Civic Intelligence

Reaching Back Inc.

990EZ • Fiscal year 2019 • EIN 46-2500994

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 21, 2020

PO Box 352Germantown, MD 20875-0352

(240) 620-9563

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.18x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

1.37x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-37%

Higher net margin than 13% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2019 filings • NTEE Q30 • <$500k nonprofits • Source year 2019

Asset Growth

56th percentile

12%

Faster asset growth than 56% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-26%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • NTEE Q30 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$895

Up $99 (+12%) from 2018

Net Assets

$733

No earlier filing loaded for comparison.

Liabilities

Up

$162

Up $162 from 2018

Revenue

Down

$118

Down $42 (-26%) from 2018

Expenses

Up

$162

Up $142 (+710%) from 2018

Net Income

Down

-$44

Down $184 (-131%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5K$1.0K$500$0Assets 2013: $40Liabilities 2013: $02013Assets 2014: $125Liabilities 2014: $02014Assets 2015: $396Liabilities 2015: $02015Assets 2016: $496Liabilities 2016: $02016Assets 2017: $636Liabilities 2017: $02017Assets 2018: $796Liabilities 2018: $02018Assets 2019: $895Liabilities 2019: $162Net Assets 2019: $7332019Assets 2020: $875Liabilities 2020: $10Net Assets 2020: $8652020Assets 2021: $1,106Liabilities 2021: $0Net Assets 2021: $1,1062021Assets 2022: $914Liabilities 2022: $0Net Assets 2022: $9142022Assets 2023: $722Liabilities 2023: $0Net Assets 2023: $7222023Assets 2024: $722Liabilities 2024: $0Net Assets 2024: $7222024

Highlighted filing

2019

Assets$895
Liabilities$162
Net Assets$733

Operations Trend

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

$400$200$0-$200Revenue 2013: $40Expenses 2013: $0Net Income 2013: $402013Revenue 2014: $85Expenses 2014: $0Net Income 2014: $852014Revenue 2015: $271Expenses 2015: $0Net Income 2015: $2712015Revenue 2016: $120Expenses 2016: $20Net Income 2016: $1002016Revenue 2017: $140Expenses 2017: $0Net Income 2017: $1402017Revenue 2018: $160Expenses 2018: $20Net Income 2018: $1402018Revenue 2019: $118Expenses 2019: $162Net Income 2019: -$442019Revenue 2020: $142Expenses 2020: $10Net Income 2020: $1322020Revenue 2021: $241Expenses 2021: $0Net Income 2021: $2412021Revenue 2022: $0Expenses 2022: $192Net Income 2022: -$1922022Revenue 2023: $0Expenses 2023: $192Net Income 2023: -$1922023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2019

Revenue$118
Expenses$162
Net Income-$44
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 21, 2020
Return Version
2019v5.0
Gross Receipts
$118
Mission and Program Overview

Mission

Primary Purpose: The foundation is organized exclusively for charitable and educational purposes within the scope of Section 501 (c)(3) of the Internal Revenue Code, 1986, or the corresponding provision of any future federal law. We plan to empower the youth with knowledge opportunities and encouragement for the development of future entrepreneurs through mentors, classes and/or job placement. Consequently, we plan to provide educational and technical services, international assistance, and grants to the youth.

Program Services

DescriptionGrantsExpenses
We were able to connect and advise with several entrepreneurs during three conferences: The Women's Legislative Briefing, NAN Annual Conference and the Maryland Charity Campaign.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Monette HarrisonPresidentPT$0--
Winston HarrisonLiaison DirectorPT$0--
John E ArmstrongVolunteer Coordinator-$0--
Filing and Contact Details

Filer

Filer Name
Reaching Back Inc
EIN
46-2500994
Phone
2406209563
Address
PO Box 352, Germantown, MD 20875-0352

Signing Officer

Name
Monette Harrison
Title
President
Phone
2406209563
Signed
2020-09-21
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Description;Amount^Marketing materials;162^Total;162^

Form 990-EZ, Part II, Line 26

Description;EOY Amount^Marketing materials;162^Total;162^

Form 990-EZ, Part III, Line (28-31)

28. Scholarships for education: monetary funds will be dispersed to students who satisfy and/or exceed the requirements for enrolling into a post-secondary education or technical training school. 29. Grants for starting a business: monetary funds and mentors will be available for any entrepreneur with a clear plan in starting a business and may be paired with a veteran entrepreneur in his/her own field during the process. 30. Humanitarian Building Fund for the youth center that will be built in Jamaica. This building will provide a haven for young adults and children to develop his/her career plan(s). Enrollees will be able to take computer classes to further his/her knowledge of software and applications. On occasion, we blog about our small business entrepreneurs to publicized his/her business, product(s) or special event(s). It is estimated that we intend to provide up to $1,500.00 in grants towards each chosen business venture. The grants will come from the money that is raised from fund-raising events, auctions, donations, Caribbean box lunches, angels and investors, etc.

Raw XML Appendix184 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0We were unable to acquire a quantifiable recipient, nor had adequate funds for disbursements.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt228. Scholarships for education: monetary funds will be dispersed to students who satisfy and/or exceed the requirements for enrolling into a post-secondary education or technical training school. 29. Grants for starting a business: monetary funds and mentors will be available for any entrepreneur with a clear plan in starting a business and may be paired with a veteran entrepreneur in his/her own field during the process. 30. Humanitarian Building Fund for the youth center that will be built in Jamaica. This building will provide a haven for young adults and children to develop his/her career plan(s). Enrollees will be able to take computer classes to further his/her knowledge of software and applications. On occasion, we blog about our small business entrepreneurs to publicized his/her business, product(s) or special event(s). It is estimated that we intend to provide up to $1,500.00 in grants towards each chosen business venture. The grants will come from the money that is raised from fund-raising events, auctions, donations, Caribbean box lunches, angels and investors, etc.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part III, Line (28-31)
ReasonableCauseExplanation/ExplanationTxt0Due to Covid - 19 and a temporary loss of filing documents, this foundation suffered significant hardships during the course of this year. We are now able to pick up from where we left off.
ReturnHeader/BuildTS02022-02-16 14:24:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Monette Harrison
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02406209563
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REACHING BACK INC
ReturnHeader/Filer/BusinessNameControlTxt0REAC
ReturnHeader/Filer/EIN0462500994
ReturnHeader/Filer/PhoneNum02406209563
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 352
ReturnHeader/Filer/USAddress/CityNm0Germantown
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0208750352
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0108.28.28.11
ReturnHeader/ReturnTs02020-09-21T16:14:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings