Reach Up Inc
Reach Up Inc. shows consistent financial growth and zero reported officer compensation over a decade.
EIN: 208437749 · Temple Terr, FL · Updated: 2026-03-28
Is Reach Up Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Reach Up Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Reach Up Inc
Reach Up Inc (EIN: 208437749) is a nonprofit organization based in Temple Terr, FL. The organization reported total revenue of $7.0M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach Up Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reach Up 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, Reach Up 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.
Executive Compensation Analysis
Reach Up Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with revenues in the multi-million dollar range and suggests a strong commitment to program spending or an alternative compensation structure.
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 Up Inc's IRS 990 filings:
- Significant discrepancy between 'Latest Revenue' and most recent filing's revenue, requiring clarification.
- Consistent 0% officer compensation for a multi-million dollar organization, which is unusual and warrants further investigation into executive compensation practices.
Strengths
The following positive indicators were identified for Reach Up Inc:
- Consistent revenue generation exceeding expenses over a decade, indicating financial stability.
- Significant growth in assets from $329,789 in 2014 to $1,583,725 in 2023, demonstrating asset accumulation.
- Strong indication of program focus given the 0% reported officer compensation, suggesting funds are directed towards the mission.
Frequently Asked Questions about Reach Up Inc
Is Reach Up Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Reach Up Inc (EIN: 208437749) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Reach Up Inc spend its money?
Reach Up Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Reach Up Inc tax-deductible?
Reach Up Inc is registered as a tax-exempt nonprofit (EIN: 208437749). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What accounts for the significant increase in 'Latest Revenue' ($7,039,872) compared to the 202305 filing's revenue ($4,766,667)?
The provided data shows a substantial jump in the 'Latest Revenue' figure compared to the most recent detailed filing. This discrepancy requires further examination of the full 990 form to understand the source of this additional income and its impact on the organization's financial health and operations.
How are executive roles compensated if 'Officer Comp' is consistently reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. It suggests that executive leadership may be volunteer-based, compensated through a related entity, or that compensation is categorized differently within the full 990, which would need to be reviewed for complete transparency.
What is the NTEE Code for Reach Up Inc. and how does it align with its mission?
The NTEE Code is currently unknown. Identifying this code would provide clarity on the organization's primary activities and allow for better comparison with peer organizations in terms of financial efficiency and program focus.
What is the organization's strategy for managing its liabilities, which have fluctuated significantly?
Liabilities have shown considerable fluctuation, from a low of $159,923 in 2014 to a high of $950,584 in 2021, and then down to $891,758 in 2023. Understanding the nature of these liabilities and the organization's management strategy is important for assessing long-term financial stability.
Filing History
IRS 990 filing history for Reach Up Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Reach Up Inc's revenue has grown by 152.6%, moving from $1.9M to $4.8M. Total assets increased by 694.4% over the same period, from $199K to $1.6M. Total functional expenses rose by 170.9%, from $1.9M to $5.1M. In its most recent filing year (2023), Reach Up Inc reported a deficit of $345K, with expenses exceeding revenue. The organization holds $892K in liabilities against $1.6M in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $692K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $5.1M | $1.6M | $892K | — | View 990 |
| 2022 | $5.0M | $4.8M | $1.7M | $653K | — | View 990 |
| 2021 | $4.4M | $4.3M | $1.8M | $951K | — | View 990 |
| 2020 | $4.0M | $3.9M | $1.7M | $912K | — | View 990 |
| 2019 | $4.0M | $3.9M | $945K | $215K | — | View 990 |
| 2018 | $4.1M | $4.0M | $842K | $219K | — | View 990 |
| 2017 | $4.0M | $3.9M | $698K | $181K | — | View 990 |
| 2016 | $4.3M | $4.2M | $599K | $171K | — | View 990 |
| 2015 | $4.1M | $4.0M | $529K | $263K | — | View 990 |
| 2014 | $3.2M | $3.1M | $330K | $160K | — | View 990 |
| 2013 | $2.4M | $2.4M | $352K | $282K | — | View 990 |
| 2012 | $1.9M | $1.9M | $199K | $138K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $5.1M, and assets of $1.6M (revenue -4.6% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.8M, and assets of $1.7M (revenue +14.7% year-over-year).
- 2021: Revenue of $4.4M, expenses of $4.3M, and assets of $1.8M (revenue +9.2% year-over-year).
- 2020: Revenue of $4.0M, expenses of $3.9M, and assets of $1.7M (revenue -1.0% year-over-year).
- 2019: Revenue of $4.0M, expenses of $3.9M, and assets of $945K (revenue -1.2% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.0M, and assets of $842K (revenue +2.6% year-over-year).
- 2017: Revenue of $4.0M, expenses of $3.9M, and assets of $698K (revenue -8.5% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.2M, and assets of $599K (revenue +6.4% year-over-year).
- 2015: Revenue of $4.1M, expenses of $4.0M, and assets of $529K (revenue +26.3% year-over-year).
- 2014: Revenue of $3.2M, expenses of $3.1M, and assets of $330K (revenue +35.4% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.4M, and assets of $352K (revenue +26.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $199K.
Data Sources and Methodology
This transparency report for Reach Up 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.