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Health : Patient and Family Support

Family Reach Foundation

A financial lifeline for families fighting cancer

four stars

94.66

2001 Route 46 Suite 310
Parsippany, NJ 07054
tel: (973) 394-1411   Web Site
EIN: 91-2192211

Board Leadership
Chris Wiatrak
President

CEO
Carla Tardif
CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.66 four stars
  Financial 93.60 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Family Reach is a national nonprofit dedicated to alleviating the financial burden of cancer. Working with more than 200 hospitals and cancer centers nationwide, we provide immediate financial assistance, education and navigation to families before they hit critical breaking points. Family Reach's efficient, solutions-driven model bridges the gap between hospital and home, quickly providing the vital support families need to stay afloat.

Family Reach is a national nonprofit dedicated to alleviating the financial burden of cancer. Working with more than 200 hospitals and cancer centers nationwide, we provide immediate financial assistance, education and navigation to families before they hit critical breaking points. Family Reach's efficient, solutions-driven model bridges the gap between hospital and home, quickly providing the vital support families need to stay afloat.

Impact & Results Score

Score
75/100
Program Name: Financial Assistance for Medical Conditions
Program Name: Financial Assistance for Medical Conditions

Note: The Impact & Results score currently has no effect on the nonprofit's Star Rating.

The Impact & Results score is a measure of how well a nonprofit delivers on its stated mission. To issue a score, Charity Navigator estimates the actual impact the nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact. Learn more about our Impact & Results methodology here.

Program Activities
Family Reach Foundation provides financial assistance to patients with cancer.
Impact Statement
$1,400 provides $1,000 in financial assistance to a patient in need.
Assessment Benchmark
Impact & Results scores of financial assistance to patients programs are based on income generated relative to cost. Programs receive an Impact & Results score of 100 if they increase income for a recipient by more than $1.50 for every $1 spent and a score of 75 if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a score of 50.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Family Reach Foundation.
Data Source
Output data collected during the program. Family Reach Foundation publicly reports data on the dollar value of all financial assistance provided to patients, which we use to calculate the additional income received.
Method for Attributing Outcomes
We estimate the dollar amount of financial assistance attributable to the nonprofit by comparing the financial assistance given by the nonprofit to the financial assistance that would have been provided in the absence of the nonprofit (the “counterfactual”). In this case, we estimate the counterfactual to be zero based on two assumptions. First, we assume there is functionally no upper limit to the amount of cash transfers that continue to be valuable to patients as they are far from reaching the point of diminishing marginal returns, such that aid provided by one nonprofit does not displace aid provided by another. Second, we assume that nonprofits work independently and do not coordinate the provision of aid to the same patient. As a result, all aid provided by the nonprofit to patients with medical conditions can be directly attributable to the nonprofit.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of September 2020, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

93.60

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2019 and includes data from FY2018, 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)
80.1%
  Administrative Expenses 8.3%
  Fundraising Expenses 11.5%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) 1.21
  Program Expenses Growth 29.3%
  Liabilities to Assets 5.2%
All data for Financial Performance Metrics calculations was provided by Family Reach Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Family Reach Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Reach Foundation (NJ) 94.66 four stars
Patient Advocate Foundation (VA) 96.66 four stars
Ronald McDonald House Charities of the Intermountain Area (UT) 95.74 four stars
Ronald McDonald House Charities of Central Indiana (IN) 85.54 three stars
National Women's Health Network (DC) 90.95 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,401,250
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $432,872
   Related Organizations $0
   Government Grants $0
Total Contributions $9,834,122
   Program Service Revenue $0
Total Primary Revenue $9,834,122
   Other Revenue $59,415
TOTAL REVENUE $9,893,537
   
EXPENSES  
   Program Expenses $4,914,719
   Administrative Expenses $559,447
   Fundraising Expenses $778,143
TOTAL FUNCTIONAL EXPENSES $6,252,309
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,641,228
   
Net Assets $5,643,795

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
Financial Treatment Program $4,914,719 100.0%

Ratings History
Family Reach Foundation has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 12/01/2019 94.66 four stars
2017-12 12/01/2018 94.88 four stars
2016-12 12/22/2017 94.79 four stars
2015-12 10/01/2017 93.20 four 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 91-2192211
Name in IRS Master File FAMILY REACH FOUNDATION
NTEE Code G98
NTEE Classification Pediatrics
NTEE Type Diseases, Disorders, Medical Disciplines
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
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 August, 2003
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$181,347 2.90% Carla Tardif CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Family Reach Foundation (NJ) 94.66 four stars
Family House (CA) 96.66 four stars
Friends of United Hatzalah of Israel (NY) 96.46 four stars
High Hopes Therapeutic Riding, Inc. (CT) 85.78 three stars
Ronald McDonald House Charities, Inc. (IL) 100.00 four stars

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Charity Contact Info

Family Reach Foundation
2001 Route 46
Suite 310
Parsippany, NJ 07054
tel: (973) 394-1411
EIN: 91-2192211

Visit Web Site

Board Leadership

Chris Wiatrak
President

CEO

Carla Tardif
CEO

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