Civic Intelligence

Reach Qalicb Inc.

990 • Fiscal year 2021 • EIN 82-1096766

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 22, 2021

2350 Maywood DriveKlamath Falls, OR 97603

(541) 887-8663

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.95x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

45.47x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

1st percentile

-242%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

21st percentile

-1.1%

Faster asset growth than 21% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

0.0%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$6,926,455

Down $74,780 (-1.1%) from 2020

Net Assets

Down

$378,955

Down $74,780 (-16%) from 2020

Liabilities

Flat

$6,547,500

Flat from 2020

Revenue

Flat

$144,000

Flat from 2020

Expenses

Up

$492,211

Up $2,522 (+0.5%) from 2020

Net Income

Down

-$348,211

Down $2,522 (-0.7%) from 2020

Historical Trend

Balance Sheet Trend

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

$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

2021

Assets$6,926,455
Liabilities$6,547,500
Net Assets$378,955

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2021

Revenue$144,000
Expenses$492,211
Net Income-$348,211
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 22, 2021
Return Version
2020v4.1
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$625,904$586,943▼ $38,961
Rtn Earn Endowment Incm Other Fnds$453,735$378,955▼ $74,780
Cash and Non-Interest-Bearing Accounts$255,280$194,759▼ $60,521
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$7,001,235$6,926,455▼ $74,780
Other Assets Total$6,111,613$6,136,315▲ $24,702
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,547,500$6,547,500→ $0
Total Liabilities$6,547,500$6,547,500→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$453,735$378,955▼ $74,780
Total Liabilities and Net Assets / Fund Balance$7,001,235$6,926,455▼ $74,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,849,100$307,409$4,156,509
Other Land Buildings$1,076,881$258,754$1,335,635
Land$433,052-$433,052
Other Assets Org$6,136,315--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd HoggarthAssistant to President
Ronald Laurence MoePresident
Keith StottsAssistant to Treasurer
Patrick MilnerSecretary
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
$-348,211

Audited Revenue Reconciliation

Revenue per Audited Statements
$144,000
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$75,894
Total Revenue per Audited Statements
$219,894
Total Revenue per Form 990
$144,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$362,486
Grants and Similar Amounts Paid$129,725
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$129,725--$129,725
Interest$65,475--$65,475
Other Expenses-$33,750-$33,750
Fees for Services Accounting-$17,000-$17,000
Payments to Affiliates-$8,500-$8,500
Fees for Services Management$1,263--$1,263
Total Functional Expenses$432,961$59,250$0$492,211

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$492,211
Total Expenses per Form 990$492,211
Total Expenses per Audited Statements$294,674
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.$129,725
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$129,725
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
Ron Moe
Title
President
Phone
5418828803
Signed
2021-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ron Moe
Formed
2017
Legal Domicile
Or
Voting Board Members
5
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 75,894. 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 75,894.

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/OtherExpensesIncludedAmt0-197537
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01076881
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0258754
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01335635
IRS990ScheduleD/OtherRevenueAmt075894
IRS990ScheduleD/RevenueNotReportedAmt075894
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0144000
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 75,894.
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/TotalBookValueLandBuildingsAmt05359033
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06136315
IRS990ScheduleD/TotalExpensesPerForm990Amt0492211
IRS990ScheduleD/TotalRevenuePerForm990Amt0144000
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0219894
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0294674
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0129725
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
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/TransactionAmt0129725
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 75,894. 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/InvolvedAmt1129725
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/TotalAssetsBOYAmt07001235
IRS990/TotalAssetsEOYAmt06926455
IRS990/TotalAssetsGrp/BOYAmt07001235
IRS990/TotalAssetsGrp/EOYAmt06926455
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059250
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0432961
IRS990/TotalFunctionalExpensesGrp/TotalAmt0492211
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06547500
IRS990/TotalLiabilitiesEOYAmt06547500
IRS990/TotalLiabilitiesGrp/BOYAmt06547500
IRS990/TotalLiabilitiesGrp/EOYAmt06547500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0453735
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0378955
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0432961
IRS990/TotalProgramServiceRevenueAmt0144000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0144000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0144000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07001235
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06926455
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/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02

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