READWEST INC (EIN 850381570) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Principal Officer

CYNDY RATLIFF

Phone

5058921131

Tax Period

2024-07-01 to 2025-06-30

READWEST INC is a small nonprofit in the Education sector that reported $186K in total revenue in fiscal year 2024. Expenses of $214K exceeded revenue, resulting in a 15% operating deficit.

Mission

IMPROVE ADULT LITERACY THROUGH QUALITY IN-PERSON OR DIGITAL ONE-TO-ONE TUTORING AND/OR CLASSES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $183,850

Program Service Revenue $0

Investment Income $1,652

Other Revenue $0

TOTAL REVENUE $185,502

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,710

Fundraising Expenses $3,689

Program Expenses $213,744

Other Expenses $66,034

TOTAL EXPENSES $213,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,502	N/A	N/A
Expenses	$213,744	N/A	N/A
Net Income	$-28,242	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$61,867

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
S FOX	PRESIDENT	1	Officer Director	$0	$0	$0
P TEMPLETON	VICE PRES	1	Officer Director	$0	$0	$0
M LUX	TREASURER	1	Officer Director	$0	$0	$0
J GERHART	SECRETARY	1	Officer Director	$0	$0	$0
L JENNINGS	MEMBER	1	Director	$0	$0	$0
R CAREY	MEMBER	1	Director	$0	$0	$0
L PIERING	MEMBER	1	Director	$0	$0	$0
C RATLIFF	EXEC DIR	40	Key Emp	$61,867	$0	$61,867

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	$185,502	$213,744	$143,433	$-28,242
2023	$225,160	$189,472	$175,727	$35,688
2022	$243,890	$201,524	$140,039	$42,366
2021	$250,397	$192,575	$152,473	$57,822
2019	$109,616	$129,053	$40,239	$-19,437
2018	$104,851	$112,654	$59,550	$-7,803

READWEST INC