Civic Intelligence

Our Reach Foundation

990 • Fiscal year 2015 • EIN 81-0895868

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 04, 2016

221 1st Ave SW Suite 202Rochester, MN 55902

(507) 358-1945

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$145,016

No earlier filing loaded for comparison.

Net Assets

$145,016

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$145,016

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$145,016

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $145,016Liabilities 2015: $0Net Assets 2015: $145,0162015Assets 2017: $142,569Liabilities 2017: $0Net Assets 2017: $142,5692017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$145,016
Liabilities$0
Net Assets$145,016

Operations Trend

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

$200K$100K$0-$100K-$200KRevenue 2015: $145,016Expenses 2015: $0Net Income 2015: $145,0162015Revenue 2017: $5,260Expenses 2017: $20,083Net Income 2017: -$14,8232017Revenue 2018: $0Expenses 2018: $152,222Net Income 2018: -$152,2222018

Highlighted filing

2015

Revenue$145,016
Expenses$0
Net Income$145,016
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 4, 2016
Return Version
2015v2.1
Gross Receipts
$145,016
Mission and Program Overview

Mission

Reach foundations primary goal is providing education and healthcare for children in india and us. We fundamentally believe that education is a key socio-economic change agent. When a child misses elementary school they directly contribute to increased child labor and thereby increasing poverty levels. In higher education, most children drop out primarily due to lack of financial support with the help of our foundation we truly believe that extending their time to complete higher education will put them in the right path for vocational training and the objective of the education arm include: -identifying children and families in need to support both in elementary and higher education segments and supporting them financially to complete their formal education -support includes food, clothing, books, tuition fees, developing vocational programs, scholarships/grants for capable students healthcare is another notable underdeveloped area in developing countries, especially chronic diseases

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$145,016-
Total Assets$0$145,016▲ $145,016
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$145,016-
Total Net Assets Fund Balance$0$145,016▲ $145,016
Total Liabilities and Net Assets / Fund Balance$0$145,016▲ $145,016
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$145,000
Program Service Revenue
$0
Investment Income
$16
Other Revenue
$0
Change in Net Assets
$145,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Our Reach Foundation
EIN
81-0895868
Address
221 1ST AVE SW SUITE 202, ROCHESTER, MN 55902

Signing Officer

Name
Manivannan Thavasi
Title
Director
Phone
5073581945
Signed
2016-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Manivannan Thavasi
Formed
2015
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Med City Tax Service
Address
3270 19TH ST NW STE 110, ROCHESTER, MN 55901-2950
Preparer
ALLAN O'BRYAN
Phone
5072584552
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Reach foundations primary goal is providing education and healthcare for children in india and us. We fundamentally believe that education is a key socio-economic change agent. When a child misses elementary school they directly contribute to increased child labor and thereby increasing poverty levels. In higher education, most children drop out primarily due to lack of financial support with the help of our foundation we truly believe that extending their time to complete higher education will put them in the right path for vocational training and the objective of the education arm include: -identifying children and families in need to support both in elementary and higher education segments and supporting them financially to complete their formal education -support includes food, clothing, books, tuition fees, developing vocational programs, scholarships/grants for capable students healthcare is another notable underdeveloped area in developing countries, especially chronic diseases in children is not funded or taken care by public institutions. Our directors of trbhi have been actively involved in children cancer society of india for number of years by providing monetary support to very young children identified for cancer treatments. Our mission will continue with a broader reach of collaboration with regional hospitals in india to identify potential children in need - develop and fund programs to support them through their treatment and recovery.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/Filer/EIN0810895868
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER
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ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ALLAN O'BRYAN
ReturnHeader/ReturnTs02016-06-17T11:06:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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