Education (B29) IRS Verified DX Registered 990 on File

REACH LEADERSHIP ACADEMY

EIN: 45-2332094 · RIVERSIDE, CA 92508-6039 · United States · FY 2023 Data

3 out of 5 56 / 100 Based on 2+ years of filings

Financial strength (30%) 79/100

Reliability (20%) 50/100

Effectiveness (25%) 88/100

Impact (25%) No data yet

Financial data: FY 2023 · Scored 9/13/2026

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Mission Statement

REACH Leadership STEAM Academy is a college preparatory elementary school which is dedicated to bridging the socioeconomic, racial, and digital divide for underserved youth. Our dedicated and highly trained teaching staff is committed to preparing our students for success in college and equipping them to meet the demands of a global society. We are committed to developing confident, articulate leaders who will use their life experiences and education to create positive changes in their own lives and within their communities and beyond. Central to our mission is the unwavering belief that if given the proper tools, all students can succeed in school and in the most competitive colleges and universities. REACH believes that all students must be prepared for higher education and equipped with the skills and the choice to pursue it at the highest levels.

Financial Overview — FY 2023

$9.3M

Total Revenue

$9.2M

Total Expenses

$2.6M

Net Assets

118

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.2%

Fundraising Efficiency N/A

Operating Reserve 3.33x

Liability-to-Asset 60.4%

Revenue Diversification 100.0%

Executive Compensation $261K

Compared with Peers

FY 2023

Compared with 11,226 similar organizations (United States, Education, $1M–$10M in expenses), FY 2023.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.2%	84.5%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	10.8%	13.0%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	1.0%	0.0%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	3.3 mo	8.6 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	60.4%	23.0%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	100.0%	90.7%	P10P90	Bottom quarter
Revenue growth Year over year revenue growth	4.1%	7.5%	P10P90
Expense growth Year over year expense growth	6.3%	11.6%	P10P90
Surplus margin Surplus as a share of revenue	1.0%	3.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2023	$9.3M	$9.2M	$2.6M	88.2%	118
2022	$8.9M	$8.7M	$2.5M	82.1%	100
2021	$8.0M	$7.3M	N/A	—	98

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Organization Details

EIN: 45-2332094
State: CA
City: RIVERSIDE
ZIP: 92508-6039
Classification: B29
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 2012
Foundation Code: 11
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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