Sigma Reach

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

EIN: 364935676 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

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Overview

What is Sigma Reach?

Sigma Reach, as stated in the provided information, is a nonprofit organization that was once active. Information regarding its specific mission or activities is not available, but it's known to have operated with a purpose. Although its current status is not disclosed, it's important to remember that nonprofit organizations can cease operations for a variety of reasons, not necessarily due to underperformance or failure.


Official website here: www.sigmareach.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Stars)

Sigma Reach has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's overall score is based entirely on its accountability and finance metrics, which are strong across the board, reflecting good governance and transparency.

The nonprofit benefits from a fully independent board, with all 10 members being independent, and it has demonstrated a solid commitment to ethical practices, such as having a comprehensive conflict of interest policy and a documented whistleblower policy. Additionally, their financials show a healthy liabilities to assets ratio of 0.51% and a significant program expense ratio of 75.09%, suggesting that a large portion of their resources is dedicated to their mission.

While the data presents a positive view of Sigma Reach, it is important for potential donors and stakeholders to continue monitoring the organization for any future developments. Overall, Sigma Reach exemplifies strong governance and financial responsibility, making it a trustworthy option for those looking to support nonprofit initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Sigma Reach legitimate?

Sigma Reach is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sigma Reach submitted a form 990EZ, 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.


Official website here: www.sigmareach.org

What is the mission statement of Sigma Reach?

Sigma Reach, being a terminated or non-active nonprofit organization, does not have an active mission statement at this time. Previously, the organization may have had a mission to contribute to a specific cause or community, but due to its termination, its mission is no longer in effect. The details of its former mission are not available.


Official website here: www.sigmareach.org

Who is the CEO of Sigma Reach?

David T Underwood is the President of Sigma Reach.


Official website here: www.sigmareach.org

What is the revenue of Sigma Reach?

Sigma Reach's revenue in 2022 was $148,690.


Official website here: www.sigmareach.org

Who are the executives of Sigma Reach and what are their salaries?


Here are 4 key members and their salaries:


David T Underwood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma A Underwood (Vice Presidentsecretary)
  • Compensation: $24,074
  • Related: $0
  • Other: $0
Sidnee Silva (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sigmareach.org

Where can I find the form 990EZ for Sigma Reach?

Sigma Reach's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.sigmareach.org

Learn more at the official website: www.sigmareach.org

Mission Statement of Sigma Reach

Sigma Reach, once an active nonprofit organization, was dedicated to a specific mission. Regrettably, this mission-driven entity is no longer in operation. The details of its mission were not provided, but it's clear that Sigma Reach held a significant role in the nonprofit sector. Although the organization is no longer functioning, its legacy and the impact it made during its active years continue to be a testament to its commitment and dedication.

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Impact




October, 2024

Sigma Reach had a significant impact within the Fort Worth community, focusing on religious-related activities. While it is no longer active, its mission aimed to foster connection and support among individuals seeking spiritual growth and community engagement. The organization's initiatives likely contributed to building faith-based networks and providing resources for those in need, helping to enrich the lives of many in the area. Despite its termination, the legacy of Sigma Reach may still resonate with those who benefited from its efforts.




This information is meant to be a general summary of Sigma Reach. 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
$148,690 (2022)
Expenses
$303,178 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $148,690

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Principal Officer

David T Underwood

Main Address

13039 HARMON ROAD UNIT 511, Fort Worth, TX, 76177

NTEE Category

Code: X00 - Religion related

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