WELL READ MOM 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

2014

Legal Domicile

Principal Officer

MARCIE STOKMAN

Phone

2185469787

Tax Period

2024-07-01 to 2025-06-30

WELL READ MOM INC, founded in 2014, is a small nonprofit in the Religion sector that reported $857K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $803K left a modest 6% surplus.

Mission

WELL-READ MOM ACCOMPANIES WOMEN IN THE READING OF GREAT BOOKS AND SPIRITUAL CLASSICS TO ENCOURAGE PERSONAL GROWTH, FRIENDSHIP, AND MEANINGFUL CONVERSATIONS IN ORDER TO EXPLORE THE HUMAN CONDITION AND REORIENT OURSELVES TO WHAT IS GOOD, BEAUTIFUL, AND TRUE.

Program Service Accomplishments

Program 1

Expenses: $633,539 Revenue: $33,565

TO SUGGEST WORKS OF LITERATURE THAT ENCOURAGE WOMEN TO GROW INTELLECTUALLY, SPIRITUALLY, AND PERSONALLY THROUGH DEEPENED THOUGHT AND CONVERSATION. TO FOSTER MEANINGFUL FRIENDSHIP AMONG WOMEN AND THUS TO COUNTERACT THE INCREASING ISOLATION CHARACTERISTIC OF OUR CULTURE. TO DEEPEN AWARENESS OF THE IMMENSITY OF MEANING HIDDEN IN EACH WOMAN'S DAILY LIFE. TO BUILD COMMUNITY LOCALLY AND NATIONALLY THROUGH MEETINGS AND WELL- READ MOM EVENTS. TO PROVIDE ORIGINAL RESOURCE MATERIALS THAT ILLUMINATE THE LITERATURE THROUGH THE LENS OF CATHOLIC TRADITION. TO ENCOURAGE INTENTIONAL FAMILY LIFE, READING IN THE HOME, AND ALL MOTHERS' AWARENESS OF THEIR UNIQUE PRESENCE IN THE HEART OF THE FAMILY.

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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 $821,242

Program Service Revenue $33,565

Investment Income $2,664

Other Revenue $-172

TOTAL REVENUE $857,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,505

Fundraising Expenses $0

Program Expenses $633,539

Other Expenses $582,374

TOTAL EXPENSES $802,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$857,299	$676,406	+0.3%
Expenses	$802,879	$597,917	+0.3%
Net Income	$54,420	$78,489	-0.3%

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

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

$92,941

Total Directors

$41,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIE STOKMAN	CHAIR	24.00	Officer Director	$41,050	$0	$41,050
MICHELLE LEMIEUR	SECRETARY	1.50	Officer Director	$0	$0	$0
KRISTEN VOSEN	TREASURER	1.50	Officer Director	$0	$0	$0
ANN SILGEN	DIRECTOR	1.50	Officer Director	$0	$0	$0
TRACEY FINCK	DIRECTOR	1.50	Director	$0	$0	$0
STEPHANIE STOKMAN	DIRECTOR	1.50	Director	$0	$0	$0
NICOLE BUGNACKI	EXECUTIVE DI	30.00	Officer	$51,891	$0	$51,891

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	$857,299	$802,879	$932,799	$54,420
2024	$676,406	$597,917	$795,319	$78,489
2023	$548,922	$413,577	$308,532	$135,345
2022	$334,511	$265,919	$167,698	$68,592
2021	$203,767	$161,547	$99,169	$42,220