READING VILLAGE (EIN 208520265) - 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

2007

Legal Domicile

Principal Officer

LINDA SMITH

Phone

3038832822

Tax Period

2018-01-01 to 2018-12-31

READING VILLAGE, founded in 2007, is a small nonprofit that reported $278K in total revenue in fiscal year 2018. Expenses of $395K exceeded revenue, resulting in a 42% operating deficit.

Mission

OUR MISSION IS TO EMPOWER YOUTH TO ERDICATE ILLITERACY AND LEAD THEIR COMMUNITIES OUT OF POVERTY. READING VILLAGE TRANSFORMS LIVES THROUGH LITERACY. LEVERAGING READING AND EDUCATION AS MECHANISMS TO END POVERTY, WE CREATE THE CONDITIONS FOR YOUTH TO DISCOVER THEIR TRUE POTENTIAL AND BECOME AGENTS OF CHANGE IN THE WORLD. THROUGH COLLABORATION AND INNOVATION, WHOLE COMMUNITIES UNLEASH THEIR POWER TO FLOURISH UNDER THEIR OWN RESOURCES AND CREATIVITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $281,551

Program Service Revenue $0

Investment Income $-3,615

Other Revenue $321

TOTAL REVENUE $278,257

Expense Breakdown

Grants Paid $93,926

Salaries & Benefits $220,414

Fundraising Expenses $99,170

Program Expenses $242,486

Other Expenses $80,197

TOTAL EXPENSES $394,537

Year-over-Year Comparison

	2018	2017	Change
Revenue	$278,257	$263,908	+0.1%
Expenses	$394,537	$301,483	+0.3%
Net Income	$-116,280	$-37,575	+2.1%

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

$64,701

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA SMITH	PRESIDENT	6.00	Officer Director	$0	$0	$0
AARON SMITH	TREASURER	5.00	Officer Director	$0	$0	$0
JAN WANNER	SECRETARY	4.00	Officer Director	$0	$0	$0
KAREN DUANE	DIRECTOR	4.00	Director	$0	$0	$0
ERIN MALLORY KOLP	DIRECTOR	2.00	Director	$0	$0	$0
NANCY KELLOGG	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA VUERNICK	DIRECTOR	0.50	Director	$0	$0	$0
CAROLYN FAIRMAN	EXECUTIVE DI	40.00	Officer	$60,948	$3,753	$64,701

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
2018	$278,257	$394,537	$95,110	$-116,280

READING VILLAGE