REACH OUT AND READ COLORADO (EIN 861172160) - Form 990 Financial Analysis & Trantor Score

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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

2006

Legal Domicile

Principal Officer

PATTY FONTNEAU

Phone

3036233800

Tax Period

2024-07-01 to 2025-06-30

REACH OUT AND READ COLORADO, founded in 2006, is a community nonprofit in the Youth Development sector that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $2.1M left a modest 8% surplus.

Mission

THE REACH OUT AND READ COLORADO MISSION IS TO IMPROVE SCHOOL READINESS AND SOCIAL-EMOTIONAL SKILLS THROUGH TRUSTED LITERACY GUIDANCE AND READING TOGETHER.

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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 $2,012,426

Program Service Revenue $207,825

Investment Income $26,533

Other Revenue $44,520

TOTAL REVENUE $2,291,304

Expense Breakdown

Grants Paid $889,206

Salaries & Benefits $861,310

Fundraising Expenses $279,312

Program Expenses $1,665,295

Other Expenses $355,913

TOTAL EXPENSES $2,106,429

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,291,304	$1,516,983	+0.5%
Expenses	$2,106,429	$1,525,298	+0.4%
Net Income	$184,875	$-8,315	-23.2%

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

2434

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

$166,573

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATTY FONTNEAU	CEO	40.00	Officer	$144,742	$21,831	$166,573
SCOTT HILD	CHAIR	1.00	Officer Director	$0	$0	$0
EMMA BODINE CPA	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELLE SHIFFMAN MD	MEDICAL DIRE	1.00	Director	$0	$0	$0
DAN ALVAREZ	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE ASSINI	DIRECTOR	1.00	Director	$0	$0	$0
STEVE BAIN JD	DIRECTOR	1.00	Director	$0	$0	$0
SERENA BRUZGO	DIRECTOR	1.00	Director	$0	$0	$0
DEE DANIELS RN CPNP	DIRECTOR	1.00	Director	$0	$0	$0
MAGGIE DEHN	DIRECTOR	1.00	Director	$0	$0	$0
SUZY JAEGER	DIRECTOR	1.00	Director	$0	$0	$0
JON LEHMANN	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGITT MITCHELL EDD MBA	DIRECTOR	1.00	Director	$0	$0	$0
JOE NIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
RUBEN RUEDA	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SANCHEZ MSN RN	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
KERRI WEBSTER	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY WHITE MD	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	$2,291,304	$2,106,429	$1,649,662	$184,875
2024	$1,516,983	$1,525,298	$1,437,822	$-8,315
2023	$1,689,928	$1,689,244	$1,202,172	$684
2022	$1,660,617	$1,387,395	$1,205,392	$273,222
2021	$1,438,564	$1,277,599	$1,070,170	$160,965
2020	$957,301	$1,079,355	$900,737	$-122,054
2018	$950,356	$1,136,977	$1,136,901	$-186,621

REACH OUT AND READ COLORADO