READERS 2 LEADERS (EIN 900641325) - 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

Formation Year

2010

Legal Domicile

Principal Officer

NORMA NELSON

Phone

2149050095

Tax Period

2024-07-01 to 2025-06-30

READERS 2 LEADERS, founded in 2010, is a community nonprofit in the Youth Development sector that reported $2.1M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

To equip students for success through the power of reading.

🔒

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 $1,370,602

Program Service Revenue $698,641

Investment Income $33,607

Other Revenue $1,410

TOTAL REVENUE $2,104,260

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,898,500

Fundraising Expenses $321,753

Program Expenses $1,756,208

Other Expenses $465,208

TOTAL EXPENSES $2,363,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,104,260	$2,704,069	-0.2%
Expenses	$2,363,708	$2,416,388	0.0%
Net Income	$-259,448	$287,681	-1.9%

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

109

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

$143,445

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMA NELSON	President & CEO	40.00	Officer	$130,614	$12,831	$143,445
RAMANDEEP GILL	BOARD MEMBER	1.00	Director	$0	$0	$0
MATT CHANCE	Treasurer	1.00	Officer Director	$0	$0	$0
ANN MONTGOMERY	BOARD MEMBER	1.00	Director	$0	$0	$0
BEJA WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
JORDAN D'SILVA	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER OWEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEVRON ARMSTRONG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CATHY HELMBRECHT	BOARD MEMBER	1.00	Director	$0	$0	$0
APRIL HONORE	BOARD MEMBER	1.00	Director	$0	$0	$0
LEEANN MALLORY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA PAYNE	Secretary	1.00	Officer Director	$0	$0	$0
LAUREN LOVE	BOARD MEMBER	1.00	Director	$0	$0	$0
JANIE CISNEROS	Chairman	1.00	Officer Director	$0	$0	$0
LEIGH ANN RIPKA	BOARD MEMBER	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	$2,104,260	$2,363,708	$2,524,136	$-259,448
2024	$2,704,069	$2,416,388	$2,864,468	$287,681
2023	$2,550,177	$2,171,855	$2,672,056	$378,322
2022	$2,352,330	$2,068,679	$1,915,563	$283,651
2021	$1,357,490	$1,425,289	$1,793,536	$-67,799
2020	$1,848,311	$1,322,623	$1,978,917	$525,688
2019	$1,261,445	$897,130	$853,479	$364,315
2018	$972,468	$799,404	$487,493	$173,064

READERS 2 LEADERS