Read for Literacy INC FY2020 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

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

To provide a range of Literacy services and trainings that enable children, adult and families the opportunity to achieve success.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$64K 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

FY2020 · 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 $31K a year · 8% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$64K
to officers and key staff · 22% of spending
Worth a look: pay to officers and key staff is 22% of spending; over 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $629K in investments, Pt X · Ln 11–13
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $400
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$56K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$407K
Spent
$291K
To programs
85%
Net assets
$760K
By yearFY2020–FY2025
Revenue
$407K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$407K
FY2021$305K
FY2022$387K
FY2023$415K
FY2024$340K
FY2025$443K
Expenses
$291K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$291K
FY2021$258K
FY2022$336K
FY2023$416K
FY2024$394K
FY2025$418K
Net assets
$760K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$760K
FY2021$862K
FY2022$751K
FY2023$780K
FY2024$833K
FY2025$900K

From the FY2020 Form 990 (year ending August 2020) · see the original

Give Claim
You’re viewing the FY2020 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 Aug 1986.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $249K Management & general 10% · $30K Fundraising 4% · $13K

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

13 people listed on the 990; $64K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Di
$64,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Diana Bush’s $79K as Executive Di is at the 71st percentile of top reported officer pay among 1613 $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 · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Diana Bush$79,077$75,154$71,615$69,000$63,942$64,000

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.

See Read for Literacy INC executive salaries →

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

Offers literacy services and training for children, adults, and families to achieve success.

Questions for Read for Literacy INC

Tap to ask. Read for Literacy INC sees how many people are interested.

Your first name shows with your question. Read for Literacy INC answers here, for everyone.

3 programs · $249K · in their own filed words · FY2019
01

Adult Literacy Program

Adult basic education and english language learners engages students in learning activities that increase reading, writing and communication skills. Tutors work with our students one-to-one or in small groups setting goals to achieve success in the classroom, at work and in life.

$131Kprogram expense
02

Creating Young Readers Program

This line of service affords volunteers the opportunity to work with children ages 3-8 (preschool through 2ND grade) who are at risk of falling behind in emergent literacy skills. Reader friends meet one-to-one with a child on reading, alphabet recognition and other skills all while sharing their love of reading.

$97Kprogram expense
03

Claire's Day

This line of service is dedicated to inspiring children and families to be lifelong readers. We do this to honor claire lynsey rubini, who passed away from a heart condition in 2000 when she was just ten years old.

$20Kprogram 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 1 funder$400

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$407K
Ln 12
Gifts and grantsLn 1h$383K
Investment incomeLn 3$24K
Fees for servicesLn 2g$93
Money outPt IX
$291K
Ln 25
Programscol B$249K
Managementcol C$30K
Fundraisingcol D$13K
Owns and owesPt X
$760K
net assets · Ln 32
Cash and savingsLn 1–2$183K
Total assetsLn 16$815K
LiabilitiesLn 26$56K
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$383K
Fundraising eventsLn 1c$31K
Fees for servicesLn 2g$93
Investment incomeLn 3$24K
Gains on assetsLn 7$11K
Total revenueLn 12$407K
Assets in detailPt X, end of year
CashLn 1$50K
SavingsLn 2$134K
Cash and savings togetherLn 1–2$183K
Accounts receivableLn 4$263
InvestmentsLn 11–13$629K
Other assetsLn 15$3K
Total assetsLn 16$815K
LiabilitiesLn 26$56K
Net assetsLn 32$760K
OperationsPt I, VI
EmployeesI 58
VolunteersI 6445
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 FY20End FY20
Cash and savingsLn 1–2$44K$183K
InvestmentsLn 11–13$568K$629K
Total assetsLn 16$616K$815K
LiabilitiesLn 26$21K$56K
Net assetsLn 32$595K$760K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$64K$54K$6K$3K
Other salaries and wagesLn 7$117K$103K$9K$5K
Payroll taxesLn 10$12K$10K$937$703
Accounting feesLn 11c$13K$13K
Advertising and promotionLn 12$36K$33K$2K$1K
Office expensesLn 13$2K$2K$150$50
TravelLn 17$1K$1K$80
InsuranceLn 23$5K$4K$638$852
Other expenses (24a–d)Ln 24$33K$22K$9K$2K
All other expensesLn 24e$8K$6K$1K
Total functional expensesLn 25$291K$249K$30K$13K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jan 28, 2026 $443K$418K$25K$900K 990 PDF
FY2024Filed with the IRS Mar 11, 2025 $340K$394K−$54K$833K 990 PDF
FY2023Filed with the IRS Jan 16, 2024 $415K$416K−$881$780K 990 PDF
FY2022Filed with the IRS Mar 15, 2023 $387K$336K$50K$751K 990 PDF
FY2021Filed with the IRS Jun 21, 2022 $305K$258K$48K$862K 990 PDF
FY2020 ViewingFiled with the IRS Mar 17, 2021 $407K$291K$115K$760K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $406,568 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $357,902$382,643
I-9 Program service revenuePrior year $314$93
I-10 Investment incomePrior year $32,161$23,832
I-11 Other revenue$0
I-12 Total revenuePrior year $390,377$406,568
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $195,711$192,888
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $140,042$98,227
I-18 Total expensesPrior year $335,753$291,115
I-19 Revenue less expensesPrior year $54,624$115,453
Part VI · Governance 12 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members12
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 $406,568 across 7 lines filed
VIII-1c Fundraising events$30,680
VIII-1f All other contributions, gifts and grants$351,963
VIII-1h Total contributions, gifts and grants$382,643
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $93$93
VIII-3 Investment incomeExcluded from tax $13,173$13,173
VIII-7 Net gain or loss on sales of assetsRelated to mission $10,659$10,659
VIII-12 Total revenueRelated to mission $10,659 · Excluded from tax $13,266$406,568
Part IX · Statement of functional expenses $291,115 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $54,400 · Management $6,400 · Fundraising $3,200$64,000
IX-7 Other salaries and wagesPrograms $103,334 · Management $8,960 · Fundraising $4,877$117,171
IX-10 Payroll taxesPrograms $10,077 · Management $937 · Fundraising $703$11,717
IX-11c Accounting feesPrograms $12,720$12,720
IX-12 Advertising and promotionPrograms $32,555 · Management $2,200 · Fundraising $1,000$35,755
IX-13 Office expensesPrograms $2,107 · Management $150 · Fundraising $50$2,307
IX-17 TravelPrograms $1,209 · Fundraising $80$1,289
IX-23 InsurancePrograms $3,833 · Management $638 · Fundraising $852$5,323
IX-24 Other expenses (24a–d)Programs $21,863 · Management $9,388 · Fundraising $2,026$33,277
IX-24e All other expensesPrograms $6,421 · Management $1,135$7,556
IX-25 Total functional expensesPrograms $248,519 · Management $29,808 · Fundraising $12,788$291,115
Part X · Balance sheet $815,399 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $20,429$49,644
X-2 Savings and temporary cash investmentsStart of year $23,710$133,563
X-4 Accounts receivableStart of year $741$263
X-11 Publicly traded securitiesStart of year $568,095$629,180
X-15 Other assetsStart of year $2,968$2,749
X-16 Total assetsStart of year $615,943$815,399
X-17 Accounts payable and accrued expensesStart of year $1,557$23
X-19 Deferred revenueStart of year $19,834$18,805
X-23 Secured mortgages and notes payable$36,863
X-26 Total liabilitiesStart of year $21,391$55,691
X-27 Net assets without donor restrictionsStart of year $594,202$759,708
X-32 Total net assets or fund balancesStart of year $594,552$759,708
X-33 Total liabilities and net assetsStart of year $615,943$815,399
Part XI · Reconciliation of net assets $759,708 net assets at year end
XI-1 Total revenue$406,568
XI-2 Total expenses$291,115
XI-3 Revenue less expenses$115,453
XI-4 Net assets at start of year$594,552
XI-5 Net unrealized gains (losses) on investments$49,703
XI-10 Net assets at end of year$759,708

Form 990 e-file (XML) FY2020 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.

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.