Reach Ministries
Reach Ministries consistently operates on a tight budget with minimal assets and frequent deficits.
EIN: 203484372 · Walls, MS · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $61K |
| Program Spending | 80% |
| Net Assets | $-3,143 |
| Transparency Score | 65/100 |
Is Reach Ministries Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reach Ministries directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reach Ministries
Reach Ministries (EIN: 203484372) is a nonprofit organization based in Walls, MS, classified under NTEE code X21. The organization reported total revenue of $57K and total assets of $142 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reach Ministries is a micro nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $57K |
| Total Expenses | $61K |
| Surplus / Deficit | $-3,966 |
| Total Assets | $142 |
| Total Liabilities | $3K |
| Net Assets | $-3,143 |
| Operating Margin | -7.0% |
| Debt-to-Asset Ratio | 2313.4% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2019, Reach Ministries reported a deficit of $4K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 2313.4% (high leverage).
Financial Trends
Over 9 years of filings (2011–2019), Reach Ministries's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -13.6% | -12.0% | -91.7% |
| 2018 | -2.8% | +10.6% | -70.7% |
| 2017 | -1.1% | -7.3% | +608.8% |
| 2016 | +10.7% | +1.1% | -53.7% |
| 2015 | -16.1% | -4.3% | -61.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Ministries with a Mission Score of 65 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, Reach Ministries 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2313.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is likely volunteer-based or receives no salary, which is highly efficient for an organization of this size.
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 Reach Ministries's IRS 990 filings:
- Consistent operating deficits (e.g., $56,571 revenue vs. $60,537 expenses in 2019)
- Extremely low asset base ($142 in 2019) relative to liabilities ($3,285 in 2019)
- Liabilities consistently exceed assets, indicating potential solvency issues
Strengths
The following positive indicators were identified for Reach Ministries:
- Zero officer compensation reported across all filings, indicating efficient use of funds for leadership
- Consistent filing history over 9 periods, demonstrating transparency in reporting
Frequently Asked Questions about Reach Ministries
Is Reach Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Reach Ministries (EIN: 203484372) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Reach Ministries spend its money?
Reach Ministries directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reach Ministries tax-deductible?
Reach Ministries is registered as a tax-exempt nonprofit (EIN: 203484372). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Reach Ministries's spending goes to programs?
Reach Ministries directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Reach Ministries compare to similar nonprofits?
With a transparency score of 65/100 (Good), Reach Ministries is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Reach Ministries located?
Reach Ministries is headquartered in Walls, Mississippi and files with the IRS under EIN 203484372. It is classified under NTEE code X21.
How many years of IRS 990 filings does Reach Ministries have?
Reach Ministries has 9 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 $57K in total revenue.
Is Reach Ministries a good charity?
Reach Ministries demonstrates a commitment to its mission by not paying officer compensation, which is a positive. However, its consistent operating deficits and extremely low asset base raise concerns about its financial stability and long-term viability. Donors should consider these factors.
How does Reach Ministries manage its liabilities?
The organization consistently carries liabilities, such as $3,285 in 2019, which are significantly higher than its reported assets ($142 in 2019). This suggests a reliance on future income or other informal arrangements to cover its obligations, which could be a financial risk.
What is the trend in Reach Ministries' financial health?
Reach Ministries has shown a trend of declining assets and frequent operating deficits in recent years. For example, assets dropped from $5,869 in 2017 to $142 in 2019, and expenses exceeded revenue in 2019 and 2018.
Filing History
IRS 990 filing history for Reach Ministries showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Reach Ministries's revenue has declined by 23.3%, moving from $74K to $57K. Total assets decreased by 96.5% over the same period, from $4K to $142. Total functional expenses fell by 15%, from $71K to $61K. In its most recent filing year (2019), Reach Ministries reported a deficit of $4K, with expenses exceeding revenue. The organization holds $3K in liabilities against $142 in assets (debt-to-asset ratio: 2313.4%), resulting in net assets of $-3,143.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $57K | $61K | $142 | $3K | — | View 990 |
| 2018 | $65K | $69K | $2K | $894 | — | View 990 |
| 2017 | $67K | $62K | $6K | $2K | — | — |
| 2016 | $68K | $67K | $828 | $2K | — | View 990 |
| 2015 | $61K | $66K | $2K | $4K | — | View 990 |
| 2014 | $73K | $69K | $5K | $2K | — | View 990 |
| 2013 | $61K | $60K | $2K | $4K | — | View 990 |
| 2012 | $63K | $66K | $278 | $2K | — | View 990 |
| 2011 | $74K | $71K | $4K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $57K, expenses of $61K, and assets of $142 (revenue -13.6% year-over-year).
- 2018: Revenue of $65K, expenses of $69K, and assets of $2K (revenue -2.8% year-over-year).
- 2017: Revenue of $67K, expenses of $62K, and assets of $6K (revenue -1.1% year-over-year).
- 2016: Revenue of $68K, expenses of $67K, and assets of $828 (revenue +10.7% year-over-year).
- 2015: Revenue of $61K, expenses of $66K, and assets of $2K (revenue -16.1% year-over-year).
- 2014: Revenue of $73K, expenses of $69K, and assets of $5K (revenue +21.0% year-over-year).
- 2013: Revenue of $61K, expenses of $60K, and assets of $2K (revenue -3.3% year-over-year).
- 2012: Revenue of $63K, expenses of $66K, and assets of $278 (revenue -15.1% year-over-year).
- 2011: Revenue of $74K, expenses of $71K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reach Ministries:
Data Sources and Methodology
This transparency report for Reach Ministries 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.