REACH OUT AND READ INC (EIN 043481253) - 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

1999

Legal Domicile

Principal Officer

LYNETTE M FRAGA PHD

Phone

6174550600

Tax Period

2024-07-01 to 2025-06-30

REACH OUT AND READ INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $25.9M in total revenue in fiscal year 2024.

Mission

REACH OUT AND READ GIVES YOUNG CHILDREN A FOUNDATION FOR SUCCESS.

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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 $24,914,923

Program Service Revenue $0

Investment Income $684,057

Other Revenue $314,938

TOTAL REVENUE $25,913,918

Expense Breakdown

Grants Paid $9,747,320

Salaries & Benefits $11,915,362

Fundraising Expenses $2,614,432

Program Expenses $22,090,349

Other Expenses $5,427,597

TOTAL EXPENSES $27,205,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,913,918	$26,788,294	0.0%
Expenses	$27,205,631	$24,059,871	+0.1%
Net Income	$-1,291,713	$2,728,423	-1.5%

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

112

Volunteers

41000

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

$493,577

Total Directors

Key Employees

$451,665

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CALEB KING	DIRECTOR	3.00	Director	$0	$0	$0
CARLY ROBERTS	DIRECTOR	3.00	Director	$0	$0	$0
CLAUDIA ARISTY	DIRECTOR	3.00	Director	$0	$0	$0
CURTIS GRAY	DIRECTOR	3.00	Director	$0	$0	$0
DIPESH NAVSARIA	DIRECTOR	3.00	Director	$0	$0	$0
EVAN KEYSER	TREASURER/SECRETARY	3.00	Officer Director	$0	$0	$0
JORDAN HAVILAND	DIRECTOR	3.00	Director	$0	$0	$0
JUDY NEWMAN	DIRECTOR	3.00	Director	$0	$0	$0
KYU RHEE	DIRECTOR	3.00	Director	$0	$0	$0
LAURA BAILET	VICE CHAIR	3.00	Officer Director	$0	$0	$0
LEORA MOGILNER	DIRECTOR	3.00	Director	$0	$0	$0
MARK DEL MONTE	DIRECTOR	3.00	Director	$0	$0	$0
NATHAN CHOMILO	DIRECTOR	3.00	Director	$0	$0	$0
NIA HEARD-GARRIS	DIRECTOR	3.00	Director	$0	$0	$0
PAUL LEBLANC	DIRECTOR	3.00	Director	$0	$0	$0
PERRI KLASS	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT NEEDLMAN	DIRECTOR	3.00	Director	$0	$0	$0
RUBY X DEY	DIRECTOR	3.00	Director	$0	$0	$0
SHANA HOFFMAN	DIRECTOR	3.00	Director	$0	$0	$0
TERRI MCFADDEN	DIRECTOR	3.00	Director	$0	$0	$0
TIFFANY KUEHNER	DIRECTOR	3.00	Director	$0	$0	$0
TRUDE HAECKER	CHAIR	3.00	Officer Director	$0	$0	$0
ERIN HENRY	CHIEF DEV. OFF/INT CEO(AS OF 3/25)	40.00	Officer	$173,213	$8,391	$181,604
MARTY MARTINEZ	CEO/PRESIDENT/CLERK (UNTIL 3/25)	40.00	Officer	$298,341	$13,632	$311,973
ALEXANDER CHU	REGIONAL EXECUTIVE DIRECTOR	40.00	Key Emp	$183,567	$25,247	$208,814
CALLEE BOULWARE	REGIONAL EXECUTIVE DIRECTOR	40.00	Key Emp	$208,069	$34,782	$242,851
AMY ERICKSON	REGIONAL EXECUTIVE DIRECTOR	40.00	Highest	$180,048	$28,094	$208,142
ARTAVIA BERRY	REGIONAL EXECUTIVE DIRECTOR	40.00	Highest	$146,761	$25,508	$172,269
JESSICA MORTENSEN	REGIONAL EXECUTIVE DIRECTOR	40.00	Highest	$174,426	$8,618	$183,044
LAMBRINA KLESS	CHIEF OPERATING OFFICER	40.00	Highest	$183,237	$22,206	$205,443
NICOLA SHEARMAN	CHIEF OF RESEARCH AND INNO	40.00	Highest	$150,758	$24,040	$174,798

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	$25,913,918	$27,205,631	$28,848,871	$-1,291,713
2024	$26,788,294	$24,059,871	$29,204,409	$2,728,423
2023	$29,240,666	$18,335,910	$25,494,364	$10,904,756
2022	$20,574,127	$15,131,804	$15,002,174	$5,442,323
2021	$15,173,728	$12,619,134	$10,124,014	$2,554,594
2020	$12,188,547	$12,372,941	$7,067,132	$-184,394
2019	$11,577,475	$12,794,400	$6,347,528	$-1,216,925
2018	$14,666,473	$13,447,356	$7,517,877	$1,219,117

REACH OUT AND READ INC