Right To Read

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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

2020

Legal Domicile

Principal Officer

Tenesha Jedkins Smith

Phone

8323410566

Tax Period

2024-10-01 to 2025-09-30

Right To Read, founded in 2020, is a small nonprofit in the Education sector that reported $101K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 24% operating margin.

Mission

At Right To Read, our mission is to empower families and students at risk of reading failure by providing comprehensive literacy support and resources. We believe literacy is the foundation of academic success and lifelong learning,and every child deserves the opportunity to unlock their full potential.

Program Service Accomplishments

Program 1

Student Support Right To Read continued to provide targeted reading support to students at risk of reading failure at a low cost to families.

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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 $100,675

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $100,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81

Fundraising Expenses $0

Other Expenses $76,325

TOTAL EXPENSES $76,406

Year-over-Year Comparison

	2024	2023	Change
Revenue	$100,675	$67,553	+0.5%
Expenses	$76,406	$27,811	+1.7%
Net Income	$24,269	$39,742	-0.4%

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

N/A

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
Asatacia Payton	Chair	010.00	Officer	$0	$0	$0
Dameka Harrison	Member	010.00	Officer	$0	$0	$0
Regina Staffa	Chair of Finance	010.00	Officer	$0	$0	$0
Brittany Weisser	Secretary	010.00	Officer	$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	$100,675	$76,406	$57,549	$24,269