Truly Reaching You Inc
Nonprofit profile at a glance
- EIN
- 753223368
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Akron, OH, USA
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Rehabilitation Services for Offenders
Reported finances
- Revenue
- $2,189,256
- Expenses
- $2,019,612
- Assets
- $1,159,771
- Liabilities
- $414,365
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Perry Clark (President)
Highest reported compensation
- Perry Clark (President): $99,197 total reported compensation
- Steve Wewer (Chief Operating Officer): $87,611 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Truly Reaching You Ministries is a relationship based reentry organization that reaches out to men who have served their sentences and are returning to their communities. Through relationships, mentorship, training and education, TRY provides a healthy support system.
What it reported doing in 2024
Support for men and their families including transitional housing, employment training, and re entry support via outreach programs and a relationship based process that provides a structured family oriented environment.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 86
- Accountability: 76
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75%; rating input score 75
- Program expense ratio: 81.3%; rating input score 81
- Fundraising efficiency: $8.98 raised per $1 spent on fundraising; rating input score 34; 34th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 7th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 21st percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 9.2%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 14.9% per year; rating input score 100; 78th percentile among comparable filings
- Revenue growth: 14.7% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 19% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 75% of revenue deployed · 81.3% of spending went to programs
- Governance: 9 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $99K · 11 people listed
- Consistency: 27 of 28 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 34/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.