Reach Child Placing Agency

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

EIN: 824333728 ✦ Terrell, TX ✦ Designated as a 501(c)(3)

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Overview

What is Reach Child Placing Agency?

Reach Child Placing Agency is a nonprofit organization committed to providing child foster services and facilitating adoptions. Their mission encompasses offering programs that cater to both child placement and adoption needs. By offering these essential services, Reach Child Placing Agency aims to support and provide a nurturing environment for children in need, ultimately contributing to their well-being and future development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star rating

Reach Child Placing Agency has received a 76% rating from Charity Navigator, earning it a Three-Star designation. This score is based solely on its Accountability & Finance beacon, indicating a focus on financial health and transparency. The agency has maintained a solid fiscal performance, with no material diversions of assets reported and a favorable liabilities to assets ratio of 45.32%.

The organization demonstrates strong governance, with 83% of its board members being independent, contributing to effective oversight and decision-making. Additionally, it has a sound approach to financial reporting, utilizing reviews or compilations for its financial statements, which suggests a commitment to maintaining accountability with its finances.

Despite these strengths, the agency's program expense ratio stands at 65.22%, which is relatively lower compared to other nonprofits. This could indicate that a smaller portion of its expenses is directed towards program services, prompting potential areas for improvement in program delivery and impact. Overall, Reach Child Placing Agency shows a strong commitment to financial accountability but may need to enhance its program spending to maximize its effectiveness.


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

Is Reach Child Placing Agency legitimate?

Reach Child Placing Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reach Child Placing Agency 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: $81,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,228

For more financial information, click here

What is the mission statement of Reach Child Placing Agency?

Reach Child Placing Agency is dedicated to providing child foster services and facilitating adoptions as part of its mission. This organization offers various programs aimed at supporting children in need of foster care and helping them find permanent homes through adoption. By offering these services, Reach Child Placing Agency aims to contribute positively to the lives of vulnerable children, providing them with a nurturing environment and a chance at a stable future.

Who is the CEO of Reach Child Placing Agency?

Tammy Pargoud is the Exec Director of Reach Child Placing Agency.

What is the revenue of Reach Child Placing Agency?

Reach Child Placing Agency's revenue in 2022 was $652,441.

Who are the executives of Reach Child Placing Agency and what are their salaries?

The average compensation at Reach Child Placing Agency during 2022 was $33,671. There are 5 employees at Reach Child Placing Agency.


Here are 6 key members and their salaries:


Tammy Pargoud (Exec Director)
  • Compensation: $81,127
  • Related: $0
  • Other: $0
Pam Corder (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Vinze (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Hagler (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Talana Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Esch (Parliamentarian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Reach Child Placing Agency?

Reach Child Placing Agency's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Reach Child Placing Agency

Reach Child Placing Agency, as its name suggests, is dedicated to providing essential services for children in need of foster care. The organization's mission encompasses child foster services and adoptions. In essence, Reach Child Placing Agency strives to offer a supportive environment and permanent homes for children who require temporary or permanent care. The agency's programs and initiatives are geared towards providing these crucial services, ensuring that each child receives the care and attention they deserve.

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Impact




July, 2024

Reach Child Placing Agency has a significant impact on the lives of children in need of foster care and adoption services. Through their dedicated programs, they provide a safe and nurturing environment for children who require placement outside of their biological families. By facilitating adoptions, Reach Child Placing Agency helps create forever families, giving children a stable and loving home environment for their future growth and development. Their work contributes to the well-being of children and strengthens families within the community.




This information is meant to be a general summary of Reach Child Placing Agency. 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
$652,441 (2022)
Expenses
$621,125 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $552,725
  • Gross Receipts: $679,339

Assets and Liabilities:

  • Total Assets: $143,111
  • Total Liabilities: $64,865
  • Net Assets: $78,246

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Programs

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

Foster Care

Revenue

$497,725

Adoption

Revenue

$55,000

Organization Details

Founding Year

2018

Principal Officer

Tammy Pargoud

Main Address

1825 Northridge, Terrell, TX, 75160

NTEE Category

Code: P31 - Human services

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