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Nonprofiteer
← READ TO GROW INC

Form 990 for tax year 2022

Filed by READ TO GROW INC.

Totals

Total revenue
$1,629,143
Total expenses
$1,436,859
Contributions and grants received
$1,563,622
Grants paid
$0
Program service revenue
$82,629
Investment income
$3
Other revenue
-$17,111
Total assets, end of year
$1,747,209
Total liabilities, end of year
$285,633
Net assets or fund balances, end of year
$1,461,576
Program services expenses (Part IX)
$1,240,186
Management and general expenses
$78,701
Fundraising expenses
$117,972
Program service expenses (Part III)
$1,240,186

Program services were 86.3% 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

    $56,752

  • 1e · Government grants (contributions)

    $224,927

  • 1f · All other contributions, gifts and grants

    $1,281,943

  • 1g · Noncash contributions included above

    $91,773

  • 2a · Program service revenue: HOSPITAL FEES

    total $75,400 · related or exempt $75,400

  • 2b · Program service revenue: OTHER

    total $5,473 · related or exempt $5,473

  • 2c · Program service revenue: BOOK DELIVERY FEES

    total $1,234 · related or exempt $1,234

  • 2d · Program service revenue: BOOK SALES

    total $522 · related or exempt $522

  • 3 · Investment income

    total $3 · excluded $3

  • 8a · Fundraising events: gross income

    $18,572

  • 8a · Fundraising events: contributions included on line 1c

    $56,752

  • 8b · Fundraising events: direct expenses

    $35,683

  • 8c · Net income from fundraising events

    total -$17,111 · excluded -$17,111

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $97,431 · program services $77,945 · management and general $9,743 · fundraising $9,743

  • 7 · Other salaries and wages

    total $633,857 · program services $516,234 · management and general $46,954 · fundraising $70,669

  • 10 · Payroll taxes

    total $60,506 · program services $49,219 · management and general $4,628 · fundraising $6,659

  • 11c · Fees: accounting

    total $29,104 · program services $29,104

  • 11g · Fees: other

    total $15,743 · program services $5,365 · management and general $3,314 · fundraising $7,064

  • 13 · Office expenses

    total $6,484 · program services $3,577 · management and general $2,352 · fundraising $555

  • 16 · Occupancy

    total $69,737 · program services $60,523 · management and general $4,318 · fundraising $4,896

  • 17 · Travel

    total $8,010 · program services $7,830 · management and general $37 · fundraising $143

  • 22 · Depreciation, depletion and amortization

    total $13,748 · program services $11,136 · management and general $1,100 · fundraising $1,512

  • 23 · Insurance

    total $19,306 · program services $17,200 · management and general $945 · fundraising $1,161

  • 24a · Other expenses: BOOKS, MATERIALS AND SU

    total $267,117 · program services $267,117 · management and general $0 · fundraising $0

  • 24b · Other expenses: EARLY STEPS TO SCHOOL S

    total $124,442 · program services $124,442 · management and general $0 · fundraising $0

  • 24c · Other expenses: MISCELLANEOUS

    total $26,317 · program services $16,652 · management and general $2,218 · fundraising $7,447

  • 24d · Other expenses: BOOK DISTRIBUTION COSTS

    total $23,659 · program services $23,559 · management and general $0 · fundraising $100

  • 24e · All other expenses

    total $41,398 · program services $30,283 · management and general $3,092 · fundraising $8,023

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $538,299 · end of year $519,373

  • 2 · Savings and temporary cash investments

    beginning of year $5,621 · end of year $5,623

  • 3 · Pledges and grants receivable

    beginning of year $307,500 · end of year $542,500

  • 8 · Inventories for sale or use

    beginning of year $230,103 · end of year $231,315

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,925 · end of year $9,740

  • 10a · Land, buildings and equipment: cost or other basis

    $174,781

  • 10b · Land, buildings and equipment: accumulated depreciation

    $96,001

  • 10c · Land, buildings and equipment, net

    beginning of year $92,528 · end of year $78,780

  • 12 · Investments: other securities

    beginning of year $103,692 · end of year $113,822

  • 15 · Other assets

    beginning of year $7,260 · end of year $246,056

  • 17 · Accounts payable and accrued expenses

    beginning of year $33,566 · end of year $34,287

  • 25 · Other liabilities

    beginning of year $0 · end of year $251,346

  • 27 · Net assets without donor restrictions

    beginning of year $776,707 · end of year $746,386

  • 28 · Net assets with donor restrictions

    beginning of year $482,655 · end of year $715,190

Mission and programs · 2022

Mission

OUR MISSION IS TO PROMOTE LANGUAGE SKILLS AND LITERACY FOR CHILDREN, BEGINNING AT BIRTH, AND TO SUPPORT FAMILIES AS THEIR BABIES' FIRST TEACHERS. OUR VISION IS THAT EVERY FAMILY WILL APPRECIATE THE CRITICAL IMPORTANCE OF EARLY CHILDHOOD LITERACY AND WILL ENGAGE IN THEIR CHILD'S READING DEVELOPMENT. ALL CHILDREN IN CONNECTICUT WILL HAVE BOOKS OF THEIR OWN.

Activities or mission (Part I)

TO PROMOTE LANGUAGE SKILLS AND LITERACY FOR CHILDREN, BEGINNING AT BIRTH, AND TO SUPPORT PARENTS AS THEIR BABIES' FIRST TEACHERS.

  • READ TO GROW, INC. (THE ORGANIZATION") OPERATES THROUGHOUT CONNECTICUT AND HAS GIVEN MORE THAN 2.6 MILLION CHILDREN'S BOOKS IN ITS 23 YEARS OF EDUCATING PARENTS AND CHILDCARE PROVIDERS - THROUGH WORKSHOPS AND LITERACY PACKETS - ABOUT THE IMPORTANCE OF DEVELOPING CHILDREN'S LANGUAGE SKILLS AND LITERACY. EACH YEAR THE ORGANIZATION DISTRIBUTES APPROXIMATELY 100,000 BOOKS THROUGH FOUR PROGRAMS: THE FLAGSHIP PROGRAM BOOKS FOR BABIES, THE BOOKS FOR KIDS PROGRAM, THE EARLY STEPS TO SCHOOL SUCCESS PROGRAM AND THE NEWEST PROGRAM, THE READ TO GROW BOOKMOBILE. ALONG WITH STAFF, THE ORGANIZATION RELIES ON A CORPS OF REGULAR VOLUNTEERS WHO WORK IN THE OFFICE/WAREHOUSE AND VISIT FAMILIES AT PARTNER HOSPITALS. BOOKS FOR BABIES THIS PROGRAM OPERATES THREE DISTINCT PROJECTS: PRENATAL PROJECT, THE NEWBORN PROJECT AND THE NICU PROJECT. THE PRENATAL PROJECT FOCUSES ON DISTRIBUTING FREE CHILDREN'S BOOKS AND INFORMATION ON BRAIN DEVELOPMENT AND LITERACY TO EXPECTING FAMILIES RECEIVING PRENATAL CARE AT COMMUNITY HEALTH CENTERS. THE NEWBORN PROJECT OPERATES IN 14 PARTNER HOSPITALS, GIVING ALL FAMILIES WITH NEWBORNS LITERACY PACKETS THAT INCLUDE BOOKS FOR THEIR BABIES AND PARENTAL GUIDES ON HOW TO SUPPORT INFANTS' LANGUAGE DEVELOPMENT. IN 50% OF THE PARTNER HOSPITALS, TRAINED VOLUNTEERS VISIT THE FAMILIES TO TALK ABOUT BABY BRAIN AND LITERACY DEVELOPMENT. MORE THAN 60% OF CONNECTICUT'S FAMILIES WITH NEWBORNS ARE REACH THROUGH THIS PROGRAM, WHICH ALSO OFFERS A FREE OPT-IN FOLLOW-UP PROGRAM WITH MORE BOOKS AND INFORMATION MAILED TO ENROLLED FAMILIES AT THEIR CHILD'S THREE MONTH AND ONE-YEAR MILESTONES. IN SPRING 2020, THE ORGANIZATION LAUNCHED A PARTNERSHIP WITH CONNECTICUT CHILDREN'S NICU TO PROVIDE CHILDREN'S BOOKS FOR PARENTS TO READ TO THEIR BABIES ADMITTED TO THE NICU AND IN SPRING 2021, FOLLOWING A SUCCESSFUL PILOT YEAR WITH CONNECTICUT CHILDREN'S NICU, THE ORGANIZATION'S BOARD OF DIRECTORS OFFICIALLY APPROVED THE NICU PROJECT TO EXPAND TO OTHER SITES AS FUNDING AND PARTNERSHIP OPPORTUNITIES WILL ALLOW. IN WINTER 2022, READ TO GROW LAUNCHED THE NICU PROJECT AT CONNECTICUT CHILDREN'S FARMINGTON LOCATIONAND IN WINTER 2023, READ TO GROW LAUNCHED A THIRD NICU PROJECT SITE AT THE HOSPITAL OF CENTRAL CONNECTICUT IN NEW BRITAIN.

    Expenses $361,923 · Revenue $75,977

  • BOOKS FOR KIDS IN ADDITION TO THE FOCUS ON PRENATAL AND NEWBORN FAMILIES, BOOKS FOR KIDS GIVES MORE THAN 50,000 BOOKS ANNUALLY TO CHILDREN AND FAMILIES ACROSS CONNECTICUT THROUGH FORMAL COLLABORATIONS WITH OTHER NONPROFITS ALREADY SERVING LOW-INCOME POPULATIONS. MANY OF THE PARTNERSHIPS CALL FOR DELIVERY OF THOUSANDS OF BOOKS EACH YEAR AND WORKSHOPS FOR FAMILIES WITH YOUNG CHILDREN. ADDITIONALLY, THE ORGANIZATION CURRENTLY MAINTAINS BOOK PLACES AROUND THE STATE IN PARTNERSHIP WITH COMMUNITY ORGANIZATION; FAMILIES ARE ABLE TO COME AND SELECT BOOKS TO TAKE HOME FOR THEIR HOME LIBRARIES. FINALLY IN RESPONSE TO REQUESTS, BOOKS FOR KIDS ALSO GIVES FREE CHILDREN'S BOOKS TO HUNDREDS OF TEACHERS, DOCTORS' OFFICES, OTHER HEALTHCARE AND CHILDCARE PROVIDERS, AND OTHER NONPROFITS, INCLUDING OTHER LITERACY FOCUSED AGENCIES AND MAILS BOOKS HOME TO FAMILIES WHO REQUEST BOOKS ONLINE. MANY COMMUNITY PARTNERS SERVE FAMILIES WHO SPEAK LANGUAGES OTHER THAN ENGLISH AND BOOKS FOR KIDS STRIVES TO PROVIDE BILINGUAL BOOKS IN OTHER LANGUAGES WHEN POSSIBLE.

    Expenses $272,464 · Revenue $6,194

  • EARLY STEPS TO SCHOOL SUCCESS ("ESSS") IN EARLY 2019, THE ORGANIZATION LAUNCHED A THIRD PROGRAM IN PARTNERSHIP WITH SAVE THE CHILDREN FOR YOUNG CHILDREN LIVING IN POVERTY IN NEW HAVEN. ESSS IS A LITERACY-PROMOTING PROGRAM DESIGNED BY SAVE THE CHILDREN FOR CHILDREN PRE-BIRTH TO AGE 5. ESSS AIMS TO PREPARE CHILDREN FOR SCHOOL SUCCESS THROUGH HOME VISITS, PARENT-CHILD PLAYGROUPS, AND SCHOOL-BASED BOOK EXCHANGES AND DISTRIBUTIONS. IN 2020, ESS EXPANDED TO 4 SCHOOLS IN NEW HAVEN AND IN 2021 LAUNCHED AT 4 SCHOOLS IN BRIDGEPORT. COORDINATORS FOR THE PROGRAM SERVE OVER 200 FAMILIES.

    Expenses $506,130 · Revenue $458

  • BOOKMOBILE - IN SEPTEMBER 2022, THE ORGANIZATION LAUNCHED A NEW PROGRAM: THE READ TO GROW BOOKMOBILE. CENTREVILLE BANK PROVIDED THE FUNDING TO PURCHASE THE VEHICLE AND OTHER FOUNDATIONS AND INDIVIDUALS HAVE CONTRIBUTED FUNDS TO PROVIDE BOOKS. THE BOOKMOBILE TRAVELS ACROSS THE STATE AND PROVIDES AN IMMERSIVE EXPERIENCE FOR CHILDREN, FAMILIES AND CHILDCARE PROVIDERS WHO ARE ABLE TO BOARD THE BOOKMOBILE AND CHOOSE BOOKS TO KEEP. THE BOOKMOBILE EXPANDS AND DEEPENS READ TO GROW'S REACH ACROSS CONNECTICUT AND ENSURES THAT CHILDREN AND FAMILIES HAVE READY ACCESS TO HIGH QUALITY BOOKS.MANAGING SPONSOR - BRIDGEPORT BOOK FESTIVAL IN WINTER 2019, IN PARTNERSHIP WITH SENATOR CHRIS MURPHY AND RJ JULIA BOOKSELLERS, THE ORGANIZATION LAUNCHED THE BRIDGEPORT BOOK FESTIVAL AS THE MANAGING SPONSOR. THE FIRST LIVE EVENT FOR THE BRIDGEPORT BOOK FESTIVAL WAS SCHEDULED TO OCCUR IN MAY 2020 BUT WAS PUT ON HOLD DUE TO THE CORONAVIRUS PANDEMIC ("COVID-19"). IN THE MEANTIME, PARTNERS WERE ABLE TO DISTRIBUTE THOUSANDS OF BRAND-NEW BOOKS TO CHILDREN IN KINDERGARTEN-8TH GRADE AT MEAL DISTRIBUTION SITES AROUND THE CITY IN RESPONSE TO COVID-19. THE FESTIVAL COMMITTEE HOPES TO REIGNITE ENERGY AROUND THE BOOK FESTIVAL AND OFFICIALLY LAUNCH SOON.PUBLICATIONS - THE ORGANIZATION SELF-PUBLISHED A BOOK, WELCOME TO THE WORLD!, IN 2012 AND CONTINUES TO PURCHASE AND DISTRIBUTE COPIES IN THE LITERACY PACKETS DISTRIBUTED IN THE HOSPITALS THROUGH THE BOOKS FOR BABIES PROGRAM. THE BOOK WAS WRITTEN EXPRESSLY FOR THE ORGANIZATION BY NANCY ELIZABETH WALLACE AND WAS ILLUSTRATED BY MARSELA HAJADINIJAK-KREC OF CROATIA. WELCOME TO THE WORLD! OFFERS SIMPLE MESSAGES OF CELEBRATING FAMILIES AND BABIES: LEARNING STARTS AT BIRTH; THE PARENT IS THE CHILD'S FIRST TEACHER; AND READING, SINGING, PLAYING, AND BONDING WITH BABY IS HELPFUL TO THEIR GROWTH AND DEVELOPMENT. THE ORGANIZATION PUBLISHED A NEW BOARD BOOK IN JUNE 2021, HELLO SOMETIMES, FOR THE BIRTH 5 AGE GROUP. HELLO SOMETIMES, WRITTEN BY AMY VATNER AND ILLUSTRATED BY GABRIELLA SVENNINGSEN, HELPS CAREGIVERS AND FAMILIES PROCESS THE ONGOING CHALLENGES OF THE PANDEMIC WITH YOUNG CHILDREN. THE BOOK FEATURES SIMPLE RHYMES, DYNAMIC WATERCOLOR ILLUSTRATIONS, AND A DIVERSE ARRAY OF CHARACTERS. THANKS TO THE INCREDIBLE GENEROSITY OF SPONSORS AND DONORS, THE ORGANIZATION PROVIDED 25,962 COPIES OF HELLO SOMETIMES FREE OF CHARGE TO CHILDREN AGES BIRTH 5 ENROLLED IN THE PARTNER CHILDCARE AND PRESCHOOL PROGRAMS ACROSS CONNECTICUT IN THE FISCAL YEAR ENDED JUNE 30, 2022 AND 6,214 COPIES IN THE YEAR ENDED JUNE 30, 2023.

    Expenses $99,669

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Suzannah Holsenbeck

    EXECUTIVE DIRECTOR

    Total calculated
    $97,431
    From this org
    $97,431
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Jeff Hartmann

    CHAIR

    Total calculated
    $0
    Hours/week
    1.2
  • Dr Monette Ferguson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.7
  • Jane W Lee

    TREASURER

    Total calculated
    $0
    Hours/week
    0.7
  • Lori Church

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.6
  • Roxanne J Coady

    BOARD CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    0
  • Karen Pritzker

    BOARD EMERITUS

    Total calculated
    $0
    Hours/week
    0
  • Lisa Maass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Carla M Horwitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.6
  • Joshua A Copel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3
  • Mary Kay Curtiss

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.7
  • Jennifer Grove Fusco

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Sherene Mason

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Bonnie L Patten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Joel Cruz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25
  • Anna Reiter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.15

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
25 October 2023
IRS schema version
2022v5.0
Source object
202303039349300030

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