EVERY CHILD CAN READ INC (EIN 264389859) - 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

2009

Legal Domicile

Principal Officer

JASON BLUNK

Phone

7659667323

Tax Period

2024-01-01 to 2024-12-31

EVERY CHILD CAN READ INC, founded in 2009, is a small nonprofit in the Education sector that reported $173K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring.

Mission

OPENING A WORLD OF OPPORTUNITIES BY GROWING A LOVE OF READING IN YOUNG READERS.

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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 $154,378

Program Service Revenue $0

Investment Income $18,462

Other Revenue $0

TOTAL REVENUE $172,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,575

Fundraising Expenses $0

Program Expenses $162,932

Other Expenses $89,069

TOTAL EXPENSES $176,644

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,840	$330,428	-0.5%
Expenses	$176,644	$356,648	-0.5%
Net Income	$-3,804	$-26,220	-0.9%

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

$22,794

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF RAATZ	MEMBER	1.00	Director	$0	$0	$0
KRISTEN BRUNTON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BECKY JEWISON	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
NIKKI BROCK	MEMBER	1.00	Director	$0	$0	$0
FREDRIC AHAUS	EMERITUS MEMBER	1.00	Director	$0	$0	$0
ROBIN HENRY	PAST BOARD CHAIRMAN	1.00	Director	$0	$0	$0
APRIL LIMBURG	MEMBER	1.00	Director	$0	$0	$0
JASON BLUNK	BOARD CHAIRMAN	1.00	Officer Director	$0	$0	$0
JACKIE WEBB	SECRETARY	1.00	Officer Director	$0	$0	$0
LANDON ELDER	MEMBER	1.00	Director	$0	$0	$0
KEON JACKSON	MEMBER	1.00	Director	$0	$0	$0
TRICIA SHERIDAN	MEMBER	1.00	Director	$0	$0	$0
KRISTEN KIRK	MEMBER	1.00	Director	$0	$0	$0
KRISTA THORNSBERRY	MEMBER	1.00	Director	$0	$0	$0
MAGGIE RAYNOR	MEMBER	1.00	Director	$0	$0	$0
JUDI WILLETT	MEMBER	1.00	Director	$0	$0	$0
PATRICIA PETERSON	EXECUTIVE DIRECTOR	25.00	Officer	$4,161	$0	$4,161
KIM ENGLISH	PAST EXECUTIVE DIRECTOR	25.00	Officer	$18,633	$0	$18,633

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
2024	$172,840	$176,644	$330,745	$-3,804
2023	$330,428	$356,648	$333,861	$-26,220
2022	$488,924	$398,787	$360,117	$90,137
2021	$397,501	$286,330	$269,525	$111,171
2020	$191,932	$152,960	$180,159	$38,972
2019	$251,871	$234,533	$119,192	$17,338
2018	$213,945	$210,959	$101,827	$2,986

EVERY CHILD CAN READ INC