Skip to content
Nonprofiteer
← READY READERS

Form 990 for tax year 2023

Filed by READY READERS.

Totals

Total revenue
$1,936,720
Total expenses
$1,844,981
Contributions and grants received
$1,916,130
Grants paid
$402,862
Program service revenue
$8,100
Investment income
$12,490
Other revenue
$0
Total assets, end of year
$2,271,289
Total liabilities, end of year
$235,552
Net assets or fund balances, end of year
$2,035,737
Program services expenses (Part IX)
$1,247,251
Management and general expenses
$161,980
Fundraising expenses
$435,750
Program service expenses (Part III)
$1,247,251

Program services were 67.6% 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.

  • 1a · Federated campaigns

    $50,780

  • 1f · All other contributions, gifts and grants

    $1,865,350

  • 1g · Noncash contributions included above

    $90,263

  • 2a · Program service revenue: WORKSHOPS

    total $8,100 · related or exempt $8,100

  • 3 · Investment income

    total $12,490 · excluded $12,490

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $93,713 · program services $93,713

  • 2 · Grants to domestic individuals

    total $309,149 · program services $309,149

  • 5 · Compensation of officers, directors and key employees

    total $90,410 · program services $36,164 · management and general $18,082 · fundraising $36,164

  • 7 · Other salaries and wages

    total $601,437 · program services $403,913 · management and general $24,697 · fundraising $172,827

  • 9 · Other employee benefits

    total $67,423 · program services $42,576 · management and general $2,330 · fundraising $22,517

  • 10 · Payroll taxes

    total $55,979 · program services $35,941 · management and general $2,937 · fundraising $17,101

  • 11c · Fees: accounting

    total $56,250 · management and general $56,250

  • 11e · Fees: professional fundraising services

    total $60,253 · fundraising $60,253

  • 11f · Fees: investment management

    total $4,637 · management and general $4,637

  • 11g · Fees: other

    total $27,500 · program services $21,905 · management and general $4,200 · fundraising $1,395

  • 12 · Advertising and promotion

    total $6,201 · program services $720 · management and general $5,285 · fundraising $196

  • 13 · Office expenses

    total $120,276 · program services $85,410 · management and general $13,066 · fundraising $21,800

  • 14 · Information technology

    total $67,817 · program services $22,880 · management and general $20,085 · fundraising $24,852

  • 16 · Occupancy

    total $108,412 · program services $69,579 · management and general $5,791 · fundraising $33,042

  • 19 · Conferences, conventions and meetings

    total $33,369 · program services $29,254 · management and general $1,249 · fundraising $2,866

  • 20 · Interest

    total $57,844 · program services $18,615 · management and general $2,346 · fundraising $36,883

  • 22 · Depreciation, depletion and amortization

    total $5,100 · program services $3,273 · management and general $272 · fundraising $1,555

  • 23 · Insurance

    total $14,104 · program services $9,052 · management and general $753 · fundraising $4,299

  • 24a · Other expenses: PROGRAM EVALUATION STUD

    total $57,100 · program services $57,100

  • 24b · Other expenses: VOLUNTEER TRAINING, APP

    total $8,007 · program services $8,007

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,218,749 · end of year $1,194,353

  • 3 · Pledges and grants receivable

    beginning of year $256,310 · end of year $235,522

  • 8 · Inventories for sale or use

    beginning of year $104,620 · end of year $167,552

  • 9 · Prepaid expenses and deferred charges

    beginning of year $7,429 · end of year $22,676

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

    $156,386

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

    $84,855

  • 10c · Land, buildings and equipment, net

    beginning of year $18,020 · end of year $71,531

  • 11 · Investments: publicly traded securities

    beginning of year $352,042 · end of year $384,255

  • 15 · Other assets

    beginning of year $207,875 · end of year $195,400

  • 17 · Accounts payable and accrued expenses

    beginning of year $24,593 · end of year $76,056

  • 25 · Other liabilities

    beginning of year $223,323 · end of year $159,496

  • 27 · Net assets without donor restrictions

    beginning of year $1,420,815 · end of year $1,622,808

  • 28 · Net assets with donor restrictions

    beginning of year $496,314 · end of year $412,929

Mission and programs · 2023

Mission

READY READERS EXPANDS LITERACY FOR YOUNG CHILDREN IN LOW- INCOMECOMMUNITIES THROUGH HIGH-QUALITY BOOKS, STRONG RELATIONSHIPS, ANDLITERACY-RELATED EXPERIENCES.

Activities or mission (Part I)

PREPARES LOW-INCOME, YOUNG CHILDREN TO BE READY TO READ UPON ENTERING KINDERGARTEN.

  • IN 2023-24, READY READERS ENGAGED MORE THAN 15,502 CHILDREN IN 1,205 CLASSROOMS IN STORY TIMES AND OTHER EARLY LITERACY PROGRAMMING DESIGNED TO BUILD AND STRENGTHEN EARLY LITERACY FOUNDATIONS, ENGAGE CHILDREN IN VALUABLE DISCUSSION EXPERIENCES, AND DEVELOP STRONG, TRUSTING RELATIONSHIPS WITH TRAUMA-INFORMED ADULTS. WE TRAINED AND SUPPORTED 270 VOLUNTEER READERS WHO CONNECTED WITH EARLY CHILDHOOD CENTERS AND SCHOOLS IN LOW-INCOME COMMUNITIES THROUGHOUT THE ST. LOUIS METRO REGION AND DISTRIBUTED 142,978 HIGH QUALITY NEW BOOKS TO CHILDREN AND TEACHERS.OUR VOLUNTEERS READ HIGH-QUALITY CHILDREN'S BOOKS EVERY WEEK FOR 30 MINUTES TO A CLASSROOM OF YOUNG CHILDREN. THE READER VISITS THE SAME CLASSROOM AT THE SAME TIME EACH WEEK, FORMING STRONG BONDS WITH THE CHILDREN, THE TEACHERS, AND THE CENTER. IN ADDITION TO WEEKLY READING SESSIONS, EACH CHILD RECEIVES 7 HIGH-QUALITY, NEW BOOKS THROUGHOUT THE YEAR. SINCE 2020, CLASSROOMS ARE ABLE TO SELECT PROGRAMMING THAT BEST FITS THEIR NEEDS - WHILE MOST CLASSROOMS REQUEST IN-PERSON VOLUNTEER READERS, SOME REQUEST VIRTUAL SESSIONS AND OTHERS REQUEST ONLY BOOKS AND CURRICULUM SUPPORTS.READY READERS ALSO GIVES THE CLASSROOM TEACHERS THE SAME 7 BOOKS, WITH STORY TIME ACTIVITIES TO INCORPORATE LITERACY THROUGHOUT THEIR CURRICULUM. READY READERS PROVIDES STATE-APPROVED, PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS PARTICIPATING IN THE STORYTIME PROGRAM, AS WELL AS OTHER CENTERS AND LOCATIONS (EX: COMMUNITY COLLEGES, EDUCATIONAL CONFERENCES, ETC.). ADDITIONALLY, READY READERS WORKS WITH COMMUNITY PARTNERS TO OFFER FREE, LITERACY-BASED FIELD TRIPS TO THE CLASSROOMS IN OUR STORYTIME PROGRAM. READY READERS ALSO PARTNERS WITH COMMUNITY ORGANIZATIONS TO REACH PARENTS AND FAMILIES MORE DIRECTLY AND TO PROVIDE THEM WITH INCREASED ACCESS TO BOOKS AND LITERACY RESOURCES.IN 2023, READY READERS SUCCESSFULLY PILOTED A NEIGHBORHOOD READING CAPTAINS PROGRAM IN THE ST. LOUIS WEST END NEIGHBORHOOD. NEIGHBORHOOD READING CAPTAINS ARE TRAINED AND COMPENSATED MEMBERS OF THE COMMUNITY WHO PROVIDE TRUSTED RESOURCES, OPPORTUNITIES, AND EVENTS TO STRENGTHEN THE FOUNDATION OF LITERACY IN HOMES. BY THE END OF FY25, WE ANTICIPATE THE PROGRAM WILL RECRUIT, TRAIN AND EMPLOY NEIGHBORHOOD READING CAPTAINS AND ENGAGE FAMILIES IN 6-8 NEIGHBORHOODS. AREAS OF SERVICE WILL CONTINUE TO BE IDENTIFIED BASED ON NEIGHBORHOOD NEED, ASSETS, AND IN CONSULTATION WITH THE NRC ADVISORY COUNCIL.

    Expenses $1,247,251 · Grants $402,862

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Gretta Forrester-Gaffney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rasheedah Furqan Clay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kolleen Hentschell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jason Newland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Hamacher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Miles Monson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Paul Schnabel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tracy Elzemeyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keshia Hair

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Courtney Hampton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ria Jackson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Neill Jaffe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tamyka Perine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katie Schenck

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Rhonda Gray

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jessica Perkins

    VICE PRESIDENT OF GOVERNANCE

    Total calculated
    $0
    Hours/week
    2

  • Kate Loar

    VICE PRESIDENT OF PROGRAMING

    Total calculated
    $0
    Hours/week
    2

  • Jeff Wist

    V.P. FINANCE/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Julie Beattie

    VICE PRESIDENT, DEVELOPMEN

    Total calculated
    $0
    Hours/week
    3

  • Mike Mangiore

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Angela Sears Spittal

    EXECUTIVE DIRECTOR

    Total calculated
    $90,411
    From this org
    $90,411
    From related orgs
    $0
    Other
    $0
    Hours/week
    60

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
2023
Filed
28 February 2025
IRS schema version
2023v6.0
Source object
202500599349301710

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.