New Reach INC

Tax-deductible

New Haven, CT501(c)(3)Since 1990HousingEIN 22-3037451Revenue $9.8M in FY2025

On file with the IRSnewreach.org269 Peck St, 06513-2932 · New Haven, CTTax-exempt since May 1990Publicly supported charity — 170(b)(1)(A)(vi)

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New reach's mission is to inspire independence for those affected by homelessness and poverty through a continuum of housing and support using the most innovative and progressive methods.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
Run by 100 volunteers and 84 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $283K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$496K
to officers and key staff · 5% of spending
Top officer’s pay higher than 86% of similar orgs
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $110K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$16.8M
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
11
of 13 voting members
Looks good: 11 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.8M
-0.4% vs prior year
Spent
$9.6M
To programs
79%
Net assets
$3.3M
By yearFY2021–FY2025
Revenue
$9.8M
FY2025-0.4%
Tap a bar for its year
Revenue by fiscal year
FY2021$8.5M
FY2022$7.5M
FY2023$8.8M
FY2024$9.8M
FY2025$9.8M
Expenses
$9.6M
FY2025▼ -12%
Tap a bar for its year
Expenses by fiscal year
FY2021$7.4M
FY2022$8.2M
FY2023$9.7M
FY2024$10.9M
FY2025$9.6M
Net assets
$3.3M
FY2025▼ -75%
Tap a bar for its year
Net assets by fiscal year
FY2021$15.9M
FY2022$15.1M
FY2023$14.3M
FY2024$13.4M
FY2025$3.3M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1990.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $7.6M Management & general 17% · $1.6M Fundraising 5% · $433K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

16 people listed on the 990; $496K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$195,726Pt VII · Sec A
$150,000Pt VII · Sec A
Chief Quality and Complian
$150,000Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Kellyann Day’s $196K as CEO is at the 86th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Kellyann Day$195,726$180,640$183,053$193,118$172,494
Lisa Asadourian——$155,244$159,519—
Nicole Barnofski$150,000$136,686$131,900$120,923$112,462
Meredith Clay$150,000$125,610———
Meredith Damboise——$117,364$102,319—
Marta Goldman———$100,847—
Cynthia Lavoie———$76,486$100,766

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Inspires independence for those affected by homelessness and poverty through housing and support.

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3 programs · $6.2M · in their own filed words · FY2024
01

Under new reach's crisis services umbrella, the aim is to make homelessness breif. New reach's services in the following programs use an evidence-based practice to accomplish this. The emergency shelter program (esp) has the capacity to serve 23 women with children and 18 individual women every day (24/7) who have experienced…

$3.0Mprogram expense
02

Under the housing unbrella, new reach's supportive housing program (PSH) benefits those who have experienced homelessness or were at risk of becoming homeless by coupling housing subsidies with ongoing case management services and supports designed to achieve long-term stabilization making homelessness one-time.

$2.6Mprogram expense
03

With regard to prevention, new reach's high-quality and collabortive eviction prevention services help low-income households to avert eviction and any associated trauma, to build strong support systems, and ultimately make homelessness rare.

$597Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$110K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$9.8M
Ln 12
Gifts and grantsLn 1h$8.3M
Fees for servicesLn 2g$1.1M
Other incomeLn 4–11$380K
Money outPt IX
$9.6M
Ln 25
Programscol B$7.6M
Managementcol C$1.6M
Fundraisingcol D$433K
Owns and owesPt X
$3.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.8M
Total assetsLn 16$20.1M
LiabilitiesLn 26$16.8M
PeoplePt VI, VII
16
listed · VII A
PaidVII A3
Voting boardVI 1a13
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8.3M
Government grantsLn 1e$5.7M
Noncash giftsLn 1g$816K
Fees for servicesLn 2g$1.1M
Investment incomeLn 3$104K
Other incomeLn 4–11$380K
Gains on assetsLn 7$6K
Total revenueLn 12$9.8M
Assets in detailPt X, end of year
SavingsLn 2$2.8M
Cash and savings togetherLn 1–2$2.8M
InvestmentsLn 11–13$919K
Land, buildings, equipmentLn 10c$14.4M
Other assetsLn 15$373K
Total assetsLn 16$20.1M
LiabilitiesLn 26$16.8M
Net assetsLn 32$3.3M
OperationsPt I, VI
EmployeesI 584
VolunteersI 6100
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$3.2M$2.8M
InvestmentsLn 11–13$826K$919K
Land, buildings, equipmentLn 10c$14.8M$14.4M
Total assetsLn 16$20.1M$20.1M
LiabilitiesLn 26$6.7M$16.8M
Net assetsLn 32$13.4M$3.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of disqualified personsLn 6$201K$142K$44K$15K
Other salaries and wagesLn 7$3.8M$2.8M$759K$286K
Other employee benefitsLn 9$718K$512K$158K$48K
Payroll taxesLn 10$345K$246K$76K$23K
Other fees for servicesLn 11g$249K$46K$202K$169
Office expensesLn 13$262K$232K$10K$20K
OccupancyLn 16$883K$754K$129K
Conferences, conventions and meetingsLn 19$3K$723$2K$923
InterestLn 20$99K$78K$17K$4K
Depreciation, depletion and amortizationLn 22$555K$437K$95K$24K
InsuranceLn 23$135K$113K$18K$3K
Other expenses (24a–d)Ln 24$2.1M$2.1M$51K$8K
All other expensesLn 24e$181K$143K$36K$2K
Total functional expensesLn 25$9.6M$7.6M$1.6M$433K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $9.8M$9.6M$203K$3.3M 990 PDF
FY2024 $9.8M$10.9M−$1.1M$13.4M 990 PDF
FY2023 $8.8M$9.7M−$890K$14.3M 990 PDF
FY2022 $7.5M$8.2M−$686K$15.1M 990 PDF
FY2021 $8.5M$7.4M$1.0M$15.9M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $9,804,245 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,208,566$8,256,619
I-9 Program service revenuePrior year $1,043,157$1,064,193
I-10 Investment incomePrior year $162,708$103,870
I-11 Other revenuePrior year $424,701$379,563
I-12 Total revenuePrior year $9,839,132$9,804,245
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,623,983$5,109,638
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,286,556$4,491,149
I-18 Total expensesPrior year $10,910,539$9,600,787
I-19 Revenue less expensesPrior year −$1,071,407$203,458
Part VI · Governance 11 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,804,245 across 10 lines filed
VIII-1e Government grants$5,659,089
VIII-1f All other contributions, gifts and grants$2,597,530
VIII-1g Noncash contributions (included above)$815,715
VIII-1h Total contributions, gifts and grants$8,256,619
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,064,193$1,064,193
VIII-3 Investment incomeExcluded from tax $98,156$98,156
VIII-7 Net gain or loss on sales of assetsExcluded from tax $5,714$5,714
VIII-8 Net income from fundraising eventsExcluded from tax $373,535$373,535
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,028$6,028
VIII-12 Total revenueRelated to mission $1,070,221 · Unrelated business $0 · Excluded from tax $477,405$9,804,245
Part IX · Statement of functional expenses $9,600,787 across 13 lines filed
IX-6 Pay of disqualified personsPrograms $142,358 · Management $44,395 · Fundraising $14,519$201,272
IX-7 Other salaries and wagesPrograms $2,800,522 · Management $758,708 · Fundraising $285,621$3,844,851
IX-9 Other employee benefitsPrograms $512,427 · Management $157,934 · Fundraising $48,031$718,392
IX-10 Payroll taxesPrograms $246,176 · Management $75,873 · Fundraising $23,074$345,123
IX-11g Other fees for servicesPrograms $46,193 · Management $202,382 · Fundraising $169$248,744
IX-13 Office expensesPrograms $232,428 · Management $9,792 · Fundraising $19,542$261,762
IX-16 OccupancyPrograms $753,904 · Management $129,444$883,348
IX-19 Conferences, conventions and meetingsPrograms $723 · Management $1,560 · Fundraising $923$3,206
IX-20 InterestPrograms $77,787 · Management $17,377 · Fundraising $4,232$99,396
IX-22 Depreciation, depletion and amortizationPrograms $436,862 · Management $94,728 · Fundraising $23,549$555,139
IX-23 InsurancePrograms $113,487 · Management $18,270 · Fundraising $3,023$134,780
IX-24 Other expenses (24a–d)Programs $2,064,612 · Management $50,672 · Fundraising $8,423$2,123,707
IX-24e All other expensesPrograms $142,501 · Management $36,297 · Fundraising $2,269$181,067
IX-25 Total functional expensesPrograms $7,569,980 · Management $1,597,432 · Fundraising $433,375$9,600,787
Part X · Balance sheet $20,108,459 assets, 14 lines filed
X-2 Savings and temporary cash investmentsStart of year $3,157,331$2,838,639
X-3 Pledges and grants receivableStart of year $821,670$1,534,264
X-10c Land, buildings and equipment, netStart of year $14,750,753$14,443,032
X-11 Publicly traded securitiesStart of year $825,665$919,277
X-15 Other assetsStart of year $466,687$373,247
X-16 Total assetsStart of year $20,079,821$20,108,459
X-17 Accounts payable and accrued expensesStart of year $898,260$847,621
X-19 Deferred revenueStart of year $3,178,720$3,152,980
X-25 Other liabilitiesStart of year $326,586$362,000
X-26 Total liabilitiesStart of year $6,700,134$16,780,526
X-27 Net assets without donor restrictionsStart of year $3,093,859$3,327,933
X-28 Net assets with donor restrictionsStart of year $10,285,828$0
X-32 Total net assets or fund balancesStart of year $13,379,687$3,327,933
X-33 Total liabilities and net assetsStart of year $20,079,821$20,108,459
Part XI · Reconciliation of net assets $3,327,933 net assets at year end
XI-1 Total revenue$9,804,245
XI-2 Total expenses$9,600,787
XI-3 Revenue less expenses$203,458
XI-4 Net assets at start of year$13,379,687
XI-5 Net unrealized gains (losses) on investments$89,377
XI-8 Prior period adjustments−$10,285,828
XI-9 Other changes in net assets−$58,761
XI-10 Net assets at end of year$3,327,933

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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