Civic Intelligence

Reach 907

990 • Fiscal year 2023 • EIN 83-2233177

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 15, 2024

PO Box 876646Wasilla, AK 99687

(907) 795-3289

Siviq Scores

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

Liabilities / Assets

67th percentile

0.09x

Higher debt load relative to assets than 67% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

56th percentile

0.03x

Higher debt load relative to revenue than 56% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

67th percentile

15%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

75th percentile

$67,825

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

91st percentile

74%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

71st percentile

29%

Faster revenue growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$265,441

Up $112,965 (+74%) from 2022

Net Assets

Up

$241,265

Up $96,021 (+66%) from 2022

Liabilities

Up

$24,176

Up $16,944 (+234%) from 2022

Revenue

Up

$705,330

Up $160,054 (+29%) from 2022

Expenses

Up

$599,936

Up $57,511 (+11%) from 2022

Net Income

Up

$105,394

Up $102,543 (+3597%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2019: $118,265Liabilities 2019: $0Net Assets 2019: $118,2652019Assets 2020: $122,499Liabilities 2020: $0Net Assets 2020: $122,4992020Assets 2021: $153,671Liabilities 2021: $11,278Net Assets 2021: $142,3932021Assets 2022: $152,476Liabilities 2022: $7,232Net Assets 2022: $145,2442022Assets 2023: $265,441Liabilities 2023: $24,176Net Assets 2023: $241,2652023Assets 2024: $541,466Liabilities 2024: $23,887Net Assets 2024: $517,5792024

Highlighted filing

2023

Assets$265,441
Liabilities$24,176
Net Assets$241,265

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2019: $197,120Expenses 2019: $78,855Net Income 2019: $118,2652019Revenue 2020: $160,967Expenses 2020: $156,733Net Income 2020: $4,2342020Revenue 2021: $411,409Expenses 2021: $391,534Net Income 2021: $19,8752021Revenue 2022: $545,276Expenses 2022: $542,425Net Income 2022: $2,8512022Revenue 2023: $705,330Expenses 2023: $599,936Net Income 2023: $105,3942023Revenue 2024: $1,264,590Expenses 2024: $988,276Net Income 2024: $276,3142024

Highlighted filing

2023

Revenue$705,330
Expenses$599,936
Net Income$105,394
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 15, 2024
Return Version
2023v5.1
Gross Receipts
$705,330
Mission and Program Overview

Mission

Strengthen youth in foster care

That all children in alaska will know they are cared for and loved

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,920$169,036▲ $60,116
Accounts Receivable$2,912$61,630▲ $58,718
Land, Buildings, and Equipment, Net$17,750$18,000▲ $250
Prepaid Expenses and Deferred Charges$22,894$16,775▼ $6,119
Loans From Officers Directors$9,373$9,373→ $0
Total Assets$152,476$265,441▲ $112,965
Liabilities
Accounts Payable and Accrued Expenses$7,232$14,803▲ $7,571
Total Liabilities$16,605$24,176▲ $7,571
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$89,943$193,770▲ $103,827
Net Assets With Donor Restrictions$45,928$47,495▲ $1,567
Total Net Assets Fund Balance$135,871$241,265▲ $105,394
Total Liabilities and Net Assets / Fund Balance$152,476$265,441▲ $112,965

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,500--
Equipment$14,500$9,000-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rachel J OlsonExecutive DirectorFT$67,825$67,825

Board Members and Trustees

NameTitle
Derek AlleyBoard President
Jeremy CreechBoard Vice President
Adam HallBoard Member
Jody PeckBoard Member
Kendell MeekBoard Member
Kimberly MccotterBoard Membersecretary
Sarah HallBoard Membertreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$319,806
Program Service Revenue
$384,258
Investment Income
$157
Other Revenue
$1,109
All Other Contributions
$319,806
Change in Net Assets
$105,394

Audited Revenue Reconciliation

Revenue per Audited Statements
$705,330
Total Revenue per Audited Statements
$705,330
Total Revenue per Form 990
$705,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$419,863
Other Expenses$180,073
Total Fundraising Expense$26,011
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$267,807$44,446$6,293$318,546
Current Officers, Directors, Trustees, and Key Employees$54,000$13,825-$67,825
Occupancy$42,190$1,203-$43,393
Payroll Taxes$28,249$4,682$561$33,492
Fees for Services Management$22,799$3,071-$25,870
All Other Expenses$19,429$5,659-$25,088
Fees for Services Other$8,216--$8,216
Advertising--$6,046$6,046
Insurance$4,938$666$89$5,693
Conferences and Meetings--$5,500$5,500
Other Expenses$4,593$139$27$4,759
Travel$3,852--$3,852
Depreciation Depletion-$2,250-$2,250
Total Functional Expenses$493,192$80,733$26,011$599,936

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$599,936
Total Expenses per Audited Statements$599,936
Total Expenses per Form 990$599,936
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,109
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
Jody PeckFormer Board MemberLand Lease for Exempt Purpose UseNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$9,373$9,373→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Board reviewed 990 before filing

Conflict of interest policy compliance Part VI line 12C

The board has detailed compliance procedures including:procedures: the board and its members will abide by the following procedures: duty to disclose: an interested person must disclose the existence of the financial interest in writing the chair of the board will review, investigate and either resolve the actual, potential or perceived conflict the board will determine whether a conflict of interest existthe board will approve or deny the transaction and document decision

CEO executive director top management comp Part VI line 15A

Board reviews and authorized ceo salary annually board approves salary of ceo. No external review was done

Governing documents etc available to public Part VI line 19

Governing docs, conflict of interest and financial statements are provided as needed to public by mail or pickup

Filing and Contact Details

Filer

Filer Name
Reach 907
EIN
83-2233177
Address
PO BOX 876646, WASILLA, AK 99687

Signing Officer

Name
Rachel J Olson
Title
Executive Direc
Phone
9079829645
Signed
2024-08-15
Discuss with paid preparer
No

Organization Details

Principal Officer
Rachel J Olson
Formed
2019
Legal Domicile
Ak
Voting Board Members
5
Independent Board Members
5
Employees
22
Volunteers
120

Preparer

Firm
Ed Anderson CPA
Address
19854 Lake Vista Pt, Monument, CO 80132
Preparer
Ed Anderson CPA
Phone
7192916576
Supplemental Narrative

Additional Explanations

Part XII Response or note to any line in Part XII

Line 2c finance committee worked on accreditation proj in 2022/23 but did not meet as finance committee in 2023

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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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IRS990/PYSalariesCompEmpBnftPaidAmt0344349
IRS990/PYTotalExpensesAmt0542425
IRS990/PYTotalRevenueAmt0545276
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0105394
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0188100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0224582
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0412682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0124438
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0136824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0394944
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0150614
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0155417
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0962237
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0146
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt091
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0392762
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0207092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt014525
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0640951
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0146
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0522
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74230
IRS990ScheduleA/PublicSupportPY509Pct00.94960
IRS990ScheduleA/PublicSupportTotal509Amt01190506
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0188100
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0224582
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0412682
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0517200
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0343916
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0411309
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0160821
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0169942
IRS990ScheduleA/Total509Grp/TotalAmt01603188
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0517357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0343944
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0411409
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0160967
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170033
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01603710
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03500
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03500
IRS990ScheduleD/EquipmentGrp/BookValueAmt014500
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09000
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt023500
IRS990ScheduleD/ExpensesSubtotalAmt0599936
IRS990ScheduleD/RevenueSubtotalAmt0705330
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018000
IRS990ScheduleD/TotalExpensesPerForm990Amt0599936
IRS990ScheduleD/TotalRevenuePerForm990Amt0705330
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0705330
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0599936
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JODY PECK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LAND LEASE FOR EXEMPT PURPOSE USE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt09373
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SHORT TERM CASH NEED
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt09373
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RACHEL OLSON
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt09373
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWED 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD HAS DETAILED COMPLIANCE PROCEDURES INCLUDING:PROCEDURES: THE BOARD AND ITS MEMBERS WILL ABIDE BY THE FOLLOWING PROCEDURES: DUTY TO DISCLOSE: AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST IN WRITING THE CHAIR OF THE BOARD WILL REVIEW, INVESTIGATE AND EITHER RESOLVE THE ACTUAL, POTENTIAL OR PERCEIVED CONFLICT THE BOARD WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTTHE BOARD WILL APPROVE OR DENY THE TRANSACTION AND DOCUMENT DECISION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS AND AUTHORIZED CEO SALARY ANNUALLY BOARD APPROVES SALARY OF CEO. NO EXTERNAL REVIEW WAS DONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE PROVIDED AS NEEDED TO PUBLIC BY MAIL OR PICKUP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LINE 2C FINANCE COMMITTEE WORKED ON ACCREDITATION PROJ IN 2022/23 BUT DID NOT MEET AS FINANCE COMMITTEE IN 2023
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part XII Response or note to any line in Part XII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0152476
IRS990/TotalAssetsEOYAmt0265441
IRS990/TotalAssetsGrp/BOYAmt0152476
IRS990/TotalAssetsGrp/EOYAmt0265441
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0319806
IRS990/TotalEmployeeCnt022
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt026011
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt080733
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0493192
IRS990/TotalFunctionalExpensesGrp/TotalAmt0599936
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016605
IRS990/TotalLiabilitiesEOYAmt024176
IRS990/TotalLiabilitiesGrp/BOYAmt016605

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