Reach For Excellence Inc
Reach For Excellence Inc shows strong asset growth and no reported executive compensation over the past decade.
EIN: 10614724 · Brookhaven, GA · NTEE: B90 · Updated: 2026-03-27
Is Reach For Excellence Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reach For Excellence Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reach For Excellence Inc
Reach For Excellence Inc (EIN: 10614724) is a nonprofit organization based in Brookhaven, GA, classified under NTEE code B90. The organization reported total revenue of $1.0M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach For Excellence Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reach For Excellence Inc is a mid-size nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $527K |
| Total Expenses | $554K |
| Surplus / Deficit | $-26,815 |
| Total Assets | $1.0M |
| Total Liabilities | $18K |
| Net Assets | $1.0M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 22.2 months |
Financial Health Grade: B
In 2023, Reach For Excellence Inc reported a deficit of $27K with expenses exceeding revenue, holds 22.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Reach For Excellence Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.1% | -1.5% | +0.1% |
| 2022 | +42.6% | +26.8% | +0.5% |
| 2021 | -59.8% | +3.4% | +6.9% |
| 2020 | +182.4% | -11.6% | +254.5% |
| 2019 | +18.3% | +17.5% | -10.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2002 |
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 Reach For Excellence Inc with a Mission Score of 90 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, Reach For Excellence 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 deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Reach For Excellence Inc consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with over $1 million in latest revenue and assets.
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.
Strengths
The following positive indicators were identified for Reach For Excellence Inc:
- Consistent 0% officer compensation reported across all filings, indicating strong mission focus.
- Significant asset growth from $181,163 in 2014 to $1,418,765 currently.
- Maintained relatively low liabilities over the past decade.
- Consistent IRS 990 filing history, demonstrating transparency.
- Strong revenue generation, with latest revenue over $1 million.
Frequently Asked Questions about Reach For Excellence Inc
Is Reach For Excellence Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reach For Excellence Inc (EIN: 10614724) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Reach For Excellence Inc spend its money?
Reach For Excellence Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reach For Excellence Inc tax-deductible?
Reach For Excellence Inc is registered as a tax-exempt nonprofit (EIN: 10614724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Reach For Excellence Inc financially stable?
Yes, the organization appears financially stable, demonstrating consistent revenue generation and significant asset growth from $181,163 in 2014 to $1,418,765 currently, while maintaining low liabilities.
Does Reach For Excellence Inc pay its executives?
No, all available IRS 990 filings for Reach For Excellence Inc report 0% officer compensation, indicating no executive salaries are paid.
How has Reach For Excellence Inc's revenue trended?
Revenue has fluctuated but shown overall growth and stability, ranging from $331,507 in 2014 to a peak of $1,153,144 in 2020, with the latest reported revenue at $1,004,451.
What is the organization's asset growth like?
Reach For Excellence Inc has experienced substantial asset growth, increasing from $181,163 in 2014 to $1,418,765 currently, reflecting effective financial management and resource accumulation.
Filing History
IRS 990 filing history for Reach For Excellence Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Reach For Excellence Inc's revenue has grown by 59.1%, moving from $332K to $527K. Total assets increased by 466.3% over the same period, from $181K to $1.0M. Total functional expenses rose by 61%, from $344K to $554K. In its most recent filing year (2023), Reach For Excellence Inc reported a deficit of $27K, with expenses exceeding revenue. The organization holds $18K in liabilities against $1.0M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $527K | $554K | $1.0M | $18K | — | — |
| 2022 | $660K | $563K | $1.0M | $20K | — | View 990 |
| 2021 | $463K | $444K | $1.0M | $31K | — | — |
| 2020 | $1.2M | $429K | $954K | $13K | — | View 990 |
| 2019 | $408K | $485K | $269K | $54K | — | View 990 |
| 2018 | $345K | $413K | $300K | $15K | — | View 990 |
| 2017 | $478K | $438K | $369K | $16K | — | View 990 |
| 2016 | $407K | $388K | $318K | $6K | — | View 990 |
| 2015 | $493K | $377K | $367K | $74K | — | View 990 |
| 2014 | $332K | $344K | $181K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $527K, expenses of $554K, and assets of $1.0M (revenue -20.1% year-over-year).
- 2022: Revenue of $660K, expenses of $563K, and assets of $1.0M (revenue +42.6% year-over-year).
- 2021: Revenue of $463K, expenses of $444K, and assets of $1.0M (revenue -59.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $429K, and assets of $954K (revenue +182.4% year-over-year).
- 2019: Revenue of $408K, expenses of $485K, and assets of $269K (revenue +18.3% year-over-year).
- 2018: Revenue of $345K, expenses of $413K, and assets of $300K (revenue -27.8% year-over-year).
- 2017: Revenue of $478K, expenses of $438K, and assets of $369K (revenue +17.5% year-over-year).
- 2016: Revenue of $407K, expenses of $388K, and assets of $318K (revenue -17.5% year-over-year).
- 2015: Revenue of $493K, expenses of $377K, and assets of $367K (revenue +48.7% year-over-year).
- 2014: Revenue of $332K, expenses of $344K, and assets of $181K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reach For Excellence Inc:
Data Sources and Methodology
This transparency report for Reach For Excellence 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.