COPS N KIDS READING CENTER INC

EIN: 391934034 501(c)(3) Youth Development

RACINE, WI

Total Revenue
$341,416
Total Expenses
$373,607
Total Assets
$381,886
Net Assets
$355,370
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
WI
Phone
2626321606
Tax Period
2023-01-01 to 2023-12-31

COPS N KIDS READING CENTER INC, founded in 1998, is a small nonprofit in the Youth Development sector that reported $341K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

The purpose of the organization is to enable and empower all children to strive toward the fundamental successes in life through the importance of reading. The Organization's reading program is intended to assist children to explore the joys that can be associated with learning to read for pleasure and adventure and, subsequently, how to apply the acquired skill of reading as the key to many other opportunities provided in their lives.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $329,633
Program Service Revenue $0
Investment Income $8,785
Other Revenue $2,998
TOTAL REVENUE $341,416

Expense Breakdown

Grants Paid $0
Salaries & Benefits $91,486
Fundraising Expenses $4,995
Program Expenses $313,610
Other Expenses $282,121
TOTAL EXPENSES $373,607

Year-over-Year Comparison

2023 2022 Change
Revenue $341,416 $200,230 +0.7%
Expenses $373,607 $210,133 +0.8%
Net Income $-32,191 $-9,903 +2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
6
Volunteers
105

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
4
$11,700
Total Directors
13
$56,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JULIA WITHERSPOON Executive Dir. 40.00
Director
$45,000 $0 $45,000
BECKY ST MARTIN Secretary 10.00
Officer Director
$11,700 $0 $11,700
SUE SMITH Director 1.00
Director
$0 $0 $0
RONALD TATUM President 1.00
Officer Director
$0 $0 $0
LEE WESSOLOWSKI Director 1.00
Director
$0 $0 $0
JOANNE NISSEN Vice President 1.00
Officer Director
$0 $0 $0
JOYCELYN FISH Director 1.00
Director
$0 $0 $0
LT ADAM MALACARA Director 1.00
Director
$0 $0 $0
JO ANN LUEBERGER Director 1.00
Director
$0 $0 $0
GINNY MUELLER Director 1.00
Director
$0 $0 $0
HEATHER ORTIZ Secretary 1.00
Director
$0 $0 $0
DEBBIE MENK Director 1.00
Director
$0 $0 $0
MARY BIESACK Treasurer 1.00
Officer 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
2023 $341,416 $373,607 $381,886 $-32,191
2022 $200,230 $210,133 $399,382 $-9,903
2021 $201,045 $190,710 $451,228 $10,335
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