Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
New Reach Lending Company
EIN 87-1585146 • 501(c)3 • New Haven, CT
990-N CoverageNTEE P50
Profile
Seeks to increase equity and financial inclusion by offering access to credit, loans, and financial education. The organization seeks to strengthen low-income, underserved people and communities in connecticut.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.98x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
80th percentile
Faster revenue growth than 80% of similar nonprofits.
Balance Sheet
Assets
Up$268,471
Up $183,200 (+215%) from 2024
Liabilities
Up$262,058
Up $235,548 (+889%) from 2024
Net Assets
Down$6,413
Down $52,348 (-89%) from 2024
Revenue
Up$93,356
Up $33,356 (+56%) from 2024
Expenses
Up$145,704
Up $88,600 (+155%) from 2024
Net Income
Down-$52,348
Down $55,244 (-1908%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $268,471
- Liabilities
- $262,058
- Net assets
- $6,413
- Revenue
- $93,356
- Expenses
- $145,704
- Net income
- -$52,348
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Sep 20, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $93,356
Mission and Program Overview
Mission
Seeks to increase equity and financial inclusion by offering access to credit, loans, and financial education. The organization seeks to strengthen low-income, underserved people and communities in connecticut.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEEKS TO INCREASE EQUITY AND FINANCIAL INCLUSION BY OFFERING ACCESS TO CREDIT, LOANS, AND FINANCIAL EDUCATION. THE ORGANIZATION SEEKS TO STRENGTHEN LOW-INCOME, UNDERSERVED PEOPLE AND COMMUNITIES IN CONNECTICUT. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KELLYANN DAY | Board President | - | $0 | - | - |
| NICOLE BARNOFSKI | Board Secretary | - | $0 | - | - |
| JASON MCCONNELL | Treasurer | - | $0 | - | - |
| ROSE DALEY | Director | - | $0 | - | - |
| AL SMITH | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- New Reach Lending Company
- EIN
- 87-1585146
- Phone
- 2034924866
- Address
- 269 PECK STREET, NEW HAVEN, CT 06513
Signing Officer
- Name
- Kellyann Day
- Title
- President
- Phone
- 2034924866
- Signed
- 2025-09-20
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Zackin Zimyeski Sullivan CPA LLC
- Address
- 333 CHURCH STREET, NAUGATUCK, CT 06770
- Preparer
- Keith F Sullivan
- Phone
- 2037532200
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income . Amount: 3,350.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: administrative & operational. Amount: 109,333. Description: office expenses. Amount: 1,934. Description: membership dues. Amount: 806. Description: insurance. Amount: 7,274. Description: miscellaneous. Amount: 1,186. Description: licenses & fees. Amount: 1,349. Description: advertising & marketing. Amount: 689. Description: donations. Amount: 250. Description: travel. Amount: 4,958. Description: meals. Amount: 1,348. Total to form 990-ez, line 16: 129,127.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: prepaid insurance. Beg. Of year amount: 4,912. End of year amount: 4,912. Description: loans receivable. Beg. Of year amount: 0. End of year amount: 11,385.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: note payable. Beg. Of year amount: 24,932. End of year amount: 46,818. Description: accounts payable. Beg. Of year amount: 1,578. End of year amount: 5,059. Description: refundable advance. Beg. Of year amount: 0. End of year amount: 210,181.”
Raw XML Appendix158 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | BROOKE KLEMENZ |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2034924866 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 269 PECK STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW HAVEN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CT |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 06513 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 80359 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 252174 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 89819 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -52348 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 16577 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 85271 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 268471 |
| IRS990EZ/GrossReceiptsAmt | 0 | 93356 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 3350 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 58761 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 6413 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 58761 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 6413 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KELLYANN DAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | NICOLE BARNOFSKI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JASON MCCONNELL |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ROSE DALEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | AL SMITH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 4912 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 16297 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 129127 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEEKS TO INCREASE EQUITY AND FINANCIAL INCLUSION BY OFFERING ACCESS TO CREDIT, LOANS, AND FINANCIAL EDUCATION. THE ORGANIZATION SEEKS TO STRENGTHEN LOW-INCOME, UNDERSERVED PEOPLE AND COMMUNITIES IN CONNECTICUT. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 187 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEEKS TO INCREASE EQUITY AND FINANCIAL INCLUSION BY OFFERING ACCESS TO CREDIT, LOANS, AND FINANCIAL EDUCATION. THE ORGANIZATION SEEKS TO STRENGTHEN LOW-INCOME, UNDERSERVED PEOPLE AND COMMUNITIES IN CONNECTICUT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 26510 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 262058 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 145704 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 93356 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTPS://NRLENDINGCO.ORG/ |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 89819 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 60000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 65000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 214819 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 214819 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 89819 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 60000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 65000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 214819 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 214819 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME . AMOUNT: 3,350. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADMINISTRATIVE & OPERATIONAL. AMOUNT: 109,333. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,934. DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 806. DESCRIPTION: INSURANCE. AMOUNT: 7,274. DESCRIPTION: MISCELLANEOUS. AMOUNT: 1,186. DESCRIPTION: LICENSES & FEES. AMOUNT: 1,349. DESCRIPTION: ADVERTISING & MARKETING. AMOUNT: 689. DESCRIPTION: DONATIONS. AMOUNT: 250. DESCRIPTION: TRAVEL. AMOUNT: 4,958. DESCRIPTION: MEALS. AMOUNT: 1,348. TOTAL TO FORM 990-EZ, LINE 16: 129,127. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 4,912. END OF YEAR AMOUNT: 4,912. DESCRIPTION: LOANS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 11,385. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: NOTE PAYABLE. BEG. OF YEAR AMOUNT: 24,932. END OF YEAR AMOUNT: 46,818. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,578. END OF YEAR AMOUNT: 5,059. DESCRIPTION: REFUNDABLE ADVANCE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 210,181. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KELLYANN DAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2034924866 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-09-20 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | NEW REACH LENDING COMPANY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | NEWR |
| ReturnHeader/Filer/EIN | 0 | 871585146 |
| ReturnHeader/Filer/PhoneNum | 0 | 2034924866 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 269 PECK STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW HAVEN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 06513 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 061438606 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ZACKIN ZIMYESKI SULLIVAN CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 333 CHURCH STREET |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NAUGATUCK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 06770 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2037532200 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-09-20 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KEITH F SULLIVAN |
| ReturnHeader/ReturnTs | 0 | 2025-09-29T15:29:32-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2025-06-30 |
| ReturnHeader/TaxYr | 0 | 2024 |
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