Civic Intelligence

Reach Network

990 • Fiscal year 2024 • EIN 84-2207234

Jul 01, 2023 to Jun 30, 2024 • Filed on Apr 17, 2025

2500 HaynesMidland, TX 79705

(432) 240-8629

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

57th percentile

0.00x

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

38th percentile

-1.9%

Higher net margin than 38% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$133,789

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 43.5% of source-year revenue.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

84th percentile

52%

Faster revenue growth than 84% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$0

Down $46,135 (-100%) from 2023

Net Assets

Down

$0

Down $35,273 (-100%) from 2023

Liabilities

Down

$0

Down $10,862 (-100%) from 2023

Revenue

Up

$307,506

Up $105,495 (+52%) from 2023

Expenses

Up

$313,218

Up $94,894 (+43%) from 2023

Net Income

Up

-$5,712

Up $10,601 (+65%) from 2023

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2020: $954Net Assets 2020: $9542020Assets 2021: $16,094Liabilities 2021: $1,425Net Assets 2021: $14,6692021Assets 2022: $52,461Liabilities 2022: $875Net Assets 2022: $51,5862022Assets 2023: $46,135Liabilities 2023: $10,862Net Assets 2023: $35,2732023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2020: $128,995Expenses 2020: $128,041Net Income 2020: $9542020Revenue 2021: $160,000Expenses 2021: $146,285Net Income 2021: $13,7152021Revenue 2022: $200,000Expenses 2022: $163,083Net Income 2022: $36,9172022Revenue 2023: $202,011Expenses 2023: $218,324Net Income 2023: -$16,3132023Revenue 2024: $307,506Expenses 2024: $313,218Net Income 2024: -$5,7122024

Highlighted filing

2024

Revenue$307,506
Expenses$313,218
Net Income-$5,712
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 17, 2025
Return Version
2023v6.0
Gross Receipts
$307,506
Mission and Program Overview

Mission

All reach network students and staff will achieve at high levels.

Student needs come first and will be met through collaboration. No reach network member is big enough to work in isolation. Combined work with other reach network members is greater than anything i can do alone. With teamwork, we will share our knowledge and always take responsibility for helping other reach network members grow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$45,136$0▼ $45,136
Prepaid Expenses and Deferred Charges$999$0▼ $999
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$46,135$0▼ $46,135
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$10,862--
Total Liabilities$10,862$0▼ $10,862
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,273--
Total Net Assets Fund Balance$35,273$0▼ $35,273
Total Liabilities and Net Assets / Fund Balance$46,135$0▼ $46,135
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Shelly HaneyExecutive DirectorFT$133,789$133,789

Board Members and Trustees

NameTitle
Susannah PruckaPresident
Ashley ColquittDirector
Denise MalmDirector
ME'ESTA WRIGHTDirector
Brian StubbsSecretary/Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$300,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$7,506
Change in Net Assets
$-5,712

Audited Revenue Reconciliation

Revenue per Audited Statements
$307,506
Total Revenue per Audited Statements
$307,506
Total Revenue per Form 990
$307,506
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$161,509
Other Expenses$151,709
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$130,655$14,517-$145,172
Fees for Services Accounting-$102,615-$102,615
Other Employee Benefits$12,779$1,419-$14,198
Other Expenses$9,330$5,439-$5,439
Office Expenses-$2,739-$2,739
All Other Expenses-$2,712-$2,712
Insurance-$2,277-$2,277
Payroll Taxes$1,925$214-$2,139
Total Functional Expenses$154,689$158,529$0$313,218

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$313,218
Total Expenses per Audited Statements$313,218
Total Expenses per Form 990$313,218
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
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, Part VI, Section B, Line 11B

Upon completion of the form 990, it is distributed and presented to the board of directors for review before filing.

Form 990, Part VI, Section B, Line 12C

Conflict of interests noted, as a result of the policy, are reviewed and addressed on a case by case basis by the board.

Form 990, Part VI, Section B, Line 15A

The contract for the executive director is determined and approved by the board of directors. The board of directors reviews current misd principal salary schedule, prior year daily rate of pay, increase in pay from prior year to current year for misd administrators, combination of the principal, executive director, chief academic officer, and superintendent job descriptions, and increase to 236 work day calendar.

Form 990, Part VI, Section C, Line 19

Governing documents and financial statements are made available by request. Policies are available on the misd website.

Filing and Contact Details

Filer

Filer Name
Reach Network
EIN
84-2207234
Phone
4322408629
Address
2500 HAYNES, MIDLAND, TX 79705

Signing Officer

Name
Shelly Haney
Title
Executive Director
Signed
2025-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelly Haney
Formed
2019
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
1

Preparer

Firm
C Marc Martin CPA
Address
PO Box 1775, Midland, TX 79702
Preparer
C Marc Martin CPA
Phone
4326850094
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

The organization ceased operations, terminated its existence and distributed all remaining assets as of june 30, 2024.

Form 990, Part XI, Line 9

Assets transferred to midland education foundation = -$19561

Form 990, Part XI, Line 9

Assets transferred to midland independent school district = -$10000

Financial Statement Notes

Part X : FIN48 Footnote

The organization adheres to accounting standards for uncertain income tax positions, which would require additional disclosure. This applies to positions taken or expected to be taken in a tax return. The organization does not believe its financial statements include any uncertain tax positions.

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IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0300000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0160000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0128995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0988995
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt07506
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt02011
IRS990ScheduleA/OtherIncome170Grp/TotalAmt09517
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99050
IRS990ScheduleA/PublicSupportTotal170Amt0988995
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0300000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0160000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0128995
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0988995
IRS990ScheduleA/TotalSupportAmt0998512
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0313218
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0307506
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ADHERES TO ACCOUNTING STANDARDS FOR UNCERTAIN INCOME TAX POSITIONS, WHICH WOULD REQUIRE ADDITIONAL DISCLOSURE. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt0313218
IRS990ScheduleD/TotalRevenuePerForm990Amt0307506
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0307506
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0313218
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12024-06-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0752330628
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1756002064
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt019561
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt110000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(c)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1SCHOOL DISTRICT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0615 W MISSOURI AVE STE 224
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1615 W MISSOURI AVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0MIDLAND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1MIDLAND
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd079701
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd179701
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION CEASED OPERATIONS, TERMINATED ITS EXISTENCE AND DISTRIBUTED ALL REMAINING ASSETS AS OF JUNE 30, 2024.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON COMPLETION OF THE FORM 990, IT IS DISTRIBUTED AND PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTERESTS NOTED, AS A RESULT OF THE POLICY, ARE REVIEWED AND ADDRESSED ON A CASE BY CASE BASIS BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONTRACT FOR THE EXECUTIVE DIRECTOR IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS CURRENT MISD PRINCIPAL SALARY SCHEDULE, PRIOR YEAR DAILY RATE OF PAY, INCREASE IN PAY FROM PRIOR YEAR TO CURRENT YEAR FOR MISD ADMINISTRATORS, COMBINATION OF THE PRINCIPAL, EXECUTIVE DIRECTOR, CHIEF ACADEMIC OFFICER, AND SUPERINTENDENT JOB DESCRIPTIONS, AND INCREASE TO 236 WORK DAY CALENDAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE BY REQUEST. POLICIES ARE AVAILABLE ON THE MISD WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Assets transferred to midland education foundation = -$19561
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ASSETS TRANSFERRED TO MIDLAND INDEPENDENT SCHOOL DISTRICT = -$10000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt046135
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt046135
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0300000
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0158529
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0154689
IRS990/TotalFunctionalExpensesGrp/TotalAmt0313218
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt010862
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt010862
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035273
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalProgramServiceExpensesAmt0154689
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0133789
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07506
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0307506
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt046135
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02500 HAYNES
IRS990/USAddress/CityNm0MIDLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079705
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLY HANEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REACH NETWORK

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