READING LEGACIES (EIN 270523331) - 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

2010

Legal Domicile

Principal Officer

BETTY MOHLENBROCK

Tax Period

2025-01-01 to 2025-12-31

READING LEGACIES, founded in 2010, is a small nonprofit in the Youth Development sector that reported $520K in total revenue in fiscal year 2025.

Mission

TO FACILITATE SUPPORTIVE RELATIONSHIPS FOR CHILDREN THROUGH FAMILY AND FRIENDS READING ALOUD WITH THEM.

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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 (2025)

Revenue Breakdown

Contributions & Grants $510,591

Program Service Revenue $0

Investment Income $9,552

Other Revenue $0

TOTAL REVENUE $520,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $389,928

Fundraising Expenses $19,743

Program Expenses $464,892

Other Expenses $122,819

TOTAL EXPENSES $512,747

Year-over-Year Comparison

	2025	2024	Change
Revenue	$520,143	$483,724	+0.1%
Expenses	$512,747	$410,950	+0.2%
Net Income	$7,396	$72,774	-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

130

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

$74,606

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY MOHLENBROCK	PRESIDENT &	3.00	Director	$74,606	$0	$74,606
JULIE BEATY	SECRETARY	3.00	Director	$0	$0	$0
TORI NELSON CALISCH	TRUSTEE	3.00	Director	$0	$0	$0
DEREK COX	TRUSTEE	3.00	Director	$0	$0	$0
COURTNEY DADE	TRUSTEE	3.00	Director	$0	$0	$0
PAT GILES	TRUSTEE	3.00	Director	$0	$0	$0
VIVIAN LIN	TRUSTEE	3.00	Director	$0	$0	$0
ERIC MANESE	TRUSTEE	3.00	Director	$0	$0	$0
ROB MILLS	TRUSTEE	3.00	Director	$0	$0	$0
RICHARD RADOSH	VICE CHAIR	3.00	Director	$0	$0	$0
JR RAINES	TREASURER	3.00	Director	$0	$0	$0
LINDA RANKIN	TRUSTEE	3.00	Director	$0	$0	$0
SHAUN WILEY	TRUSTEE	3.00	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	$520,143	$512,747	$324,319	$7,396
2024	$483,724	$410,950	$314,351	$72,774
2024	$483,724	$410,950	$314,351	$72,774
2023	$414,168	$427,648	$243,204	$-13,480
2022	$416,088	$373,525	$243,708	$42,563
2021	$409,720	$317,125	$200,825	$92,595
2020	$290,066	$340,594	$159,593	$-50,528
2019	$290,087	$337,596	$174,225	$-47,509
2018	$290,959	$273,154	$219,078	$17,805

READING LEGACIES