REACH OUT AND READ MINNESOTA

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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

KRISTEN HOPLIN

Phone

6122501217

Tax Period

2024-07-01 to 2025-06-30

REACH OUT AND READ MINNESOTA, founded in 2016, is a small nonprofit in the Education sector that reported $542K in total revenue in fiscal year 2024.

Mission

REACH OUT AND READ GIVES YOUNG CHILDREN A FOUNDATION FOR SUCCESS BY INCORPORATING BOOKS INTO PEDIATRIC CARE AND ENCOURAGING FAMILIES TO READ ALOUD TOGETHER.

Program Service Accomplishments

Program 1

Expenses: $394,714 Revenue: $0

WE SEEK TO STRENGTHEN ALL FAMILIES WITH YOUNG CHILDREN IN MINNESOTA THROUGH GUIDANCE FROM MEDICAL CLINICIANS ABOUT NURTURING RELATIONSHIPS THROUGH SHARED READING.WE PARTNER WITH OVER 300 CLINICS...

WE SEEK TO STRENGTHEN ALL FAMILIES WITH YOUNG CHILDREN IN MINNESOTA THROUGH GUIDANCE FROM MEDICAL CLINICIANS ABOUT NURTURING RELATIONSHIPS THROUGH SHARED READING.WE PARTNER WITH OVER 300 CLINICS ACROSS MINNESOTA TO PROVIDE BOOKS AND DEVELOPMENTAL GUIDANCE TO YOUNG CHILDREN AND THEIR FAMILIES AND CARETAKERS DURING ROUTINE WELL-CHILD VISITS. OUR PROGRAM IS ENDORSED BY THE AMERICAN ACADEMY OF PEDIATRICS AND IS BASED IN RECENT RESEARCH AROUND EARLY CHILDHOOD BRAIN DEVELOPMENT AND EARLY RELATIONAL HEALTH. OUR CLINICS DISTRIBUTE OVER 300,000 NEW BOOKS TO YOUNG CHILDREN AND THEIR FAMILIES 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 (2024)

Revenue Breakdown

Contributions & Grants $542,270

Program Service Revenue $0

Investment Income $3,569

Other Revenue $-4,306

TOTAL REVENUE $541,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $316,889

Fundraising Expenses $43,886

Program Expenses $394,714

Other Expenses $233,041

TOTAL EXPENSES $549,930

Year-over-Year Comparison

	2024	2023	Change
Revenue	$541,533	$555,467	0.0%
Expenses	$549,930	$572,718	0.0%
Net Income	$-8,397	$-17,251	-0.5%

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

$104,701

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAIVY THOMPSON	CHAIR	2.00	Officer Director	$0	$0	$0
KATE KEIPER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DR MOLLY MARTYN	SECRETARY	2.00	Officer Director	$0	$0	$0
LIZA SOTO DE CICHOWICZ	TREASURER	2.00	Officer Director	$0	$0	$0
GREG BROLSMA	DIRECTOR	2.00	Director	$0	$0	$0
DR GIGI CHAWLA	DIRECTOR	2.00	Director	$0	$0	$0
DR NATHAN CHOMILO	DIRECTOR	2.00	Director	$0	$0	$0
OLCAY CINAR	DIRECTOR	2.00	Director	$0	$0	$0
TRICIA DEGE	DIRECTOR	2.00	Director	$0	$0	$0
AMY FIELDS	DIRECTOR	2.00	Director	$0	$0	$0
LAUREN GILCHRIST	DIRECTOR	2.00	Director	$0	$0	$0
ALICIA HUCKLEBY	DIRECTOR	2.00	Director	$0	$0	$0
JOHN MARKHAM	DIRECTOR	2.00	Director	$0	$0	$0
DR MIKE MERCER	DIRECTOR	2.00	Director	$0	$0	$0
ANNA REGAS PAULSON	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINA TIBESAR	DIRECTOR	2.00	Director	$0	$0	$0
DR LEANN WEST	DIRECTOR	2.00	Director	$0	$0	$0
KRISTEN HOPLIN	EXECUTIVE DIRECTOR	40.00	Officer	$100,501	$4,200	$104,701

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	$541,533	$549,930	$195,494	$-8,397
2024	$555,467	$572,718	$197,715	$-17,251
2023	$358,270	$394,962	$208,727	$-36,692
2022	$327,314	$310,887	$250,754	$16,427
2021	$253,387	$237,887	$230,137	$15,500
2020	$315,974	$263,454	$213,930	$52,520
2019	$266,806	$179,771	$164,142	$87,035
2018	$204,399	$172,445	$71,635	$31,954