READ TO A CHILD INC (EIN 203526239) - 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

2005

Legal Domicile

Principal Officer

PAUL LAMOUREUX

Phone

7814895910

Tax Period

2024-10-01 to 2025-09-30

READ TO A CHILD INC, founded in 2005, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024.

Mission

CHILDREN'S LITERACY & MENTORING

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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 $1,440,881

Program Service Revenue $0

Investment Income $81,060

Other Revenue $24,587

TOTAL REVENUE $1,546,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,409,317

Fundraising Expenses $231,863

Program Expenses $1,197,060

Other Expenses $122,314

TOTAL EXPENSES $1,531,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,546,528	$1,546,531	0.0%
Expenses	$1,531,631	$1,479,686	+0.0%
Net Income	$14,897	$66,845	-0.8%

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

1177

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

$155,386

Total Directors

$155,386

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE SOLOMON	CHAIR	2.00	Officer Director	$0	$0	$0
KATHARINE BEATTIE	SECRETARY	2.00	Director	$0	$0	$0
RICHARD WASSERMAN	DIRECTOR	2.00	Director	$0	$0	$0
PAUL LAMOUREUX	CEO	40.00	Officer Director	$142,741	$12,645	$155,386
DAVID WALKER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID BREWER III	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN PAREKH	DIRECTOR	2.00	Director	$0	$0	$0
STEVE THOMPSON	DIRECTOR	2.00	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	$1,546,528	$1,531,631	$1,049,975	$14,897
2024	$1,546,531	$1,479,686	$1,013,686	$66,845
2023	$1,665,524	$1,474,391	$979,260	$191,133
2022	$1,536,709	$1,305,864	$773,901	$230,845
2021	$1,403,928	$1,146,503	$797,301	$257,425
2020	$930,861	$1,225,860	$626,849	$-294,999
2019	$1,328,725	$1,339,178	$634,682	$-10,453
2018	$1,244,996	$1,235,432	$633,196	$9,564

READ TO A CHILD INC