Read Early and Daily READ

EIN: 823345797 501(c)(3) Education

Arlington, VA

Total Revenue
$417,801
Total Expenses
$394,625
Total Assets
$262,978
Net Assets
$194,032
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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
VA
Principal Officer
Lauren Harris
Phone
2024126655
Tax Period
2025-01-01 to 2025-12-31

Read Early and Daily READ, founded in 2017, is a small nonprofit in the Education sector that reported $418K in total revenue in fiscal year 2025. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $395K left a modest 6% surplus.

Mission

Empower families to foster empathy, curiosity, and self-confidence in their young children through the joy of reading together every day. Provide new, quality, mirror and window books to babies and young children.

Program Service Accomplishments

Program 1
Expenses: $336,931 Revenue: $0

Ensure babies and young children have new, quality, culturally relevant books of their own that are mirrors and windows into their everyday lives and communities.

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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 (2025)

Revenue Breakdown

Contributions & Grants $205,414
Program Service Revenue $12,329
Investment Income $364
Other Revenue $199,694
TOTAL REVENUE $417,801

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,047
Fundraising Expenses $17,166
Program Expenses $336,931
Other Expenses $205,578
TOTAL EXPENSES $394,625

Year-over-Year Comparison

2025 2024 Change
Revenue $417,801 $291,124 +0.4%
Expenses $394,625 $264,563 +0.5%
Net Income $23,176 $26,561 -0.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
15
Volunteers
75

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
7
$32,565
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Hopkins President 2.00
Officer Director
$0 $0 $0
Nadya Abu-Rish Secretary 2.00
Officer Director
$0 $0 $0
Jeffrey Joseph Director 2.00
Director
$0 $0 $0
Michelle Bieber Director 1.00
Director
$0 $0 $0
Jill Flack Director 1.00
Director
$0 $0 $0
Jennifer Sauter-Price Executive Director 20.00
Officer
$32,565 $0 $32,565
Elisa Rosman President-elect 1.00
Officer Director
$0 $0 $0
Lauren Harris Treasurer 1.00
Officer Director
$0 $0 $0
Joanna Beituni Director 1.00
Officer
$0 $0 $0
Rupa Bhattacharyya Director 1.00
Officer
$0 $0 $0
Ashley Martinage Director 1.00
Director
$0 $0 $0
Geetika Tandon Director 1.00
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 $417,801 $394,625 $262,978 $23,176
2024 $291,124 $264,563 $349,780 $26,561
2023 $340,582 $213,860 $271,525 $126,722
2022 $159,854 $158,361 $115,268 $1,493
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