READ TO ME INTERNATIONAL FOUNDATION (EIN 990327529) - 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

1996

Legal Domicile

Principal Officer

DANNAH BARNES

Phone

8089557600

Tax Period

2024-07-01 to 2025-06-30

READ TO ME INTERNATIONAL FOUNDATION, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $581K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Net assets of $1.2M represent 25 months of operating reserves.

Mission

THE MISSION OF THE FOUNDATION IS TO SHARE THE LOVE AND JOY OF READING ALOUD.

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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 $482,232

Program Service Revenue $31,495

Investment Income $37,674

Other Revenue $29,239

TOTAL REVENUE $580,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $302,531

Fundraising Expenses $24,039

Program Expenses $339,891

Other Expenses $323,778

TOTAL EXPENSES $626,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$580,640	$838,725	-0.3%
Expenses	$626,309	$614,884	+0.0%
Net Income	$-45,669	$223,841	-1.2%

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

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

$101,115

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNNE WAIHEE	FOUNDER	3.00	Officer	$0	$0	$0
WENONA HARRIS	CHAIR	2.00	Officer Director	$0	$0	$0
DAVID LEE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAYDENCE M GOYA	SECRETARY	1.00	Officer Director	$0	$0	$0
DOROTHY JEAN GRICE	DIRECTOR	1.00	Director	$0	$0	$0
JUNE NAKAMURA	DIRECTOR	1.00	Director	$0	$0	$0
MOLLIE SPERRY	DIRECTOR	1.00	Director	$0	$0	$0
HALE TAKAZAWA	DIRECTOR	1.00	Director	$0	$0	$0
JO ANNE VIEIRA	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE TUDELA	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE LUKACS	DIRECTOR	1.00	Director	$0	$0	$0
JASMINE GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA LEONG-THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
DANNAH BARNES	EXECUTIVE DI	40.00	Officer	$90,337	$10,778	$101,115

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	$580,640	$626,309	$1,453,585	$-45,669
2024	$838,725	$614,884	$1,243,622	$223,841
2023	$555,842	$464,016	$1,025,534	$91,826
2022	$456,420	$275,781	$904,964	$180,639
2021	$526,048	$246,943	$750,532	$279,105
2020	$389,339	$319,539	$560,844	$69,800
2019	$423,237	$347,693	$397,476	$75,544
2018	$266,439	$287,706	$341,961	$-21,267

READ TO ME INTERNATIONAL FOUNDATION