Greater Reach Inc
EIN: 262621890 · Mccordsville, IN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.8M |
| Net Assets | $55K |
Is Greater Reach Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater Reach Inc
Greater Reach Inc (EIN: 262621890) is a nonprofit organization based in Mccordsville, IN, classified under NTEE code X20. The organization reported total revenue of $1.7M and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Reach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Reach Inc is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-199,012 |
| Total Assets | $55K |
| Net Assets | $55K |
| Operating Margin | -12.3% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Greater Reach Inc reported a deficit of $199K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Greater Reach Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +25.7% | -78.3% |
| 2022 | +44.3% | +20.0% | +167.5% |
| 2021 | +37.3% | +114.5% | -66.5% |
| 2020 | +57.0% | +7.6% | +697.6% |
| 2019 | -9.5% | -10.5% | -14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater Reach Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Greater Reach Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $199K, with expenses exceeding revenue.
Frequently Asked Questions about Greater Reach Inc
Is Greater Reach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Reach Inc (EIN: 262621890) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater Reach Inc spend its money?
Detailed spending breakdown data is not yet available for Greater Reach Inc. Check back for updated IRS 990 analysis.
Are donations to Greater Reach Inc tax-deductible?
Greater Reach Inc is registered as a tax-exempt nonprofit (EIN: 262621890). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater Reach Inc located?
Greater Reach Inc is headquartered in Mccordsville, Indiana and files with the IRS under EIN 262621890. It is classified under NTEE code X20.
How many years of IRS 990 filings does Greater Reach Inc have?
Greater Reach Inc has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Greater Reach Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Greater Reach Inc's revenue has grown by 174.2%, moving from $588K to $1.6M. Total assets decreased by 5.4% over the same period, from $58K to $55K. Total functional expenses rose by 242%, from $529K to $1.8M. In its most recent filing year (2023), Greater Reach Inc reported a deficit of $199K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.8M | $55K | $0 | — | — |
| 2022 | $1.6M | $1.4M | $254K | $0 | — | — |
| 2021 | $1.1M | $1.2M | $95K | $0 | — | View 990 |
| 2020 | $807K | $559K | $283K | $0 | — | — |
| 2019 | $514K | $520K | $36K | $0 | — | View 990 |
| 2018 | $568K | $581K | $41K | $0 | — | View 990 |
| 2017 | $649K | $707K | $54K | $0 | — | View 990 |
| 2016 | $413K | $394K | $113K | $0 | — | View 990 |
| 2015 | $452K | $472K | $94K | $0 | — | View 990 |
| 2014 | $0 | $401K | $114K | $0 | — | View 990 |
| 2013 | $588K | $529K | $58K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.8M, and assets of $55K (revenue +0.8% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $254K (revenue +44.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $95K (revenue +37.3% year-over-year).
- 2020: Revenue of $807K, expenses of $559K, and assets of $283K (revenue +57.0% year-over-year).
- 2019: Revenue of $514K, expenses of $520K, and assets of $36K (revenue -9.5% year-over-year).
- 2018: Revenue of $568K, expenses of $581K, and assets of $41K (revenue -12.5% year-over-year).
- 2017: Revenue of $649K, expenses of $707K, and assets of $54K (revenue +57.1% year-over-year).
- 2016: Revenue of $413K, expenses of $394K, and assets of $113K (revenue -8.6% year-over-year).
- 2015: Revenue of $452K, expenses of $472K, and assets of $94K.
- 2014: Revenue of $0, expenses of $401K, and assets of $114K (revenue -100.0% year-over-year).
- 2013: Revenue of $588K, expenses of $529K, and assets of $58K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Reach Inc:
Data Sources and Methodology
This transparency report for Greater Reach 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.