REECH Foundation
Legal name: Don Carey Reech Foundation
Nonprofit profile at a glance
- EIN
- 825147099
- IRS 990-EZ coverage
- 2021–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Chesapeake, VA, USA
- Phone
- 2022576749
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $79,573
- Expenses
- $53,716
- Assets
- $76,296
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- LAKEISHA CAREY (EXECUTIVE DIRECTOR)
People named in this filing
- LAKEISHA CAREY (EXECUTIVE DIRECTOR)
- DON CAREY III (CHAIRMAN OF THE BOARD)
- KAREN ROBERTSON (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The REECH Foundation offers a litany of services ranging from Middle School STEM programs to Grant Writing Seminars for Non profits and faith based organizations.
What it reported doing in 2024
Camp supplies and venue for stem camp as well as community event expenses
Operating model
- Revenue model
- Donor-supported. 96% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 39
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 34.2%; rating input score 34
- Program expense ratio: 46.6%; rating input score 47
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 32.5%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -14% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: 16.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 71st percentile among comparable filings
Details
- What they do: 9 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 34.2% of revenue deployed · 46.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $25K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 34/100.
- Moderate — Financial Efficiency: Program expense ratio scored 47/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.