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Reach Project Inc

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

EIN: 465495449 ✦ Henderson, NV ✦ Designated as a 501(c)(3)

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Overview

What is Reach Project Inc?

Reach Project Inc, located in Henderson, Nevada, is a nonprofit organization dedicated to enriching the lives of children in the state. Their primary mission is to offer recreational activities and athletic competitions in a nurturing environment, which fosters physical well-being, builds confidence, and enhances the children's overall quality of life. By engaging in these activities, the children can develop character and grow in various aspects, ultimately leading to a fulfilling life.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, Two-Star out of Four Star rating.

Reach Project Inc has received a score of 71%, which translates to a Two-Star rating primarily based on its accountability and finance metrics. The organization has several strengths, including a solid program expense ratio of 89.15%, indicating that a significant portion of its expenditures is directed towards its programs rather than administrative costs. Additionally, there are no noted material diversions of assets, which reflects sound financial practices.

However, the evaluation also highlights critical weaknesses. Notably, the organization lacks independent board members, which can raise concerns about governance and oversight. Furthermore, Reach Project Inc's website was not listed on its tax form, and it has not posted its tax forms on its website, which could hinder transparency. Although it has policies in place for conflicts of interest and whistleblowing, the absence of documented board meeting minutes suggests potential gaps in accountability.

Overall, while Reach Project Inc demonstrates strong programmatic focus, there are significant areas for improvement, particularly in governance and transparency practices, which could enhance stakeholder confidence and organizational effectiveness.


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

Is Reach Project Inc legitimate?

Reach Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach Project 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: $111,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Reach Project Inc?

Reach Project Inc's mission is centered around providing recreational activities and athletic competition for children in Nevada. The primary goal is to foster their physical well-being, build confidence, and enhance their character. This is done in a wholesome environment, aiming to ultimately improve their overall quality of life. The organization's activities aim to provide a holistic development experience for these children, helping them grow and thrive.

Who is the CEO of Reach Project Inc?

Grant Vermillion is the Not Applicable of Reach Project Inc.

What is the revenue of Reach Project Inc?

Reach Project Inc's revenue in 2022 was $188,736.

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

There 8 volunteers at Reach Project Inc.


There is 1 key member and their salary:


Not Applicable (Not Applicable)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reach Project Inc?

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

Mission Statement of Reach Project Inc

Reach Project Inc, a nonprofit organization, is committed to providing children in Nevada with enriching recreational activities and athletic competition. Their mission is to create a wholesome environment that fosters the physical well-being of each child, boosts their confidence, and enhances their overall quality of life. By engaging in these activities, the children under Reach Project Inc's care can develop essential life skills and character traits, ultimately leading to a more fulfilling existence.

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Impact




October, 2024

Reach Project Inc significantly impacts children in Southern Nevada by providing access to recreational activities and athletic competition in a nurturing environment. This initiative cultivates physical well-being, fostering healthier lifestyles among participants.

Through structured programs, children build confidence and character, essential traits that contribute to their personal development. The focus on wholesome engagement creates opportunities for social interaction, teamwork, and leadership skills, enhancing their overall quality of life.

Reach Project Inc not only addresses physical health but also promotes emotional resilience, supporting children as they navigate life's challenges. Ultimately, the organization plays a vital role in shaping well-rounded individuals, preparing them for future success.




This information is meant to be a general summary of Reach Project 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
$188,736 (2022)
Expenses
$150,113 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $188,736

Assets and Liabilities:

  • Total Assets: $86,413
  • Total Liabilities: $0
  • Net Assets: $86,413

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Organization Details

Founding Year

2014

Principal Officer

Grant Vermillion

Main Address

1476 RANCH RIDGE DR, HENDERSON, NV, 890122428

NTEE Category

Code: N64 - Recreation

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