Reachanother Foundation EIN 27-1440140 Form 990 (PDF) Claim this org

Reachanother Foundation FY2020 filing

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Improves lives globally by increasing access to healthcare, education, and safe living conditions. For fiscal year 2020 it reported $424K in revenue, $341K in expenses, and $284K in net assets.Pt I

Founded
2009
Type
Public charity (501(c)(3)) · International
Location
Bend, OR
Website
www.reachanother.org
Filings
6 on file (2020–2020)
Revenue
$424KFY2020
Expenses
$341K
Net assets
$284K
People
9
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-1440140 Public charity (501(c)(3)) Bend, OR Founded 2009
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 8/30/26 · see original: IRS
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Size
$1–10M
What they do
Improves lives globally by increasing access to healthcare, education, and safe living conditions.
Leadership
Marinus Koning · President
Money in and out
$424K revenue, $341K expenses
Bottom line
87% program efficiency
Where the money goes · FY2020
Total revenue
$424K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$284K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $83K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Program efficiency
87%
of spending reaches programs
Operating runway
20.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+20%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$424K
FY2020
Expenses
$341K
FY2020
Total assets
$290K
FY2020
Total liabilities
$7K
FY2020
Total revenue
$424K
Pt VIII · Ln 12
Total expenses
$341K
Pt IX · Ln 25
Net assets
$284K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$83K
Total assetsPt X · Ln 16$290K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReachanother Foundation
EINHdr · item D27-1440140
Principal addressHdr · item CBend, OR
WebsiteHdr · item Jwww.reachanother.org
Year of formationHdr · item L2009
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q33)
Ruling yearIRS BMFMar 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Chloe Honaker Richon’s $57K as Executive Dir. is at the 10th percentile of top reported officer pay among 1170 $1–10M international 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 · 2 named individuals · Part VII

NameFY2023FY2022
Chloe Honaker Richon$56,625
Chloe Honaker Richon$45,000

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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Mission & Programs · Part III

Where the work happens

2 program services account for $272K of program spending, described in the organization's own filed words · FY2020.
01

Centers of excellence leadership conferencewe signed a contract with bahir dar university making it our 6TH center of excellence in pediatric neurosurgery in ETHIOPIA.WE were unable to travel to ethiopia because of covid.

$215Kprogram expense
02

Primary Prevention of Spina Bifida Birth Defects

Food fortification with folic acidworked with our prevention partners nutrition international and the ethiopian public health institute to begin phase 1 of salt fortification with folic acid studies, to evaluate salt, and make folic acid fortified salt, and evaluate the supply chain of salt.

$57Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$410K · 97%
Other revenue$14K · 3%
Contributions & grants97%$410K
Other revenue3%$14K
Investment income$16
— government grantsLn 1e$1K
Total revenueLn 12$424K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.08 Fundraising $0.05
Program services87%$297K
Management & general8%$29K
Fundraising5%$16K
Total functional expensesLn 25$341K

Balance Sheet

Part X · end of year
CashLn 1$290K
Total assetsLn 16$290K
Total liabilitiesLn 26$7K
Total net assetsLn 32$284K
Months of cash on handcomputed10.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $290K · Operating expenses (Pt IX) $341K · Less non-cash grants $169K · Cash operating expenses/yr $172K
20.2 months
Where the money goes
Program services
Program services $297K · Total expenses $341K
87%
Management & General
Management & general $29K · Total expenses $341K
8%
Fundraising
Fundraising $16K · Total expenses $341K
5%
Cost to raise $1
Fundraising expense $16K · Solicited contributions $409K
$0.04 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $410K · Total revenue $424K
97%
Government reliance
Government grants $1K · Total revenue $424K
0.2%
Earned-income share
Program service revenue $0 · Total revenue $424K
0%
Investment reliance
Investment income $16 · Total revenue $424K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $341K
0%
Growth & trend
Revenue growth (YoY)
This year $424K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $284K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $424K · Expenses $341K
+20%
Liabilities-to-Assets
Total liabilities — · Total assets $290K
Net-asset ratio
Net assets $284K · Total assets $290K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $290K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Marinus Koning · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $341K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $33K · Total expenses $341K
10%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 8%
Fundraising cost ratio 4%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$473K revenue · ⤓ 990 PDF
FY2024$3.1M revenue · ⤓ 990 PDF
FY2023$3.7M revenue · ⤓ 990 PDF
FY2022$282K revenue · ⤓ 990 PDF
FY2021$287K revenue · ⤓ 990 PDF
FY2020$424K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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