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The Reaching Back Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043392563 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Reaching Back Foundation Inc?

The Reaching Back Foundation Inc, based in Boston, Massachusetts, is a nonprofit organization that focuses on distributing funds to charitable organizations in need, particularly in communities where charitable funding is scarce. Their primary objective is to support and empower disadvantaged youth by providing them with essential tools and skills necessary for competition and success through teaching and learning initiatives. The foundation promotes learning and development by advocating for educational opportunities and resources in these communities.

Is The Reaching Back Foundation Inc legitimate?

The Reaching Back Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Reaching Back Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Reaching Back Foundation Inc?

The Reaching Back Foundation Inc's mission is centered around empowering disadvantaged youth. Their primary objective is to equip these young individuals with the necessary tools and skills required for competition and success. This is achieved through teaching and learning promotion. The foundation also organizes special events and distributes funds to charities in need, with a particular focus on communities where charitable funding is scarce.

Who is the CEO of The Reaching Back Foundation Inc?

E Macy Russell is the Chairman of The Reaching Back Foundation Inc.

What is the revenue of The Reaching Back Foundation Inc?

The Reaching Back Foundation Inc's revenue in 2022 was $201,006.

Who are the executives of The Reaching Back Foundation Inc and what are their salaries?

There 2 volunteers at The Reaching Back Foundation Inc.


Here are 7 key members and their salaries:


E Macey Russell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Santos Iii (Treasurer/Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony E Venturoso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael G Saegh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Brackett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight F Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shepherd Krochuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Reaching Back Foundation Inc?

The Reaching Back Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Reaching Back Foundation Inc

The Reaching Back Foundation Inc is committed to empowering disadvantaged youth by equipping them with the necessary tools and skills to compete and succeed. This is achieved through teaching and promoting learning. The organization's objective is to bridge the gap for young individuals who may be lacking in resources, thereby enabling them to compete effectively and thrive in various aspects of life. By providing these essential skills, The Reaching Back Foundation Inc aims to foster a generation of resilient and self-sufficient young people.

The foundation's mission is multifaceted. It involves not only imparting knowledge and skills but also promoting a culture of learning. This holistic approach ensures that the beneficiaries are well-equipped to navigate the challenges they may encounter in their personal and professional lives. By focusing on disadvantaged youth, The Reaching Back Foundation Inc aims to contribute to a more equal and inclusive society, where every individual has the opportunity to succeed, regardless of their background or circumstances. Through special events, the organization also extends its support to charitable organizations in need, particularly in communities where charitable funding is scarce. This further solidifies its commitment to making a positive impact in the lives of the less fortunate.

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Impact




October, 2024

The Reaching Back Foundation Inc significantly impacts disadvantaged youth by equipping them with essential tools and skills to compete and succeed in today's world. Through targeted educational initiatives, the foundation promotes learning, ensuring that these young individuals have access to opportunities that can transform their futures.

By organizing special events, the foundation effectively raises and allocates funds to support charities that focus on underprivileged communities, particularly in areas where financial resources are scarce. This approach not only enhances educational access but also fosters community resilience, addressing the broader challenges faced by these neighborhoods, including crime. Overall, The Reaching Back Foundation Inc is a catalyst for positive change, empowering youth and promoting a brighter future for the communities it serves.




This information is meant to be a general summary of The Reaching Back Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$201,006 (2022)
Expenses
$10,638 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6
  • Gross Receipts: $201,006

Assets and Liabilities:

  • Total Assets: $193,904
  • Total Liabilities: $0
  • Net Assets: $193,904

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Organization Details

Founding Year

1997

Principal Officer

E Macy Russell

Main Address

TWO INTERNATIONAL PLACE C/O E MACEY, BOSTON, MA, 02110

NTEE Category

Code: I21 - Crime

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