Reach World Mission Inc
EIN: 273952565 · Garland, KS · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $135K |
| Net Assets | $55K |
Is Reach World Mission Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reach World Mission Inc
Reach World Mission Inc (EIN: 273952565) is a nonprofit organization based in Garland, KS, classified under NTEE code X20. The organization reported total revenue of $113K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reach World Mission Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reach World Mission Inc is a small nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $135K |
| Surplus / Deficit | $-20,530 |
| Total Assets | $55K |
| Total Liabilities | $272 |
| Net Assets | $55K |
| Operating Margin | -18.0% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2023, Reach World Mission Inc reported a deficit of $21K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Reach World Mission Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +28.6% | +32.8% | -28.4% |
| 2022 | -9.0% | +44.7% | -12.8% |
| 2021 | +21.8% | +5.3% | +45.4% |
| 2020 | +12.5% | -8.1% | +28.8% |
| 2019 | +3.6% | +3.5% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reach World Mission Inc 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 World Mission Inc 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 deficit of $21K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about Reach World Mission Inc
Is Reach World Mission Inc a legitimate charity?
Reach World Mission Inc (EIN: 273952565) is a registered tax-exempt nonprofit based in Kansas. It has 11 years of IRS 990 filings on record. Total revenue: $113K. No red flags identified. Financial health grade: B.
How does Reach World Mission Inc spend its money?
Reach World Mission Inc reported $113K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reach World Mission Inc tax-deductible?
Reach World Mission Inc is registered as a tax-exempt nonprofit (EIN: 273952565). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reach World Mission Inc located?
Reach World Mission Inc is headquartered in Garland, Kansas and files with the IRS under EIN 273952565. It is classified under NTEE code X20.
How many years of IRS 990 filings does Reach World Mission Inc have?
Reach World Mission Inc has 11 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 $113K in total revenue.
Filing History
IRS 990 filing history for Reach World Mission Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Reach World Mission Inc's revenue has grown by 106.7%, moving from $55K to $114K. Total assets increased by 167.1% over the same period, from $21K to $55K. Total functional expenses rose by 171.6%, from $50K to $135K. In its most recent filing year (2023), Reach World Mission Inc reported a deficit of $21K, with expenses exceeding revenue. The organization holds $272 in liabilities against $55K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $55K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $135K | $55K | $272 | — | View 990 |
| 2022 | $89K | $101K | $77K | $1K | — | View 990 |
| 2021 | $97K | $70K | $88K | $0 | — | — |
| 2020 | $80K | $67K | $60K | $12 | — | View 990 |
| 2019 | $71K | $72K | $47K | $0 | — | View 990 |
| 2018 | $69K | $70K | $48K | $40 | — | View 990 |
| 2017 | $68K | $69K | $50K | $553 | — | View 990 |
| 2016 | $81K | $68K | $53K | $914 | — | View 990 |
| 2015 | $59K | $57K | $40K | $371 | — | View 990 |
| 2014 | $68K | $49K | $39K | $0 | — | View 990 |
| 2013 | $55K | $50K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $135K, and assets of $55K (revenue +28.6% year-over-year).
- 2022: Revenue of $89K, expenses of $101K, and assets of $77K (revenue -9.0% year-over-year).
- 2021: Revenue of $97K, expenses of $70K, and assets of $88K (revenue +21.8% year-over-year).
- 2020: Revenue of $80K, expenses of $67K, and assets of $60K (revenue +12.5% year-over-year).
- 2019: Revenue of $71K, expenses of $72K, and assets of $47K (revenue +3.6% year-over-year).
- 2018: Revenue of $69K, expenses of $70K, and assets of $48K (revenue +1.0% year-over-year).
- 2017: Revenue of $68K, expenses of $69K, and assets of $50K (revenue -16.5% year-over-year).
- 2016: Revenue of $81K, expenses of $68K, and assets of $53K (revenue +39.0% year-over-year).
- 2015: Revenue of $59K, expenses of $57K, and assets of $40K (revenue -14.0% year-over-year).
- 2014: Revenue of $68K, expenses of $49K, and assets of $39K (revenue +23.4% year-over-year).
- 2013: Revenue of $55K, expenses of $50K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reach World Mission Inc:
Data Sources and Methodology
This transparency report for Reach World Mission 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.