THE READING INSTITUTE INC

EIN: 043462889 501(c)(3) Education

WILLIAMSTOWN, MA

Total Revenue
$42,632
Total Expenses
$31,507
Total Assets
$30,841
Net Assets
$30,841
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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
1999
Legal Domicile
MA
Principal Officer
JANET J STRATTON
Phone
4134589995
Tax Period
2020-01-01 to 2020-12-31

THE READING INSTITUTE INC, founded in 1999, is a micro nonprofit in the Education sector that reported $43K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $11K, a strong 26% operating margin.

Mission

THE READING INSTITUTE TRAINS TEACHERS IN SCIENTIFICALLY RESEARCH - BASED INSTRUCTION IN READING AND WRITING SKILLS THROUGH WORKSHOPS, LECTURES, AND A GRADUATE PROGRAM.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $42,595
Investment Income $37
Other Revenue $0
TOTAL REVENUE $42,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,915
Other Expenses $31,507
TOTAL EXPENSES $31,507

Year-over-Year Comparison

2020 2019 Change
Revenue $42,632 $92,526 -0.5%
Expenses $31,507 $76,033 -0.6%
Net Income $11,125 $16,493 -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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANET J STRATTON DIRECTOR 1.00
Director
$0 $0 $0
JILL POMPI DIRECTOR 1.00
Director
$0 $0 $0
JANET J STRATTON PRESIDENT 1.00
Officer
$0 $0 $0
JANET J STRATTON TREASURER 1.00
Officer
$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
2020 $42,632 $31,507 $30,841 $11,125
2019 $92,526 $76,033 $22,246 $16,493
2018 $73,536 $120,168 $5,971 $-46,632
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