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Nonprofiteer
← REACH OUT AND READ INC

Form 990 for tax year 2024

Filed by REACH OUT AND READ INC.

Totals

Total revenue
$25,913,918
Total expenses
$27,205,631
Contributions and grants received
$24,914,923
Grants paid
$9,747,320
Program service revenue
$0
Investment income
$684,057
Other revenue
$314,938
Total assets, end of year
$28,848,871
Total liabilities, end of year
$2,632,499
Net assets or fund balances, end of year
$26,216,372
Program services expenses (Part IX)
$22,090,349
Management and general expenses
$2,500,850
Fundraising expenses
$2,614,432
Program service expenses (Part III)
$22,090,349

Program services were 81.2% 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.

  • 1e · Government grants (contributions)

    $5,621,037

  • 1f · All other contributions, gifts and grants

    $19,293,886

  • 1g · Noncash contributions included above

    $1,094,865

  • 3 · Investment income

    total $477,226 · excluded $477,226

  • 7a · Gross sales of assets other than inventory

    securities $1,999,849

  • 7b · Less cost or other basis and sales expenses

    securities $1,793,018

  • 7c · Gain or loss

    securities $206,831

  • 7d · Net gain or loss

    total $206,831 · excluded $206,831

  • 11d · All other revenue

    total $314,938 · related or exempt $314,938

  • 11e · Other revenue, total

    $314,938

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $9,747,320 · program services $9,747,320

  • 5 · Compensation of officers, directors and key employees

    total $769,581 · program services $477,076 · management and general $292,505

  • 7 · Other salaries and wages

    total $9,030,809 · program services $6,972,429 · management and general $475,886 · fundraising $1,582,494

  • 8 · Pension plan contributions

    total $213,983 · program services $162,541 · management and general $16,631 · fundraising $34,811

  • 9 · Other employee benefits

    total $1,152,253 · program services $870,116 · management and general $82,857 · fundraising $199,280

  • 10 · Payroll taxes

    total $748,736 · program services $568,739 · management and general $58,193 · fundraising $121,804

  • 11b · Fees: legal

    total $19,349 · program services $4,260 · management and general $15,089

  • 11c · Fees: accounting

    total $279,953 · management and general $279,953

  • 11d · Fees: lobbying

    total $295,912 · program services $295,912

  • 11e · Fees: professional fundraising services

    total $115,352 · fundraising $115,352

  • 11g · Fees: other

    total $1,973,104 · program services $1,289,580 · management and general $239,067 · fundraising $444,457

  • 12 · Advertising and promotion

    total $204,793 · program services $197,984 · management and general $6,274 · fundraising $535

  • 13 · Office expenses

    total $1,348,244 · program services $650,598 · management and general $620,095 · fundraising $77,551

  • 17 · Travel

    total $82,249 · program services $63,814 · management and general $5,960 · fundraising $12,475

  • 19 · Conferences, conventions and meetings

    total $639,753 · program services $312,514 · management and general $301,627 · fundraising $25,612

  • 22 · Depreciation, depletion and amortization

    total $102,227 · management and general $102,227

  • 24a · Other expenses: RESEARCH AND EVALUATION

    total $345,188 · program services $345,188

  • 24b · Other expenses: STAFF TRAINING

    total $90,821 · program services $86,274 · management and general $4,486 · fundraising $61

  • 24c · Other expenses: LITERACY MATERIALS

    total $46,004 · program services $46,004

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,932,434 · end of year $2,899,856

  • 3 · Pledges and grants receivable

    beginning of year $8,676,690 · end of year $8,620,346

  • 4 · Accounts receivable

    beginning of year $1,366,222 · end of year $1,172,969

  • 9 · Prepaid expenses and deferred charges

    beginning of year $69,043 · end of year $170,955

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

    $910,378

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

    $484,081

  • 10c · Land, buildings and equipment, net

    beginning of year $398,883 · end of year $426,297

  • 12 · Investments: other securities

    beginning of year $16,638,243 · end of year $15,442,971

  • 14 · Intangible assets

    beginning of year $11,417

  • 15 · Other assets

    beginning of year $111,477 · end of year $115,477

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,840,494 · end of year $2,632,499

  • 18 · Grants payable

    beginning of year $1,602

  • 27 · Net assets without donor restrictions

    beginning of year $19,128,653 · end of year $17,490,393

  • 28 · Net assets with donor restrictions

    beginning of year $8,233,660 · end of year $8,725,979

Mission and programs · 2024

Mission

TO GIVE YOUNG CHILDREN A FOUNDATION FOR SUCCESS BY INCORPORATING BOOKS INTO PEDIATRIC CARE AND ENCOURAGING FAMILIES TO READ ALOUD TOGETHER.

Activities or mission (Part I)

REACH OUT AND READ GIVES YOUNG CHILDREN A FOUNDATION FOR SUCCESS.

  • REACH OUT AND READ IS THE ONLY NATIONAL EARLY LITERACY ORGANIZATION WORKING DIRECTLY WITH PEDIATRIC CARE PROVIDERS TO INCORPORATE THE PROMOTION OF READING ALOUD TO CHILDREN EVERY DAY. REACH OUT AND READ'S MISSION IS TO GIVE YOUNG CHILDREN A FOUNDATION FOR SUCCESS BY INCORPORATING BOOKS INTO PEDIATRIC CARE AND ENCOURAGING FAMILIES TO READ ALOUD TOGETHER. READING ALOUD TO YOUNG CHILDREN IS ONE CORE STRATEGY FOR PROMOTING HEALTHY RELATIONSHIPS AND POSITIVE INTERACTIONS EARLY IN LIFE. THE PROGRAM BEGINS IN INFANCY AND CONTINUES THROUGH AGE 5, WITH A SPECIAL EMPHASIS ON CHILDREN GROWING UP IN LOW-INCOME COMMUNITIES.PEDIATRICIANS AND OTHER PEDIATRIC CLINICIANS WHO ARE INVOLVED IN THE ORGANIZATION SHARE BRAND-NEW, AGE- AND LANGUAGE-APPROPRIATE BOOKS AND LITERACY ADVICE WITH CHILDREN AND PARENTS AT EACH WELL-CHILD VISIT UP TO THE AGE OF 5. THE EFFECTIVENESS OF THE ORGANIZATION'S MODEL IS RECOGNIZED BY THE AMERICAN ACADEMY OF PEDIATRICS IN A POLICY STATEMENT THAT RECOMMENDS EARLY LITERACY PROMOTION AS AN ESSENTIAL COMPONENT OF PEDIATRIC CARE. THE PROGRAM IS BOTH COST-EFFECTIVE AND EVIDENCE-BASED: RESEARCH SHOWS THAT THE PROGRAM RESULTS IN MORE FREQUENT READING AT HOME, ACCELERATED VOCABULARY AND CRITICAL BRAIN DEVELOPMENT.THROUGH GENEROUS SUPPORT AND REVENUE FROM INDIVIDUAL CONTRIBUTIONS, CORPORATE FOUNDATIONS, DONATED GOODS AND SERVICES AND GOVERNMENT GRANTS, THE ORGANIZATION PROVIDES BOOKS AND TRAINING TO APPROVED PROGRAM SITES IN ALL 50 STATES AND WASHINGTON, DC. APPROVED PROGRAM SITES ARE MEDICAL FACILITIES THAT HAVE DEMONSTRATED THE ABILITY TO IMPLEMENT THE MODEL AND HAVE SIGNED A LETTER OF AGREEMENT WITH THE ORGANIZATION. FUNDING SOURCES ARE GENERATED BY PROGRAM SITES, REGIONAL AFFILIATES, AND THE NATIONAL CENTER. DURING THE YEAR ENDED JUNE 30, 2025, APPROXIMATELY 8 MILLION BOOKS WERE DISTRIBUTED TO APPROXIMATELY 6,800 SITES.

    Expenses $22,090,349 · Grants $9,747,320 · Revenue $314,938

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Caleb King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Carly Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Claudia Aristy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Curtis Gray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Dipesh Navsaria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Evan Keyser

    TREASURER/SECRETARY

    Total calculated
    $0
    Hours/week
    3
  • Jordan Haviland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Judy Newman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Kyu Rhee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Laura Bailet

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Leora Mogilner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Mark Del Monte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Nathan Chomilo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Nia Heard-Garris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Paul Leblanc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Perri Klass

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Robert Needlman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Ruby X Dey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Shana Hoffman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Terri McFadden

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Tiffany Kuehner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3
  • Trude Haecker

    CHAIR

    Total calculated
    $0
    Hours/week
    3
  • Erin Henry

    CHIEF DEV. OFF/INT CEO(AS OF 3/25)

    Total calculated
    $181,604
    From this org
    $173,213
    From related orgs
    $0
    Other
    $8,391
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,213
    Bonus
    $0
    Other
    $0
    Deferred
    $6,929
    Nontaxable benefits
    $1,462
    Filer's total
    $181,604
  • Marty Martinez

    CEO/PRESIDENT/CLERK (UNTIL 3/25)

    Total calculated
    $311,973
    From this org
    $298,341
    From related orgs
    $0
    Other
    $13,632
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,341
    Bonus
    $0
    Other
    $0
    Deferred
    $1,698
    Nontaxable benefits
    $11,934
    Filer's total
    $311,973
  • Alexander Chu

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $208,814
    From this org
    $183,567
    From related orgs
    $0
    Other
    $25,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,567
    Bonus
    $0
    Other
    $0
    Deferred
    $17,783
    Nontaxable benefits
    $7,464
    Filer's total
    $208,814
  • Callee Boulware

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $242,851
    From this org
    $208,069
    From related orgs
    $0
    Other
    $34,782
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $208,069
    Bonus
    $0
    Other
    $0
    Deferred
    $26,038
    Nontaxable benefits
    $8,744
    Filer's total
    $242,851
  • Amy Erickson

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $208,142
    From this org
    $180,048
    From related orgs
    $0
    Other
    $28,094
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,048
    Bonus
    $0
    Other
    $0
    Deferred
    $20,487
    Nontaxable benefits
    $7,607
    Filer's total
    $208,142
  • Artavia Berry

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $172,269
    From this org
    $146,761
    From related orgs
    $0
    Other
    $25,508
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,761
    Bonus
    $0
    Other
    $0
    Deferred
    $5,769
    Nontaxable benefits
    $19,739
    Filer's total
    $172,269
  • Jessica Mortensen

    REGIONAL EXECUTIVE DIRECTOR

    Total calculated
    $183,044
    From this org
    $174,426
    From related orgs
    $0
    Other
    $8,618
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $174,426
    Bonus
    $0
    Other
    $0
    Deferred
    $6,969
    Nontaxable benefits
    $1,649
    Filer's total
    $183,044
  • Lambrina Kless

    CHIEF OPERATING OFFICER

    Total calculated
    $205,443
    From this org
    $183,237
    From related orgs
    $0
    Other
    $22,206
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,237
    Bonus
    $0
    Other
    $0
    Deferred
    $15,212
    Nontaxable benefits
    $6,994
    Filer's total
    $205,443
  • Nicola Shearman

    CHIEF OF RESEARCH AND INNO

    Total calculated
    $174,798
    From this org
    $150,758
    From related orgs
    $0
    Other
    $24,040
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,758
    Bonus
    $0
    Other
    $0
    Deferred
    $6,298
    Nontaxable benefits
    $17,742
    Filer's total
    $174,798

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
6 May 2026
IRS schema version
2024v5.5
Source object
202611279349304306

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