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Nonprofit · EIN 42-1349210

REACH FOR YOUR POTENTIAL INC

Tax-exempt · IOWA CITY, IA 52240

Financials

$10.7M$10.7M2023$10.9M$10.9M2024
Revenue Expenses · by fiscal year end
Financials of REACH FOR YOUR POTENTIAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,921,342$10,911,616$9,726$9,472,658$3,504,893$5,967,765
June 30, 2024990$10,748,420$10,675,956$72,464$8,512,739$2,554,700$5,958,039
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$16,728
Program service revenue
$10,741,650
Investment income
$108,845
Net gain from sales of assets
$1,879
Other revenue
$54,119

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$185,846
Other salaries and wages
$7,222,442
Salaries, compensation and benefits (total)
$8,832,737
Professional fundraising fees
$0
Legal fees
$11,980
Accounting fees
$48,093
Occupancy
$528,510
Travel
$127,819
Depreciation
$341,495
Program services (functional)
$9,096,581
Management and general (functional)
$1,815,035

Balance sheet and other

Total assets, start of year
$8,512,739
Total assets, end of year
$9,472,658
Total liabilities, end of year
$3,504,893
Net assets, end of year
$5,967,765
Land, buildings and equipment
$4,767,957
Net assets without donor restrictions
$5,967,765
Gross receipts
$10,940,326
Employees
166
Volunteers
7
Year formed
1990
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
STACI HUMISTONEXECUTIVE DI
Officer
50$170,685$9,875
RANDY MCDONOUGHDIRECTOR
Trustee or director
1$0$0
MARY RUTHDIRECTOR
Trustee or director
1$0$0
CARMINE SCARPADIRECTOR
Trustee or director
1$0$0
CRAIG SCHROEDERCHAIRPERSON
Trustee or director, Officer
1$0$0
ELDON SNYDERDIRECTOR
Trustee or director
1$0$0
BARB THOMASSECRETARY
Trustee or director, Officer
1$0$0
MARK ZAIGERDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensationOther / benefits
STACI HUMISTONEXECUTIVE DI
Officer
50$161,785$11,606
RANDY MCDONOUGHDIRECTOR
Trustee or director
1$0$0
MARY RUTHDIRECTOR
Trustee or director
1$0$0
CARMINE SCARPADIRECTOR
Trustee or director
1$0$0
CRAIG SCHROEDERCHAIRPERSON
Trustee or director, Officer
1$0$0
ELDON SNYDERDIRECTOR
Trustee or director
1$0$0
BARB THOMASSECRETARY
Trustee or director, Officer
1$0$0
MARK ZAIGERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1705 S 1ST AVE STE I, IOWA CITY, IA 52240-6037
In care of
% RONALD L SCHIEFFER
Principal officer (990 for 2024)
STACI HUMISTON, 1705 S 1ST AVE SUITE I, IOWA CITY, IA 52240
Signed the 990
STACI HUMISTON, EXECUTIVE DIRECTOR
Phone
(319) 354-2983
Return prepared by
FORGE FINANCIAL & MANAGEMENT CONSULTING

Mission

REACH FOR YOUR POTENTIAL, INC IS A PROVIDER OF ADULT DAYCARE SERVICES AND REHABILITATION/HOUSING OF DISABLED INDIVIDUALS SERVING APPROXIMATELY 135 INDIVIDUALS FROM IOWA CITY AND THE SURROUNDING COMMUNITIES.

990 for the year ended June 30, 2025

Program accomplishments

  • DAILY RESIDENTIAL SERVICES ARE DESIGNED TO FULLY SUPPORT THE NEEDS OF EACH PERSON, AS WELL AS TO ASSIST THEM IN ACHIEVING THEIR HOPES AND DREAMS. DAILY SERVICES INCLUDING ROUND-THE-CLOCK CARE ARE PROVIDED IN PRIVATE RESIDENCES.
    Expenses $8,291,546 · revenue $9,933,348
  • THE DAY HABILITATION SERVICES PROVIDE DAYTIME SUPPORT AND SUPERVISION, AND INCLUDE FIELD TRIPS AND RECREATIONAL ACTIVITIES.
    Expenses $491,926 · revenue $303,307
  • HOURLY RESIDENTIAL SERVICES ARE TARGETED TO ASSIST WITH SPECIFIC NEEDS. THEY ARE DESIGNED TO TEACH DAILY LIVING SKILLS, SUCH AS COOKING, MONEY MANAGEMENT, AND TO ASSIST INDIVIDUALS IN ACHIEVING THEIR GOALS FOR GREATER INDEPENDANCE.
    Expenses $313,109 · revenue $504,995

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1349210
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,472,658
Income (IRS master file)
$10,940,326

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024$10,748,420$10,675,956$8,512,739IRS
990June 2023$10,234,083$9,687,534$7,920,981IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about REACH FOR YOUR POTENTIAL INC

What is the EIN of REACH FOR YOUR POTENTIAL INC?
The employer identification number (EIN) of REACH FOR YOUR POTENTIAL INC is 42-1349210.
Is REACH FOR YOUR POTENTIAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to REACH FOR YOUR POTENTIAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does REACH FOR YOUR POTENTIAL INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of REACH FOR YOUR POTENTIAL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REACH FOR YOUR POTENTIAL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of REACH FOR YOUR POTENTIAL INC?
The 990 for the year ended June 30, 2025 names STACI HUMISTON.
Who are the officers and directors of REACH FOR YOUR POTENTIAL INC?
The 990 for the year ended June 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $170,685 (STACI HUMISTON, EXECUTIVE DI).
How much revenue does REACH FOR YOUR POTENTIAL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,921,342, expenses of $10,911,616 and total assets of $9,472,658 at year end.

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