Reach Cyber Charter School
Reach Cyber Charter School reported $120.8 million in revenue and $114.8 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.75 went to program services, $5.25 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.9% of the total. The highest compensation it reported for one person was $306,994 (CEO). 11 people received more than $100,000 in reportable compensation. Revenue rose 119% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $115MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $121MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.2% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 4.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.9% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 91.9% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $306,994 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.27% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 11 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 8.9 | 13.3 |
| Independent voting board members Part VI 1a–1b | 8 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 40.00 hrs/week | $306,994 | $0 | $0 | $306,994 |
| COO Officer, 40.00 hrs/week | $218,692 | $0 | $0 | $218,692 |
| CHIEF ACADEMIC OFFICER Officer, 40.00 hrs/week | $215,934 | $0 | $0 | $215,934 |
| DIRECTOR OF TEACHING AND L Highest compensated employee, 40.00 hrs/week | $182,469 | $0 | $0 | $182,469 |
| DIRECTOR OF CAREER READINE Highest compensated employee, 40.00 hrs/week | $180,525 | $0 | $0 | $180,525 |
| DIR. OF SPECIAL EDUCATION Highest compensated employee, 40.00 hrs/week | $169,978 | $0 | $0 | $169,978 |
| CFO Officer, 40.00 hrs/week | $169,562 | $0 | $0 | $169,562 |
| HIGH SCHOOL PRINCIPAL Highest compensated employee, 1.00 hrs/week | $156,769 | $0 | $0 | $156,769 |
11 people received more than $100,000 in reportable compensation from Reach Cyber Charter School (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.8M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 8 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5921
- Volunteers Part I, line 68
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| GTHANKYOU LLC Food | $3,767,524 |
| GDC IT SOLUTIONS It services | $3,101,877 |
| CRANE COMMUNICATIONS INC Digital media campaign | $2,495,347 |
| LOGISTICS PLUS INC Supply chain services | $2,251,641 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Reach Cyber Charter School totaling $49 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Reach Cyber Charter School's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Reach Cyber Charter School, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Reach Cyber Charter School spent in FY2025, $94.75 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Luther CollegeDecorah, IA · revenue $121M · programs 88.9% · FY2025
- LSU FoundationBaton Rouge, LA · revenue $121M · programs 79.4% · FY2025
- Alvernia UniversityReading, PA · revenue $121M · programs 84.7% · FY2025
- Bridgeprep AcademyMiami, FL · revenue $121M · programs 87.1% · FY2025
- Maryland InstituteBaltimore, MD · revenue $121M · programs 87.9% · FY2025
Questions people ask
How much of Reach Cyber Charter School's spending goes to programs?
In the fiscal year ending June 30, 2025, Reach Cyber Charter School reported that 94.8% of its $114.8 million in expenses went to program services, 5.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Reach Cyber Charter School pay its top executive?
The largest total compensation Reach Cyber Charter School reported for one person in the fiscal year ending June 30, 2025 was $306,994, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Reach Cyber Charter School get its money?
Of $120.8 million in revenue in the fiscal year ending June 30, 2025, 4.9% came from contributions and grants (including 4.9% from government grants) and 91.9% from program service revenue (Form 990, Part VIII).
Is Reach Cyber Charter School a registered charity?
The IRS lists EIN 47-4968734 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349307925 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511359349304346 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349306599 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301319349302655 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349302078 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141379349311109 · read the filing
All filings for EIN 47-4968734: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.