SING OUT AND READ INC (EIN 800731246) - 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

2011

Legal Domicile

Principal Officer

JAY GRAHAM

Phone

8137813008

Tax Period

2024-01-01 to 2024-12-31

SING OUT AND READ INC, founded in 2011, is a small nonprofit in the Education sector that reported $806K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO IMPROVE LITERACY LEVELS BY HELPING STUDENTS ADVANCE TO READ AT THEIR APPROPRIATE GRADE LEVEL USING SINGING AS A CRITICAL PART OF THE LEARNING PROCESS.

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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 $735,777

Program Service Revenue $70,500

Investment Income $0

Other Revenue $55

TOTAL REVENUE $806,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $375,742

Fundraising Expenses $79,633

Program Expenses $686,988

Other Expenses $489,683

TOTAL EXPENSES $865,425

Year-over-Year Comparison

	2024	2023	Change
Revenue	$806,332	$861,818	-0.1%
Expenses	$865,425	$871,000	0.0%
Net Income	$-59,093	$-9,182	+5.4%

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

$85,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF HEARN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
LINDA MARCELLI	CO-CHAIR	1.00	Officer Director	$0	$0	$0
PETER BETZER	DIRECTOR	1.00	Director	$0	$0	$0
BETH ENGLAND	DIRECTOR	1.00	Director	$0	$0	$0
LARRY BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
NICK GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
CARISSA HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES CARLO FRANZBLAU	DIRECTOR	1.00	Director	$0	$0	$0
DIANE EGNER	DIRECTOR	1.00	Director	$0	$0	$0
TRISH MESSINA	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER FRISINGER THRU JAN 24	EXECUTIVE DIRECTOR	40.00	Officer	$4,615	$0	$4,615
JAY GRAHAM JAN 24-PRESENT	EXECUTIVE DIRECTOR	40.00	Officer	$80,385	$0	$80,385

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
2024	$806,332	$865,425	$61,224	$-59,093
2023	$861,818	$871,000	$135,698	$-9,182
2022	$950,731	$864,028	$122,960	$86,703
2021	$575,102	$626,774	$87,490	$-51,672
2020	$432,341	$384,490	$84,716	$47,851
2019	$338,276	$309,593	$59,039	$28,683

SING OUT AND READ INC