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REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)
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REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)
Norfolk, VA, US
•
501(c)3
•
EIN
54-1918686
•
WWW.REACHREADS.ORG
REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)
Sign up to claim this org
Norfolk, VA, US
•
501(c)3
•
EIN
54-1918686
•
WWW.REACHREADS.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
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Grants Received
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Balance Sheet
Fiscal Year Start:
Jul 1
Assets in
2024
(Year End)
$1,887,149
Inventories
87%
Other Assets
10%
Cash & Equivalents
3%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Investments
0%
Liabilities in
2024
(Year End)
$1,890,668
Deferred Revenue
87%
Other Liabilities
10%
Notes Payable / Debt (Non-Related)
3%
Payables & Accruals
<1%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$70,557
$53,061
-25%
Receivables (Non-Related)
$18,000
-
-
Related-Party Receivables
-
-
-
Inventories
$1,688,792
$1,640,234
-3%
Prepaid Expenses
$750
$1,118
+49%
Investments
-
-
-
Property, Plant, & Equipment (net)
$5,393
$3,291
-39%
Other Assets
$233,824
$189,445
-19%
Total Assets
$2,017,316
$1,887,149
-6%
Liabilities
2023
2024
Change
Payables & Accruals
$10,278
$15,489
+51%
Grants Payable
-
-
-
Deferred Revenue
$1,688,792
$1,640,234
-3%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$50,000
$50,000
+0%
Related-Party Payables
-
-
-
Other Liabilities
$229,324
$184,945
-19%
Total Liabilities
$1,978,394
$1,890,668
-4%
Net assets
2023
2024
Change
Restricted Net Assets
$18,000
-
-
Unrestricted Net Assets
$20,922
-$3,519
-117%
Net assets
2023
2024
Change
Net assets
+$38,922
-$3,519
-109%
Balance Sheet