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Reach For Your Potential Inc

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

EIN: 421349210 ✦ Iowa city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Reach For Your Potential Inc?

Reach For Your Potential Inc, located in Iowa City, Iowa, is a dedicated nonprofit organization providing comprehensive support for disabled individuals. Serving approximately 135 individuals from the local community, they offer both adult daycare services and rehabilitation housing. Their mission is to fully cater to the unique needs of each person, aiding them in achieving their aspirations and dreams. This is accomplished through daily residential services, which include round-the-clock care, provided in private residences. The organization is staffed by 223 employees, demonstrating their commitment to the well-being and empowerment of those they serve.


Official website here: www.reachforyourpotential.org

What are the reviews and ratings of this charity?

Charity Navigator gives Reach For Your Potential Inc a score of 96%, which translates to a Four-Star out of Four Star rating, indicating high accountability and financial health. The score reflects a strong emphasis on financial metrics, showcasing a well-managed organization with a strong commitment to transparency and rigorous financial practices.

The nonprofit excels in several key areas, including a fully independent board, no diversion of assets, and robust financial statements. Program expenses represent a notable 82.39% of total expenses, demonstrating that the majority of funds are directed toward the organization's mission rather than administrative costs. However, the charitable organization's online presence lacks some documentation, specifically the posting of its tax form, which is a noted limitation in its transparency efforts.

User reviews from GreatNonprofits are not available at this time. Overall, the organization has a solid financial footing and adheres to best practices in governance, which suggests a reliable choice for donors looking to support its mission.


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

Is Reach For Your Potential Inc legitimate?

Reach For Your Potential Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach For Your Potential 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: $180,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,634,445

For more financial information, click here


Official website here: www.reachforyourpotential.org

What is the mission statement of Reach For Your Potential Inc?

Reach For Your Potential Inc is committed to providing adult daycare services and rehabilitation, as well as housing, for approximately 135 disabled individuals from various communities. Their mission is centered around fully supporting the needs of each individual and aiding them in achieving their aspirations and dreams. The organization offers daily residential services, which include round-the-clock care, to cater to the unique requirements of each resident.


Official website here: www.reachforyourpotential.org

Who is the CEO of Reach For Your Potential Inc?

Staci Humiston is the Executive Di of Reach For Your Potential Inc.


Official website here: www.reachforyourpotential.org

What is the revenue of Reach For Your Potential Inc?

Reach For Your Potential Inc's revenue in 2023 was $10,234,083.


Official website here: www.reachforyourpotential.org

Who are the executives of Reach For Your Potential Inc and what are their salaries?

The average compensation at Reach For Your Potential Inc during 2023 was $30,562. There are 223 employees and 8 volunteers at Reach For Your Potential Inc.


Here are 11 key members and their salaries:


Staci Humiston (Executive Di)
  • Compensation: $132,570
  • Related: $0
  • Other: $6,098
Ronald Schieffer Resigned 72022 ((Former)Exec)
  • Compensation: $93,704
  • Related: $0
  • Other: $10,330
Mike Cilek Resigned 102022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Kammermeyer Resigned 712022 (Former Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Mcdonough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ruth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmine Scarpa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Schroeder (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eldon Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barb Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Zaiger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.reachforyourpotential.org

Where can I find the form 990 for Reach For Your Potential Inc?

Reach For Your Potential Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.reachforyourpotential.org

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

Mission Statement of Reach For Your Potential Inc

Reach for Your Potential, Inc. is a dedicated organization that provides adult daycare services and rehabilitation, as well as housing, for approximately 135 individuals who reside in Iowa City and its surrounding communities. Their mission is centered around fully supporting the needs of each individual they serve, while also aiding them in achieving their personal aspirations and dreams. This support is extended through daily residential services, which encompass round-the-clock care in private residences. The organization's goal is to create an environment that nurtures the growth and success of each individual, allowing them to fully realize their potential.

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Impact




July, 2024

Reach For Your Potential Inc provides vital adult daycare services and rehabilitation/housing for around 135 disabled individuals from Iowa City and surrounding communities. Through their daily residential services, they offer round-the-clock care tailored to fully support the needs of each person and help them achieve their hopes and dreams. This organization plays a crucial role in enhancing the quality of life for individuals with disabilities in the Iowa City area, fostering independence, inclusion, and a sense of community among those they serve.




This information is meant to be a general summary of Reach For Your Potential 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
$10,234,083 (2023)
Expenses
$9,687,534 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$52,471
  • Program Service Revenue: $10,186,621
  • Gross Receipts: $10,292,204

Assets and Liabilities:

  • Total Assets: $7,920,981
  • Total Liabilities: $2,035,406
  • Net Assets: $5,885,575

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Programs

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

FEES & GOV AGENCY CONTRACTS

Revenue

$10,052,327

RENTAL INCOME

Revenue

$134,294

Organization Details

Founding Year

1990

Principal Officer

Staci Humiston

Main Address

1750 S 1ST AVE SUITE I, IOWA CITY, IA, 52240

NTEE Category

Code: L21Z - Housing

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