WILMINGTON, DE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READ-ALOUD DELAWARE INC, founded in 1983, is a small nonprofit that reported $597K in total revenue in fiscal year 2024. The organization ran a surplus of $140K, a strong 23% operating margin.
OUR MISSION IS TO CREATE A LIFE-LONG IMPACT THROUGH EARLY CHILDHOOD LITERACY.OUR VISION IS THAT CHILDREN ACROSS DELAWARE WILL HAVE THE FOUNDATIONAL LITERACY SKILLS TO SUCCEED IN SCHOOL AND LIFE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $597,163 | $585,065 | +0.0% |
| Expenses | $456,977 | $521,820 | -0.1% |
| Net Income | $140,186 | $63,245 | +1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JAMES SPADOLA | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$92,156 | $2,000 | $94,156 |
| STEPHEN A SPENCE ESQ | PRESIDENT (FROM 1/25); TREASURER (TO 1/25) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEANNE A BRENNAN | PRESIDENT (TO 1/25); TRUSTEE (FROM 1/25) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| FELICIA HARRINGTON | TREASURER (FROM 1/25); SECRETARY (TO 1/25) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BETSY PLOWMAN | SECRETARY (FROM 1/25); TRUSTEE (TO 1/25) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLY BASILE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| KATHRYN BROWN EDD | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| EDWARD DAWLEY PHD | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CARLOS DIPRES | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| ROSHNI GUERRY MD | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN JAFFE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| BRANDON JENNINGS MBA | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINA KELLY | TRUSTEE (FROM 1/25) | 5.00 |
Director
|
$0 | $0 | $0 |
| SHERRY LARSON-REESE | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| TRACY L MCCARTHY MS | TRUSTEE | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $597,163 | $456,977 | $580,099 | $140,186 |
| 2024 | $585,065 | $521,820 | $475,151 | $63,245 |
| 2023 | $484,024 | $476,877 | $443,204 | $7,147 |
| 2022 | $454,090 | $398,475 | $319,599 | $55,615 |
| 2021 | $483,252 | $363,414 | $265,863 | $119,838 |
| 2020 | $439,293 | $404,856 | $161,242 | $34,437 |
| 2019 | $390,613 | $434,002 | $118,361 | $-43,389 |
Compare READ-ALOUD DELAWARE INC with other nonprofits in Delaware and across the country.