LEAD TO READ 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

2017

Legal Domicile

Principal Officer

RHEA LEGRANDE

Phone

8165437759

Tax Period

2024-07-01 to 2025-06-30

LEAD TO READ INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

TO SUPPORT THE SOCIAL, EMOTIONAL, AND READING SKILLS THAT ARE FOUNDATIONAL FOR STUDENT SUCCESS BY ADVANCING OUR LITERACY PLATFORM AND MOBILIZING COMMUNITY VOLUNTEERS.

Program Service Accomplishments

Program 1

Expenses: $871,478 Revenue: $164,346

COORDINATION OF WEEKLY ON-ON-ONE READING VOLUNTEER MENTORS IN KINDERGARTEN THROUGH 3RD GRADE CLASSROOMS ACROSS THE GREATER KANSAS CITY AREA IN ADDITION TO TUTORING, COMMUNITITY BOOK DISTRIBUTION, AND...

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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 $922,882

Program Service Revenue $164,346

Investment Income $21,112

Other Revenue $-23,228

TOTAL REVENUE $1,085,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $808,281

Fundraising Expenses $158,370

Program Expenses $871,478

Other Expenses $305,267

TOTAL EXPENSES $1,169,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,085,112	$913,994	+0.2%
Expenses	$1,169,948	$1,119,170	+0.0%
Net Income	$-84,836	$-205,176	-0.6%

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

1828

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

$66,222

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHEA LEGRANDE	EXECUTIVE DI	4.00	Officer	$66,222	$0	$66,222
SUE AGRAWAL	MEMBER	2.00	Director	$0	$0	$0
BEN BRAVENCE	TREASURER	2.00	Officer Director	$0	$0	$0
DR JENNIFER COLLIER	MEMBER	2.00	Director	$0	$0	$0
SHAWN CREGER	MEMBER	2.00	Director	$0	$0	$0
CAROL ESPINOSA	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ERIC GRAHAM	CHAIR	2.00	Officer Director	$0	$0	$0
HOLLY JENKINS-LONG	MEMBER	2.00	Director	$0	$0	$0
DAVID LOWE	PAST CHAIR	2.00	Officer Director	$0	$0	$0
ELLEN PANTAENIUS	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK SWANSON	MEMBER	2.00	Director	$0	$0	$0
SCOTT SWEZY	MEMBER	2.00	Director	$0	$0	$0
TONY TEMPLE	MEMBER	2.00	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	$1,085,112	$1,169,948	$850,552	$-84,836
2024	$913,994	$1,119,170	$925,408	$-205,176
2023	$939,051	$786,620	$1,111,314	$152,431
2022	$859,884	$563,094	$958,883	$296,790
2021	$641,807	$338,224	$662,093	$303,583
2020	$453,884	$283,084	$390,501	$170,800
2019	$242,386	$192,928	$187,710	$49,458