Regenesis FY2020 filing

Tax-deductible

Chester, VA501(c)(3)Mental HealthEIN 45-2247374Revenue $899K in FY2020

On file with the IRSthereachoutcenter.orgPo Box 3718, 23831-8468 · Chester, VATax-exempt since Oct 2012Publicly supported charity — 170(b)(1)(A)(vi)

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To restore faith, family, and future by building character, leading change, and modeling christ. The reach out center has several outreach programs and ministries. The Regenesis recovery program is the most integral part of their mission. The reach out center is passionate about leading individuals from their lives of addiction, poor life choices, and crime to a more positive and productive life.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $56K a year · 5% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $12K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$353K
143% of total assets
Concern: liabilities are 143% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$899K
Spent
$961K
To programs
96%
Net assets
−$106K
By yearFY2020–FY2024
Revenue
$899K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$899K
FY2021$1.2M
FY2022$1.2M
FY2023$1.3M
FY2024$1.5M
Expenses
$961K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$961K
FY2021$993K
FY2022$1.1M
FY2023$1.3M
FY2024$1.5M
Net assets
−$106K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$106K
FY2021$83K
FY2022$186K
FY2023$226K
FY2024$274K

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2012.

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

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $924K Management & general 4% · $37K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A

Gary McReynolds’s $62K as President is at the 6th percentile of top reported officer pay among 1683 $1–10M mental health 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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps people overcome addiction and crime to build better futures through character development.

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Provided by the organization

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2 programs · $924K · in their own filed words · FY2020
01

To restore faith, family, and future by building character, leading change, and modeling christ. The reach out center has several outreach programs and ministries. The regenesis recovery program is the most integral part of their mission.

$924Kprogram expense
02

Regenesis recovery program

Pt IX · col B

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 · FY2023
Total grants receivedfrom 3 funders$12K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$899K
Ln 12
Fees for servicesLn 2g$732K
Other incomeLn 4–11$139K
Gifts and grantsLn 1h$28K
Money outPt IX
$961K
Ln 25
Programscol B$924K
Managementcol C$37K
Owns and owesPt X
−$106K
net assets · Ln 32
Cash and savingsLn 1–2$134K
Total assetsLn 16$247K
LiabilitiesLn 26$353K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$28K
Fees for servicesLn 2g$732K
Other incomeLn 4–11$139K
Total revenueLn 12$899K
Assets in detailPt X, end of year
CashLn 1$134K
Cash and savings togetherLn 1–2$134K
Land, buildings, equipmentLn 10c$31K
Total assetsLn 16$247K
LiabilitiesLn 26$353K
Net assetsLn 32−$106K
OperationsPt I, VI
EmployeesI 518
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$9K$134K
Land, buildings, equipmentLn 10c$30K$31K
Total assetsLn 16$122K$247K
LiabilitiesLn 26$149K$353K
Net assetsLn 32−$27K−$106K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$52K$52K
Other salaries and wagesLn 7$307K$307K
Payroll taxesLn 10$25K$25K
Accounting feesLn 11c$9K$9K
Advertising and promotionLn 12$165$165
Office expensesLn 13$279$279
Information technologyLn 14$10K$10K
OccupancyLn 16$263K$263K
TravelLn 17$1K$1K
InterestLn 20$2K$2K
Depreciation, depletion and amortizationLn 22$1K$1K
InsuranceLn 23$23K$23K
Other expenses (24a–d)Ln 24$266K$266K
Total functional expensesLn 25$961K$924K$37K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.5M$1.5M$37K$274K 990 PDF
FY2023 $1.3M$1.3M$41K$226K 990 PDF
FY2022 $1.2M$1.1M$93K$186K 990 PDF
FY2021 $1.2M$993K$172K$83K 990 PDF
FY2020 Viewing $899K$961K−$62K−$106K 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 FY2020 990 (6 parts)
Part I · Summary $898,706 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $43,968$27,640
I-9 Program service revenuePrior year $639,373$731,724
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $26,407$139,342
I-12 Total revenuePrior year $709,748$898,706
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 $337,994$384,625
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $438,402$576,338
I-18 Total expensesPrior year $776,396$960,963
I-19 Revenue less expensesPrior year −$66,648−$62,257
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $898,706 across 5 lines filed
Lines not itemized here account for $6,822 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$27,640
VIII-1h Total contributions, gifts and grants$27,640
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $731,724$731,724
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $132,520$132,520
VIII-12 Total revenueRelated to mission $871,066 · Unrelated business $0 · Excluded from tax $0$898,706
Part IX · Statement of functional expenses $960,963 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $52,436$52,436
IX-7 Other salaries and wagesPrograms $307,489$307,489
IX-10 Payroll taxesManagement $24,700$24,700
IX-11c Accounting feesManagement $9,318$9,318
IX-12 Advertising and promotionPrograms $165$165
IX-13 Office expensesPrograms $279$279
IX-14 Information technologyPrograms $10,376$10,376
IX-16 OccupancyPrograms $263,140$263,140
IX-17 TravelPrograms $1,356$1,356
IX-20 InterestManagement $1,922$1,922
IX-22 Depreciation, depletion and amortizationManagement $1,435$1,435
IX-23 InsurancePrograms $22,582$22,582
IX-24 Other expenses (24a–d)Programs $265,765$265,765
IX-25 Total functional expensesPrograms $923,588 · Management $37,375 · Fundraising $0$960,963
Part X · Balance sheet $247,390 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $9,224$133,920
X-4 Accounts receivableStart of year $82,805$82,805
X-10c Land, buildings and equipment, netStart of year $29,900$30,665
X-16 Total assetsStart of year $121,929$247,390
X-17 Accounts payable and accrued expensesStart of year $125,754$156,069
X-25 Other liabilitiesStart of year $0$197,212
X-26 Total liabilitiesStart of year $148,558$353,281
X-27 Net assets without donor restrictionsStart of year −$26,629−$105,891
X-32 Total net assets or fund balancesStart of year −$26,629−$105,891
X-33 Total liabilities and net assetsStart of year $121,929$247,390
Part XI · Reconciliation of net assets −$105,891 net assets at year end
XI-1 Total revenue$898,706
XI-2 Total expenses$960,963
XI-3 Revenue less expenses−$62,257
XI-4 Net assets at start of year−$26,629
XI-9 Other changes in net assets−$17,005
XI-10 Net assets at end of year−$105,891

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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