BRANFORD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READ TO GROW INC, founded in 2000, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $1.3M left a modest 7% surplus.
OUR MISSION IS TO PROMOTE LANGUAGE SKILLS AND LITERACY FOR CHILDREN, BEGINNING AT BIRTH, AND TO SUPPORT FAMILIES AS THEIR BABIES' FIRST TEACHERS. OUR VISION IS THAT EVERY FAMILY WILL APPRECIATE THE CRITICAL IMPORTANCE OF EARLY CHILDHOOD LITERACY AND WILL ENGAGE IN THEIR CHILD'S READING DEVELOPMENT. ALL CHILDREN IN CONNECTICUT WILL HAVE BOOKS OF THEIR OWN.
READ TO GROW, INC. (THE ORGANIZATION") OPERATES THROUGHOUT CONNECTICUT AND HAS GIVEN MORE THAN 2.7 MILLION CHILDREN'S BOOKS IN ITS 24 YEARS OF EDUCATING FAMILIES AND CHILDCARE PROVIDERS ABOUT THE...
READ TO GROW, INC. (THE ORGANIZATION") OPERATES THROUGHOUT CONNECTICUT AND HAS GIVEN MORE THAN 2.7 MILLION CHILDREN'S BOOKS IN ITS 24 YEARS OF EDUCATING FAMILIES AND CHILDCARE PROVIDERS ABOUT THE IMPORTANCE OF DEVELOPING CHILDREN'S LANGUAGE SKILLS AND LITERACY BEGINNING AT BIRTH. EACH YEAR THE ORGANIZATION DISTRIBUTES APPROXIMATELY 100,000 BOOKS THROUGH FOUR PROGRAMS: BOOKS FOR BABIES, BOOKS FOR KIDS, EARLY STEPS TO SCHOOL SUCCESS AND THE BOOKMOBILE. ALONG WITH STAFF, THE ORGANIZATION RELIES ON A CORPS OF REGULAR VOLUNTEERS WHO WORK IN THE OFFICE/WAREHOUSE AND VISIT FAMILIES AT PARTNER HOSPITALS.BOOKS FOR BABIES THIS PROGRAM OPERATES THREE DISTINCT PROJECTS: THE PRENATAL PROJECT, THE NEWBORN PROJECT AND THE NICU PROJECT. THE PRENATAL PROJECT FOCUSES ON DISTRIBUTING FREE CHILDREN'S BOOKS AND INFORMATION ON BRAIN DEVELOPMENT AND LITERACY TO EXPECTING FAMILIES RECEIVING PRENATAL CARE AT NINE COMMUNITY HEALTH CENTERS. THE NEWBORN PROJECT OPERATES IN 15 PARTNER HOSPITALS, GIVING ALL FAMILIES WITH NEWBORNS LITERACY PACKETS THAT INCLUDE BABY BOARD BOOKS AND LITERACY GUIDES WHICH DESCRIBE HOW TO SUPPORT INFANTS' LANGUAGE DEVELOPMENT. FAMILIES WHO REGISTER FOR THE FIRST YEAR PROGRAM ARE MAILED MORE BOOKS AND INFORMATION AT THEIR CHILD'S 3 MONTH AND 1-YEAR MILESTONES. THE NICU PROJECT OPERATES IN FOUR LOCATIONS AND PROVIDES LITERACY INFORMATION AND BOOKS TO PARENTS OF BABIES WHO ARE ADMITTED TO NEONATAL INTENSIVE CARE UNITS.
BOOKS FOR KIDS BOOKS FOR KIDS GIVES MORE THAN 50,000 BOOKS ANNUALLY TO CHILDREN AND FAMILIES ACROSS CONNECTICUT AND TO HUNDREDS OF TEACHERS, DOCTORS' OFFICES, HEALTHCARE AND CHILDCARE PROVIDERS, AND...
BOOKS FOR KIDS BOOKS FOR KIDS GIVES MORE THAN 50,000 BOOKS ANNUALLY TO CHILDREN AND FAMILIES ACROSS CONNECTICUT AND TO HUNDREDS OF TEACHERS, DOCTORS' OFFICES, HEALTHCARE AND CHILDCARE PROVIDERS, AND OTHER NONPROFITS, INCLUDING OTHER LITERACY-FOCUSED AGENCIES AND MAILS BOOKS TO FAMILIES WHO REQUEST BOOKS ONLINE. WHILE THE MAJORITY OF BOOKS IN OUR INVENTORY ARE IN ENGLISH, WE ALSO OFFER A VARIETY OF BOOKS IN BILINGUAL ENGLISH / SPANISH AND HAVE A SMALL NUMBER OF BOOKS AVAILABLE IN 11 OTHER LANGUAGES TO SERVE THE VAST IMMIGRANT POPULATION IN CONNECTICUT.
EARLY STEPS TO SCHOOL SUCCESS ("ESSS") THE ORGANIZATION PARTNERED WITH SAVE THE CHILDREN FROM 2019-2024 TO OFFER ESSS TO FAMILIES IN NEW HAVEN AND BRIDGEPORT. THE PROGRAM HELPED PREPARE CHILDREN FOR...
EARLY STEPS TO SCHOOL SUCCESS ("ESSS") THE ORGANIZATION PARTNERED WITH SAVE THE CHILDREN FROM 2019-2024 TO OFFER ESSS TO FAMILIES IN NEW HAVEN AND BRIDGEPORT. THE PROGRAM HELPED PREPARE CHILDREN FOR SCHOOL SUCCESS THROUGH HOME VISITS, PARENT-CHILD PLAYGROUPS, AND SCHOOL-BASED BOOK DISTRIBUTIONS. IN 2023, SAVE THE CHILDREN INFORMED THE ORGANIZATION THAT IT WOULD BE DISCONTINUING THE ESSS PROGRAM IN URBAN SETTINGS AND THE ORGANIZATION SUNSET THE PROGRAM IN SPRING OF 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,444,347 | $1,629,143 | -0.1% |
| Expenses | $1,344,057 | $1,436,859 | -0.1% |
| Net Income | $100,290 | $192,284 | -0.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFF HARTMANN | CHAIR | 1.40 |
Officer
Director
|
$0 | $0 | $0 |
| DR MONETTE FERGUSON | VICE CHAIR | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| JANE W LEE | TREASURER | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| LORI CHURCH | SECRETARY | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| LISA MAASS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| CARLA M HORWITZ | DIRECTOR | 0.60 |
Director
|
$0 | $0 | $0 |
| JOSHUA A COPEL | DIRECTOR | 0.40 |
Director
|
$0 | $0 | $0 |
| MARY KAY CURTISS | DIRECTOR | 0.70 |
Director
|
$0 | $0 | $0 |
| JENNIFER GROVE FUSCO | DIRECTOR | 0.60 |
Director
|
$0 | $0 | $0 |
| SHERENE MASON | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| JOEL CRUZ | DIRECTOR | 0.40 |
Director
|
$0 | $0 | $0 |
| ANNA REITER | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| BARBARA CLERKIN | DIRECTOR | 0.77 |
Director
|
$0 | $0 | $0 |
| SUZANNAH HOLSENBECK | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$108,148 | $0 | $108,148 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,444,347 | $1,344,057 | $1,807,566 | $100,290 |
| 2023 | $1,629,143 | $1,436,859 | $1,747,209 | $192,284 |
| 2022 | $1,217,263 | $1,428,787 | $1,292,928 | $-211,524 |
| 2021 | $945,038 | $1,269,449 | $1,619,033 | $-324,411 |
| 2020 | $1,176,539 | $1,354,925 | $1,897,893 | $-178,386 |
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