READERS ARE LEADERS

EIN: 205628965 501(c)(3) Youth Development

HERNDON, VA

Total Revenue
$54,749
Total Expenses
$96,289
Total Assets
$147,360
Net Assets
$147,360
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
VA
Principal Officer
WENDELL BYRD
Phone
7037957035
Tax Period
2025-01-01 to 2025-12-31

READERS ARE LEADERS, founded in 2006, is a micro nonprofit in the Youth Development sector that reported $55K in total revenue in fiscal year 2025. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 76% operating deficit.

Mission

TO PROVIDE ELEMENTARY SCHOOL STUDENTS WITH NEEDED READING STRATEGIES AND LEARNING OPPORTUNITIES NECESSARY TO SUCCEED. ALSO, TO PROVIDE HIGH SCHOOL STUDENTS WITH THE OPPORTUNITIES, STRATEGIES AND LEARNING TO PROMOTE THEIR DEVELOPMENT AS ROLE MODELS WITHIN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $76,263 Revenue: $77,435

THE ORGANIZATION PROVIDES TO ELEMENTARY SCHOOL STUDENTS NECESSARY READING & REVIEW STRATEGIES AND LEARNING OPPORTUNITIES TO SUCCEED. SUCH STRATEGIES PROVIDED WERE TEACHING PHONICS WITH LITERATURE...

Read more

THE ORGANIZATION PROVIDES TO ELEMENTARY SCHOOL STUDENTS NECESSARY READING & REVIEW STRATEGIES AND LEARNING OPPORTUNITIES TO SUCCEED. SUCH STRATEGIES PROVIDED WERE TEACHING PHONICS WITH LITERATURE, INCREASED TIME ON READING, REINFORCED SKILLS TAUGHT AT SCHOOL, REREAD MATERIAL AS NEEDED, MAKE CONNECTIONS AND ACTIVATE VISUAL CLUES AND BACKGROUND KNOWLEDGE, TEACHING STUDENTS TO SELF-MONITOR FOR UNDERSTANDING AND WHEN READING FINDING THE MAIN IDEA OF A STORY AND MAKING INFERENCE TO WHAT WAS READ. STUDENTS ALSO RECEIVED THE BENEFIT OF SOCIAL GOALS, WHICH ARE TO BOOST SELF-CONFIDENCE AND DEVELOP FRIENDSHIPS. CONTINUED BELOW

Program 2

THE ORGANIZATION PROVIDES TO HIGH SCHOOL STUDENTS OPPORTUNITIES TO BOOST SELF-CONFIDENCE, DEVELOP FRIENDSHIPS, TO BE A POSITIVE ROLE MODEL AND GIVING BACK TO THE COMMUNITY. THE PROGRAM FOSTERS AND...

Read more

THE ORGANIZATION PROVIDES TO HIGH SCHOOL STUDENTS OPPORTUNITIES TO BOOST SELF-CONFIDENCE, DEVELOP FRIENDSHIPS, TO BE A POSITIVE ROLE MODEL AND GIVING BACK TO THE COMMUNITY. THE PROGRAM FOSTERS AND GENERATES OPPORTUNITIES FOR THESE HIGH SCHOOL STUDENTS TO GROW INDIVIDUALLY AND SOCIALLY. THE PROGRAM PROVIDES A VEHICLE ENABLING OUR STUDENT ATHLETES TO HAVE A BETTER UNDERSTANDING OF THEMSELVES AND THEIR RESPONSIBILITY TO COMMUNITY NEEDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $77,435
Program Service Revenue $0
Investment Income $1,928
Other Revenue $-24,614
TOTAL REVENUE $54,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,000
Fundraising Expenses $0
Program Expenses $76,263
Other Expenses $76,289
TOTAL EXPENSES $96,289

Year-over-Year Comparison

2025 2024 Change
Revenue $54,749 $82,853 -0.3%
Expenses $96,289 $75,721 +0.3%
Net Income $-41,540 $7,132 -6.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$5,000
Total Directors
7
$20,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZION MCKINNEY TRUSTEE 0.00
Director
$0 $0 $0
WENDELL BYRD PRESIDENT 20.00
Officer Director
$5,000 $0 $5,000
STEVE TURNER DIRECTOR 0.00
Director
$0 $0 $0
MICHAEL BROGAN TRUSTEE 0.00
Director
$0 $0 $0
MELISSA KEMMERER DIRECTOR 25.00
Director
$15,000 $0 $15,000
CYNTHIA HYLAND DIRECTOR 10.00
Director
$0 $0 $0
STEPHEN VEREB TRUSTEE 0.00
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 $54,749 $96,289 $147,360 $-41,540
2024 No data No data No data No data
2023 $46,193 $67,012 $180,907 $-20,819
2022 $83,423 $69,644 $200,238 $13,779
2021 $93,024 $25,834 $193,062 $67,190
2020 $56,435 $65,572 $118,959 $-9,137
2019 $81,908 $101,696 $117,917 $-19,788
2018 $85,466 $77,764 $130,446 $7,702
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare READERS ARE LEADERS with other nonprofits in Virginia and across the country.