California · Nonprofit
HOURGLASS PROJECT DBA REACH
HOURGLASS PROJECT DBA REACH (California) receives grants from 6 organizations whose IRS filings report $813,354 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($450,000). 2 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $4.2M
- Funders on record
- 6
- Grants received
- $813k
- Net assets
- $3.7M
What Hourglass Project Dba Reach does
Mission
We are a coalition of business and civic leaders who have come together to form a region-wide economic development action tank to create high quality jobs throughout the central coast super region. Our goal is to foster a more prosperous economy that works better for all.
As stated on its FY2025 Form 990.
Program
We bring industry together to solve problems and advocate for industry and job growth, and for the things that enable them (roads, housing, water, education, etc.). We analyze and assess economic conditions, challenges and opportunities and co-create strategic priorities with the private sector, supported by government, community leaders and education.
$1,589,545 spent100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,589,545.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.0M to $3.9M (+99%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2019 32% · 2020 38% · 2021 32% · 2022 35% · 2023 56% · 2024 60% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.
99% of HOURGLASS PROJECT DBA REACH’s revenue is contributions — more reliant on donations than three-quarters of its peers (16% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Melissa James
President & CEO
Board chair
Kevin Davis
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 2 funders, grant income fell $110k → $58k.
5 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 74% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HOURGLASS PROJECT DBA REACH’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HOURGLASS PROJECT DBA REACH leans on a few funders — its largest provides 55% of grant income and the top three 93%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
74% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOURGLASS PROJECT DBA REACH.
Largest funder’s share by year: 2020 91% · 2021 53% · 2022 85% · 2023 87% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
74% of HOURGLASS PROJECT DBA REACH's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $210k that is directly attributable, 100% of it comes from funders outside California, across 1 state.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $603k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HOURGLASS PROJECT DBA REACH runs a healthier operating margin than three-quarters of the 1,012 employment nonprofits its size.
this organization peer median middle 50% of peers· 1,012 employment nonprofits $1M–$10M, FY2025
Government funding HOURGLASS PROJECT DBA REACH receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $450k on record.
- Department of Commerce$450k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like HOURGLASS PROJECT DBA REACH
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
72% of spending goes to programs.
Governance
Public support
78%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for HOURGLASS PROJECT DBA REACH: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HOURGLASS PROJECT DBA REACH?
- HOURGLASS PROJECT DBA REACH (California) receives grants from 6 organizations whose IRS filings report $813,354 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($450,000). 2 of them have funded it in more than one year, and 74% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HOURGLASS PROJECT DBA REACH have?
- IRS filings report 6 organizations giving $813,354 in grants to HOURGLASS PROJECT DBA REACH, 2 of which have funded it in more than one year.
- Who is the largest funder of HOURGLASS PROJECT DBA REACH?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $450,000 in grants. The full list of funders is on this page.
- How can an organization like HOURGLASS PROJECT DBA REACH find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Hourglass Project Dba Reach →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2019–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing