ReadAloudorg (EIN 800619907) - Form 990 Financial Analysis & Trantor Score

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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

2010

Legal Domicile

Principal Officer

Candace Kendle

Phone

5134488140

Tax Period

2024-07-01 to 2025-06-30

ReadAloudorg, founded in 2010, is a micro nonprofit in the Education sector that reported $62K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $336K exceeded revenue, resulting in a 441% operating deficit.

Mission

Read Aloud 15 MINUTES' mission is to increase child readiness for school and educate parents by teaching them why reading aloud for at least 15 minutes every day, beginning at birth, matters.

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,050

Program Service Revenue $0

Investment Income $34,990

Other Revenue $0

TOTAL REVENUE $62,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $208,853

Fundraising Expenses $3,356

Program Expenses $268,671

Other Expenses $126,985

TOTAL EXPENSES $335,838

Year-over-Year Comparison

	2024	2023	Change
Revenue	$62,040	$153,201	-0.6%
Expenses	$335,838	$296,918	+0.1%
Net Income	$-273,798	$-143,717	+0.9%

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

$187,910

Total Directors

$187,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kendle Bryan	Executive Dir.	40.00	Officer Director	$110,000	$0	$110,000
Wendy Taylor	Secretary	30.00	Officer Director	$77,910	$0	$77,910
Candace Kendle	President	10.00	Officer 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	$62,040	$335,838	$622,682	$-273,798
2024	$153,201	$296,918	$870,705	$-143,717
2023	$40,162	$306,694	$976,693	$-266,532
2022	$762,206	$251,501	$1,204,338	$510,705
2021	$464,600	$213,502	$718,551	$251,098

ReadAloudorg