Civic Intelligence

Reach Qalicb Inc

EIN 82-1096766 • 501(c)3 • Klamath Falls, OR

Profile

See schedule othe corporation is organized and must be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of reach, inc., an oregon nonprofit corporation ("reach"), which is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended.

2350 Maywood DriveKlamath Falls, OR 97603

n/A

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.91x

Higher debt load relative to assets than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

35.25x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

2nd percentile

-165%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

32nd percentile

-1.1%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

29%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,886,841

Down $39,614 (-0.6%) from 2021

Liabilities

Up

$6,579,931

Up $32,431 (+0.5%) from 2021

Net Assets

Down

$306,910

Down $72,045 (-19%) from 2021

Revenue

Flat

$144,000

Flat from 2021

Expenses

Up

$492,329

Up $118 (+0.0%) from 2021

Net Income

Down

-$348,329

Down $118 (-0.0%) from 2021

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $7,212,750Liabilities 2019: $6,678,502Net Assets 2019: $534,2482019Assets 2020: $7,001,235Liabilities 2020: $6,547,500Net Assets 2020: $453,7352020Assets 2021: $6,926,455Liabilities 2021: $6,547,500Net Assets 2021: $378,9552021Assets 2022: $6,886,841Liabilities 2022: $6,579,931Net Assets 2022: $306,9102022

Highlighted filing

2022

Assets$6,886,841
Liabilities$6,579,931
Net Assets$306,910

Operations Trend

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

$500K$0-$500KRevenue 2019: $153,214Expenses 2019: $413,721Net Income 2019: -$260,5072019Revenue 2020: $144,000Expenses 2020: $489,689Net Income 2020: -$345,6892020Revenue 2021: $144,000Expenses 2021: $492,211Net Income 2021: -$348,2112021Revenue 2022: $144,000Expenses 2022: $492,329Net Income 2022: -$348,3292022

Highlighted filing

2022

Revenue$144,000
Expenses$492,329
Net Income-$348,329

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 11, 2023
Return Version
2021v4.2
Gross Receipts
$144,000
Mission and Program Overview

Mission

See schedule othe corporation is organized and must be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of reach, inc., an oregon nonprofit corporation ("reach"), which is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code of 1986, as amended.

SEE ATTACHMENT

Balance Sheet Detail
LineBeginningEndChange
Assets
Intangible Assets$586,943$547,982▼ $38,961
Rtn Earn Endowment Incm Other Fnds$378,955$306,910▼ $72,045
Cash and Non-Interest-Bearing Accounts$194,759$117,753▼ $77,006
Accounts Receivable-$48,798-
Prepaid Expenses and Deferred Charges$8,438$8,438→ $0
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,926,455$6,886,841▼ $39,614
Other Assets Total$6,136,315$6,163,870▲ $27,555
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,547,500$6,547,500→ $0
Accounts Payable and Accrued Expenses$0$32,431▲ $32,431
Total Liabilities$6,547,500$6,579,931▲ $32,431
Net Assets / Fund Balance
Total Net Assets Fund Balance$378,955$306,910▼ $72,045
Total Liabilities and Net Assets / Fund Balance$6,926,455$6,886,841▼ $39,614

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,734,149$422,360$4,156,509
Other Land Buildings$980,123$355,512$1,335,635
Land$433,052-$433,052
Other Assets Org$6,163,870--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd HoggarthAssistant to President
Patrick MilnerSecretary/president
Keith StottsAssistant to Treasurer
Greg StathosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$144,000
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-348,329

Audited Revenue Reconciliation

Revenue per Audited Statements
$144,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$78,747
Total Revenue per Audited Statements
$222,747
Total Revenue per Form 990
$144,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,605
Grants and Similar Amounts Paid$129,724
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$236,498--$236,498
Grants to Domestic Orgs$129,724--$129,724
Interest$65,475--$65,475
Other Expenses-$33,750-$33,750
Fees for Services Accounting-$17,025-$17,025
Payments to Affiliates-$8,500-$8,500
Fees for Services Management$1,357--$1,357
Total Functional Expenses$433,054$59,275$0$492,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$492,329
Total Expenses per Form 990$492,329
Total Expenses per Audited Statements$294,792
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-197,537
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Reach IncKlamath Falls, OR501(c)3TO SUPPORT REACH, INC.'S MISSION OF OFFERING WORK OPPORTUNITIES, REHABILITATION AND TRAINING FOR PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT IN KLAMATH FALLS, OR.$129,724
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-A Director Is Director of the Interested PersonGrant ExpenseNo$129,724
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no committees with authority to act on behalf of the governing body.

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

The organization has provided copies of form 990 to all members of its governing body before filing form 990.

Form 990, Part VI, Section C, Line 18

The organization is making disclosures public

Form 990, Part VI, Section C, Line 19

The organization is making disclosures available to the public

Filing and Contact Details

Filer

Filer Name
Reach Qalicb Inc
EIN
82-1096766
Phone
5418878663
Address
2350 MAYWOOD DRIVE, KLAMATH FALLS, OR 97603

Signing Officer

Name
Pat Milner
Title
Chief Financial Officer
Phone
5418828803
Signed
2023-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Milner
Formed
2017
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1000 SW BROADWAY SUITE 1680, PORTLAND, OR 97205
Preparer
Nicolo Pinoli
Phone
5038212700
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Book/tax difference - lease income 78,747. Book/tax difference - amortization expense -14,172. Book/tax difference - depreciation expense 211,709.

Part XII, Line 2C

N/a - there were no changes in the organization's audit oversight process during the year.

Financial Statement Notes

PART X, LINE 2:

The corporation has determined whether any tax positions have met the recognition threshold and has measured the corporation's exposure to those tax positions. Management believes that the corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Book/tax difference - lease income 78,747.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Book/tax difference - amortization expense 14,172. Book/tax difference - depreciation expense -211,709.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE CORPORATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BOOK/TAX DIFFERENCE - LEASE INCOME 78,747.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK/TAX DIFFERENCE - AMORTIZATION EXPENSE 14,172. BOOK/TAX DIFFERENCE - DEPRECIATION EXPENSE -211,709.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05147324
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06163870
IRS990ScheduleD/TotalExpensesPerForm990Amt0492329
IRS990ScheduleD/TotalRevenuePerForm990Amt0144000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0222747
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0294792
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0129724
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT REACH, INC.'S MISSION OF OFFERING WORK OPPORTUNITIES, REHABILITATION AND TRAINING FOR PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO EMPLOYMENT IN KLAMATH FALLS, OR.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0REACH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0943038729
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02350 MAYWOOD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0KLAMATH FALLS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OR
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd097603
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0REACH INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0A DIRECTOR IS DIRECTOR OF THE INTERESTED PERSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0129724
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0GRANT EXPENSE
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS PROVIDED COPIES OF FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE FILING FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION IS MAKING DISCLOSURES PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION IS MAKING DISCLOSURES AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK/TAX DIFFERENCE - LEASE INCOME 78,747. BOOK/TAX DIFFERENCE - AMORTIZATION EXPENSE -14,172. BOOK/TAX DIFFERENCE - DEPRECIATION EXPENSE 211,709.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5N/A - THERE WERE NO CHANGES IN THE ORGANIZATION'S AUDIT OVERSIGHT PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0REACH INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0943038729
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NON-PROFIT COMMUNITY DEVELOPMENT CENTER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02350 MAYWOOD DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KLAMATH FALLS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd097603
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0144000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1129724
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0REACH INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1REACH INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06926455
IRS990/TotalAssetsEOYAmt06886841
IRS990/TotalAssetsGrp/BOYAmt06926455
IRS990/TotalAssetsGrp/EOYAmt06886841
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059275
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0433054
IRS990/TotalFunctionalExpensesGrp/TotalAmt0492329
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06547500
IRS990/TotalLiabilitiesEOYAmt06579931
IRS990/TotalLiabilitiesGrp/BOYAmt06547500
IRS990/TotalLiabilitiesGrp/EOYAmt06579931
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0378955
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306910
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0433054
IRS990/TotalProgramServiceRevenueAmt0144000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0144000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0144000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06926455
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06886841
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02350 MAYWOOD DRIVE
IRS990/USAddress/CityNm0KLAMATH FALLS
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097603
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PAT MILNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05418828803
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-01-11

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