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Virginia · Nonprofit

REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)

REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) (Virginia) receives grants from 19 organizations whose IRS filings report $660,261 to it, the largest being United Way of South Hampton Roads ($303,742). 10 of them have funded it in more than one year.

Revenue FY2025
$1.2M
Funders on record
19
Grants received
$660k
Net assets
$11k
10/19 repeat funderspeak grant-dependency 21%
01What it does

What Reach Foundation Inc (Reach Enriches All Children) does

Mission

The mission of reach, inc. (reading enriches all children) is to promote literacy for children who are at-risk and homeless throughout coastal virginia.

As stated on its FY2025 Form 990.

Programs

  1. The big free bookstore: imagine a place where the joy of reading is accessible to everyone, where the shelves are stocked with a treasure trove of stories waiting to be discovered. The big free bookstore is exactly that - a welcoming space offering high-quality, new, and gently used books, with a special focus on children's literature, yet providing resources for every family member. Our bookstore is more than just a collection of books; it's a vibrant community hub. With resources spanning all ages, we ensure that the joy of literary exploration is a shared family experience. From the enchanting world of children's fairy tales to the thought-provoking realms of adult fiction and non-fiction, there's something for everyone.

    $396,828 spent
    35% of program spending
  2. Bulk book distribution: in our quest to make literacy accessible to all, the bulk book distribution program by reach plays a pivotal role. We understand that the power of a book extends far beyond its pages, and our mission is to ensure that this power reaches as many hands as possible. We work closely with a network of partner agencies in the area, providing them with new books at little to no cost. These agencies and programs, which qualify based on their commitment to literacy and community service, become conduits for spreading knowledge and joy through books.

    $680,276 spent
    60% of program spending
  3. Growing readers program: in a world where education is the cornerstone of opportunity, our "growing readers" program stands as a testament to the power of shared knowledge and community spirit. This initiative is dedicated to distributing gently donated used books, completely free of charge, to children, families, and agencies, fostering a culture of literacy and learning in communities that need it most.

    $56,690 spent
    5% of program spending
  4. Family literacy kits: the first five years of a child's life are crucial for their development, laying the groundwork for future learning and success. Our family literacy kits program is dedicated to supporting families with children aged zero to five who are enrolled in home visitation programs. We believe that every child, regardless of their background, deserves the joy and benefits of early literacy. Rap sessions (read aloud program): at the heart of our community's future are its children, especially those facing the toughest of life's challenges. Our read aloud program (rap) is empowers children and their families through stories, geared towards children aged 6 to 12. This program isn't just about reading stories; it's about opening doors to new worlds and possibilities sessions can take place anywhere, and typically occur inside the big free bookstore, local community events, and area homeless and domestic violence shelters. School house rockin' teacher resource program: sessions are conducted weekly, bi-monthly, or monthly, read-aloud sessions take place at 11 shelters and through 16 community initiatives across coastal virginia to help children build stronger academic…

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,133,794.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.

100 = 20172017 Revenue 100 ($199k) Expenses 100 ($201k) Net assets 100 ($105k)2018 Revenue 161 ($321k) Expenses 113 ($227k) Net assets 189 ($199k)2019 Revenue 241 ($479k) Expenses 248 ($499k) Net assets 40 ($42k)2020 Revenue 229 ($456k) Expenses 245 ($493k) Net assets 6 ($6k)2021 Revenue 337 ($670k) Expenses 329 ($660k) Net assets 15 ($16k)2022 Revenue 939 ($1.9M) Expenses 955 ($1.9M) Net assets -34 ($-35618)2023 Revenue 709 ($1.4M) Expenses 664 ($1.3M) Net assets 37 ($39k)2024 Revenue 1002 ($2.0M) Expenses 1012 ($2.0M) Net assets -3 ($-3519)2025 Revenue 591 ($1.2M) Expenses 578 ($1.2M) Net assets 11 ($11k)
'17'18'19'20'21'22'23'24'25
Revenue (591)Expenses (578)Net assets (11)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $512k to $1.6M (+203%).

$111k
$199k
$288k
$386k
$512k
$1.6M
$2.0M
$1.9M
$2.1M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 3% · 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

82% of REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$2k
’17
$94k
’18
−$20k
’19
−$36k
’20
$10k
’21
−$51k
’22
$75k
’23
−$42k
’24
$15k
’25
2.6
months of
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.

'18'19'20'21'22'23'24'25
Listed101211131010109
Joined·+4+2+6+2+0+3+0
No longer listed·2345031
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 8 funders, grant income rose $41k → $67k.

2 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)’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

REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) leans on a few funders — its largest provides 46% of grant income and the top three 71%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

66% 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 REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN).

46%
largest funder
71%
top three
~4
effective funders

Largest funder’s share by year: 2017 50% · 2018 72% · 2019 83% · 2020 35% · 2021 47% · 2022 62% · 2023 30% — 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.

How long its funders stay

44% of REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)'s funders are still giving 3 years after their first grant; 53% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

95% of REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)'s grant income comes from Virginia funders.

MI
SD
CA
MO
VA
DE
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $21k arriving through sponsors registered in 2 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.

04Its place in the field

Against its field

REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) has grown faster than three-quarters of the 9,398 education nonprofits its size.

Operating margin1% · below the median
Months of reserve2.6mo · below the median
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)

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 Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

98% of spending goes to programs.

Program 98%Management 2%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Screen this organization

A dated, signed PDF of the compliance screen for REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN): 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)?
REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) (Virginia) receives grants from 19 organizations whose IRS filings report $660,261 to it, the largest being United Way of South Hampton Roads ($303,742). 10 of them have funded it in more than one year.
How many funders does REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) have?
IRS filings report 19 organizations giving $660,261 in grants to REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN), 10 of which have funded it in more than one year.
Who is the largest funder of REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN)?
United Way of South Hampton Roads is the largest funder on record, with $303,742 in grants. The full list of funders is on this page.
How can an organization like REACH FOUNDATION INC (REACH ENRICHES ALL CHILDREN) find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 Reach Foundation Inc (Reach Enriches All Children) →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 19 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