Totals
- Total revenue
- $4,859,564
- Total expenses
- $4,355,995
- Contributions and grants received
- $298,723
- Grants paid
- $0
- Program service revenue
- $4,415,250
- Investment income
- $120,591
- Other revenue
- $25,000
- Total assets, end of year
- $3,713,931
- Total liabilities, end of year
- $647,343
- Net assets or fund balances, end of year
- $3,066,588
- Program services expenses (Part IX)
- $3,112,661
- Management and general expenses
- $1,143,259
- Fundraising expenses
- $100,075
- Program service expenses (Part III)
- $3,112,661
Program services were 71.5% 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.
-
1f · All other contributions, gifts and grants
$298,723
-
2a · Program service revenue: PROGRAM REGISTRATION
total $4,415,250 · related or exempt $4,415,250
-
3 · Investment income
total $113,984 · excluded $113,984
-
7a · Gross sales of assets other than inventory
securities $272,985
-
7b · Less cost or other basis and sales expenses
securities $266,378
-
7c · Gain or loss
securities $6,607
-
7d · Net gain or loss
total $6,607 · excluded $6,607
-
11a · Other revenue: TENANT IMPROVEMENT ALLOWANCE
total $25,000 · related or exempt $25,000
-
11e · Other revenue, total
$25,000
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $303,617 · program services $85,037 · management and general $194,291 · fundraising $24,289
-
7 · Other salaries and wages
total $727,125 · program services $174,510 · management and general $494,445 · fundraising $58,170
-
8 · Pension plan contributions
total $18,412 · program services $12,520 · management and general $4,419 · fundraising $1,473
-
10 · Payroll taxes
total $51,625 · program services $35,105 · management and general $12,390 · fundraising $4,130
-
11b · Fees: legal
total $2,654 · management and general $2,654
-
11c · Fees: accounting
total $22,297 · management and general $22,297
-
11g · Fees: other
total $19,881 · management and general $19,195 · fundraising $686
-
12 · Advertising and promotion
total $123,781 · management and general $123,781
-
13 · Office expenses
total $93,565 · program services $90,208 · management and general $2,812 · fundraising $545
-
14 · Information technology
total $33,570 · program services $15,959 · management and general $17,611
-
16 · Occupancy
total $99,132 · management and general $99,132
-
17 · Travel
total $2,548 · management and general $2,548
-
19 · Conferences, conventions and meetings
total $10,837 · management and general $10,837
-
22 · Depreciation, depletion and amortization
total $11,187 · management and general $11,187
-
23 · Insurance
total $80,842 · management and general $80,842
-
24a · Other expenses: BOOK, SUBSCRIPTIONS, REF
total $2,699,250 · program services $2,699,250
-
24b · Other expenses: BANK AND CREDIT CARD FEES
total $30,941 · management and general $30,941
-
24c · Other expenses: MISCELLANEOUS
total $16,977 · program services $72 · management and general $8,495 · fundraising $8,410
-
24d · Other expenses: TELEPHONE
total $4,828 · management and general $4,828
-
24e · All other expenses
total $2,926 · management and general $554 · fundraising $2,372
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $472,150 · end of year $950,149
-
2 · Savings and temporary cash investments
beginning of year $1,313,542 · end of year $1,174,959
-
4 · Accounts receivable
beginning of year $489,864 · end of year $327,332
-
8 · Inventories for sale or use
beginning of year $69,874 · end of year $46,017
-
9 · Prepaid expenses and deferred charges
beginning of year $2,073 · end of year $2,043
-
10a · Land, buildings and equipment: cost or other basis
$138,851
-
10b · Land, buildings and equipment: accumulated depreciation
$60,586
-
10c · Land, buildings and equipment, net
beginning of year $19,613 · end of year $78,265
-
11 · Investments: publicly traded securities
beginning of year $560,309 · end of year $696,021
-
15 · Other assets
beginning of year $159,386 · end of year $439,145
-
17 · Accounts payable and accrued expenses
beginning of year $294,816 · end of year $197,164
-
19 · Deferred revenue
beginning of year $65,544 · end of year $3,599
-
25 · Other liabilities
beginning of year $174,592 · end of year $446,580
-
27 · Net assets without donor restrictions
beginning of year $2,551,859 · end of year $3,062,818
-
28 · Net assets with donor restrictions
end of year $3,770
Mission and programs · 2024
Mission
WE USE THE POWER OF READING ALOUD TOGETHER TO BUILD CONNECTIONS ACROSS FAMILIES, SCHOOLS, AND COMMUNITIES TO CULTIVATE STUDENTS LEARNING AND SUCCESS.
-
IN FY25, READ TO THEM INC. HAS PROVIDED BOOKS AND FACILITATED COMMUNITY READING PROGRAMS FOR MORE THAN 533,752 STUDENTS IN OVER 1,500 SCHOOLS. READ TO THEM SUPPORTS SCHOOLS IN 49 STATES.
Expenses $3,112,661 · Revenue $4,415,250
As filed on the 2024 return.
Listed in Part VII
-
CHRISTA DONOHUE
EXECUTIVE DI
- Total calculated
- $159,073
- From this org
- $136,638
- From related orgs
- $0
- Other
- $22,435
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,638
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,079
- Nontaxable benefits
- $17,356
- Filer's total
- $159,073
-
LYMAN COFFEY
DIRECTOR OF
- Total calculated
- $114,937
- From this org
- $114,937
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
JESSICA ALLISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELIZABETH BLUE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
OPAL CHRISTIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MONICA MCDEARMON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ARIEL NATHAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAMANTHA OTERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CATHY PLAGEMAN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JENNA SMIGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAIRA THADANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOUG WOOD
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
ELIZABETH VOSMIK
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
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 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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 18 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202620149349300917
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.