Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
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
14 people listed on the 990; $185K paid to officers and key staff (Part VII, Section A).
Rowan Childs’s $101K as Co-Executive Director is at the 87th percentile of top reported officer pay among 1992 $100K–1M youth development 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 |
|---|---|---|---|---|---|
| Rowan Childs | $100,514 | $92,000 | $57,467 | $17,000 | $8,000 |
| Deirdre Steinmetz | $84,400 | — | — | — | — |
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 Madison Reading Project 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
Organizes literacy programs to supplement school learning for vulnerable children.
Questions for Madison Reading Project INC
Your first name shows with your question. Madison Reading Project INC answers here, for everyone.
The organization offers literacy programming which can include author readings, story time with the outreach director, literacy crafts and themed events for groups.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2077478) · Dispute this lineThe organization offers books to many children through its partnerships with other nonprofits, social workers, schools, and shelters.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-2077478) · Dispute this lineFunders
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 | $821K | $318K |
| Land, buildings, equipmentLn 10c | $160K | $294K |
| Total assetsLn 16 | $1.5M | $1.1M |
| LiabilitiesLn 26 | $249K | $198K |
| Net assetsLn 32 | $1.3M | $946K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $185K | $86K | $44K | $54K |
| Other salaries and wagesLn 7 | $351K | $215K | $21K | $115K |
| Pension plan contributionsLn 8 | $16K | $9K | $2K | $5K |
| Other employee benefitsLn 9 | $10K | $6K | $1K | $3K |
| Payroll taxesLn 10 | $47K | $27K | $6K | $15K |
| Accounting feesLn 11c | $33K | $33K | ||
| Other fees for servicesLn 11g | $70K | $33K | $35K | $2K |
| Advertising and promotionLn 12 | $11K | $4K | $896 | $6K |
| Office expensesLn 13 | $27K | $17K | $5K | $5K |
| Information technologyLn 14 | $2K | $1K | $219 | $563 |
| OccupancyLn 16 | $40K | $36K | $1K | $3K |
| Conferences, conventions and meetingsLn 19 | $7K | $483 | $3K | $3K |
| InterestLn 20 | $6K | $5K | $396 | |
| Depreciation, depletion and amortizationLn 22 | $26K | $26K | ||
| InsuranceLn 23 | $3K | $1K | $793 | $818 |
| Other expenses (24a–d)Ln 24 | $451K | $441K | $2K | $8K |
| Total functional expensesLn 25 | $1.3M | $908K | $157K | $219K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Sep 22, 2025 | $958K | $1.3M | −$326K | $946K | 990 PDF |
| FY2023Filed with the IRS Nov 12, 2024 | $1.0M | $1.1M | −$43K | $1.3M | 990 PDF |
| FY2022Filed with the IRS Nov 13, 2023 | $1.4M | $707K | $686K | $1.3M | 990 PDF |
| FY2021Filed with the IRS Oct 20, 2022 | $747K | $402K | $344K | $625K | 990 PDF |
| FY2020Filed with the IRS May 12, 2021 | $353K | $261K | $93K | $281K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $957,916 revenue, 12 lines filed
Part VI · Governance 12 of 12 board members independent, 2 to look at
Part VIII · Statement of revenue $957,916 across 9 lines filed
Part IX · Statement of functional expenses $1,284,038 across 16 lines filed
Part X · Balance sheet $1,143,460 assets, 15 lines filed
Part XI · Reconciliation of net assets $945,885 net assets at year end
Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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