KIDS READ NOW INC

EIN: 453504550 501(c)(3) Education

TROY, OH

Total Revenue
$4,471,799
Total Expenses
$4,591,699
Total Assets
$1,380,412
Net Assets
$-2,576,830
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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
2012
Legal Domicile
OH
Principal Officer
KRISTEN WALTER
Phone
8775360130
Tax Period
2024-10-01 to 2025-09-30

KIDS READ NOW INC, founded in 2012, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

TO ELIMINATE THE SUMMER READING SLIDE. MAIL STUDENT SELECTED BOOKS HOME, ONE A WEEK, ALL SUMMER LONG. ENGAGE PARENTS WITH WEEKLY MESSAGING. MEASURE RESULTS WITH READING SCORES EVALUATIONS, STAKEHOLDER SURVEYS AND ENGAGEMENT METRICS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,016,716
Program Service Revenue $2,454,517
Investment Income $566
Other Revenue $0
TOTAL REVENUE $4,471,799

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,450,968
Fundraising Expenses $245,850
Program Expenses $3,996,203
Other Expenses $3,140,731
TOTAL EXPENSES $4,591,699

Year-over-Year Comparison

2024 2023 Change
Revenue $4,471,799 $5,687,419 -0.2%
Expenses $4,591,699 $5,692,510 -0.2%
Net Income $-119,900 $-5,091 +22.6%
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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Governance

Voting Members
14
Independent Members
14
Employees
37
Volunteers
58

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
6
$263,815
Total Directors
13
$125,443
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY WEDDLE COO 40.00
Officer
$23,372 $115,000 $138,372
KRISTEN WALTER CEO 40.00
Officer Director
$125,443 $0 $125,443
DR KAMSHIA CHILDS BOARD VP 2.00
Officer Director
$0 $0 $0
TODD IMWALLE DIRECTOR 2.00
Director
$0 $0 $0
ROBERT ISKANDER DIRECTOR 2.00
Director
$0 $0 $0
TODD JOLLY DIRECTOR 2.00
Director
$0 $0 $0
BARBARA LURIE DIRECTOR 2.00
Director
$0 $0 $0
LEIB LURIE BOARD PRESID 40.00
Officer Director
$0 $0 $0
JONATHAN TRUNK BOARD TREASU 2.00
Officer Director
$0 $0 $0
TOM VOGEL DIRECTOR 2.00
Director
$0 $0 $0
PAUL VONHIPPEL DIRECTOR 2.00
Director
$0 $0 $0
JOSHUA WALSH DIRECTOR 2.00
Director
$0 $0 $0
CHRIS WRIGHT DIRECTOR 2.00
Director
$0 $0 $0
DR CHANDRA YOUNGBLOOD BOARD SECRET 2.00
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
2025 $4,471,799 $4,591,699 $1,380,412 $-119,900
2024 $5,687,419 $5,692,510 $1,579,353 $-5,091
2023 $5,593,813 $5,579,301 $1,946,815 $14,512
2022 $4,731,421 $4,769,905 $1,527,653 $-38,484
2021 $4,930,805 $4,549,552 $1,305,520 $381,253
2020 $3,030,703 $3,602,836 $1,065,361 $-572,133
2019 $2,568,787 $3,330,325 $986,975 $-761,538
2018 $2,184,831 $3,157,579 $1,190,686 $-972,748
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