READING TO KIDS (EIN 954758698) - 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

1999

Legal Domicile

Principal Officer

Jason K Axe

Phone

3104797455

Tax Period

2023-07-01 to 2024-06-30

READING TO KIDS, founded in 1999, is a small nonprofit in the Education sector that reported $210K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

Reading to Kids is a grassroots organization dedicated to inspiring underserved children with a love of reading, thereby enriching their lives and opportunities for future success. Reading to Kids organizes monthly reading clubs at Los Angeles area elementary schools.

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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 (2023)

Revenue Breakdown

Contributions & Grants $205,284

Program Service Revenue $0

Investment Income $7,006

Other Revenue $-2,459

TOTAL REVENUE $209,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $143,623

Fundraising Expenses $27,632

Program Expenses $160,902

Other Expenses $73,577

TOTAL EXPENSES $217,200

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,831	$250,583	-0.2%
Expenses	$217,200	$198,947	+0.1%
Net Income	$-7,369	$51,636	-1.1%

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

850

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Axe	Treasurer	10	Officer Director	$0	$0	$0
Robyn Chew	President	1	Officer Director	$0	$0	$0
Matthew Jones	Board Member	1	Director	$0	$0	$0
Mark May	Board Member	2	Director	$0	$0	$0
Sean Morris	Secretary	1	Officer Director	$0	$0	$0
Ali Oktay	Board Member	1	Director	$0	$0	$0
Richard Shimano	Board Member	2	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	No data	No data	No data	No data
2024	$209,831	$217,200	$302,262	$-7,369
2023	$250,583	$198,947	$300,965	$51,636
2022	$229,332	$175,031	$249,643	$54,301
2021	$237,888	$169,058	$213,100	$68,830
2020	$200,722	$189,941	$142,530	$10,781
2019	$213,448	$199,069	$113,898	$14,379

READING TO KIDS