THE READING INSTITUTE

EIN: 934843895 501(c)(3) Education

NEW YORK, NY

Total Revenue
$2,087,529
Total Expenses
$823,822
Total Assets
$1,296,337
Net Assets
$1,263,707
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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
2023
Legal Domicile
DE
Principal Officer
CHRISTINA OLIVER
Phone
9177457797
Tax Period
2024-01-01 to 2024-12-31

THE READING INSTITUTE, founded in 2023, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 61% operating margin.

Mission

IMPROVE EARLY LITERACY OUTCOMES BY EXPANDING ACCESS TO HIGH-QUALITY, EVIDENCE-BASED READING INSTRUCTION.

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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 $2,020,000
Program Service Revenue $67,480
Investment Income $49
Other Revenue $0
TOTAL REVENUE $2,087,529

Expense Breakdown

Grants Paid $252,379
Salaries & Benefits $441,141
Fundraising Expenses $51,581
Program Expenses $681,265
Other Expenses $130,302
TOTAL EXPENSES $823,822

Year-over-Year Comparison

2024 2023 Change
Revenue $2,087,529 N/A N/A
Expenses $823,822 N/A N/A
Net Income $1,263,707 $0 N/A
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
4
Independent Members
3
Employees
N/A
Volunteers
3

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
3
$264,689
Total Directors
4
$89,687
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINA OLIVER EXECUTIVE DIRECTOR 40.00
Officer Director
$87,500 $2,187 $89,687
JAYNE BENTZEN PRESIDENT 1.00
Officer Director
$0 $0 $0
DIANE ARCHER DIRECTOR 1.00
Director
$0 $0 $0
ANDREW FLETCHER DIRECTOR 1.00
Director
$0 $0 $0
KATHARINE PACE MILES PRESIDENT AND FOUNDER 40.00
Officer
$175,002 $0 $175,002
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 No data No data No data No data
2024 $2,087,529 $823,822 $1,296,337 $1,263,707
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