H READ INC (EIN 042725454) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

JEANNE FALLON

Phone

5083394111

Tax Period

2024-07-01 to 2025-06-30

H READ INC, founded in 1980, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 9% surplus.

Mission

CHILD CARE SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $301,327

Program Service Revenue $2,797,948

Investment Income $67,036

Other Revenue $2,898

TOTAL REVENUE $3,169,209

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,338,973

Fundraising Expenses $0

Program Expenses $2,641,740

Other Expenses $557,488

TOTAL EXPENSES $2,896,461

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,169,209	$2,905,995	+0.1%
Expenses	$2,896,461	$2,689,650	+0.1%
Net Income	$272,748	$216,345	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$306,362

Total Directors

$306,362

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNE FALLON	PRESIDENT	40.00	Officer Director	$109,700	$0	$109,700
KEVIN J FALLON	VICE PRESIDE	40.00	Officer Director	$109,700	$0	$109,700
ASHLEY FALLON	TREASURER/CL	40.00	Officer Director	$86,962	$0	$86,962
CAROLYN E LIEBERTHAL	DIRECTOR	N/A	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$3,169,209	$2,896,461	$2,564,107	$272,748
2024	$2,905,995	$2,689,650	$2,281,346	$216,345
2023	$2,777,818	$2,406,073	$2,052,156	$371,745
2022	$2,858,684	$2,161,919	$1,664,091	$696,765
2021	$2,338,583	$1,891,225	$1,219,855	$447,358
2020	$1,667,771	$1,817,162	$785,431	$-149,391
2019	$1,954,633	$1,810,796	$675,655	$143,837

H READ INC