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Education : Youth Education Programs and Services

REACH Prep

Empowering future leaders

four stars

95.05

One Dock Street Suite 100
Stamford, CT 06902
tel: (203) 487-0750   Web Site
EIN: 06-1438889

Board Leadership
Paul L. Triggiani
Chair

CEO
Gina Lucas
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 95.05 four stars
  Financial 100.00 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

REACH Prep provides access to transformative educational experiences that empower underserved students to graduate from college and emerge as the next generation of leaders.

REACH Prep provides access to transformative educational experiences that empower underserved students to graduate from college and emerge as the next generation of leaders.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

100.00

Accountability & Transparency

four stars

93.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
85.3%
  Administrative Expenses 6.9%
  Fundraising Expenses 7.7%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 2.43
  Program Expenses Growth 16.4%
  Liabilities to Assets 2.1%
All data for Financial Performance Metrics calculations was provided by REACH Prep on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by REACH Prep on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
REACH Prep (CT) 95.05 four stars
Horizons National (CT) 93.68 four stars
Communities In Schools National Office (VA) 96.84 four stars
Monarch School Project (CA) 96.46 four stars
National Guard Youth Foundation (DC) 91.72 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $716,899
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $448,993
   Related Organizations $0
   Government Grants $0
Total Contributions $1,165,892
   Program Service Revenue $0
Total Primary Revenue $1,165,892
   Other Revenue $298,244
TOTAL REVENUE $1,464,136
   
EXPENSES  
   Program Expenses $1,765,659
   Administrative Expenses $145,175
   Fundraising Expenses $162,747
TOTAL FUNCTIONAL EXPENSES $2,073,581
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-609,445
   
Net Assets $4,211,417

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Middle School, High School, and College Support Program $1,210,618 68.6%
Prep Academy and Placement Support Program $409,050 23.2%
Summer Enrichment Opportunities Program $145,991 8.3%

Ratings History
REACH Prep has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 02/01/2021 95.05 four stars
2018-06 11/01/2019 94.30 four stars
2017-06 08/01/2018 90.71 four stars
2016-06 07/01/2017 87.97 three stars
2015-06 07/01/2016 86.20 three stars
2014-06 06/01/2016 86.12 three stars
 
CN 2.0
2014-06 03/01/2016 78.23 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 06-1438889
Name in IRS Master File REACH PREP INC
NTEE Code B99
NTEE Classification Education N.E.C.
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(59) Other school related activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1996
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$155,185 7.48% Gina Lucas Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
REACH Prep (CT) 95.05 four stars
Communities In Schools of Georgia (GA) 85.34 three stars
A Child's Place (NC) 85.40 three stars
Prep for Prep (NY) 94.53 four stars
CollegeBound Foundation (MD) 92.22 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

REACH Prep
One Dock Street
Suite 100
Stamford, CT 06902
tel: (203) 487-0750
EIN: 06-1438889

Visit Web Site

Board Leadership

Paul L. Triggiani
Chair

CEO

Gina Lucas
Chief Executive Officer

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