Totals
- Total revenue
- $1,126,469
- Total expenses
- $821,089
- Contributions and grants received
- $1,086,445
- Grants paid
- $160,640
- Program service revenue
- $0
- Investment income
- $53,756
- Other revenue
- -$13,732
- Total assets, end of year
- $2,245,062
- Total liabilities, end of year
- $126,557
- Net assets or fund balances, end of year
- $2,118,505
- Program services expenses (Part IX)
- $527,446
- Management and general expenses
- $100,797
- Fundraising expenses
- $192,846
- Program service expenses (Part III)
- $527,446
Program services were 64.2% 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.
-
1c · Fundraising events
$147,804
-
1e · Government grants (contributions)
$322,354
-
1f · All other contributions, gifts and grants
$616,287
-
1g · Noncash contributions included above
$112,797
-
3 · Investment income
total $51,906 · excluded $51,906
-
7a · Gross sales of assets other than inventory
securities $112,797
-
7b · Less cost or other basis and sales expenses
securities $110,947
-
7c · Gain or loss
securities $1,850
-
7d · Net gain or loss
total $1,850 · excluded $1,850
-
8a · Fundraising events: gross income
$14,259
-
8a · Fundraising events: contributions included on line 1c
$147,804
-
8b · Fundraising events: direct expenses
$27,991
-
8c · Net income from fundraising events
total -$13,732 · excluded -$13,732
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $160,640 · program services $160,640
-
5 · Compensation of officers, directors and key employees
total $161,191 · program services $63,551 · management and general $33,840 · fundraising $63,800
-
7 · Other salaries and wages
total $319,224 · program services $218,677 · management and general $17,639 · fundraising $82,908
-
8 · Pension plan contributions
total $3,026 · program services $275 · management and general $278 · fundraising $2,473
-
9 · Other employee benefits
total $25,821 · program services $17,274 · management and general $2,383 · fundraising $6,164
-
10 · Payroll taxes
total $42,243 · program services $22,975 · management and general $7,490 · fundraising $11,778
-
11c · Fees: accounting
total $22,375 · program services $9,236 · management and general $13,139
-
11e · Fees: professional fundraising services
total $21,688 · fundraising $21,688
-
11g · Fees: other
total $1,510 · program services $1,510
-
13 · Office expenses
total $18,817 · program services $3,704 · management and general $11,100 · fundraising $4,013
-
14 · Information technology
total $79 · program services $79
-
17 · Travel
total $1,030 · management and general $1,008 · fundraising $22
-
23 · Insurance
total $6,617 · management and general $6,617
-
24a · Other expenses: Program evaluation
total $26,300 · program services $21,058 · management and general $5,242
-
24b · Other expenses: Program materials
total $8,638 · program services $8,467 · management and general $171
-
24e · All other expenses
total $1,890 · management and general $1,890
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $385,420 · end of year $263,509
-
2 · Savings and temporary cash investments
beginning of year $807,615 · end of year $859,880
-
3 · Pledges and grants receivable
beginning of year $157,599 · end of year $418,094
-
9 · Prepaid expenses and deferred charges
end of year $3,518
-
11 · Investments: publicly traded securities
beginning of year $579,989 · end of year $700,061
-
17 · Accounts payable and accrued expenses
beginning of year $123,346 · end of year $126,557
-
18 · Grants payable
beginning of year $1,776
-
27 · Net assets without donor restrictions
beginning of year $1,745,501 · end of year $1,700,411
-
28 · Net assets with donor restrictions
beginning of year $60,000 · end of year $418,094
Mission and programs · 2024
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)
Propel young students to become inspired readers and teens to become impactful leaders.
-
Team Read's mission is: "Team Read propels students to become inspired, joyful readers and teens to become impactful leaders, ready to succeed in school and life, building stronger communities for all." In alignment with this mission, students in grades 8 through 12 serve as reading coaches (tutors) to 2nd and 3rd-grade students (4th grade in some schools) who are reading at least one year below grade level. This dual-impact model helps students reading below grade level become confident readers and helps teens develop work and life skills. This year, Team Read strengthened both program fidelity and responsiveness to site-level needs through targeted improvements to curriculum, logistics, and staff support. All districts implemented a consistent curriculum that included Word Work and phonics packets to reinforce foundational reading skills. Updates to the Power Reader Journal and the integration of monthly themes further enhanced instructional alignment and student engagement. Site Coordinators were supported through structured training, regular check-ins, and new tools like observation notebooks, which promoted quality implementation. Reading Coaches benefited from more flexible training options, with ongoing professional development in literacy and behavior management generating continued interest.
Expenses $527,446 · Grants $160,640
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matt Hrdlicka
President
- Total calculated
- $0
- Hours/week
- 4
-
Ingrid Stegemoeller
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Veronica Cook
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Meli Gass
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Rachell Gulanes
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Seana Hayden
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Donna Lou
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer Wong
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Cathy Wu
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Ariel Mieling
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Maria Hansen
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Bree Fraser
Board member
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Pailthorp
Executive Director, former
- Total calculated
- $82,820
- From this org
- $77,879
- From related orgs
- $0
- Other
- $4,941
- Hours/week
- 40
-
Ebony Pattenaude
Executive Director
- Total calculated
- $65,362
- From this org
- $62,645
- From related orgs
- $0
- Other
- $2,717
- 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
-
Seattle Public Schools
$144,698
Reimbursable grant that supported coach wages for summer programming and a portion staff wages
-
Highline Public Schools
$7,954
Reimbursable grant supporting coach wages for school year programming.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202621819349301592
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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