Totals
- Total revenue
- $1,119,686
- Total expenses
- $714,344
- Contributions and grants received
- $1,122,501
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5,919
- Other revenue
- -$8,734
- Total assets, end of year
- $2,046,664
- Total liabilities, end of year
- $151,895
- Net assets or fund balances, end of year
- $1,894,769
- Program services expenses (Part IX)
- $419,593
- Management and general expenses
- $102,960
- Fundraising expenses
- $191,791
- Program service expenses (Part III)
- $419,593
Program services were 58.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$103,065
-
1e · Government grants (contributions)
$415,770
-
1f · All other contributions, gifts and grants
$603,666
-
3 · Investment income
total $5,919 · excluded $5,919
-
8a · Fundraising events: gross income
$5,230
-
8a · Fundraising events: contributions included on line 1c
$103,065
-
8b · Fundraising events: direct expenses
$14,359
-
8c · Net income from fundraising events
total -$9,129 · excluded -$9,129
-
11a · Other revenue: Other income
total $395 · excluded $395
-
11e · Other revenue, total
$395
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $142,717 · program services $70,525 · management and general $43,649 · fundraising $28,543
-
7 · Other salaries and wages
total $216,747 · program services $128,345 · management and general $3,486 · fundraising $84,916
-
8 · Pension plan contributions
total $2,286 · program services $1,347 · management and general $48 · fundraising $891
-
9 · Other employee benefits
total $16,727 · program services $12,779 · management and general $1,699 · fundraising $2,249
-
10 · Payroll taxes
total $30,642 · program services $17,714 · management and general $4,046 · fundraising $8,882
-
11c · Fees: accounting
total $18,609 · management and general $18,609
-
11e · Fees: professional fundraising services
total $23,150 · fundraising $23,150
-
11g · Fees: other
total $76,801 · program services $28,055 · management and general $17,375 · fundraising $31,371
-
13 · Office expenses
total $13,165 · program services $4,951 · management and general $1,641 · fundraising $6,573
-
17 · Travel
total $1,536 · program services $34 · management and general $1,309 · fundraising $193
-
19 · Conferences, conventions and meetings
total $1,000 · program services $500 · management and general $500
-
23 · Insurance
total $6,515 · management and general $6,141 · fundraising $374
-
24a · Other expenses: Program Services
total $144,005 · program services $142,255 · management and general $1,750
-
24b · Other expenses: Subscriptions
total $11,631 · program services $5,550 · management and general $2,201 · fundraising $3,880
-
24c · Other expenses: Program Supplies
total $7,389 · program services $7,389
-
24e · All other expenses
total $1,424 · program services $149 · management and general $506 · fundraising $769
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $623,511 · end of year $1,077,730
-
2 · Savings and temporary cash investments
beginning of year $569,316 · end of year $194,362
-
3 · Pledges and grants receivable
beginning of year $245,000 · end of year $213,692
-
4 · Accounts receivable
beginning of year $165,365
-
9 · Prepaid expenses and deferred charges
end of year $3,750
-
11 · Investments: publicly traded securities
end of year $557,130
-
17 · Accounts payable and accrued expenses
beginning of year $105,093 · end of year $149,395
-
18 · Grants payable
beginning of year $12,983 · end of year $2,500
-
27 · Net assets without donor restrictions
beginning of year $1,240,116 · end of year $1,649,769
-
28 · Net assets with donor restrictions
beginning of year $245,000 · end of year $245,000
Mission and programs · 2022
Mission
Year-round, one-to-one tutoring program provided at Title 1 schools to students not at grade-level proficiency in reading. Tutors are area teens recruited and trained to deliver reading support.
Activities or mission (Part I)
We close education opportunity gaps through a unique, cross-age, year-round one-to-one tutoring program. Our dual-impact model helps young students develop reading skills necessary for academic success while teens develop life and work skills through a meaningful first job.
-
Team Read is a year-round reading tutoring and youth employment and development program that pairs carefully trained 8th-12th grade paid teen reading coaches with teacher-identified 2nd-4th grade readers who would benefit from one-on-one reading tutoring and mentoring support. Our model has dual intention and impactteen reading coaches gain critical life and work skills and their 2nd-4th grade students become better, more confident readers. Current service areas are in the high-poverty schools within Seattle, Highline, Tukwila, and Renton school districts. During the 2022-23 school year, we enrolled 494 readers who were tutored by 393 teen reading coaches.
Expenses $419,593
As filed on the 2022 return.
Listed in Part VII
-
Yolanda Eng
President
- Total calculated
- $0
- Hours/week
- 4
-
Matt Hrdlicka
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Ingrid Stegemoeller
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Veronica Cook
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Anjali Bhagat
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Matt Kostecka
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Anna Cronin
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Meli Gass
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Griggins
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Seana Hayden
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Chance Hunt
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Shuba Jayaram
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Karen Lonergan
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Donna Lou
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay O'Conner
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Andrienne Voermanns
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Angela Webster
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Pailthorp
Executive Director
- Total calculated
- $145,407
- From this org
- $137,183
- From related orgs
- $0
- Other
- $8,224
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202421979349301072
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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