Totals
- Total revenue
- $656,402
- Total expenses
- $611,329
- Contributions and grants received
- $645,867
- Grants paid
- $381,464
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $10,535
- Total assets, end of year
- $47,825
- Total liabilities, end of year
- $41,746
- Net assets or fund balances, end of year
- $6,079
- Program services expenses (Part IX)
- $553,790
- Management and general expenses
- $52,841
- Fundraising expenses
- $4,698
- Program service expenses (Part III)
- $553,790
Program services were 90.6% 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.
-
1c · Fundraising events
$25,500
-
1f · All other contributions, gifts and grants
$620,367
-
1g · Noncash contributions included above
$393,750
-
8a · Fundraising events: gross income
$71,540
-
8a · Fundraising events: contributions included on line 1c
$25,500
-
8b · Fundraising events: direct expenses
$61,005
-
8c · Net income from fundraising events
total $10,535 · excluded $10,535
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $381,464 · program services $381,464
-
7 · Other salaries and wages
total $5,000 · program services $4,250 · management and general $750
-
10 · Payroll taxes
total $542 · program services $461 · management and general $81
-
11b · Fees: legal
total $5,500 · management and general $5,500
-
11c · Fees: accounting
total $8,463 · management and general $8,463
-
11g · Fees: other
total $26,800 · program services $23,902 · fundraising $2,898
-
12 · Advertising and promotion
total $8,876 · program services $6,950 · management and general $1,226 · fundraising $700
-
13 · Office expenses
total $41,155 · program services $34,982 · management and general $6,173
-
14 · Information technology
total $11,467 · program services $9,747 · management and general $1,720
-
16 · Occupancy
total $26,067 · program services $22,157 · management and general $3,910
-
17 · Travel
total $26,210 · program services $22,279 · management and general $2,831 · fundraising $1,100
-
19 · Conferences, conventions and meetings
total $1,283 · program services $1,283
-
23 · Insurance
total $4,887 · management and general $4,887
-
24a · Other expenses: PROGRAM EXPENSES
total $46,315 · program services $46,315
-
24b · Other expenses: DUES & SUBSCRIPTIONS
total $12,624 · management and general $12,624
-
24c · Other expenses: MERCHANT ACCOUNT FEES
total $2,625 · management and general $2,625
-
24d · Other expenses: PROCESSING FEES
total $587 · management and general $587
-
24e · All other expenses
total $1,464 · management and general $1,464
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,578 · end of year $32,017
-
2 · Savings and temporary cash investments
beginning of year $5 · end of year $5
-
3 · Pledges and grants receivable
beginning of year $2,000
-
4 · Accounts receivable
end of year $500
-
8 · Inventories for sale or use
end of year $13,000
-
10a · Land, buildings and equipment: cost or other basis
$2,303
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $2,303
-
17 · Accounts payable and accrued expenses
beginning of year $11,546 · end of year $7,955
-
22 · Loans and payables to officers and key people
beginning of year $33,031 · end of year $33,791
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year -$38,994 · end of year $6,079
Mission and programs · 2024
Mission
OUR MISSION IS TO PROMOTE THE LOVE OF PHYSICALLY DIVERSE BOOKS WITH CHILDREN AGES 4-12 AND TO USE TECHNOLOGY TO CONNECT OUR STUDENTS AND MENTORS WITH DIVERSE BOOKS THAT ENCOURAGE, INSPIRE, AND EDUCATE.
Activities or mission (Part I)
TO PROMOTE THE LOVE OF PHYSICAL DIVERSE BOOKS WITH CHILDREN AGES 4-12.
-
READING (AND BEING READ TO) HAS BEEN LINKED TO ALL SORTS OF AMAZING BENEFITS, INCLUDING ENHANCING CREATIVITY, RELEASING ENDORPHINS (POSITIVE EFFECT ON MOOD), INCREASING EMPATHY, DECREASING STRESS, ENHANCING MEMORY, IMPROVING SCHOOL PERFORMANCE, AND INCREASING VOCABULARY. IN ADDITION, A LONG-TERM STUDY BY THE ANNE E. CASEY FOUNDATION FOUND THAT STUDENTS WHO WERE NOT PROFICIENT IN READING BY THE END OF THIRD GRADE WERE FOUR TIMES MORE LIKELY TO DROP OUT OF HIGH SCHOOL THAN PROFICIENT READERS. THE STUDY FURTHER CONCLUDED THAT 88 PERCENT OF STUDENTS WHO FAILED TO EARN A HIGH SCHOOL DIPLOMA WERE STRUGGLING READERS IN THIRD GRADE.OUR KIDS READ IS THEREFORE FOCUSING ON PRE-K THROUGH 5TH GRADE AS THE TARGET FOR OUR READING PROGRAMS IN HOPES OF CREATING LIFELONG READERS TO REAP THE BENEFITS OF READING AND ALL OF ITS BENEFITS.
Expenses $443,032 · Grants $381,464
-
THE OUR KIDS READ "REMOTE READING BUDDIES" PROGRAM CONNECTS WHITE AND BLUE-COLLAR PROFESSIONALS, RETIREES, AND HIGH SCHOOL STUDENTS LOOKING TO SATISFY THEIR COMMUNITY SERVICE HOURS WITH YOUNG PEOPLE IN OUR PROGRAMS WHO ARE BEHIND IN THEIR READING SKILLS. WE RECRUIT FROM LARGE AND SMALL COMPANIES, LOOKING FOR INDIVIDUALS WHO CAN SPARE AT LEAST 30 MINUTES PER WEEK TO READ TO A CHILD (MINIMUM 8-WEEK COMMITMENT). WE AIM TO EXPAND THE READING BUDDIES PROGRAM EXPONENTIALLY OVER THE NEXT FEW YEARS: 250 READING BUDDIES IN 2024, AND 1,000 READING BUDDIES IN 2025.
Expenses $110,758
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jahmal LakeJAHMAL LAKE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 16
-
Myrleen SpringerMYRLEEN SPRINGER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Denise DoigDENISE DOIG
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Marquis ParkerMARQUIS PARKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kamil Ali-JacksonKAMIL ALI-JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen AliKAREN ALI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shawn ColeSHAWN COLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
-
AMBER CHARTER SCHOOL FREE BOOK FESTIVAL
$0
DONATED BOOKS FOR READING PROGRAM
-
BALTIMORE POP-UP IN THE PARK
$0
DONATED BOOKS FOR READING PROGRAM
-
BOISE ELIOT PORTLAND OR FREE BOOK FESTIVAL
$0
DONATED BOOKS FOR READING PROGRAM
-
BOYS & GIRLS CLUB OF PORTLAND BOOK GIVEAWAY (LIONEL CLEGG)
$0
DONATED BOOKS FOR READING PROGRAM
-
DD'S DISCOUNTS COMMUNITY BOOK GIVEAWAY
$0
DONATED BOOKS FOR READING PROGRAM
-
DISABILITY ALLIANCE FOR BLACK CHILDREN
$0
DONATED BOOKS FOR READING PROGRAM
-
FORD FREC JUNETEENTH LITERACY CELEBRATION
$0
DONATED BOOKS FOR READING PROGRAM
-
FOREST EDGE ELEMENTARY SCHOOL
$0
DONATED BOOKS FOR READING PROGRAM
-
GLENMOUNT ELEMENTARY SCHOOL FREE BOOK FESTIVAL
$0
DONATED BOOKS FOR READING PROGRAM
-
JEROME BETTISJASMINE NYREE BOOK GIVEAWAY
$0
DONATED BOOKS FOR READING PROGRAM
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513199349302601
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.