Form 990 for tax year 2024

Totals

Total revenue

$2,637,036

Total expenses

$3,552,418

Contributions and grants received

$2,387,598

Grants paid

$0

Program service revenue

$198,335

Investment income

$39,997

Other revenue

$11,106

Total assets, end of year

$830,260

Total liabilities, end of year

$76,627

Net assets or fund balances, end of year

$753,633

Program services expenses (Part IX)

$2,949,253

Management and general expenses

$273,129

Fundraising expenses

$330,036

Program service expenses (Part III)

$2,949,253

Program services were 83.0% 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.

Mission and programs · 2024

• WITH A DEEP COMMITMENT TO UNDER-RESOURCED COMMUNITIES, READWORKS SUPPORTS TEACHER INSTRUCTION THAT BUILDS THE KNOWLEDGE AND VOCABULARY THAT DRIVE STUDENTS' READING COMPREHENSION.READWORKS CONTINUES TO FOCUS ON GROWING AND IMPROVING OUR PRODUCT TO IMPACT THE MILLIONS OF USERS WE SERVE, BASED ON DATA, THE SCIENCE OF READING, AND A DEEP UNDERSTANDING AND EMPATHY FOR THE PRACTICAL REALITIES FACED BY TEACHERS AND STUDENTS IN CLASSROOMS TODAY. IN THE 2024-2025 SCHOOL YEAR, READWORKS SERVED OVER 800,000 EDUCATORS AND MORE THAN 10.5 MILLION STUDENTS.FOR OVER TWO DECADES, WE HAVE SUPPORTED EDUCATORS AND STUDENTS THROUGH FREE RESOURCES, OFFERING: - A WIDE-RANGING LIBRARY - THOUSANDS OF K-12 TEXTS WITH ACADEMICALLY- AND CULTURALLY-RELEVANT TOPICS, OFFERING DIVERSE REPRESENTATION TO INVITE CURIOSITY, ENGAGE STUDENTS, AND FOSTER MEANINGFUL READING EXPERIENCES- EXPERTLY-CRAFTED TEXTS - CAREFULLY RESEARCHED AND WRITTEN PASSAGESBOTH NONFICTION AND FICTIONTHAT PRIORITIZE CONTENT KNOWLEDGE, VOCABULARY, TEXT STRUCTURE, SYNTAX, AND EMPATHY- SUPPLEMENTAL MATERIALS - HAND-CURATED CONTENT AND INSTRUCTIONAL ROUTINES THAT ENHANCE THE TEACHING OF TOPICS ACROSS ALL CONTENT AREAS, COMMONLY-READ BOOKS, AND ELA CURRICULA TO BUILD KNOWLEDGE AND VOCABULARY THROUGH EFFECTIVE READING PRACTICE- RESEARCH-PROVEN EFFECTIVENESS - TESTED IN CLASSROOMS WITH RESULTS THAT SHOW EDUCATOR AND STUDENT GROWTH- DIFFERENTIATION - TOOLS THAT CAN BE EASILY MODIFIED FOR A VARIETY OF LEARNING NEEDS AND THAT OFFER OPPORTUNITIES FOR BOTH ACADEMIC CHALLENGE AND SUPPORT- BILINGUAL READING - AUTHENTIC SPANISH TEXTS THAT LEVERAGE SPANISH SPEAKERS' EXISTING LANGUAGE SKILLS TO SUPPORT THEIR READING IN ENGLISH- PROFESSIONAL DEVELOPMENT - PERSONALIZED EDUCATOR SUPPORT FOCUSED ON THE NEEDS OF UNDER-RESOURCED SCHOOLS- PARTNERSHIP - COLLABORATION AMONG EXPERT STAFF, THOUGHT LEADERS, AND EDUCATORS IN UNDER-RESOURCED SCHOOLS- ACCESS FOR ALL - FREE RESOURCES THAT CAN BE USED DIGITALLY OR PRINTEDIN THE FALL OF 2024, WE LAUNCHED ONE OF OUR MOST REQUESTED OFFERINGS, SPANISH-ENGLISH PAIRED TEXTS (SEPTS). SEPTS ARE DESIGNED TO BUILD VOCABULARY, BACKGROUND KNOWLEDGE, AND STRATEGIC READING SKILLS WITHOUT REQUIRING A SEPARATE LESSON PLAN. EACH PAIR INCLUDES A SPANISH-LANGUAGE PASSAGE. A TOPICALLY-RELATED ENGLISH-LANGUAGE PASSAGE, AND A COMPREHENSION QUESTION SET FOR THE ENGLISH PASSAGE. THESE RESOURCES HELP SPANISH-SPEAKING STUDENTS USE THEIR STRENGTHS IN SPANISH TO ACCESS AND BETTER UNDERSTAND GRADE-LEVEL ENGLISH TEXTS.IN ADDITION TO THIS NEW RESOURCE, WE BECAME AN ADD-ON FOR GOOGLE CLASSROOM USERS AND LAUNCHED AN ALIGNMENT WITH THE UNIVERSITY OF FLORIDA LITERACY INSTITUTE'S UFLI PHONICS CURRICULUM, A FREE, POPULAR RESOURCE USED NATIONWIDE. WE ALSO COMPLETED AND PUBLISHED A 9-WEEK STUDY, IN WHICH STUDENTS USING READWORKS' ARTICLE-A-DAY IMPROVED BY APPROXIMATELY 11% ON THE SCIENCE BACKGROUND KNOWLEDGE ASSESSMENT. IN THE 2024-2025 SCHOOL YEAR, READWORKS WELCOMED TWO NEW MEMBERS TO THE BOARD OF DIRECTORS, ANTHONY HERNANDEZ AND LORI MAYER. ANTHONY HERNANDEZ CURRENTLY SERVES AS STRATEGIC PARTNERSHIPS MANAGER FOR GOOGLE FOR EDUCATION PARTNERSHIPS, DRIVING PRODUCT PARTNERSHIPS AND PROGRAMMATIC APPROACHES TO PARTNERING WITH THE EDTECH ECOSYSTEM TO INCREASE THE COLLECTIVE IMPACT FOR ALL. HE HAS WORKED IN CORPORATE STRATEGY, BUSINESS DEVELOPMENT, AND PARTNERSHIPS FOR MICROSOFT AND THOMSON REUTERS, AS WELL AS SERVED AS A BOARD MEMBER TO TEACH FOR AMERICA'S WA COLLECTIVE CHAPTER, AND LEADS A LOCAL SCHOLARSHIP IN HIS HOMETOWN. LORI MAYER SERVES AS A PARTNER AT PRICEWATERHOUSECOOPERS (PWC), LEADING A TRANSFORMATIONAL GLOBAL DELIVERY EXCELLENCE PROGRAM, CRAFTING A COMPREHENSIVE METHODOLOGY SUPPORTED THROUGH AN INTELLIGENT TECHNOLOGY ECOSYSTEM, AND INTEGRATING CUTTING-EDGE SOLUTIONS THROUGH GENERATIVE AI. WITH DEGREES IN COMPUTER SCIENCE AND EDUCATION FROM THE UNIVERSITY OF MICHIGAN, LORI COMBINES TECHNICAL EXPERTISE WITH EDUCATIONAL INSIGHT. HER EXPERIENCE AS A CLASSROOM TEACHER GIVES HER A UNIQUE UNDERSTANDING OF THE CHALLENGES EDUCATORS FACE, AND SHE IS COMMITTED TO USING THIS KNOWLEDGE TO HELP READWORKS BRIDGE THE GAP BETWEEN TECHNOLOGY AND EDUCATION.READWORKS REMAINS PROUD TO HAVE PARTNERED WITH CULTURAL INSTITUTIONS LIKE THE INTERNATIONAL QUILT MUSEUM, THE GILDER LEHRMAN INSTITUTE OF AMERICAN HISTORY, THE NATIONAL FISH AND WILDLIFE FOUNDATION, THE PHILADELPHIA MUSEUM OF ART, THE NEW-YORK HISTORICAL SOCIETY, THE AMERICAN MUSEUM OF NATURAL HISTORY, AND MORE. OUR LEARNING PARTNERS INCLUDE RENOWNED ORGANIZATIONS AND COMPANIES LIKE AMPLIFY CKLA, GOOGLE EDUCATION, MICROSOFT EDUCATION, AND MORE. AS WE CONTINUE SERVING STUDENTS AND EDUCATORS, WE LOOK FORWARD TO PARTNERING WITH MORE PRESTIGIOUS INSTITUTIONS AND GROWING OUR PORTFOLIO OF PARTNERS TO PROVIDE EVEN MORE OF THE HIGH-QUALITY RESOURCES FOR WHICH WE ARE KNOWN.OUR 2025 ANNUAL REPORT CAN BE FOUND HERE:HTTPS://HEYZINE.COM/FLIP-BOOK/B4E580F10D.HTML?UTM_SOURCE=EMAILSOCIALCARD&UTM_MEDIUM=HEYZINE&UTM_CAMPAIGN=ANNUALREPORT25#PAGE/1

  Expenses $2,949,253 · Revenue $198,335

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

Listed in Part VII

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

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

13 July 2026

IRS schema version

2024v5.5

Source object

202641949349300434

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