NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READ AHEAD INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.9M in total revenue in fiscal year 2023.
READ AHEAD IS DEDICATED TO HELPING NEW YORK CITY YOUTH STRENGTHEN THE LITERACY AND SOCIAL-EMOTIONAL SKILLS THEY NEED TO THRIVE IN SCHOOL AND BEYOND. SINCE 1991, READ AHEAD HAS CONNECTED PUBLIC ELEMENTARY SCHOOL STUDENTS WITH CARING MENTORS FROM LEADING CORPORATE AND COMMUNITY PARTNERS. DURING WEEKLY VIRTUAL SESSIONS, MENTORS AND MENTEES READ TOGETHER, DISCUSS BOOKS AND THEIR LIVES, AND ENGAGE IN FUN AND EDUCATIONAL GAMES AND ACTIVITIES. READ AHEAD SESSIONS ARE DESIGNED TO HELP CHILDREN GROW THEIR CONFIDENCE, LOVE OF READING, LITERACY SKILLS, AND OTHER SKILLS ESSENTIAL FOR SUCCESS.
READ AHEAD IS PROUD TO HAVE DELIVERED A HIGH-QUALITY READING-BASED MENTORING PROGRAM WEEKLY FROM OCTOBER 2023 - MAY 2024. OUR PROGRAM SERVED 640 1ST - 5TH GRADE STUDENTS ACROSS 8 PUBLIC ELEMENTARY...
READ AHEAD IS PROUD TO HAVE DELIVERED A HIGH-QUALITY READING-BASED MENTORING PROGRAM WEEKLY FROM OCTOBER 2023 - MAY 2024. OUR PROGRAM SERVED 640 1ST - 5TH GRADE STUDENTS ACROSS 8 PUBLIC ELEMENTARY SCHOOLS IN NEW YORK CITY WHERE THE MAJORITY OF STUDENTS ARE CHALLENGED BY POVERTY. WE ENGAGED OVER 1,000 VOLUNTEER MENTORS FROM 35 CORPORATE AND COMMUNITY PARTNERS WHO SUPPORTED STUDENTS TO DEVELOP LITERACY AND SOCIAL-EMOTIONAL SKILLS DURING WEEKLY READ AHEAD SESSIONS.DURING OVER 1,400 SESSIONS THROUGHOUT THE YEAR, READ AHEAD STUDENTS READ OVER 5,000 BOOKS WITH THEIR MENTORS. READ AHEAD ALSO SUCCESSFULLY PILOTED LEXIA CORE5 WITH 185 MENTOR-MENTEE PAIRS AT 3 SCHOOLS. LEXIA IS AN ADAPTIVE, PERSONALIZED READING PROGRAM THAT HELPS STUDENTS BUILD LITERACY SKILLS WITH A SPECIFIC FOCUS ON PHONOLOGICAL AWARENESS, PHONICS, STRUCTURAL ANALYSIS, FLUENCY, VOCABULARY, AND COMPREHENSION. 95% OF EDUCATORS AND CAREGIVERS INDICATED THAT THEIR STUDENT(S) BENEFITTED FROM READ AHEAD. LOVE OF READING, SELF-CONFIDENCE IN READING, AND READING ABILITY WERE AMONG THE TOP ACADEMIC BENEFITS THEY IDENTIFIED. PROGRAM ATTENDANCE FOR VOLUNTEERS AND STUDENTS (A MEASURE OF PROGRAM ENGAGEMENT) WAS 90% OVER THE COURSE OF THE YEAR. READ AHEAD ALSO HELD IN-PERSON SESSIONS FOR MENTORS AND STUDENTS IN BOTH FEBRUARY AND MAY 2024.IN MAY 2024, READ AHEAD HELD ITS ANNUAL BOOKS & BEYOND GALA. OVER 300 GUESTS GATHERED TO RAISE CRITICAL FUNDS AND HONOR OUR LONGTIME PARTNER, MORGAN LEWIS, AND CELEBRATE A TEAM OF EDUCATORS FROM PS 1 IN MANHATTAN.
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 | $1,888,786 | $1,915,316 | 0.0% |
| Expenses | $1,966,512 | $1,859,066 | +0.1% |
| Net Income | $-77,726 | $56,250 | -2.4% |
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 |
|---|---|---|---|---|---|---|
| NICK JEAN-BAPTISTE | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT RYAN | BOARD VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SEAN FITZGERALD | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIN CHUN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE NORTH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| BRIAN NEWMAN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER PACI | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ERIC RUTKOSKE | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| INOKI SUAREZ | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JINYOUNG JOO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN GIOUROUKAKIS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN J SMITH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JULIE ALLEN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MELISSA LEWIN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KRISTIN ZIMMERMAN-SORIO | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| LARS MUNSON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| NED RUSSELL | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| PAMELA COGUT-WEINSTEIN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SANDRA HAAS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SETH MARTIN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MARTA PEREZ | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| AYESHA FAROOQI | FORMER DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ROBERT ABEL | FORMER DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KRISTEN BALDWIN | FORMER EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$149,429 | $15,955 | $165,384 |
| ARIEL GRACE | MANAGING DIRECTOR | 40.00 |
Highest
|
$131,764 | $15,445 | $147,209 |
| EVELYN CANELA-GARCIA | SENIOR DIRECTOR, PROGRAM & IMPACT | 40.00 |
Highest
|
$107,654 | $14,702 | $122,356 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,888,786 | $1,966,512 | $1,788,830 | $-77,726 |
| 2023 | $1,915,316 | $1,859,066 | $2,072,773 | $56,250 |
| 2022 | $1,784,961 | $1,727,925 | $1,343,072 | $57,036 |
| 2021 | $1,955,834 | $1,741,468 | $1,265,848 | $214,366 |
| 2020 | $1,569,537 | $1,518,084 | $1,223,568 | $51,453 |
| 2019 | $1,399,583 | $1,357,931 | $999,217 | $41,652 |
| 2018 | $1,350,055 | $1,270,090 | $917,751 | $79,965 |
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