READ FOR LIFE

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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

1990

Legal Domicile

Principal Officer

CYDNEY OSTER

Phone

5592896788

Tax Period

2018-07-01 to 2019-06-30

READ FOR LIFE, founded in 1990, is a micro nonprofit in the Unknown sector that reported $72K in total revenue in fiscal year 2018. The organization ran a surplus of $17K, a strong 23% operating margin.

Mission

TO PROVIDE BOOKS AND PROGRAMS THAT ENCOURAGE PARENTS TO BUILD THE FOUNDATION FOR READING, BEGINNING AT BIRTH.

Program Service Accomplishments

Program 1

Expenses: $11,836

"BOOKS FOR KIDS" DISTRIBUTES BOOK PACKETS TO PARENTS OF YOUNG CHILDREN ENCOURAGING READING AT AN EARLY AGE & SUPPLYING SAMPLES OF APPROPRIATE BOOKS. THE PROGRAM PROVIDES APPROXIMATELY 7,000 - 8,000...

Program 2

Expenses: $10,863

HEADSTART AND TEENAGE PARENTING PROGRAMS: "HEADSTART PROGRAM" PREPARES STUDENTS FOR SUCCESS IN KINDERGARTEN. A SCHOOL DISTRICT PROGRAM THAT READ FOR LIFE SUPPLEMENTS BY PROVIDING EACH CHILD WITH 5...

HEADSTART AND TEENAGE PARENTING PROGRAMS: "HEADSTART PROGRAM" PREPARES STUDENTS FOR SUCCESS IN KINDERGARTEN. A SCHOOL DISTRICT PROGRAM THAT READ FOR LIFE SUPPLEMENTS BY PROVIDING EACH CHILD WITH 5 NEW BOOKS, AND BY TRAINING PARENTS HOW TO READ ALOUD TO THEIR CHILD. SERVES APPROXIMATELY 1,600 CHILDREN AT 60 SCHOOL SITES ANNUALLY. "TEENAGE PARENTING PROGRAM" WORKS WITH TEENS IN TULARE COUNTY TO ENCOURAGE PARENTS TO READ TO THEIR BABIES AND TODDLERS. VOLUNTEERS VISIT CLASSROOMS TO SHARE AND DEMONSTRATE LITERACY TECHNIQUES TO ENHANCE THE KNOWLEDGE AND BENEFITS OF READING TO THEIR CHILDREN. CURRENTLY, READ FOR LIFE PROVIDES NEW BOOKS TO TEEN AGE PARENTING PROGRAMS AND HEAD START SITES COUNTY WIDE. THREE DISTRIBUTIONS OF AGE APPROPRIATE QUALITY LITERATURE ARE DONATED TO EACH SITE THROUGHOUT THE SCHOOL YEAR. THESE BOOKS HELP BEGIN A CHILD'S PERSONAL LIBRARY AT HOME, PROVIDING A GREATER POTENTIAL FOR SUCCESS IN SCHOOL.

Program 3

Expenses: $6,642

"BOOKS FOR BABIES" DISTRIBUTES BOOK PACKETS TO PARENTS OF NEWBORN BABIES ENCOURAGING READING AT AN EARLY AGE & SUPPLYING SAMPLES OF APPROPRIATE BOOKS. THE PROGRAM PROVIDES NEW BOOKS AND SERVES...

"BOOKS FOR BABIES" DISTRIBUTES BOOK PACKETS TO PARENTS OF NEWBORN BABIES ENCOURAGING READING AT AN EARLY AGE & SUPPLYING SAMPLES OF APPROPRIATE BOOKS. THE PROGRAM PROVIDES NEW BOOKS AND SERVES APPROXIMATELY 600 CHILDREN ANNUALLY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $72,391

Program Service Revenue $0

Investment Income $69

Other Revenue $0

TOTAL REVENUE $72,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $2,679

Program Expenses $40,070

Other Expenses $55,693

TOTAL EXPENSES $55,693

Year-over-Year Comparison

	2018	2017	Change
Revenue	$72,460	$70,318	+0.0%
Expenses	$55,693	$61,196	-0.1%
Net Income	$16,767	$9,122	+0.8%

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

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH LAGOMARSINO	BOARD MEMBER	5.00	Director	$0	$0	$0
DONNA OROSCO	BOARD MEMBER	10.00	Director	$0	$0	$0
KAREN VANNI	BOARD MEMBER	5.00	Director	$0	$0	$0
DEBORAH SIERRA	BOARD MEMBER	5.00	Director	$0	$0	$0
ANNE FULMER	BOARD MEMBER	10.00	Director	$0	$0	$0
BETH MCAULIFF	BOARD MEMBER	5.00	Director	$0	$0	$0
TERESA RAMOS	BOARD MEMBER	5.00	Director	$0	$0	$0
CYDNEY OSTER	TREASURER	5.00	Officer Director	$0	$0	$0
NANCY LOLIVA	BOARD MEMBER	5.00	Director	$0	$0	$0
ANN BRODERSEN	PRESIDENT	10.00	Officer Director	$0	$0	$0
ROSE RAINS	VICE PRESIDENT	5.00	Director	$0	$0	$0
BECKY RICHERT	BOARD MEMBER	10.00	Director	$0	$0	$0
KATIE MANN	SECRETARY	10.00	Officer Director	$0	$0	$0
SUE SANDERS	BOARD MEMBER	10.00	Director	$0	$0	$0
TULSI GUPTA	BOARD MEMBER	5.00	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
2019	$72,460	$55,693	$177,995	$16,767