WILMINGTON, DE
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)READING ASSIST INSTITUTE, founded in 1989, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2022. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $3.1M left a modest 9% surplus.
READING ASSIST INSTITUTE IS A NON-PROFIT ORGANIZATION DEDICATED TO TEACHING THE FOUNDATIONAL SKILLS OF READING TO CHILDREN WITH SIGNIFICANT ACADEMIC CHALLENGES, ENPOWERING THEM TO ACHIEVE GRADE-LEVEL PROFICIENCY.
LITERACY ADVANCEMENT - THE ORGANIZATION PROVIDES READING INTERVENTION TUTORING SERVICES FOR STUDENTS IN AREA SCHOOLS AND PROFESSIONAL DEVELOPMENT IN LITERACY FOR AREA EDUCATORS. THESE SERVICES ARE...
LITERACY ADVANCEMENT - THE ORGANIZATION PROVIDES READING INTERVENTION TUTORING SERVICES FOR STUDENTS IN AREA SCHOOLS AND PROFESSIONAL DEVELOPMENT IN LITERACY FOR AREA EDUCATORS. THESE SERVICES ARE ALL DESIGNED TO ADVANCE LITERACY SKILLS IN THE MECHANICS OF READING. DURING FISCAL YEAR 2023, THE ORGANIZATION PROVIDED TUTORING SERVICES TO MORE THAN 200 STUDENTS AND PROFESSIONAL DEVELOPMENT TRAINING HOURS OF MORE THAN 1200.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $3,444,753 | $5,126,330 | -0.3% |
| Expenses | $3,128,966 | $2,991,559 | +0.0% |
| Net Income | $315,787 | $2,134,771 | -0.9% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PAMELA SCOTT | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ISRAEL MERCADO | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VIRGINIA BIASOTTO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARREN MAHONEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRYL SCOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT SULLIVAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAMES BOYD | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| MADELEINE BAYARD | VICE PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| KAE KEISTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROLINE O'NEAL | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$133,221 | $0 | $133,221 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,444,753 | $3,128,966 | $4,283,948 | $315,787 |
| 2022 | $5,126,330 | $2,991,559 | $3,428,403 | $2,134,771 |
| 2021 | $1,635,768 | $1,408,383 | $1,414,870 | $227,385 |
| 2020 | $1,509,283 | $1,127,482 | $1,180,812 | $381,801 |
| 2019 | $1,238,631 | $1,255,736 | $723,752 | $-17,105 |
| 2018 | $1,059,608 | $1,022,718 | $737,637 | $36,890 |
Compare READING ASSIST INSTITUTE with other nonprofits in Delaware and across the country.