Reach Resource Services FY2024 filing

Flint, MI · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible
Revenue
$2.1M
+4% vs prior year
Spent
$2.2M
To programs
93%
Net assets
$703K
By yearFY2020–FY2024
Revenue
$2.1M
FY2024▲ +4%
Revenue by fiscal year
FY2020$1.7M
FY2021$1.6M
FY2022$2.3M
FY2023$2.0M
FY2024$2.1M
FY2024$2.2M
Expenses
$2.2M
FY2024▲ +5%
Expenses by fiscal year
FY2020$1.8M
FY2021$1.7M
FY2022$2.2M
FY2023$2.1M
FY2024$2.2M
FY2024$2.2M
Net assets
$703K
FY2024▼ -17%
Net assets by fiscal year
FY2020$915K
FY2021$848K
FY2022$959K
FY2023$844K
FY2024$703K
FY2024$710K

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2024) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Legal name (IRS)Hdr · item CReach Resource Services
EINHdr · item D38-2299753
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJul 1980
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CFlint, MI
NTEE classificationIRS BMFHuman Services (P300)
WebsiteHdr · item Jwww.reach-traverseplace.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$2.1M
Management & general7%$157K
Total functional expensesLn 25$2.2M

Financial health

Is it on solid ground?

Program efficiency
93%
of spending reaches programs
Operating runway
0.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$1.0M
FY2024▼ -4%
Total assets by fiscal year
FY2020$959K
FY2021$892K
FY2022$1.0M
FY2023$1.1M
FY2024$1.0M
FY2024$1.0M
Total liabilities
$317K
FY2024▲ +47%
Total liabilities by fiscal year
FY2020$44K
FY2021$44K
FY2022$71K
FY2023$215K
FY2024$317K
FY2024$328K
Revenue less expensesPt I · Ln 19−$141K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410

Balance Sheet

Part X · end of year
CashLn 1$95K
Total assetsLn 16$1.0M
Total liabilitiesLn 26$317K
Total net assetsLn 32$703K
Months of cash on handcomputed0.5

Statement of Revenue

Part VIII
Contributions & grants100%$2.1M
Investment income$11
— government grantsLn 1e$2.0M
Total revenueLn 12$2.1M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $95K · Operating expenses/yr $2.2M
0.5 months
Where the money goes
Program services
Program services $2.1M · Total expenses $2.2M
93%
Management & General
Management & general $157K · Total expenses $2.2M
7%
Fundraising
Fundraising $0 · Total expenses $2.2M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $89K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2.1M · Total revenue $2.1M
100%
Government reliance
Government grants $2.0M · Total revenue $2.1M
95%
Earned-income share
Program service revenue $0 · Total revenue $2.1M
0%
Investment reliance
Investment income $11 · Total revenue $2.1M
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $2.2M
0%
Growth & trend
Revenue growth (YoY)
This year $2.1M · Prior year $2.0M
+4%
Revenue CAGR
FY2019 $1.7M · FY2023 $2.1M
+5%
Net-asset trend (YoY)
End of year $703K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.1M · Expenses $2.2M
-7%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
—
Net-asset ratio
Net assets $703K · Total assets $1.0M
69%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jill Bauer · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $2.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.5M · Total expenses $2.2M
68%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 93%——
Overhead ratio 7%——
Fundraising cost ratio 0%——
Revenue growth 4%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

James Perlaki’s $64K as Exec Directo is at the 9th percentile of top reported officer pay among 3869 $1–10M human services 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.

See Reach Resource Services executive salaries →

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Governance & Policies

Part VI
  • 10Voting board membersPt VI · Ln 1a
  • 10Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Reach Resource Services is a human services nonprofit based in Flint, MI.

Provided by the organization

This section is blank until Reach Resource Services claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $2.1M of program spending, described in the organization's own filed words · FY2023.
01

Basic center- reach reach serves 10-17 year old runaway, homeless and youth at-risk of homelessness and their families who are experiencing crisis situations and need assistance. Services include 24-HOUR telephone or face to face crisis intervention, 90-DAY prevention counseling, information and referral, and 21-DAY emergency shelter…

$848Kprogram expense
02

Transitional Living

Traverse place traverse place provides transitional living opportunities in a supervised congregate facility and through scattered site graduated housing. Program services are built upon four foundational principals - housing, education, employment and life skills.

$728Kprogram expense
03

Street outreach the street outreach team's focus is aimed at street youth, adults, and families who are both uninformed and in need of basic assistance such as food, clothing, case management, safety planning, hygiene needs, transportation AND/OR emergency and long-term shelter care.

$501Kprogram expense

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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 · FY2024
Total grants receivedfrom 1 funder$296K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Viewing $2.1M$2.2M+4% 990 PDF
FY2023 $2.0M$2.1M-13% 990 PDF
FY2022 $2.3M$2.2M+41% 990 PDF
FY2021 $1.6M$1.7M-6% 990 PDF
FY2020 $1.7M$1.8M 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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