EVERY CHILD READING (EIN 471546556) - 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

2015

Legal Domicile

Principal Officer

ERIC STEINBERG

Phone

3036674045

Tax Period

2024-01-01 to 2024-12-31

EVERY CHILD READING, founded in 2015, is a small nonprofit in the Youth Development sector that reported $390K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $128K, a strong 33% operating margin.

Mission

Provide summer camp reading programs to children along with parent training and consulting.

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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 $82,570

Program Service Revenue $307,788

Investment Income $5

Other Revenue $0

TOTAL REVENUE $390,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $249,248

Other Expenses $262,281

TOTAL EXPENSES $262,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$390,363	$343,936	+0.1%
Expenses	$262,281	$358,629	-0.3%
Net Income	$128,082	$-14,693	-9.7%

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

N/A

Volunteers

N/A

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
Eric Steinberg	Director	015.00	Director	$0	$0	$0
Amy Thomas	President director	001.00	Officer Director	$0	$0	$0
Heather Pool	Director	001.00	Director	$0	$0	$0
Laurie Jensen	Director	001.00	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	$390,363	$262,281	$259,605	$128,082
2023	$343,936	$358,629	$300,355	$-14,693
2022	$441,083	$340,318	$286,189	$100,765
2021	$227,674	$215,880	$64,844	$11,794

EVERY CHILD READING