Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2009.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
18 people listed on the 990; $23K paid to officers and key staff.
Kim English’s $19K as Past Executive Director is at the 14th percentile of top reported officer pay among 1612 $100K–1M 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kim English | $18,633 | $20,800 | $20,583 | $15,600 | $15,600 |
| Patricia Peterson | $4,161 | — | — | — | — |
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 15aNo
Programs and updates
Fosters a love of reading in young children, opening up a world of opportunities.
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The reading academy is a year-round after school and summer literacy tutoring program. The academy's goal is for all students to read at grade level by the end of third grade. Research shows that students who reach this benchmark are four times more likely to graduate high school and have a successful educational experience.
K ready is an early childhood program designed to provide the resources and tools to help caregivers prepare their children for kindergarten. Research shows that primary indicators of kindergarten readiness are having access to books and being read to at least 20 minutes a day.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $334K | $331K |
| Total assetsLn 16 | $334K | $331K |
| LiabilitiesLn 26 | $1K | $2K |
| Net assetsLn 32 | $333K | $329K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $23K | $11K | $11K | |
| Other salaries and wagesLn 7 | $57K | $57K | ||
| Payroll taxesLn 10 | $7K | $6K | $1K | |
| Accounting feesLn 11c | $1K | $1K | ||
| Other fees for servicesLn 11g | $146 | $146 | ||
| Advertising and promotionLn 12 | $7K | $7K | ||
| Office expensesLn 13 | $1K | $1K | ||
| OccupancyLn 16 | $9K | $9K | ||
| InterestLn 20 | $1K | $1K | ||
| InsuranceLn 23 | $4K | $4K | ||
| Other expenses (24a–d)Ln 24 | $64K | $64K | ||
| All other expensesLn 24e | $1K | $1K | ||
| Total functional expensesLn 25 | $177K | $163K | $14K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $173K | $177K | −$4K | $329K | 990 PDF |
| FY2023 | $330K | $357K | −$26K | $333K | 990 PDF |
| FY2022 | $489K | $399K | $90K | $359K | 990 PDF |
| FY2021 | $398K | $286K | $111K | $269K | 990 PDF |
| FY2020 | $192K | $153K | $39K | $158K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $172,840 across 4 lines filed
Part IX · Statement of functional expenses $176,644 across 12 lines filed
Part X · Balance sheet $330,745 assets, 8 lines filed
Part XI · Reconciliation of net assets $328,833 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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