philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Reading Education Foundation FY2022 filing

Tax-deductible

Reading, PA501(c)(3) EIN 20-5429225Revenue $154K in FY2022

On file with the IRSreadingsd.org/page/2629800 Washington St, 19601-3616 · Reading, PATax-exempt since Jan 2007Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The Foundation is an independent nonprofit organization purposed and dedicated to expanding the educational experience of all Reading school district students by harnessing support from community partners and stakeholders while guided by the district's commitment to equity and inclusion.

501(c)(3) charity; gifts are tax-deductible.
44¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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 4
filings with a surplus
Average surplus $126K a year · 57% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
44%
of spending
Concern: 44% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
200 mo
of spending, in cash
Looks good: 200.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$154K
Spent
$11K
To programs
44%
Net assets
$184K
By yearFY2022–FY2025
Revenue
$154K
FY2022
Tap a bar for its year
Revenue by fiscal year
FY2022$154K
FY2023$214K
FY2024$250K
FY2025$267K
Expenses
$11K
FY2022
Tap a bar for its year
Expenses by fiscal year
FY2022$11K
FY2023$95K
FY2024$80K
FY2025$198K
Net assets
$184K
FY2022
Tap a bar for its year
Net assets by fiscal year
FY2022$184K
FY2023$303K
FY2024$473K
FY2025$543K

From the FY2022 Form 990 (year ending June 2022) · see the original

Give Claim
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 Jan 2007.

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

Where the money goes

44 cents of each dollar spent went to programs.

Program services 44% · $5K Management & general 11% · $1K Fundraising 46% · $5K

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

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Chris Kraras
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Tonya Butler
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Reading Education Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aNo

Programs and updates

Expands student educational experiences through community partnerships and district equity goals.

Questions for Reading Education Foundation

Tap to ask. Reading Education Foundation sees how many people are interested.

Your first name shows with your question. Reading Education Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $5K · in their own filed words · FY2021
01

Awarding grants to reading schools to provide for new programs and academic support for reading students.

$5Kprogram 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 · FY2024
Donor Advised Charitable Giving INCFY2024$6K
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$154K
Ln 12
Gifts and grantsLn 1h$122K
Other incomeLn 4–11$33K
Money outPt IX
$11K
Ln 25
Programscol B$5K
Managementcol C$1K
Fundraisingcol D$5K
Owns and owesPt X
$184K
net assets · Ln 32
Cash and savingsLn 1–2$184K
Total assetsLn 16$184K
LiabilitiesLn 26$0
PeoplePt VI, VII
19
listed · VII A
PaidVII A0
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$122K
Fundraising eventsLn 1c$41K
Other incomeLn 4–11$33K
Total revenueLn 12$154K
Assets in detailPt X, end of year
CashLn 1$184K
Cash and savings togetherLn 1–2$184K
Total assetsLn 16$184K
LiabilitiesLn 26$0
Net assetsLn 32$184K
OperationsPt I, VI
EmployeesI 50
VolunteersI 637
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$40K$184K
Total assetsLn 16$40K$184K
LiabilitiesLn 26$0$0
Net assetsLn 32$40K$184K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5K$5K
Other fees for servicesLn 11g$625$625
Office expensesLn 13$581$581
Other expenses (24a–d)Ln 24$5K$290$5K
Total functional expensesLn 25$11K$5K$1K$5K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $267K$198K$70K$543K 990 PDF
FY2024 $250K$80K$170K$473K 990 PDF
FY2023 $214K$95K$119K$303K 990 PDF
FY2022 Viewing $154K$11K$143K$184K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $154,366 revenue, 12 lines filed
I-8 Contributions and grants$121,800
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$32,566
I-12 Total revenue$154,366
I-13 Grants and similar amounts paid$4,502
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expenses$6,512
I-18 Total expenses$11,014
I-19 Revenue less expenses$143,352
Part VI · Governance 20 of 20 board members independent, 4 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $154,366 across 6 lines filed
VIII-1c Fundraising events$41,200
VIII-1d Related organizations$45,600
VIII-1f All other contributions, gifts and grants$35,000
VIII-1h Total contributions, gifts and grants$121,800
VIII-8 Net income from fundraising eventsExcluded from tax $32,566$32,566
VIII-12 Total revenueExcluded from tax $32,566$154,366
Part IX · Statement of functional expenses $11,014 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $4,502$4,502
IX-11g Other fees for servicesManagement $625$625
IX-13 Office expensesManagement $581$581
IX-24 Other expenses (24a–d)Programs $290 · Fundraising $5,016$5,306
IX-25 Total functional expensesPrograms $4,792 · Management $1,206 · Fundraising $5,016$11,014
Part X · Balance sheet $183,724 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $40,372$183,724
X-16 Total assetsStart of year $40,372$183,724
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $40,372$183,724
X-32 Total net assets or fund balancesStart of year $40,372$183,724
X-33 Total liabilities and net assetsStart of year $40,372$183,724
Part XI · Reconciliation of net assets $183,724 net assets at year end
XI-1 Total revenue$154,366
XI-2 Total expenses$11,014
XI-3 Revenue less expenses$143,352
XI-4 Net assets at start of year$40,372
XI-10 Net assets at end of year$183,724

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.