WILMINGTON, DE
4 risk indicators measuring financial stability and operational resilience
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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.
THE ORGANIZATION ADVANCES LITERACY THROUGH SEVERAL SIGNIFICANT ACTIVITIES: 1)TRAINING VOLUNTEERS IN A MULTI-SENSORY STRUCTURED LANGUAGE CURRICULUM TO TEACH READING, WRITING, AND SPELLING, 2)ESTABLISHING TUTORING TEAMS OF TRAINED VOLUNTEERS TO SERVE IN SCHOOLS, COMMUNITY CENTERS, AND OTHER SITES IN THE MID-ATLANTIC REGION, 3)PROVIDING IN-SERVICE TRAINING AND SUPPORT TO AREA EDUCATORS IN A MULTI-SENSORY STRUCTURED LANGUAGE CURRICULUM, 4)HEIGHTENING AWARENESS IN THE COMMUNITY ABOUT DYSLEXIA, AND 5)PROVIDING OTHER OPPORTUNITIES FOR REMEDIATION.
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)| 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
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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 |
|---|---|---|---|---|---|---|
| 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 |
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