Civic Intelligence

Broad Reach Foundation

990PF • Fiscal year 2024 • EIN 95-4861421

Jan 01, 2024 to Dec 31, 2024 • Filed on Oct 13, 2025

230 Congress Street 12th FloorBoston, MA 02110

(206) 484-8855

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2024 filings • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

13th percentile

0.02x

Higher debt load relative to revenue than 13% of similar nonprofits.

2024 filings • $250M-$1B nonprofits • Source year 2024

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2024 filings • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

26th percentile

$347,351

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2024 filings • $250M-$1B nonprofits • Source year 2024

Asset Growth

88th percentile

19%

Faster asset growth than 88% of similar nonprofits.

2024 filings • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

157%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$263,494,120

Up $42,264,901 (+19%) from 2023

Net Assets

Up

$262,108,006

Up $42,156,900 (+19%) from 2023

Liabilities

Up

$1,386,114

Up $108,001 (+8.5%) from 2023

Revenue

Up

$68,565,105

Up $41,840,121 (+157%) from 2023

Expenses

Up

$34,956,723

Up $23,745,248 (+212%) from 2023

Net Income

Up

$33,608,382

Up $18,094,873 (+117%) from 2023

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $53,625,772Liabilities 2011: $02011Assets 2012: $51,144,698Liabilities 2012: $02012Assets 2013: $72,246,273Liabilities 2013: $02013Assets 2014: $76,520,948Liabilities 2014: $02014Assets 2015: $87,517,412Liabilities 2015: $02015Assets 2019: $117,677,191Liabilities 2019: $0Net Assets 2019: $117,677,1912019Assets 2020: $127,755,130Liabilities 2020: $0Net Assets 2020: $127,755,1302020Assets 2021: $154,449,873Liabilities 2021: $0Net Assets 2021: $154,449,8732021Assets 2022: $148,032,604Liabilities 2022: $0Net Assets 2022: $148,032,6042022Assets 2023: $221,229,219Liabilities 2023: $1,278,113Net Assets 2023: $219,951,1062023Assets 2024: $263,494,120Liabilities 2024: $1,386,114Net Assets 2024: $262,108,0062024

Highlighted filing

2024

Assets$263,494,120
Liabilities$1,386,114
Net Assets$262,108,006

Operations Trend

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

$80M$60M$40M$20M$0-$20MRevenue 2011: $944,416Expenses 2011: $3,743,622Net Income 2011: -$2,799,2062011Revenue 2012: $1,618,534Expenses 2012: $4,099,608Net Income 2012: -$2,481,0742012Revenue 2013: $25,731,614Expenses 2013: $4,630,039Net Income 2013: $21,101,5752013Revenue 2014: $10,859,087Expenses 2014: $6,584,412Net Income 2014: $4,274,6752014Revenue 2015: $18,006,611Expenses 2015: $7,010,147Net Income 2015: $10,996,4642015Revenue 2019: $21,532,052Expenses 2019: $10,286,732Net Income 2019: $11,245,3202019Revenue 2020: $19,924,700Expenses 2020: $9,846,761Net Income 2020: $10,077,9392020Revenue 2021: $51,427,992Expenses 2021: $24,733,249Net Income 2021: $26,694,7432021Revenue 2022: $14,590,431Expenses 2022: $21,007,700Net Income 2022: -$6,417,2692022Revenue 2023: $26,724,984Expenses 2023: $11,211,475Net Income 2023: $15,513,5092023Revenue 2024: $68,565,105Expenses 2024: $34,956,723Net Income 2024: $33,608,3822024

Highlighted filing

2024

Revenue$68,565,105
Expenses$34,956,723
Net Income$33,608,382
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 13, 2025
Return Version
2024v5.2
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ERIN H KAHNExecutive DirectorFT$311,537$35,814$347,351
CAROL RICHARDSPresidentPT$0--
PETER RICHARDSTreasurerPT$0--
ADAM RICHARDSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Broad Reach Foundation
EIN
95-4861421
Phone
2064848855
Address
230 CONGRESS STREET 12TH FLOOR, BOSTON, MA 02110

Signing Officer

Name
Peter Richards
Title
Treasurer
Phone
2064848855
Signed
2025-10-13
Discuss with paid preparer
Yes

Preparer

Firm
Clark Nuber Ps
Address
555 110TH AVE NE SUITE 700, BELLEVUE, WA 98004
Preparer
Sarah B Huang
Phone
4254544919
Raw XML AppendixShowing 400 of 633 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.

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AccountingFeesSchedule/AccountingFeesDetail/Amt063232
AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0ACCOUNTING FEES
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GeneralExplanationAttachment/GeneralExplanationGrp/FormAndLineReferenceDesc0FORM 990-PF, PART XII, LINE 7
GeneralExplanationAttachment/GeneralExplanationGrp/IdentifierTxt0CONDUIT FOUNDATION ELECTION
GeneralExplanationAttachment/GeneralExplanationGrp/MediumExplanationTxt0STATEMENT REGARDING STATUS AS A CONDUIT PRIVATE FOUNDATION TREASURY REGULATION 53.4942(A)-3(C)(2)(IV) ELECTIONATTACHMENT TO FORM 990-PF, PART XII UNDISTRIBUTED INCOMEBROAD REACH FOUNDATION (THE FOUNDATION) HAD NO REMAINING UNDISTRIBUTED INCOME FOR THE CURRENT TAX YEAR (2024) OR PRIOR TAX YEAR (2023) AS REQUIRED BY TREASURY REGULATION 53.4942-3(C)(2)(I).THE FOLLOWING AMOUNT REPRESENTS THE CONTRIBUTIONS MADE TO THE FOUNDATION DURING 2024 AND THE SUBSEQUENT OUT OF CORPUS ELECTION TO DISTRIBUTE AN AMOUNT EQUAL TO ALL CONTRIBUTIONS IN SATISFACTION OF THE REQUIREMENTS OF TREASURY REGULATION 53.4942(A)-3(C)(2) ALLOWING THE FOUNDATION TO QUALIFY AS A CONDUIT FOUNDATION FOR THE 2024 TAX YEAR.CONTRIBUTIONS RECEIVED IN 2024: $50,124,780 (PART I, LINE 1)AMOUNT DISTRIBUTED BY 12/31/2024: ($47,519,095) (DETAIL BELOW)REMAINING AMOUNT TO BE DISTRIBUTED: $2,605,685 (DISTRIBUTED BY MARCH 15, 2025)ON OR BEFORE MARCH 15, 2025, THE FOUNDATION DISTRIBUTED THE REMAINING $2,605,685 TO SATISFY TREASURY REG. 170A-9(H).PART XII, LINE 7 - AMOUNTS TREATED AS DISTRIBUTIONS OUT OF CORPUS TO SATISFY REQUIREMENTS IMPOSED BY IRC SECTION 170(B)(1)(F)(II).ELECTION TO TREAT UNUSED QUALIFYING DISTRIBUTIONS AS CURRENT YEAR CORPUS DISTRIBUTIONPURSUANT TO TREASURY REGULATION 53.4942(A)-3(C)(2)(IV), THE FOUNDATION ELECTS TO TREAT, AS A CURRENT DISTRIBUTION OUT OF CORPUS, THE FOLLOWING UNUSED PRIOR YEAR DISTRIBUTIONS. THESE AMOUNTS HAVE NOT BEEN USED FOR ANY OTHER PURPOSE UNDER TREASURY REGULATION 53.4942(A)-3(D)(1)(III) IN SUCH PRIOR TAX YEAR:TAX YEAR AMOUNT2019 - $2,145,1972020 - $493,4652021 - $12,931,3052022 - $9,633,6912023 - $263,2562024 - $22,052,181TOTAL - $47,519,095THE FOUNDATION MEETS THE REQUIREMENTS OF IRC 170(B)(1)(A)(VII), 170(B)(1)(F)(II) AND 4942(H) IN THAT THE REQUIRED QUALIFYING DISTRIBUTIONS OUT OF CORPUS WERE MADE WITHIN 2 MONTHS AND 15 DAYS FOLLOWING THE CLOSE OF THE 2024 TAX YEAR IN AN AMOUNT EQUAL TO 100% OF ALL CONTRIBUTIONS RECEIVED DURING THE 2024 TAX YEAR AND THERE IS NO REMAINING UNDISTRIBUTED INCOME FOR THE 2023 AND 2024 TAX YEARS. THEREFORE, THE FOUNDATION QUALIFIES AS A CONDUIT PRIVATE FOUNDATION AND THE 50% CHARITABLE CONTRIBUTION TAX BASE APPLIES TO UNDER IRC 170(B)(1)(A). DATED: __________________ SIGNED: ___________________________________PETER RICHARDS, TREASURER
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0LWC- CORPORATE STOCK
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/PersonNm0ANDREA J PERRY
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationHighestPaidEmplGrp/TitleTxt3PROGRAM OFFICER
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt0CAPITAL GROUP
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt1MEGHAN JEANS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt2LORING WOLCOTT & COOLIDGE TRUST LLC
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/BusinessName/BusinessNameLine1Txt3REBECCA WILSON
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt0INVESTMENT ADVISOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt1PROGRAM AND GRANTMAKING ADVISOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt2HR AND ACCOUNTING SERVICES
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompensationOfHghstPdCntrctGrp/ServiceTypeTxt3GRANTS ADMINISTRATION
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt3230 CONGRESS STREET 12TH FLOOR
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt10TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt11TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt12TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt13TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt14TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt15TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt16TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt17TO SUPPORT NONPROFIT ORGANIZATIONS WORKING TO PROMOTE HEALTHY ECOSYSTEMS, COEXISTENCE, COMMUNITY RESILIENCE AND HUMAN WELL-BEING.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0FIDELITY CHARITABLE
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt3MAINE COMMUNITY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt4MAINE COMMUNITY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt5MAINE COMMUNITY FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt6MAINE COMMUNITY FOUNDATION
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt12TIDES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt13TIDES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt14TIDES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt15TIDES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt16TIDES FOUNDATION
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt17TIDES FOUNDATION
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