WE SHALL READ (EIN 861665696) - 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

2021

Legal Domicile

Principal Officer

JENNIFER ARNOLD

Phone

7348129136

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

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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 $343,556

Program Service Revenue $61,201

Investment Income $3,196

Other Revenue $0

TOTAL REVENUE $407,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,136

Fundraising Expenses $11,206

Program Expenses $236,665

Other Expenses $242,687

TOTAL EXPENSES $351,823

Year-over-Year Comparison

	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%

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

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

$97,183

Total Directors

$97,183

Key Employees

Highest Compensated

reported

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

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
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

WE SHALL READ