THE READING LEAGUE INC

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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

2016

Legal Domicile

Principal Officer

MARIA MURRAY

Phone

3153622620

Tax Period

2024-01-01 to 2024-12-31

THE READING LEAGUE INC, founded in 2016, is a community nonprofit in the Education sector that reported $8.2M in total revenue in fiscal year 2024. Expenses of $7.7M left a modest 6% surplus.

Mission

TO ADVANCE AWARENESS, UNDERSTANDING, AND USE OF EVIDENCE-ALIGNED READING INSTRUCTION.

Program Service Accomplishments

Program 1

Expenses: $2,235,010 Revenue: $2,287,662

SERVICES - PROFESSIONAL DEVELOPMENT, COACHING, AND OTHER FEES - THE READING LEAGUE PROVIDES PROFESSIONAL DEVELOPMENT, COACHING, AND OTHER SERVICES TO SCHOOL DISTRICTS TO IMPROVE LITERACY OUTCOMES...

SERVICES - PROFESSIONAL DEVELOPMENT, COACHING, AND OTHER FEES - THE READING LEAGUE PROVIDES PROFESSIONAL DEVELOPMENT, COACHING, AND OTHER SERVICES TO SCHOOL DISTRICTS TO IMPROVE LITERACY OUTCOMES. PROGRAMS ARE BASED ON DISTRICT NEEDS AND CAN BE AS SHORT AS A DAY OR SPAN MULTIPLE YEARS.

Program 2

Expenses: $1,779,533 Revenue: $2,196,857

CONFERENCE - THE READING LEAGUE ANNUALLY HOLDS A CONFERENCE AND SUMMIT. SPEAKERS INCLUDE EXPERTS IN THE SCIENCE OF READING WHO PRESENT ON VARIOUS TOPICS CENTERED AROUND EVIDENCE-ALIGNED PRACTICES. IN...

Program 3

Expenses: $330,888 Revenue: $847,469

MERCHANDISE SALES - THE READING LEAGUE OFFERS PROFESSIONAL BOOKS AND RESOURCES, INCLUDING DECODABLE BOOKS FOR CLASSROOM USE THAT ARE ALIGNED WITH THE SCIENCE OF READING TO SUPPLEMENT CUSTOMERS'...

MERCHANDISE SALES - THE READING LEAGUE OFFERS PROFESSIONAL BOOKS AND RESOURCES, INCLUDING DECODABLE BOOKS FOR CLASSROOM USE THAT ARE ALIGNED WITH THE SCIENCE OF READING TO SUPPLEMENT CUSTOMERS' SCIENCE OF READING JOURNEY, AS WELL AS LOGOED MERCHANDISE.

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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 $2,259,963

Program Service Revenue $4,781,115

Investment Income $317,580

Other Revenue $847,469

TOTAL REVENUE $8,206,127

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,096,442

Fundraising Expenses $217,186

Program Expenses $6,362,700

Other Expenses $4,653,026

TOTAL EXPENSES $7,749,468

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,206,127	$7,733,588	+0.1%
Expenses	$7,749,468	$5,483,841	+0.4%
Net Income	$456,659	$2,249,747	-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

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

$231,542

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE FINN	CHAIR	5.00	Officer Director	$0	$0	$0
SHEILA CLONAN	MEMBER	2.00	Director	$0	$0	$0
EIMAN ABDULRAHMAN	MEMBER	2.00	Director	$0	$0	$0
AMY SIRACUSANO	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MICHELLE STORIE	MEMBER	2.00	Officer Director	$0	$0	$0
JILL RYAN	TREASURER	2.00	Officer Director	$0	$0	$0
ANTONIO FIERRO	MEMBER	2.00	Director	$0	$0	$0
MARIA MASTRIANO	MEMBER	2.00	Director	$0	$0	$0
MITCHELL BROOKINS	MEMBER	2.00	Director	$0	$0	$0
LINDA MILOSKY	MEMBER	2.00	Director	$0	$0	$0
MATTHEW NICHOLL	MEMBER	2.00	Director	$0	$0	$0
LAWRENCE SALAMINO	MEMBER	2.00	Director	$0	$0	$0
DEBORAH STUCK	MEMBER	2.00	Director	$0	$0	$0
DESMOND WILLIAMS	MEMBER	2.00	Director	$0	$0	$0
TIA JACKSON	MEMBER	2.00	Director	$0	$0	$0
SARAH GAFFNEY	MEMBER	2.00	Director	$0	$0	$0
MARIA MURRAY	CHIEF EXECUTIVE OFFICER	40.00	Officer	$210,325	$21,217	$231,542
HEIDI BEVERINE-CURRY	CHIEF ACADEMIC OFFICER	40.00	Highest	$163,333	$27,571	$190,904
CHRISTINE GOODMAN	CHIEF ADMINISTRATIVE OFFICER	40.00	Highest	$181,891	$19,807	$201,698
TONI ANN WALSH	CHIEF MARKETING OFFICER	40.00	Highest	$147,965	$20,027	$167,992

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	$8,206,127	$7,749,468	$11,846,400	$456,659
2023	$7,733,588	$5,483,841	$8,621,975	$2,249,747
2022	$4,181,035	$3,102,440	$6,614,629	$1,078,595
2021	$2,782,702	$2,236,285	$4,808,456	$546,417
2020	$2,169,026	$1,915,873	$2,958,965	$253,153
2019	$2,979,601	$2,000,835	$1,873,485	$978,766
2018	$351,757	$340,872	$2,041,442	$10,885