READING EDUCATION FOUNDATION (EIN 205429225) - 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

2021

Legal Domicile

Principal Officer

DR MELISSA JAMULA

Phone

4847979692

Tax Period

2024-07-01 to 2025-06-30

READING EDUCATION FOUNDATION, founded in 2021, is a small nonprofit that reported $267K in total revenue in fiscal year 2024. The organization ran a surplus of $70K, a strong 26% operating margin.

Mission

THE FOUNDATION IS AN INDEPENDENT NONPROFIT ORGANIZATION PURPOSED AND DEDICATED TO EXPANDING THE EDUCATIONAL EXPERIENCE OF ALL READING SCHOOL DISTRICT STUDENTS BY HARNESSING SUPPORT FROM COMMUNITY PARTNERS AND STAKEHOLDERS WHILE GUIDED BY THE DISTRICT'S COMMITMENT TO EQUITY AND INCLUSION.

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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 $227,850

Program Service Revenue $0

Investment Income $16,084

Other Revenue $23,218

TOTAL REVENUE $267,152

Expense Breakdown

Grants Paid $23,878

Salaries & Benefits $57,898

Fundraising Expenses $35,739

Program Expenses $133,494

Other Expenses $115,786

TOTAL EXPENSES $197,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,152	$250,267	+0.1%
Expenses	$197,562	$80,369	+1.5%
Net Income	$69,590	$169,898	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR MELISSA JAMULA	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS KRARAS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DR ELLIOT LEISAWITZ	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERTO SANCHEZ	TREASURER	2.00	Officer Director	$0	$0	$0
JOSEPH BIALEK	DIRECTOR	1.00	Director	$0	$0	$0
SANTINA CONNORS	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY DARLINGTON	DIRECTOR	1.00	Director	$0	$0	$0
DR JOHN DETHOFF	DIRECTOR	1.00	Director	$0	$0	$0
ANGEL HELM	DIRECTOR	1.00	Director	$0	$0	$0
STU JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSE MIRANDA	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE TAVARES	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL TOLEDO	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA WEISS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA LAW	DIRECTOR	1.00	Director	$0	$0	$0
DR BENJAMIN WATTS	DIRECTOR	1.00	Director	$0	$0	$0
SHARON SANTONI	DIRECTOR	1.00	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	$267,152	$197,562	$542,701	$69,590
2024	$250,267	$80,369	$473,111	$169,898
2023	$214,151	$94,662	$303,213	$119,489
2022	$154,366	$11,014	$183,724	$143,352

READING EDUCATION FOUNDATION