MULTISENSORY READING CENTERS OF PR INC

EIN: 660777652 501(c)(3) Education

SAN JUAN, PR

Total Revenue
$775,095
Total Expenses
$579,509
Total Assets
$874,877
Net Assets
$831,591
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
PR
Principal Officer
YADIRA SANCHEZ
Phone
7879481071
Tax Period
2022-07-01 to 2023-06-30

MULTISENSORY READING CENTERS OF PR INC, founded in 2012, is a small nonprofit in the Education sector that reported $775K in total revenue in fiscal year 2022. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $196K, a strong 25% operating margin.

Mission

Educational services (Orton Gillingham) to students with multisensory reading problems such as dyslexia and other related disorders. Our Mission - Provide access to effective literacy instruction for struggling readers, particularly students with language-based learning disabilities. Our Vision - Education in which qualified and knowledgeable teachers meet the diverse literacy needs of all students in order for them to achieve their full potential. Our Objective - Increase social awareness in Puerto Rico on dyslexia and the importance and impact of early intervention. Provide support to students with dyslexia and other learning disabilities in order for them to reach their full academic potential. Educate professionals on the benefits of using a multisensory structured language approach to teach reading and writing. Certify educators in the Orton-Gillingham methodology adhering to the highest standards of the International Multisensory Structured Language Education Council (IMSLEC).

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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 (2022)

Revenue Breakdown

Contributions & Grants $610,357
Program Service Revenue $158,556
Investment Income $6,182
Other Revenue $0
TOTAL REVENUE $775,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $295,398
Fundraising Expenses $82,641
Program Expenses $409,465
Other Expenses $284,111
TOTAL EXPENSES $579,509

Year-over-Year Comparison

2022 2021 Change
Revenue $775,095 $626,451 +0.2%
Expenses $579,509 $424,444 +0.4%
Net Income $195,586 $202,007 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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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
9
Independent Members
9
Employees
6
Volunteers
5

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
1
$79,350
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YADIRA SANCHEZ EXECUTIVE OFFICER 40
Officer Highest
$78,150 $1,200 $79,350
MARIA L FERRE-RANGEL PRESIDENT OF BOD 2
Director
$0 $0 $0
JOSE PACHANO TREASURER OF BOD 2
Director
$0 $0 $0
JORGE MARCHAND SECRETARY OF BOD 2
Director
$0 $0 $0
VIOLI CASELLAS DIRECTOR 2
Director
$0 $0 $0
KIM SHCUESSLER DIRECTOR 2
Director
$0 $0 $0
ERIC TRIDAS DIRECTOR 2
Director
$0 $0 $0
PAOLA PEREZ DIRECTOR 2
Director
$0 $0 $0
ELLEN SEIDMAN DIRECTOR 2
Director
$0 $0 $0
BENJAMIN TUTT DIRECTOR 2
Director
$0 $0 $0
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 No data No data No data No data
2024 No data No data No data No data
2023 $775,095 $579,509 $874,877 $195,586
2022 $626,451 $424,444 $660,977 $202,007
2021 $514,110 $351,823 $525,745 $162,287
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