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Health : Patient and Family Support

Family Reach Foundation

A financial lifeline for families fighting cancer

91.41

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

Board Leadership
Tracy Foster
President

CEO
Carla Tardif
CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 91.41
  Financial 88.54
  Accountability & Transparency 96.00
This rating was published 02/01/2021 and includes data from FY2019, 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

88.54

Accountability & Transparency

96.00

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)
79.9%
  Administrative Expenses 8.6%
  Fundraising Expenses 11.4%
  Fundraising Efficiency $0.10
  Working Capital Ratio (years) 0.61
  Program Expenses Growth 37.4%
  Liabilities to Assets 10.1%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,563,475
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $361,750
   Related Organizations $0
   Government Grants $0
Total Contributions $6,925,225
   Program Service Revenue $0
Total Primary Revenue $6,925,225
   Other Revenue $88,029
TOTAL REVENUE $7,013,254
   
EXPENSES  
   Program Expenses $6,944,916
   Administrative Expenses $768,890
   Fundraising Expenses $975,183
TOTAL FUNCTIONAL EXPENSES $8,688,989
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,675,735
   
Net Assets $3,969,466

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 $6,944,916 100.0%

Ratings History
Family Reach Foundation has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 02/01/2021 91.41
2018-12 12/01/2019 94.66
2017-12 12/01/2018 94.88
2016-12 12/22/2017 94.79
2015-12 10/01/2017 93.20

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
$188,958 2.17% Carla Tardif CEO

Highly Rated

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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

Tracy Foster
President

CEO

Carla Tardif
CEO

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