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Reach New Heights Inc

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

EIN: 364773615 ✦ Sarasota, FL ✦ Designated as a 501(c)(3)

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Overview

What is Reach New Heights Inc?

Reach New Heights Inc, based in Sarasota, Florida, is a charitable and educational nonprofit organization, as classified under Section 501(C)(3) of the Internal Revenue Code. Its primary mission is to raise funds and provide educational scholarships to low-income and needy grade school students. The organization operates with the aim to make distributions to other exempt organizations under the same tax code. In addition to scholarships, Reach New Heights Inc also rents out facilities to a local charter school that promotes student athletes. The nonprofit operates with the intention of contributing positively to the educational and financial well-being of underprivileged students in the community.

Is Reach New Heights Inc legitimate?

Reach New Heights Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach New Heights 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 Reach New Heights Inc?

Reach New Heights Inc is a charitable organization, falling under the category of Section 501(C)(3) of the Internal Revenue Code. Its primary objective is to raise funds and provide educational scholarships to low-income and needy students at the grade school level. This non-profit organization aims to contribute to the educational opportunities of underprivileged students, fostering equality in education. It may also distribute funds to other exempt organizations as per the requirements of Section 501(C)(3) of the Internal Revenue Code.

Who is the CEO of Reach New Heights Inc?

Jeff Howard is the President of Reach New Heights Inc.

What is the revenue of Reach New Heights Inc?

Reach New Heights Inc's revenue in 2021 was $418,769.

Who are the executives of Reach New Heights Inc and what are their salaries?


Here are 2 key members and their salaries:


Jeff Howard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Goldis (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reach New Heights Inc?

Reach New Heights Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Reach New Heights Inc

Reach New Heights Inc, a charitable and educational organization operating under Section 501(C)(3) of the Internal Revenue Code, is dedicated to raising funds and providing educational scholarships to low-income and needy students at the grade school level. The organization's primary mission is to support these students financially, enabling them to pursue their education despite financial challenges. By offering scholarships, Reach New Heights Inc aims to empower these students, providing them with the opportunity to build a better future for themselves. The organization's activities are centered around this mission, making distributions to other exempt organizations under Section 501(C)(3) of the Internal Revenue Code, should the need arise.

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Impact




October, 2024

Reach New Heights Inc has made a significant impact in the Sarasota community by providing educational opportunities for low-income and needy students. By raising funds specifically for grade school scholarships, the organization addresses financial barriers that can hinder a child's access to quality education.

In addition to offering scholarships, Reach New Heights Inc supports local charter schools by renting out facilities that promote student athletes, fostering an environment where physical activity and educational aspirations can thrive concurrently. This dual focus on academics and athletics not only nurtures well-rounded individuals but also reinforces the importance of education in achieving personal and professional growth.

Through these initiatives, Reach New Heights Inc plays a crucial role in uplifting students, encouraging their academic pursuits, and ensuring that financial limitations do not obstruct their educational journeys. By championing the cause of accessible education, the organization contributes to stronger, more equitable communities in Sarasota and beyond.




This information is meant to be a general summary of Reach New Heights 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
$418,769 (2021)
Expenses
$339,508 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $250,694
  • Gross Receipts: $418,769

Assets and Liabilities:

  • Total Assets: $153,454
  • Total Liabilities: $772
  • Net Assets: $152,682

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FACILITY RENTAL

Revenue

$202,400

GYM RENTAL

Revenue

$46,880

CONCESSIONS

Revenue

$1,414

Organization Details

Founding Year

2013

Principal Officer

Jeff Howard

Main Address

1077 S EUCLID AVE, SARASOTA, FL, 34237

NTEE Category

Code: B94 - Education

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