READING QUEST

EIN: 473350742 501(c)(3) Education

SANTA FE, NM

Total Revenue
$1,170,377
Total Expenses
$1,079,308
Total Assets
$864,185
Net Assets
$722,030
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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
NM
Principal Officer
CONNOR BROWNE
Phone
5053103888
Tax Period
2025-01-01 to 2025-12-31

READING QUEST, founded in 2015, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 8% surplus.

Mission

TO CREATE MATERIALS AND TEACH CHILDREN HOW TO READ.

Program Service Accomplishments

Program 1
Expenses: $917,793 Revenue: $494,567

READING QUEST TUTORS CHILDREN WHO ARE A YEAR OR MORE BEHIND GRADE LEVEL IN READING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $665,415
Program Service Revenue $494,567
Investment Income $10,395
Other Revenue $0
TOTAL REVENUE $1,170,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $856,390
Fundraising Expenses $54,611
Program Expenses $917,793
Other Expenses $222,918
TOTAL EXPENSES $1,079,308

Year-over-Year Comparison

2025 2024 Change
Revenue $1,170,377 $984,362 +0.2%
Expenses $1,079,308 $890,717 +0.2%
Net Income $91,069 $93,645 0.0%
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

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Governance

Voting Members
10
Independent Members
10
Employees
47
Volunteers
30

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
$100,074
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CONNOR BROWNE CHAIR 2.00
Officer Director
$0 $0 $0
SHARON EKLUND VICE CHAIR 2.00
Officer Director
$0 $0 $0
ROB MACDONALD TREASURER 2.00
Officer Director
$0 $0 $0
REED SOEHNEL DIRECTOR 1.00
Director
$0 $0 $0
ERIN CAVE DIRECTOR 1.00
Director
$0 $0 $0
ALICIA VADILLO-ROMERO DIRECTOR 1.00
Director
$0 $0 $0
AMANDA MENDEZ DIRECTOR 1.00
Director
$0 $0 $0
NICK GOVEA DIRECTOR 1.00
Director
$0 $0 $0
JENNY KAUFMAN DIRECTOR 1.00
Director
$0 $0 $0
ALICIA RIVERA DIRECTOR 1.00
Director
$0 $0 $0
RAYNA DINEEN EXECUTIVE DI 40.00
Officer
$82,019 $18,055 $100,074
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 $1,170,377 $1,079,308 $864,185 $91,069
2024 $984,362 $890,717 $638,515 $93,645
2023 $1,032,194 $793,059 $546,109 $239,135
2022 $695,381 $724,369 $304,485 $-28,988
2021 $684,753 $543,933 $334,562 $140,820
2020 $420,096 $414,787 $187,128 $5,309
2019 $362,163 $310,321 $183,439 $51,842
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