Overview
What is Reachup Inc?
Reachup Inc, situated in Tampa, Florida, is a nonprofit organization dedicated to enhancing healthcare equality in communities. Their primary mission is to advocate and mobilize resources to foster optimal health for all families. By focusing on risk-taking behaviors and neglect of good health practices, they've significantly reduced infant mortality rates in their served areas by 56% over the past two decades. This remarkable achievement has resulted in substantial cost savings per birth, ranging from $90,000 to $275,000. With 84 employees, Reachup Inc aims to become a recognized center of excellence, collaborating with local, regional, and national entities to create communities with equal opportunities for health.
Official website here: www.reachupincorporated.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
Reachup Inc has achieved a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization has maintained an excellent Accountability & Finance Score of 91%, which showcases its commitment to transparency and effective financial management. Key factors contributing to this high rating include a majority independent board and a well-structured audit and oversight committee.
The nonprofit has shown significant strengths, such as having 92% of board members being independent and an impressive program expense ratio of 89.04%, indicating that a substantial portion of its funding is directed toward its programs rather than administrative costs. Additionally, the organization has implemented various policies, including conflict of interest and whistleblower policies, further enhancing its governance framework.
Despite these strengths, the organization does have a Liabilities to Assets Ratio of 56.30%, which may suggest some financial risk. However, the absence of any material diversion of assets and comprehensive oversight policies mitigate concerns regarding financial stability. Overall, Reachup Inc demonstrates a robust commitment to accountability, making it a trustworthy option for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Reachup Inc legitimate?
Reachup Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reachup 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: $145,147
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,048,411
For more financial information, click here
Official website here: www.reachupincorporated.org
What is the mission statement of Reachup Inc?
Reachup Inc's mission is centered around advocating for and mobilizing resources to promote equality in healthcare and better health outcomes for all families. The organization aims to become a recognized center of excellence, collaborating with others to create communities where everyone has equal opportunities for optimal health. Reachup Inc specifically focuses on reducing public health issues such as infant mortality and low birthweight by encouraging health-conscious behaviors and addressing community concerns. Their Central Hillsborough Healthy Start Project has demonstrated significant success in reducing infant mortality rates by 56%, resulting in substantial cost savings.
Official website here: www.reachupincorporated.org
Who is the CEO of Reachup Inc?
Nicola Bailey is the Board Chair of Reachup Inc. The CEO's salary of Reachup Inc is $0 and their total compensation is $0.
Official website here: www.reachupincorporated.org
What is the revenue of Reachup Inc?
Reachup Inc's revenue in 2023 was $4,766,667.
Official website here: www.reachupincorporated.org
Who are the executives of Reachup Inc and what are their salaries?
The average compensation at Reachup Inc during 2023 was $38,019. There are 84 employees and 12 volunteers at Reachup Inc.
Here are 14 key members and their salaries (Reachup Inc's CEO's salary is $0 and their total compensation is $0):
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- Compensation: $145,147
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Official website here: www.reachupincorporated.org
Where can I find the form 990 for Reachup Inc?
Reachup Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.reachupincorporated.org
Learn more at the official website: www.reachupincorporated.org
Mission Statement of Reachup Inc
ReachUp Inc, a distinguished nonprofit organization, is dedicated to advocating and mobilizing resources to help communities strive for equality in healthcare. Their mission is to become a recognized center of excellence, working collaboratively to foster communities where all families have equal opportunities for optimal health. The organization is committed to reducing major public health issues such as infant mortality and low birthweight, which can significantly impact a society's potential and require substantial resources.
Through their efforts, ReachUp Inc has shown remarkable success in reducing infant mortality rates. Their Central Hillsborough Healthy Start (CHHS) Project, active since 1998, has achieved an unprecedented 56% reduction in infant mortality rates in the served areas. This achievement not only signifies improved health outcomes but also represents substantial potential cost savings per birth, ranging from $90,000 to $275,000. ReachUp Inc's mission is a testament to their commitment to improving healthcare equality and promoting positive health outcomes for families across communities.
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Impact
October, 2024
Reachup Inc plays a pivotal role in advocating for healthcare equality and mobilizing resources to strengthen communities, particularly focusing on women, children, and families. By addressing critical public health issues such as infant mortality and low birthweight, the organization strives to create a solid foundation for healthy communities.
Since its inception, the Central Hillsborough Healthy Start (CHHS) Project has made significant strides, achieving a remarkable 56% reduction in infant mortality rates in the areas it serves. This accomplishment not only showcases the effectiveness of its initiatives but also highlights the potential for cost savings ranging from $90,000 to $275,000 per birth due to improved health outcomes.
By focusing on reducing risk-taking behaviors and enhancing good health practices, Reachup Inc has positioned itself as a leader in public health advocacy. Its commitment to creating equal opportunities for optimal health underscores its mission to foster healthier families and, by extension, healthier communities throughout Tampa and beyond.
This information is meant to be a general summary of Reachup 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $6,514
- Gross Receipts: $4,854,296
Assets and Liabilities:
- Total Assets: $1,583,725
- Total Liabilities: $891,758
- Net Assets: $691,967
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Organization Details
Founding Year
2006
Phone
(813) 712-6300Principal Officer
Nicola Bailey
Main Address
2902 N Armenia Ave 100, Tampa, FL, 33607
Website
www.reachupincorporated.orgNTEE Category
Code: E00 - Health
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