THE READING LEAGUE INC

EIN: 810820021 501(c)(3) Education

SYRACUSE, NY

Total Revenue
$8,206,127
Total Expenses
$7,749,468
Total Assets
$11,846,400
Net Assets
$5,616,179
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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
NY
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

TRL FOCUSES ON ADVANCING THE AWARENESS, UNDERSTANDING, AND USE OF EVIDENCE-ALIGNED INSTRUCTION TO IMPROVE STUDENT LITERACY OUTCOMES.

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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%)

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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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Governance

Voting Members
16
Independent Members
13
Employees
30
Volunteers
6

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
5
$231,542
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
3
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
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