Read Alliance INC
Teens tutor young students in reading to boost their education in underserved areas. For fiscal year 2025 it reported $4.4M in revenue, $4.8M in expenses, and $3.6M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Education
- Location
- New York, NY
- Website
- www.readalliance.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Danielle Guindo’s $253K as Executive Director is at the 91st percentile of top reported officer pay among 3392 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 6 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Danielle Guindo | $253,000 | $245,846 | $220,789 | $200,731 | $184,840 | $173,500 |
| Yvette Russell | $191,000 | $190,673 | $166,615 | — | — | $133,500 |
| Russell Yvette | — | — | — | $155,067 | $142,525 | — |
| Marcos Clander | $120,750 | $115,442 | $108,310 | — | — | — |
| Patricia Maclean | $110,250 | $105,404 | — | — | — | — |
| Valerie Burgos | $105,000 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Early literacy program- read alliance's unique early literacy program is 45 sessions, and provides 90 minutes of programming per day in two parts: 1) a 45-MINUTE session of one-to-one, individualized literacy intervention using a structured, phonics-based curriculum delivered to the younger read alliance students by paid read alliance…
Teen leadership program- teen leaders are engaged in meaningful after school employment for 90 minutes a day, for a minimum of three days a week, at a nearby elementary school, earning an average of between $600-$1,000 over 45 sessions.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 80% | — | — |
| Overhead ratio | 9% | — | — |
| Fundraising cost ratio | 13% | — | — |
| Revenue growth | -12% | — | — |
| Accounting fee ratio | 0.4% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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