MULTISENSORY READING CENTERS OF PR… - Form 990 Financial Data

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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

2012

Legal Domicile

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

Provide access to effective literacy instruction for struggling readers, particularly students with language-based learning disabilities and provide support to students with dyslexia and other learning disabilities in order for them to reach their full academic potential.

Program Service Accomplishments

Program 1

Expenses: $359,405 Revenue: $118,446

Reading Clinic (Orton Gillingham) - Orton-Gillingham is a language-based, multisensory, structured, sequential, and cumulative approach to teaching reading that has been in use since 1930 and has...

Reading Clinic (Orton Gillingham) - Orton-Gillingham is a language-based, multisensory, structured, sequential, and cumulative approach to teaching reading that has been in use since 1930 and has been proven to benefit all students, especially struggling readers. Neurologically and linguistically sound, it is the most prevalent and successful model of reading intervention. According to the National Institutes of Health, 95% of children who have trouble learning to read reach grade level if they receive specialized help early on. Kindergarten to the middle of First grade is the "window of opportunity" to prevent long term reading problems. By providing OG instruction, the MRC effectively targets the gap in order to close it. MRC offers research sound, prescribed lessons based on progress monitoring. The following components are addressed during each Orton-Gillingham reading intervention session: Alphabetic Principles, Accuracy and Fluency, Vocabulary, Comprehension, Phonemic Awareness.

Program 2

Expenses: $50,060 Revenue: $40,110

Orton-Gillingham Teacher Certificate Program - This year long experience is key to our mission of empowering teachers to have the strategies to remediate with struggling readers. Such training...

Orton-Gillingham Teacher Certificate Program - This year long experience is key to our mission of empowering teachers to have the strategies to remediate with struggling readers. Such training parallels theory and practice through a supervised practicum experience. Upon completion, participants are awarded an Orton-Gillingham Specialist Certificate endorsed by the nationally accredited International Multisensory Structured Language Education Council (IMSLEC) and by International Dyslexia Association (IDA).

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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%)

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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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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$79,350

Total Directors

Key Employees

Highest Compensated

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

MULTISENSORY READING CENTERS OF PR INC