Civic Intelligence

The Reach Foundation

990EZ • Fiscal year 2022 • EIN 25-1744411

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

20 North Market Street STE 800Harrisburg, PA 17101

(717) 214-2200

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

99th percentile

8.14x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

100th percentile

9590.00x

Higher debt load relative to revenue than 100% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-901400%

Higher net margin than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

4th percentile

-88%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,178

Down $9,014 (-88%) from 2021

Net Assets

Down

-$8,412

Down $9,014 (-1497%) from 2021

Liabilities

Flat

$9,590

Flat from 2021

Revenue

Down

$1

Down $126,354 (-100%) from 2021

Expenses

Down

$9,015

Down $87,447 (-91%) from 2021

Net Income

Down

-$9,014

Down $38,907 (-130%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$20K$0-$20K-$40KAssets 2020: $5,299Liabilities 2020: $34,590Net Assets 2020: -$29,2912020Assets 2021: $10,192Liabilities 2021: $9,590Net Assets 2021: $6022021Assets 2022: $1,178Liabilities 2022: $9,590Net Assets 2022: -$8,4122022Assets 2023: $365Liabilities 2023: $9,590Net Assets 2023: -$9,2252023

Highlighted filing

2022

Assets$1,178
Liabilities$9,590
Net Assets-$8,412

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2020: $136,629Expenses 2020: $187,378Net Income 2020: -$50,7492020Revenue 2021: $126,355Expenses 2021: $96,462Net Income 2021: $29,8932021Revenue 2022: $1Expenses 2022: $9,015Net Income 2022: -$9,0142022Expenses 2023: $8132023

Highlighted filing

2022

Revenue$1
Expenses$9,015
Net Income-$9,014
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$1
Mission and Program Overview

Mission

Educational

Program Services

DescriptionGrantsExpenses
Providing information on school choice.-$3,189
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William J DonahueChairman-$0--
Christopher J BravacosPresident-$0--
Dennis A GiornoSecretarytreasurer-$0--
David RowanDirector-$0--
David TaylorDirector-$0--
Matthew BrouilletteDirector-$0--
Ted ClaterDirector-$0--
Greg DolanDirector-$0--
Michael GeerDirector-$0--
Chris HenkelsDirector-$0--
Dennis GilfoyleDirector-$0--
John TrombettaDirector-$0--
Sean McAleerDirector-$0--
Nathan BenefieldDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Reach Foundation
EIN
25-1744411
Address
20 North Market Street STE 800, Harrisburg, PA 17101

Signing Officer

Name
Dennis A Giorno
Title
Treasurer
Phone
7172381878
Signed
2023-11-13
Discuss with paid preparer
No

Preparer

Firm
Lewis and Associates PC
Address
128 State Street, Harrisburg, PA 17101
Preparer
George W Lewis
Phone
7173790897
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountPayroll service processing 866Fees and licenses 100Insurance 123

Description of total liabilities Part II line 26

Category Beginning of Year End of YearREACH Alliance 9,590 9,590

Raw XML Appendix208 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountPayroll service processing 866Fees and licenses 100Insurance 123
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearREACH Alliance 9,590 9,590
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0251744411
ReturnHeader/Filer/USAddress/AddressLine1Txt020 North Market Street STE 800
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0128 State Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Harrisburg
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ReturnHeader/PreparerPersonGrp/PhoneNum07173790897
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George W Lewis
ReturnHeader/ReturnTs02023-11-15T13:38:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dennis
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Giorno
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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