Readiness To Learn

EIN: 911864751 501(c)(3) Education

Langley, WA

Total Revenue
$680,427
Total Expenses
$559,847
Total Assets
$250,608
Net Assets
$220,983
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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
1996
Legal Domicile
WA
Principal Officer
Cailyn Murray
Phone
3602216808
Tax Period
2024-07-01 to 2025-06-30

Readiness To Learn, founded in 1996, is a small nonprofit in the Education sector that reported $680K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 18% operating margin.

Mission

To facilitate the creative efforts of schools, community, and families to develop supports that enrich every child's readiness to learn.

Program Service Accomplishments

Program 1
Expenses: $448,502

Student and family support including academic coaching, family advocacy, basic need resources and referrals. Clothing and school supplies.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $680,427
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $680,427

Expense Breakdown

Grants Paid $121,750
Salaries & Benefits $306,800
Fundraising Expenses $18,232
Program Expenses $448,502
Other Expenses $131,297
TOTAL EXPENSES $559,847

Year-over-Year Comparison

2024 2023 Change
Revenue $680,427 $518,982 +0.3%
Expenses $559,847 $602,144 -0.1%
Net Income $120,580 $-83,162 -2.4%
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

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Governance

Voting Members
8
Independent Members
6
Employees
11
Volunteers
50

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
6
$46,027
Total Directors
10
$46,027
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cailyn Murray Co-Director 40.00
Officer Director
$46,027 $0 $46,027
BJ Hoogerwerf President 2.00
Officer Director
$0 $0 $0
Harriet Arnold Vice President 2.00
Officer Director
$0 $0 $0
Alison McManus Secretary 2.00
Officer Director
$0 $0 $0
Debbie Mahler Treasurer 2.00
Officer Director
$0 $0 $0
Rebecca Blankenship Board Member 1.00
Director
$0 $0 $0
Tina Hinojos Board Member 1.00
Director
$0 $0 $0
Gail LaVassar Board Member 1.00
Director
$0 $0 $0
Nancy Schmidt Board Member 1.00
Director
$0 $0 $0
Gail LaVassar Co-Director 1.00
Officer 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 $680,427 $559,847 $250,608 $120,580
2024 $518,982 $602,144 $152,045 $-83,162
2023 $537,891 $497,831 $213,632 $40,060
2022 $530,695 $515,047 $191,161 $15,648
2021 $488,837 $506,665 $178,642 $-17,828
2020 $490,641 $426,828 $168,395 $63,813
2019 $357,950 $333,922 $106,068 $24,028
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