DYSLEXIA INSTITUTE OF MN INC

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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

1951

Legal Domicile

Principal Officer

JOEL TRAVER

Phone

5072885271

Tax Period

2024-01-01 to 2024-12-31

DYSLEXIA INSTITUTE OF MN INC, founded in 1951, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Net assets of $5.1M represent 28 months of operating reserves.

Mission

THE READING CENTER IS A NONPROFIT EDUCATIONAL ORGANIZATION THAT TEACHES CHILDREN AND INDIVIDUALS WITH DYSLEXIA HOW TO READ, WRITE, AND SPELL USING THE ORTON GILLINGHAM APPROACH, WHICH ALIGNS WITH THE SCIENCE OF READING

Program Service Accomplishments

Program 1

Expenses: $1,063,040 Revenue: $1,005,822

ORTON GILLINGHAM THERAPY: 14,609 SESSIONS OF OG TUTORING FOR 328 STUDENTS WERE PROVIDED TO INCREASE THE STUDENTS' READING ABILITIES. THE READING CENTER CONDUCTED 138 NATIONALLY NORMED EDUCATIONAL...

ORTON GILLINGHAM THERAPY: 14,609 SESSIONS OF OG TUTORING FOR 328 STUDENTS WERE PROVIDED TO INCREASE THE STUDENTS' READING ABILITIES. THE READING CENTER CONDUCTED 138 NATIONALLY NORMED EDUCATIONAL EVALUATIONS AND 21 FREE READING READINESS SCREENINGS FOR STUDENTS WHO ARE STRUGGLING IN READING, PROVIDING NEEDED INSIGHT INTO THE NATURE OF THE READING DIFFICULTY. $64,008 IN SCHOLARSHIPS FOR TUTORING AND TESTING WAS PROVIDED TO 15% OF STUDENTS IN NEED OF THE READING CENTER EXPERT EVALUATION AND INSTRUCTION.

Program 2

Expenses: $63,073 Revenue: $31,210

SPECIALIZED CLASSES, INCLUDING BEST OF BASICS SUMMER PROGRAM: 52 STUDENTS WERE ENROLLED IN CLASSES WHERE CHILDREN ENGAGED THEIR MINDS EVERYDAY FOR A MONTH IN ORDER TO REINFORCE THE SKILLS THEY NEED FOR SUCCESS DURING THE SCHOOL YEAR. TEN K-1ST GRADE STUDENTS LEARNED CRITICAL PRE-READING SKILLS IN PARENT/CHILD READING CLUBS, HELPING THEM TO ENTER GRADE SCHOOL READY TO READ.

Program 3

Expenses: $303,082 Revenue: $129,277

EDUCATOR TRAINING : 47 EDUCATORS AND PARENTS LEARNED THE ORTON-GILLINGHAM (OG) APPROACH IN THE READING CENTER'S BASIC AND ADVANCED INSTITUTES, ACCREDITED BY THE ORTON-GILLINGHAM ACADEMY. $21,140 IN TRAINING SCHOLARSHIP WAS GRANTED. 1,025 EDUCATORS RECEIVED FREE ONLINE TRAINING CONSISTENT WITH THE SCIENCE OF READING AND THESE TEACHERS SERVED 30,750 STUDENTS STATEWIDE. THESE COURSES WERE PROVIDED FREE OF CHARGE TO MN EDUCATORS.

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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 $983,034

Program Service Revenue $1,166,309

Investment Income $57,122

Other Revenue $2,213

TOTAL REVENUE $2,208,678

Expense Breakdown

Grants Paid $0

Salaries & Benefits $824,642

Fundraising Expenses $135,520

Program Expenses $1,737,509

Other Expenses $1,344,468

TOTAL EXPENSES $2,169,110

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,208,678	$1,706,393	+0.3%
Expenses	$2,169,110	$1,911,703	+0.1%
Net Income	$39,568	$-205,310	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL TRAVER ED D	CHAIR	1.00	Officer Director	$0	$0	$0
LEO STERN	BOARD MEMBER	0.50	Director	$0	$0	$0
MARCIA HENRY PHD	FOUNDING BOARD MEMBER	0.50	Director	$0	$0	$0
ELAINE BAUMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
MARLA BURKHART	TREASURER	1.00	Officer Director	$0	$0	$0
ZEB DUDEK	BOARD MEMBER	0.50	Director	$0	$0	$0
BRIAN MOSER	VICE CHAIR	0.50	Officer Director	$0	$0	$0
JENNIFER GOWIN	BOARD MEMBER	0.50	Director	$0	$0	$0
ANNA MARY PETERSON	PAST CHAIR/BOARD MEMBER	1.00	Director	$0	$0	$0
JOSELYN RAYMUNDO PHARMD	BOARD MEMBER	0.50	Director	$0	$0	$0
OPAL RICHARDS ESQUIRE	BOARD MEMBER	0.50	Director	$0	$0	$0
JENNIFER YERHOT	BOARD MEMBER	0.50	Director	$0	$0	$0
ERIN HEELAN	SECRETARY	0.50	Officer Director	$0	$0	$0
NEAL SORENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW WOOD	BOARD MEMBER	1.00	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
2024	$2,208,678	$2,169,110	$5,265,165	$39,568
2023	$1,706,393	$1,911,703	$5,151,266	$-205,310
2022	$2,030,699	$1,596,606	$5,283,094	$434,093
2021	$1,459,758	$1,465,856	$4,892,470	$-6,098
2020	$2,117,423	$1,326,191	$4,900,812	$791,232
2019	$2,371,904	$1,136,659	$4,597,639	$1,235,245