FARMINGTON, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WE SHALL READ, founded in 2021, is a small nonprofit in the Education sector that reported $408K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $352K left a modest 14% surplus.
TO TRAIN AND MENTOR TEACHERS, TUTORS, AND PARENTS IN BRAIN FRIENDLY INSTRUCTIONAL STRATEGIES THAT IMPROVE CHILDRENS READING, SPELLIING, AND WRITING REGARDLESS OF THEIR AGE, ABILITY, OR BACKGROUND. WSR IS CREATING SUSTAINABLE CHANGE - ONE EDUCATOR, ONE CHILD, AND ONE COMMUNITY AT A TIME.
Through our intensive 30 hour certification program, 115 new tutors and educators were equipped with the skills to deliver high-impact rading instruction.Additionally, 301 classroom teachers and...
Through our intensive 30 hour certification program, 115 new tutors and educators were equipped with the skills to deliver high-impact rading instruction.Additionally, 301 classroom teachers and specialists across Michigan received more than 5,130 hours of professional development and individualized classroom support. WSEs unique model ensures that training doesnt end in the workshop. Educators receive ongoing mentorship, group coaching, access to a curated library of instructional videos, and extended opportunites to refine their practice with expert guidance. Our commitment to literacy extended beyond schools. in 2024, WSR collaborated with community organization such as the Detroit Riverfront Conservancy to support their Reading Rhythm program and partnered with the Dearborn Public Library to offer family-centered literacy outreach at events like the Dearborn Summer Market. These partnerships allow us to extend our impact into neighborhoods reaching families directly.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $407,953 | $543,873 | -0.2% |
| Expenses | $351,823 | $389,928 | -0.1% |
| Net Income | $56,130 | $153,945 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KRISTIN DWYER | EXECUTIVE DIRECTOR | 040.00 |
Officer
Director
|
$97,183 | $0 | $97,183 |
| JENNIFER ARNOLD | PRESIDENT | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| RYCHEE VETOR | TREASURER | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLE ST LAURENT | SECRETARY | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR LAUREN STEVENSON | MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| DR FARAH JALLOUL | MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| MARK LAGINESS | MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $407,953 | $351,823 | $422,850 | $56,130 |
| 2023 | $543,873 | $389,928 | $377,421 | $153,945 |
| 2022 | $284,693 | $172,500 | $228,273 | $112,193 |
| 2021 | $164,792 | $73,609 | $91,183 | $91,183 |
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