Reach Education Fund

Tax-deductible

Worth, IL501(c)(3)Colleges & UniversitiesEIN 47-1937331Revenue $3.9M in FY2024

On file with the IRSreacheducationfund.com11408 S Harlem Ave, 60482-2004 · Worth, ILTax-exempt since Oct 2014Publicly supported — 509(a)(2)

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To provide college scholarships

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Run by 5 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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 $165K a year · 9% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$250K
to officers and key staff · 7% of spending
Top officer’s pay lower than 51% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$480K
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.9M
+108% vs prior year
Spent
$3.5M
To programs
86%
Net assets
$524K
By yearFY2020–FY2024
Revenue
$3.9M
FY2024▲ +108%
Tap a bar for its year
Revenue by fiscal year
FY2020$534K
FY2021$1.2M
FY2022$2.1M
FY2023$1.9M
FY2024$3.9M
Expenses
$3.5M
FY2024▲ +119%
Tap a bar for its year
Expenses by fiscal year
FY2020$919K
FY2021$1.1M
FY2022$1.6M
FY2023$1.6M
FY2024$3.5M
Net assets
$524K
FY2024▲ +211%
Tap a bar for its year
Net assets by fiscal year
FY2020−$679K
FY2021−$602K
FY2022−$88K
FY2023$169K
FY2024$524K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2014.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $3.1M Management & general 6% · $230K Fundraising 8% · $290K

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

20 people listed on the 990; $250K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$125,000Pt VII · Sec A
Executive Director
$125,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Walid Mizyed’s $125K as Executive Director is at the 49th percentile of top reported officer pay among 3395 $1–10M education 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 · 1 named individual · Part VII

NameFY2024FY2023FY2020
Walid Mizyed$125,000$115,000$104,545

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.

See Reach Education Fund executive salaries →

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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 15aNo

Programs and updates

Offers college scholarships to deserving students.

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Provided by the organization

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4 programs · $4.9M · in their own filed words · FY2024
01

Humanitarian Relief in Gaza

Reach Education Fund has been at the forefront of providing humanitarian aid by, distributing over 100,000 meals to displaced families during Ramadan and beyond, constructing temporary shelters and tents for those who lost their homes, partnering with organizations like Peace Dove to provide essential supplies, including food, clean…

$1.9Mprogram expense
02

Humanitarian Relief in Gaza

Reach Education Fund has been at the forefront of providing humanitarian aid by, distributing over 100,000 meals to displaced families during Ramadan and beyond, constructing temporary shelters and tents for those who lost their homes, partnering with organizations like Peace Dove to provide essential supplies, including food, clean…

$1.9Mprogram expense
03

Scholarship & Educational Support Program

Providing scholarships to students inside Palestine, ensuring they have access to higher education, supporting students in Gaza by helping them continue their education, developing educational hubs in Gaza, equipped with internet, solar panels, and devices to help students pursue online learning while traditional schooling remains…

$773Kprogram expense
04

Administrative expenses allocated to performing the organizations program services function

$322Kprogram 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$10K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.9M
Ln 12
Gifts and grantsLn 1h$3.9M
Money outPt IX
$3.5M
Ln 25
Programscol B$3.1M
Managementcol C$230K
Fundraisingcol D$290K
Owns and owesPt X
$524K
net assets · Ln 32
Cash and savingsLn 1–2$989K
Total assetsLn 16$1.0M
LiabilitiesLn 26$480K
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.9M
Total revenueLn 12$3.9M
Assets in detailPt X, end of year
Cash and savings togetherLn 1–2$989K
Total assetsLn 16$1.0M
LiabilitiesLn 26$480K
Net assetsLn 32$524K
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.9M$3.5M$364K$524K 990 PDF
FY2023 $1.9M$1.6M$257K$169K 990 PDF
FY2022 $2.1M$1.6M$513K−$88K 990 PDF
FY2021 $1.2M$1.1M$77K−$602K 990 PDF
FY2020 $534K$919K−$385K−$679K 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 FY2024 990 (1 part)
Part VI · Governance 9 of 9 board members independent, 1 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-15a Process for setting top official's payNo
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

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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