Civic Intelligence

Reaching U a Foundation for Uruguay

EIN 01-0599150 • 501(c)3 • Key Biscayne, FL

Profile

The mission of reaching u is to promote initiatives and strengthen organizations that offer educational opportunities so that all uruguayans living in poverty can develop their full potential.

328 Crandon Blvd Suite 119-308Key Biscayne, FL 33149

www.reachingu.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

55th percentile

0.09x

Higher debt load relative to assets than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

67th percentile

0.21x

Higher debt load relative to revenue than 67% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

23rd percentile

-9.3%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

71st percentile

$77,475

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 6.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

17th percentile

-8.1%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-5.3%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,536,300

Down $223,737 (-8.1%) from 2023

Liabilities

Down

$237,991

Down $131,079 (-36%) from 2023

Net Assets

Down

$2,298,309

Down $92,658 (-3.9%) from 2023

Revenue

Down

$1,118,815

Down $63,136 (-5.3%) from 2023

Expenses

Down

$1,222,527

Down $394,253 (-24%) from 2023

Net Income

Up

-$103,712

Up $331,117 (+76%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $402,462Liabilities 2010: $1,000Net Assets 2010: $401,4622010Assets 2011: $421,859Liabilities 2011: $52,886Net Assets 2011: $368,9732011Assets 2012: $581,774Liabilities 2012: $27,066Net Assets 2012: $554,7082012Assets 2013: $736,946Liabilities 2013: $43,398Net Assets 2013: $693,5482013Assets 2014: $5,083,252Liabilities 2014: $116,473Net Assets 2014: $4,966,7792014Assets 2015: $2,238,830Liabilities 2015: $109,310Net Assets 2015: $2,129,5202015Assets 2016: $1,512,972Liabilities 2016: $87,588Net Assets 2016: $1,425,3842016Assets 2017: $2,666,170Liabilities 2017: $8,500Net Assets 2017: $2,657,6702017Assets 2018: $1,200,941Liabilities 2018: $32,822Net Assets 2018: $1,168,1192018Assets 2019: $1,163,874Liabilities 2019: $33,737Net Assets 2019: $1,130,1372019Assets 2020: $1,509,914Liabilities 2020: $62,883Net Assets 2020: $1,447,0312020Assets 2021: $2,486,348Liabilities 2021: $124,065Net Assets 2021: $2,362,2832021Assets 2022: $2,983,341Liabilities 2022: $202,097Net Assets 2022: $2,781,2442022Assets 2023: $2,760,037Liabilities 2023: $369,070Net Assets 2023: $2,390,9672023Assets 2024: $2,536,300Liabilities 2024: $237,991Net Assets 2024: $2,298,3092024

Highlighted filing

2024

Assets$2,536,300
Liabilities$237,991
Net Assets$2,298,309

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $269,4862010Expenses 2011: $370,9592011Expenses 2012: $436,6792012Revenue 2013: $621,003Expenses 2013: $482,163Net Income 2013: $138,8402013Revenue 2014: $5,348,537Expenses 2014: $1,075,306Net Income 2014: $4,273,2312014Revenue 2015: $1,522,301Expenses 2015: $4,359,560Net Income 2015: -$2,837,2592015Revenue 2016: $1,654,413Expenses 2016: $2,358,549Net Income 2016: -$704,1362016Revenue 2017: $4,529,452Expenses 2017: $3,297,166Net Income 2017: $1,232,2862017Revenue 2018: $1,449,899Expenses 2018: $2,848,787Net Income 2018: -$1,398,8882018Revenue 2019: $742,057Expenses 2019: $780,039Net Income 2019: -$37,9822019Revenue 2020: $1,190,453Expenses 2020: $873,559Net Income 2020: $316,8942020Revenue 2021: $1,912,051Expenses 2021: $996,769Net Income 2021: $915,2822021Revenue 2022: $1,825,484Expenses 2022: $1,406,448Net Income 2022: $419,0362022Revenue 2023: $1,181,951Expenses 2023: $1,616,780Net Income 2023: -$434,8292023Revenue 2024: $1,118,815Expenses 2024: $1,222,527Net Income 2024: -$103,7122024

Highlighted filing

2024

Revenue$1,118,815
Expenses$1,222,527
Net Income-$103,712

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.24$2.30$1.12$1.22$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.37$2.39$1.18$1.62$0.43
2022Detailed filing. Detailed filing data is available for this year.$2.98$0.20$2.78$1.83$1.41$0.42
2021Detailed filing. Detailed filing data is available for this year.$2.49$0.12$2.36$1.91$1.00$0.92
2020Detailed filing. Detailed filing data is available for this year.$1.51$0.06$1.45$1.19$0.87$0.32
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.03$1.13$0.74$0.78$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.03$1.17$1.45$2.85$1.40
2017Detailed filing. Detailed filing data is available for this year.$2.67$0.01$2.66$4.53$3.30$1.23
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.09$1.43$1.65$2.36$0.70
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.11$2.13$1.52$4.36$2.84
2014Detailed filing. Detailed filing data is available for this year.$5.08$0.12$4.97$5.35$1.08$4.27
2013Detailed filing. Detailed filing data is available for this year.$0.74$0.04$0.69$0.62$0.48$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.03$0.55$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.05$0.37$0.37
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,711,866
Mission and Program Overview

Mission

The mission of reaching u is to promote initiatives and strengthen organizations that offer educational opportunities so that all uruguayans living in poverty can develop their full potential.

To promote initiatives and strengthen organizations that offer educational opportunities so that all uruguayans living in poverty can develop their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$784,268$1,077,649▲ $293,381
Accounts Receivable$55,684$73,256▲ $17,572
Savings and Temporary Cash Investments$857$895▲ $38
Prepaid Expenses and Deferred Charges$397$0▼ $397
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,760,037$2,536,300▼ $223,737
Other Assets Total$1,918,831$1,384,500▼ $534,331
Liabilities
Grants Payable$332,534$202,493▼ $130,041
Accounts Payable and Accrued Expenses$36,536$30,498▼ $6,038
Deferred Revenue-$5,000-
Total Liabilities$369,070$237,991▼ $131,079
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,130,387$2,178,067▲ $47,680
Net Assets With Donor Restrictions$260,580$120,242▼ $140,338
Total Net Assets Fund Balance$2,390,967$2,298,309▼ $92,658
Total Liabilities and Net Assets / Fund Balance$2,760,037$2,536,300▼ $223,737
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Fernanda GuliakExecutive DirectorFT$77,475$77,475
Paula MoseraExecutive DirectorFT$46,215$46,215

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,603,178
Program Service Revenue
$0
Investment Income
$100,363
Other Revenue
$-584,726
All Other Contributions
$742,652
Change in Net Assets
$-103,712

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Works of Art140$70,825Auction Value
Clothing and Household Goods-$600Auction Value
Total Noncash Contributions140$71,425-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,118,815
Revenue Not Reported on Form 990
$187,807
Total Revenue per Audited Statements
$1,306,622
Total Revenue per Form 990
$1,118,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$507,086
Salaries, Compensation, and Employee Benefits$419,848
Other Expenses$295,593
Total Fundraising Expense$205,955
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$507,086--$507,086
Other Salaries and Wages$87,899$50,228$113,011$251,138
Current Officers, Directors, Trustees, and Key Employees$43,291$24,738$55,661$123,690
Payroll Taxes$15,757$9,004$20,259$45,020
Fees for Services Accounting-$24,192-$24,192
Fees for Services Legal-$7,858-$7,858
Other Expenses$236,392$42$3,882$3,924
Insurance-$2,400-$2,400
All Other Expenses-$498$1,181$1,679
Office Expenses-$326-$326
Total Functional Expenses$890,425$126,147$205,955$1,222,527

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,399,280
Expenses per Audited Statements$1,222,527
Total Expenses per Form 990$1,222,527
Expenses Not Reported on Form 990$176,753
International Activity

International Summary

Offices
1
Employees
6
Spending
$1,221,147

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaGrant to RecipientsSalaries and Related Costs00$743,477
South AmericaProgram ServicesBank Fees16$419,848
South AmericaFundraisingsubscriptions00$54,019
South AmericaProgram Services-00$1,902
South AmericaProgram Servicestravel00$1,002
South AmericaProgram Services-00$899
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$586,769
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Global Fundraising Campaign$455,134-$432,198-
Miami Gala -usa$152,400-$35,853-
Total Events$860,526-$586,769$-586,769
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The organization's Form 990 is reviewed and approved at board meetings before the documents are filed with the IRS.

Form 990, Part VI, Section B, Line 12C

Reaching U's conflicts of interest policy is set forth in its bylaws. Board members and officers are aware of our conflicts of interest policy and the board members are reminded of it annually at a board meeting. On matters up for approval by the board of directors or its executive committee, a conflicted board member is required to recuse himself/herself.

Form 990, Part VI, Section B, Line 15A

It is analyzed and approved by the board members during Board meetings.

Form 990, Part VI, Section C, Line 18

Reaching u's form 990 also available at www.guidestar.org.

Form 990, Part VI, Section C, Line 19

THE ORGaNIZATION'S AUDITED FINANCIAL STATEMENTS AS WELL AS Governing documents are made available to the public UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Reaching U a Foundation for Uruguay
EIN
01-0599150
Phone
7862522428
Address
328 CRANDON BLVD SUITE 119-308, KEY BISCAYNE, FL 33149

Signing Officer

Name
Paula Mosera
Title
Executive Director
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paula Mosera
Formed
2001
Legal Domicile
Ny
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
70

Preparer

Firm
Gruber Palumberi Raffaele Fried CPAs PC
Address
7 Penn Plaza Suite 310, New York, NY 10001
Preparer
M Carline Logerie CPA
Phone
2125860800
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

Reaching U has adopted Accounting Standards Codification 740 ("ASC 740") "Income Taxes." ASC 740 requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The implementation of ASC 740 did not have an impact on the foundation's tax-exempt status or on its financial statements. Reaching U currently has procedures in place to ensure the maintenance of its tax-exempt status. These include identifying and reporting unrelated business income, determining and meeting its filing and tax obligations in jurisdictions in which it operates. The organization's management does not believe its financial statements include any uncertain tax positions.Reaching U's Forms 990, Return of Organization Exempt for Income Tax, for the years ended December 31, 2021, 2022, and 2023, are subject to examination by the IRS, generally for three years after they were filed.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising events direct expenses $158153

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising events direct expenses $158153

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IRS990/Form990PartVIISectionAGrp/PersonNm17ROBERT WEISZ
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
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IRS990/MissionDesc0THE MISSION OF REACHING U IS TO PROMOTE INITIATIVES AND STRENGTHEN ORGANIZATIONS THAT OFFER EDUCATIONAL OPPORTUNITIES SO THAT ALL URUGUAYANS LIVING IN POVERTY CAN DEVELOP THEIR FULL POTENTIAL.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Others: Inclusion and diversity: Promoting access to and permanence within the education system, as well as enhancing learning for those students who are at greater risk of school exclusion. Language: These programs seek to develop the reading and writing skills of children and adolescents, with the aim of improving learning.
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IRS990/ProgSrvcAccomActy3Grp/Desc0STEAM: Programs under this strategic area seek to boost the interest of children and adolescents in these disciplines, through the development of essential skills for the XXI century such as problem solving, creativity and critical thinking
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0Better Learning: The purpose of tutoring programs is the accompaniment and personalized guidance of students in their learning process, with the aim of ensuring permanence in the formal education system.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Early childhood: This stage is configured as a critical period in the integral development of the human being; paying sensitive and multidimensional attention is crucial to guarantee the current and future well-being. The programs of this strategic area aim to strengthen the experience of children in this crucial stage.
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