READING QUEST

EIN: 473350742 501(c)(3) Education

SANTA FE, NM

Total Revenue
$984,362
Total Expenses
$890,717
Total Assets
$638,515
Net Assets
$630,961
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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
2024-01-01 to 2024-12-31

READING QUEST, founded in 2015, is a small nonprofit in the Education sector that reported $984K in total revenue in fiscal year 2024. Expenses of $891K left a modest 10% surplus.

Mission

TO CREATE MATERIALS AND TEACH CHILDREN HOW TO READ.

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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 $585,932
Program Service Revenue $398,430
Investment Income $0
Other Revenue $0
TOTAL REVENUE $984,362

Expense Breakdown

Grants Paid $0
Salaries & Benefits $764,110
Fundraising Expenses $57,717
Program Expenses $750,558
Other Expenses $126,607
TOTAL EXPENSES $890,717

Year-over-Year Comparison

2024 2023 Change
Revenue $984,362 $1,032,194 0.0%
Expenses $890,717 $793,059 +0.1%
Net Income $93,645 $239,135 -0.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
36
Volunteers
40

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
$89,805
Total Directors
11
$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
CAROLINE STANLEY 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
$78,269 $11,536 $89,805
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 $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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