Work to accelerate the educational trajectory of early elementary students through the power of teens who provide one-to-one literacy tutoring in under-resourced communities.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$356K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $368K a year · 10% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$356K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
11 mo
of spending, in cash
Looks good: 10.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $265K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$195K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
+5% vs prior year
Spent
$2.7M
To programs
78%
Net assets
$3.2M
By yearFY2020–FY2025
Revenue
$3.7M
FY2022▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$3.5M
FY2022$3.7M
FY2023$3.9M
FY2024$5.0M
FY2025$4.4M
Expenses
$2.7M
FY2022▲ +27%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$2.2M
FY2022$2.7M
FY2023$3.8M
FY2024$4.4M
FY2025$4.8M
Net assets
$3.2M
FY2022▲ +42%
Tap a bar for its year
Net assets by fiscal year
FY2020$898K
FY2021$2.2M
FY2022$3.2M
FY2023$3.3M
FY2024$4.0M
FY2025$3.6M

From the FY2022 Form 990 (year ending August 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $2.1M Management & general 9% · $240K Fundraising 13% · $368K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $356K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$200,731Pt VII · Sec A
Chief Prgm O
$155,067Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Danielle Guindo’s $253K as Executive Director is at the 91st percentile of top reported officer pay among 3394 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Teens tutor young students in reading to boost their education in underserved areas.

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2 programs · $2.1M · in their own filed words · FY2021
01

Early literacy program- read'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 levelled, a phonics-based curriculum delivered to the younger read students by paid read teen leaders, and 2) a…

$1.2Mprogram expense
02

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.

$940Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 3 funders$265K
See all 3 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.6M
Fees for servicesLn 2g$250K
Investment incomeLn 3$5K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.1M
Managementcol C$240K
Fundraisingcol D$368K
Owns and owesPt X
$3.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$3.4M
LiabilitiesLn 26$195K
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.6M
Government grantsLn 1e$233K
Fundraising eventsLn 1c$943K
Fees for servicesLn 2g$250K
Investment incomeLn 3$5K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$23K
SavingsLn 2$2.4M
Cash and savings togetherLn 1–2$2.4M
Land, buildings, equipmentLn 10c$48K
Other assetsLn 15$78K
Total assetsLn 16$3.4M
LiabilitiesLn 26$195K
Net assetsLn 32$3.2M
OperationsPt I, VI
EmployeesI 5853
VolunteersI 630
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$1.8M$2.4M
Land, buildings, equipmentLn 10c$68K$48K
Total assetsLn 16$2.4M$3.4M
LiabilitiesLn 26$149K$195K
Net assetsLn 32$2.2M$3.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$356K$296K$50K$10K
Other salaries and wagesLn 7$1.3M$1.1M$39K$143K
Other employee benefitsLn 9$104K$86K$7K$12K
Payroll taxesLn 10$136K$116K$7K$12K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$340K$119K$88K$133K
Office expensesLn 13$78K$72K$2K$5K
Information technologyLn 14$49K$42K$3K$5K
OccupancyLn 16$143K$115K$14K$14K
TravelLn 17$45K$40K$2K$3K
Depreciation, depletion and amortizationLn 22$27K$22K$2K$3K
InsuranceLn 23$85K$73K$5K$8K
Other expenses (24a–d)Ln 24$85K$61K$3K$21K
Total functional expensesLn 25$2.7M$2.1M$240K$368K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.4M$4.8M−$388K$3.6M 990 PDF
FY2024 $5.0M$4.4M$654K$4.0M 990 PDF
FY2023 $3.9M$3.8M$84K$3.3M 990 PDF
FY2022 Viewing $3.7M$2.7M$931K$3.2M 990 PDF
FY2021 $3.5M$2.2M$1.3M$2.2M 990 PDF
FY2020 $1.8M$2.3M−$418K$898K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $3,674,607 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,528,241$3,563,185
I-9 Program service revenue$249,890
I-10 Investment incomePrior year $4,450$4,845
I-11 Other revenuePrior year −$30,958−$143,313
I-12 Total revenuePrior year $3,501,733$3,674,607
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,417,863$1,872,962
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $739,421$870,476
I-18 Total expensesPrior year $2,157,284$2,743,438
I-19 Revenue less expensesPrior year $1,344,449$931,169
Part VI · Governance 21 of 21 board members independent, no flags
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,674,607 across 8 lines filed
VIII-1c Fundraising events$943,027
VIII-1e Government grants$233,472
VIII-1f All other contributions, gifts and grants$2,386,686
VIII-1h Total contributions, gifts and grants$3,563,185
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $249,890$249,890
VIII-3 Investment incomeExcluded from tax $4,845$4,845
VIII-8 Net income from fundraising events−$143,313
VIII-12 Total revenueRelated to mission $249,890 · Excluded from tax $4,845$3,674,607
Part IX · Statement of functional expenses $2,743,438 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $295,579 · Management $50,183 · Fundraising $10,036$355,798
IX-7 Other salaries and wagesPrograms $1,094,673 · Management $39,445 · Fundraising $143,116$1,277,234
IX-9 Other employee benefitsPrograms $85,982 · Management $6,796 · Fundraising $11,611$104,389
IX-10 Payroll taxesPrograms $116,404 · Management $7,065 · Fundraising $12,072$135,541
IX-11b Legal feesManagement $2,115$2,115
IX-11c Accounting feesManagement $15,350$15,350
IX-11g Other fees for servicesPrograms $119,153 · Management $88,410 · Fundraising $132,754$340,317
IX-13 Office expensesPrograms $72,000 · Management $1,714 · Fundraising $4,561$78,275
IX-14 Information technologyPrograms $41,579 · Management $2,681 · Fundraising $4,580$48,840
IX-16 OccupancyPrograms $114,632 · Management $14,329 · Fundraising $14,329$143,290
IX-17 TravelPrograms $40,292 · Management $1,780 · Fundraising $3,043$45,115
IX-22 Depreciation, depletion and amortizationPrograms $21,622 · Management $1,934 · Fundraising $3,306$26,862
IX-23 InsurancePrograms $72,624 · Management $4,683 · Fundraising $8,000$85,307
IX-24 Other expenses (24a–d)Programs $61,109 · Management $3,381 · Fundraising $20,515$85,005
IX-25 Total functional expensesPrograms $2,135,649 · Management $239,866 · Fundraising $367,923$2,743,438
Part X · Balance sheet $3,368,825 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $20,064$23,186
X-2 Savings and temporary cash investmentsStart of year $1,814,041$2,410,886
X-3 Pledges and grants receivableStart of year $276,761$681,746
X-9 Prepaid expenses and deferred chargesStart of year $133,877$127,055
X-10c Land, buildings and equipment, netStart of year $68,373$47,837
X-15 Other assetsStart of year $78,115$78,115
X-16 Total assetsStart of year $2,391,231$3,368,825
X-17 Accounts payable and accrued expensesStart of year $82,279$120,545
X-25 Other liabilitiesStart of year $66,386$74,545
X-26 Total liabilitiesStart of year $148,665$195,090
X-27 Net assets without donor restrictionsStart of year $1,894,566$2,417,341
X-28 Net assets with donor restrictionsStart of year $348,000$756,394
X-32 Total net assets or fund balancesStart of year $2,242,566$3,173,735
X-33 Total liabilities and net assetsStart of year $2,391,231$3,368,825
Part XI · Reconciliation of net assets $3,173,735 net assets at year end
XI-1 Total revenue$3,674,607
XI-2 Total expenses$2,743,438
XI-3 Revenue less expenses$931,169
XI-4 Net assets at start of year$2,242,566
XI-10 Net assets at end of year$3,173,735

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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