READ2GETHER FOUNDATION 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

2015

Legal Domicile

Principal Officer

JOHN GUAGLIARDO

Phone

4152373054

Tax Period

2021-01-01 to 2021-12-31

Mission

TO PROMOTE LITERACY AND PROVIDE TO EDUCATIONAL INSTITUTIONS AND OTHER NOT-FOR-PROFT INSTITUTIONS ENCOURAGEMENT TO CONDUCT RECREATIONAL READING PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $96

(I) TO PROMOTE LITERACY AND PROVIDE TO EDUCATIONAL INSTITUTIONS AND OTHER NOT-FOR-PROFIT INSTITUTIONS ENCOURAGEMENT TO CONDUCT RECREATIONAL READING PROGRAMS. (II) TO OPERATE EXCLUSIVELY FOR...

(I) TO PROMOTE LITERACY AND PROVIDE TO EDUCATIONAL INSTITUTIONS AND OTHER NOT-FOR-PROFIT INSTITUTIONS ENCOURAGEMENT TO CONDUCT RECREATIONAL READING PROGRAMS. (II) TO OPERATE EXCLUSIVELY FOR CHARITABLE, LITERARY, EDUCATIONAL, AND SCIENTIFIC PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96

Other Expenses $96

TOTAL EXPENSES $96

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	$96	$98	0.0%
Net Income	N/A	$-98	N/A

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALLY AMOS	DIRECTOR	5.00	Director	$0	$0	$0
JOHN GUAGLIARDO	PRESIDENT	5.00	Officer Director	$0	$0	$0
NICK PORRECA	DIRECTOR	5.00	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
2021	No data	$96	No data	No data