Reach The Heart
EIN: 843396031 · Fargo, ND · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $38K |
| Total Expenses | $67K |
| Net Assets | $86K |
Is Reach The Heart Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reach The Heart
Reach The Heart (EIN: 843396031) is a nonprofit organization based in Fargo, ND, classified under NTEE code X20. The organization reported total revenue of $38K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach The Heart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reach The Heart is a micro nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 175.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $67K |
| Surplus / Deficit | +$2K |
| Total Assets | $86K |
| Net Assets | $86K |
| Operating Margin | 2.2% |
| Months of Reserves | 15.2 months |
Financial Health Grade: A
In 2023, Reach The Heart reported a surplus of $2K with revenue exceeding expenses, holds 15.2 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2019–2023), Reach The Heart's revenue has grown at a compound annual growth rate (CAGR) of 175.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.5% | -11.6% | +1.8% |
| 2022 | -3.4% | +3.5% | +44.3% |
| 2021 | +8674.0% | — | +4736.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reach The Heart 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 Reach The Heart 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 surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about Reach The Heart
Is Reach The Heart a legitimate charity?
Based on AI analysis of IRS 990 filings, Reach The Heart (EIN: 843396031) insufficient data. 0 red flags identified, 0 strengths noted.
How does Reach The Heart spend its money?
Detailed spending breakdown data is not yet available for Reach The Heart. Check back for updated IRS 990 analysis.
Are donations to Reach The Heart tax-deductible?
Reach The Heart is registered as a tax-exempt nonprofit (EIN: 843396031). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reach The Heart located?
Reach The Heart is headquartered in Fargo, North Dakota and files with the IRS under EIN 843396031. It is classified under NTEE code X20.
How many years of IRS 990 filings does Reach The Heart have?
Reach The Heart has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $38K in total revenue.
Filing History
IRS 990 filing history for Reach The Heart showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Reach The Heart's revenue has grown by 5620.8%, moving from $1K to $69K. Total assets increased by 7003.7% over the same period, from $1K to $86K. In its most recent filing year (2023), Reach The Heart reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $67K | $86K | $0 | — | — |
| 2022 | $102K | $76K | $84K | $0 | — | View 990 |
| 2021 | $106K | $74K | $58K | $0 | — | — |
| 2019 | $1K | $0 | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $67K, and assets of $86K (revenue -32.5% year-over-year).
- 2022: Revenue of $102K, expenses of $76K, and assets of $84K (revenue -3.4% year-over-year).
- 2021: Revenue of $106K, expenses of $74K, and assets of $58K (revenue +8674.0% year-over-year).
- 2019: Revenue of $1K, expenses of $0, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reach The Heart:
Data Sources and Methodology
This transparency report for Reach The Heart 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.