BEducationEIN: 061438889· Ruling Year: 1996

Reach Prep Inc

Stamford, Connecticut

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.39×
Peer Median20.77×
💰
$1.5M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$2.9M
Net Assets
📋
$308K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-21.5%
Year-over-year change (2022 → 2023)
Net Margin
-40.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.39
Net assets divided by total expenses
Liabilities-to-Assets
9.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,501,24622%$2,108,2909%$3,234,54011%
2022$1,913,60421%$1,927,8584%$3,630,6789%
2021$1,585,0346%$2,006,8261%$3,989,6153%
2020$1,694,25716%$2,021,0463%$4,096,4845%
2019$1,464,13665%$2,073,58125%$4,304,11513%
2018$4,197,149251%$1,663,53615%$4,935,45260%
2017$1,194,8342%$1,446,32611%$3,092,1522%
2016$1,222,89139%$1,308,27811%$3,154,0582%
2015$2,017,17026%$1,474,9946%$3,215,11122%
2014$1,597,41113%$1,386,6982%$2,644,6478%
2013$1,417,78510%$1,358,0444%$2,437,6543%
2012$1,290,58415%$1,420,7129%$2,375,2865%
2011$1,512,095$1,297,503$2,505,539

Frequently Asked Questions

What does Reach Prep Inc do?

Reach Prep Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B99 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Reach Prep Inc financially healthy?

Based on our 9-metric Financial Health Score model, Reach Prep Inc has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Reach Prep Inc generate?

Reach Prep Inc reports $1.9M in annual revenue and holds $3.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Education category, or browse all nonprofits in Connecticut.