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Education : Youth Education Programs and Services

REACH Prep

Empowering young scholars by affording underserved students access to some of the country's finest independent schools

three stars

87.97

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

Board Leadership
Keith D. Grossman
Chair

CEO
Gina Lucas
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 87.97 three stars
  Financial 87.04 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 07/01/2017 and includes data from FY2016, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

three stars

87.04

Accountability & Transparency

three stars

89.00

This rating was published 07/01/2017 and includes data from FY2016, 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)
83.4%
  Administrative Expenses 6.7%
  Fundraising Expenses 9.7%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 2.25
  Program Expenses Growth -1.6%
  Liabilities to Assets 0.6%
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) 87.97 three stars
Monarch School Project (CA) 90.01 four stars
SquashBusters (MA) 85.95 three stars
Communities In Schools National Office (VA) 95.31 four stars
Partnership with Children (NY) 95.31 four stars

Compare These Charities (Highly Rated)

REACH Prep helps motivated and talented Black and Latino students from underserved communities in Fairfield and Westchester Counties and the Bronx gain admission to and thrive in rigorous independent schools. Upon placement, students benefit from a twelve-year educational continuum, including comprehensive academic enrichment, leadership training and supplementary individual and family guidance, which prepares them to succeed at competitive colleges.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $854,556
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $209,376
   Related Organizations $0
   Government Grants $0
Total Contributions $1,063,932
   Program Service Revenue $0
Total Primary Revenue $1,063,932
   Other Revenue $158,959
TOTAL REVENUE $1,222,891
   
EXPENSES  
   Program Expenses $1,119,744
   Administrative Expenses $84,919
   Fundraising Expenses $103,615
TOTAL FUNCTIONAL EXPENSES $1,308,278
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-85,387
   
Net Assets $3,134,639

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 $700,269 62.5%
Prep Academy And Placement Support Program $351,100 31.4%
Summer Enrichment Opportunities Program $68,375 6.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

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

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Compensation % of Expenses Paid to Title
$144,586 11.05% Gina Lucas Chief Executive Officer
Other Salaries of Note
$10,417 0.79% Margaret Sarkela Former Executive Director

REACH Prep helps motivated and talented Black and Latino students from underserved communities in Fairfield and Westchester Counties and the Bronx gain admission to and thrive in rigorous independent schools. Upon placement, students benefit from a twelve-year educational continuum, including comprehensive academic enrichment, leadership training and supplementary individual and family guidance, which prepares them to succeed at competitive colleges.

Highly Rated

Charity Name & State Overall Score Overall Rating
REACH Prep (CT) 87.97 three stars
Rocking the Boat (NY) 92.70 four stars
Communities in Schools of Chicago (IL) 90.33 four stars
New Heights Youth, Inc. (NY) 89.86 three stars
Church Hill Activities and Tutoring (VA) 89.27 three stars

Compare These Charities (Highly Rated)

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

Keith D. Grossman
Chair

CEO

Gina Lucas
Chief Executive Officer

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