Long Beach Reach Inc
Long Beach Reach Inc. shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 112225260 · Long Beach, NY · NTEE: Z99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $6.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Long Beach Reach Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Beach Reach Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Beach Reach Inc
Long Beach Reach Inc (EIN: 112225260) is a nonprofit organization based in Long Beach, NY, classified under NTEE code Z99. The organization reported total revenue of $7.0M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Beach Reach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Beach Reach Inc is a mid-size nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.6M |
| Surplus / Deficit | +$557K |
| Total Assets | $2.3M |
| Total Liabilities | $778K |
| Net Assets | $1.5M |
| Operating Margin | 7.8% |
| Debt-to-Asset Ratio | 33.8% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2023, Long Beach Reach Inc reported a surplus of $557K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 33.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Long Beach Reach Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.6% | +7.3% | -6.5% |
| 2022 | +9.7% | +4.5% | +20.0% |
| 2021 | +33.6% | +19.4% | +11.3% |
| 2020 | +11.1% | +22.1% | +29.7% |
| 2019 | +3.8% | +2.6% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Long Beach Reach Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Long Beach Reach Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $557K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $7 million in revenue. This suggests that key management personnel may be compensated through other expense categories or are volunteers, which enhances the perception of fiscal responsibility but could also indicate a lack of transparency if compensation is simply reclassified.
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 Long Beach Reach Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate reclassification of executive pay.
Strengths
The following positive indicators were identified for Long Beach Reach Inc:
- Consistent revenue growth, increasing from $3.5M in 2014 to over $7.1M in 2023.
- Healthy asset growth, from $430,775 in 2014 to $2,299,002 in 2023, indicating strong financial management.
- Expenses generally below revenue, leading to positive net assets and financial stability.
- Low liabilities relative to assets in recent years, suggesting good financial solvency (e.g., 2023: Liabilities $777,533 vs. Assets $2,299,002).
Frequently Asked Questions about Long Beach Reach Inc
Is Long Beach Reach Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Beach Reach Inc (EIN: 112225260) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Long Beach Reach Inc spend its money?
Long Beach Reach Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Long Beach Reach Inc tax-deductible?
Long Beach Reach Inc is registered as a tax-exempt nonprofit (EIN: 112225260). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Long Beach Reach Inc CEO make?
Long Beach Reach Inc's highest-compensated officer earns $7 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Long Beach Reach Inc's spending goes to programs?
Long Beach Reach Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Long Beach Reach Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Long Beach Reach Inc is above average for NTEE category Z99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Long Beach Reach Inc located?
Long Beach Reach Inc is headquartered in Long Beach, New York and files with the IRS under EIN 112225260. It is classified under NTEE code Z99.
How many years of IRS 990 filings does Long Beach Reach Inc have?
Long Beach Reach Inc has 13 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 $7.0M in total revenue.
Is Long Beach Reach Inc. a good charity?
Based on the available financial data, Long Beach Reach Inc. appears to be a well-managed charity with consistent revenue growth, increasing assets, and a strong financial position. The consistent reporting of 0% officer compensation is a positive indicator of fiscal prudence, though further clarity on executive compensation practices would be beneficial.
How has Long Beach Reach Inc.'s financial health changed over the last decade?
Long Beach Reach Inc. has experienced significant financial growth over the last decade. Revenue increased from $3,593,924 in 2014 to $7,122,540 in 2023, and assets grew from $430,775 to $2,299,002 in the same period, indicating a strong and expanding financial base.
What is the organization's approach to executive compensation?
The IRS 990 filings consistently report 0% for officer compensation, suggesting that the organization either operates with entirely volunteer leadership at the officer level or compensates its executives through means not categorized as 'officer compensation' on the 990 form. This practice, while potentially indicating efficiency, could also raise questions about the full scope of executive remuneration.
Filing History
IRS 990 filing history for Long Beach Reach Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Beach Reach Inc's revenue has grown by 163.4%, moving from $2.7M to $7.1M. Total assets increased by 848.4% over the same period, from $242K to $2.3M. Total functional expenses rose by 141.8%, from $2.7M to $6.6M. In its most recent filing year (2023), Long Beach Reach Inc reported a surplus of $557K, with revenue exceeding expenses. The organization holds $778K in liabilities against $2.3M in assets (debt-to-asset ratio: 33.8%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.6M | $2.3M | $778K | — | — |
| 2022 | $6.5M | $6.1M | $2.5M | $1.5M | — | — |
| 2021 | $5.9M | $5.9M | $2.0M | $1.5M | — | View 990 |
| 2020 | $4.4M | $4.9M | $1.8M | $1.3M | — | View 990 |
| 2019 | $4.0M | $4.0M | $1.4M | $430K | — | View 990 |
| 2018 | $3.8M | $3.9M | $1.5M | $462K | — | View 990 |
| 2017 | $4.1M | $4.2M | $1.4M | $353K | — | View 990 |
| 2016 | $3.7M | $3.7M | $1.1M | $283K | — | View 990 |
| 2015 | $3.6M | $3.5M | $567K | $292K | — | View 990 |
| 2014 | $3.6M | $3.6M | $431K | $294K | — | View 990 |
| 2013 | $3.8M | $3.8M | $697K | $609K | — | View 990 |
| 2012 | $2.4M | $2.5M | $250K | $293K | — | View 990 |
| 2011 | $2.7M | $2.7M | $242K | $237K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.6M, and assets of $2.3M (revenue +9.6% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.1M, and assets of $2.5M (revenue +9.7% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.9M, and assets of $2.0M (revenue +33.6% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.9M, and assets of $1.8M (revenue +11.1% year-over-year).
- 2019: Revenue of $4.0M, expenses of $4.0M, and assets of $1.4M (revenue +3.8% year-over-year).
- 2018: Revenue of $3.8M, expenses of $3.9M, and assets of $1.5M (revenue -5.5% year-over-year).
- 2017: Revenue of $4.1M, expenses of $4.2M, and assets of $1.4M (revenue +10.1% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.7M, and assets of $1.1M (revenue +3.9% year-over-year).
- 2015: Revenue of $3.6M, expenses of $3.5M, and assets of $567K (revenue -1.1% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.6M, and assets of $431K (revenue -4.3% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.8M, and assets of $697K (revenue +55.9% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $250K (revenue -10.9% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $242K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Beach Reach Inc:
Data Sources and Methodology
This transparency report for Long Beach 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.