Reading Allowed EIN 84-1834946

Reading Allowed FY2020 filing

EIN  84-1834946 Public charity (501(c)(3)) Philadelphia, PA
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 9/2/26 · see original filing: IRS
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Size
$1–10M
What they do
Offers free literacy tutoring for struggling readers in Philadelphia.
Leadership
Angela Marks Med · President · $47K
Money in and out
$289K revenue, $237K expenses
Bottom line
91% program efficiency

Offers free literacy tutoring for struggling readers in Philadelphia. For fiscal year 2020 it reported $289K in revenue, $237K in expenses, and $66K in net assets.Pt I

Where the money goes · FY2020
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $51K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Program efficiency
91%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$289K
FY2020
Expenses
$237K
FY2020
Total assets
$69K
FY2020
Total liabilities
$3K
FY2020
Total revenue
$289K
Pt VIII · Ln 12
Total expenses
$237K
Pt IX · Ln 25
Net assets
$66K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$51K
Total assetsPt X · Ln 16$69K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $217K of program spending, described in the organization's own filed words · FY2020.
01

Reading allowed provides individual and group orton-gillingham based instruction such as the wilson reading system to students who struggle to read, write and spell and to those students with dyslexia. Orton-gillingham based instruction is a research based approach to literacy instruction.

$217Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReading Allowed
EINHdr · item D84-1834946
Principal addressHdr · item CPhiladelphia, PA
WebsiteHdr · item Jwww.readingallowed.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B92)
Ruling yearIRS BMFDec 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$46,782Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Angela Marks Med’s $89K as Executive Director is at the 24th percentile of top reported officer pay among 3393 $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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Angela Marks Med$89,232$54,999$50,385$33,178$46,782

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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Statement of Revenue

Part VIII
Program service revenue$232K · 80%
Contributions & grants$57K · 20%
Program service revenue80%$232K
Contributions & grants20%$57K
Investment income$3
Total revenueLn 12$289K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.08 Fundraising $0.01
Program services91%$217K
Management & general8%$19K
Fundraising1%$2K
Total functional expensesLn 25$237K

Balance Sheet

Part X · end of year
CashLn 1$49K
Total assetsLn 16$69K
Total liabilitiesLn 26$3K
Total net assetsLn 32$66K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $49K · Operating expenses/yr $237K
2.5 months
Where the money goes
Program services
Program services $217K · Total expenses $237K
91%
Management & General
Management & general $19K · Total expenses $237K
8%
Fundraising
Fundraising $2K · Total expenses $237K
1%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $57K
$0.03 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $57K · Total revenue $289K
20%
Government reliance
Government grants — · Total revenue $289K
Earned-income share
Program service revenue $232K · Total revenue $289K
80%
Investment reliance
Investment income $3 · Total revenue $289K
0%
Program self-sufficiency
Program service revenue $232K · Total expenses $237K
98%
Growth & trend
Revenue growth (YoY)
This year $289K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $66K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $289K · Expenses $237K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $69K
Net-asset ratio
Net assets $66K · Total assets $69K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $69K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Angela Marks Med · Reported title PRESIDENT · Highest reported compensation $47K · Total expenses $237K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $237K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 8%
Fundraising cost ratio 3%
Legal fee ratio 2%
Accounting fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 23 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$2.4M revenue · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$1.4M revenue · ⤓ 990 PDF
FY2021$731K revenue · ⤓ 990 PDF
FY2020$289K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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