive salaries from the nonprofit.

Filing History

IRS 990 filing history for For Each 1 Reach 1 Mentoring Program Inc showing financial trends over 8 years of public records:

Over 8 years of IRS 990 filings (2016–2023), For Each 1 Reach 1 Mentoring Program Inc's revenue has grown by 734.8%, moving from $80K to $671K. Total assets increased by 571.8% over the same period, from $35K to $233K. Total functional expenses rose by 1154.9%, from $64K to $809K. In its most recent filing year (2023), For Each 1 Reach 1 Mentoring Program Inc reported a deficit of $138K, with expenses exceeding revenue. The organization holds $145K in liabilities against $233K in assets (debt-to-asset ratio: 62.1%), resulting in net assets of $88K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$671K	$809K	$233K	$145K	—	—
2022	$652K	$536K	$338K	$112K	—	—
2021	$386K	$290K	$179K	$70K	—	View 990
2020	$229K	$216K	$37K	$0	—	—
2019	$196K	$184K	$24K	$0	—	—
2018	$197K	$170K	$25K	$0	—	View 990
2017	$97K	$99K	$27K	$29K	—	View 990
2016	$80K	$64K	$35K	$34K	—	—

Year-by-Year Financial Summary

2023: Revenue of $671K, expenses of $809K, and assets of $233K (revenue +2.8% year-over-year).
2022: Revenue of $652K, expenses of $536K, and assets of $338K (revenue +69.0% year-over-year).
2021: Revenue of $386K, expenses of $290K, and assets of $179K (revenue +68.6% year-over-year).
2020: Revenue of $229K, expenses of $216K, and assets of $37K (revenue +16.7% year-over-year).
2019: Revenue of $196K, expenses of $184K, and assets of $24K (revenue -0.3% year-over-year).
2018: Revenue of $197K, expenses of $170K, and assets of $25K (revenue +103.4% year-over-year).
2017: Revenue of $97K, expenses of $99K, and assets of $27K (revenue +20.5% year-over-year).
2016: Revenue of $80K, expenses of $64K, and assets of $35K.

Data Sources and Methodology

This transparency report for For Each 1 Reach 1 Mentoring Program Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.