Totals
- Total revenue
- $7,733,588
- Total expenses
- $5,483,841
- Contributions and grants received
- $3,322,762
- Grants paid
- $0
- Program service revenue
- $3,490,822
- Investment income
- $140,991
- Other revenue
- $779,013
- Total assets, end of year
- $8,621,975
- Total liabilities, end of year
- $3,462,455
- Net assets or fund balances, end of year
- $5,159,520
- Program services expenses (Part IX)
- $4,710,804
- Management and general expenses
- $620,961
- Fundraising expenses
- $152,076
- Program service expenses (Part III)
- $4,710,804
Program services were 85.9% 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
$3,322,762
-
2a · Program service revenue: PROFESSIONAL DEVELOPMENT
total $2,050,000 · related or exempt $2,050,000
-
2b · Program service revenue: CONFERENCE FEES
total $1,052,145 · related or exempt $1,052,145
-
2c · Program service revenue: JOURNAL REVENUE
total $320,889 · related or exempt $269,989 · unrelated business $50,900
-
2d · Program service revenue: CHAPTER REVENUE
total $35,688 · related or exempt $35,688
-
2e · Program service revenue: LIVE EVENTS
total $32,100 · related or exempt $32,100
-
3 · Investment income
total $137,758 · excluded $137,758
-
7a · Gross sales of assets other than inventory
other assets $3,233
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $3,233
-
7d · Net gain or loss
total $3,233 · related or exempt $3,233
-
10a · Gross sales of inventory
$1,549,282
-
10b · Cost of goods sold
$770,269
-
10c · Net income from sales of inventory
total $779,013 · related or exempt $779,013
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $248,374 · program services $196,180 · management and general $41,728 · fundraising $10,466
-
7 · Other salaries and wages
total $1,494,527 · program services $1,123,606 · management and general $296,299 · fundraising $74,622
-
8 · Pension plan contributions
total $60,505 · program services $45,235 · management and general $12,307 · fundraising $2,963
-
9 · Other employee benefits
total $147,005 · program services $109,905 · management and general $29,901 · fundraising $7,199
-
10 · Payroll taxes
total $131,386 · program services $98,228 · management and general $26,724 · fundraising $6,434
-
11b · Fees: legal
total $18,591 · program services $17,954 · management and general $548 · fundraising $89
-
11c · Fees: accounting
total $11,601 · program services $11,203 · management and general $342 · fundraising $56
-
11g · Fees: other
total $1,305,808 · program services $1,259,767 · management and general $39,595 · fundraising $6,446
-
12 · Advertising and promotion
total $150,455 · program services $82,993 · management and general $66,609 · fundraising $853
-
13 · Office expenses
total $135,782 · program services $117,578 · management and general $5,702 · fundraising $12,502
-
16 · Occupancy
total $62,701 · program services $51,566 · management and general $8,895 · fundraising $2,240
-
17 · Travel
total $133,015 · program services $125,478 · management and general $5,438 · fundraising $2,099
-
19 · Conferences, conventions and meetings
total $737,661 · program services $720,829 · management and general $13,131 · fundraising $3,701
-
22 · Depreciation, depletion and amortization
total $482,026 · program services $458,287 · management and general $18,963 · fundraising $4,776
-
23 · Insurance
total $15,117 · program services $11,484 · management and general $2,915 · fundraising $718
-
24a · Other expenses: JOURNAL EXPENSES
total $120,293 · program services $120,293
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $85,206 · program services $64,716 · management and general $18,317 · fundraising $2,173
-
24c · Other expenses: PROGRAM SUPPLIES & EXPE
total $57,978 · program services $54,757 · management and general $2,573 · fundraising $648
-
24d · Other expenses: MISCELLANEOUS
total $43,129 · program services $38,870 · management and general $2,778 · fundraising $1,481
-
24e · All other expenses
total $42,681 · program services $1,875 · management and general $28,196 · fundraising $12,610
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $171,790 · end of year $192,563
-
2 · Savings and temporary cash investments
beginning of year $3,546,321 · end of year $3,531,148
-
4 · Accounts receivable
beginning of year $286,146 · end of year $246,704
-
8 · Inventories for sale or use
beginning of year $200,742 · end of year $260,201
-
9 · Prepaid expenses and deferred charges
beginning of year $140,112 · end of year $224,659
-
10a · Land, buildings and equipment: cost or other basis
$1,380,797
-
10b · Land, buildings and equipment: accumulated depreciation
$357,849
-
10c · Land, buildings and equipment, net
beginning of year $512,587 · end of year $1,022,948
-
12 · Investments: other securities
beginning of year $1,017,325 · end of year $2,079,246
-
14 · Intangible assets
beginning of year $345,039 · end of year $511,185
-
15 · Other assets
beginning of year $394,567 · end of year $553,321
-
17 · Accounts payable and accrued expenses
beginning of year $116,437 · end of year $194,852
-
19 · Deferred revenue
beginning of year $3,184,942 · end of year $2,726,280
-
25 · Other liabilities
beginning of year $403,477 · end of year $541,323
-
27 · Net assets without donor restrictions
beginning of year $2,908,598 · end of year $5,154,020
-
28 · Net assets with donor restrictions
beginning of year $1,175 · end of year $5,500
Mission and programs · 2023
Mission
TO ADVANCE AWARENESS, UNDERSTANDING, AND USE OF EVIDENCE-ALIGNED READING INSTRUCTION.
Activities or mission (Part I)
TRL FOCUSES ON ADVANCING THE AWARENESS, UNDERSTANDING, AND USE OF EVIDENCE-ALIGNED INSTRUCTION TO IMPROVE STUDENT LITERACY OUTCOMES.
-
SERVICES - PROFESSIONAL DEVELOPMENT,COACHING AND OTHER FEES - THE READING LEAGUE PROVIDES PROFESSIONAL DEVELOPMENT, COACHING AND OTHER SERVICES TO SCHOOL DISTRICTS TO IMPROVE LITERACY OUTCOMES. PROGRAMS ARE BASED ON DISTRICT NEEDS AND CAN BE AS SHORT AS A DAY OR SPAN MULTIPLE YEARS.
Expenses $1,726,956 · Revenue $2,050,000
-
CONFERENCE - THE READING LEAGUE HOLDS A CONFERENCE ANNUALLY. SPEAKERS INCLUDE EXPERTS IN THE SCIENCE OF READING WHO PRESENT ON EVIDENCE ALIGNED PRACTICES. IN 2023 THERE WERE 1,448 CONFERENCE ATTENDEES.
Expenses $1,040,211 · Revenue $1,054,988
-
MERCHANDISE SALES - THE READING LEAGUE OFFERS PROFESSIONAL BOOKS AND RESOURCES AS WELL AS DECODABLE BOOKS FOR CLASSROOM USE THAT ARE ALIGNED WITH THE SCIENCE OF READING TO SUPPLEMENT OUR CUSTOMER'S SCIENCE OF READING JOURNEY. TRL ALSO OFFERS LOGOED MERCHANDISE.
Expenses $170,402 · Revenue $779,013
-
READING BUDDIES - THE READING LEAGUE READING BUDDIES TM - THE READING LEAGUE'S READING BUDDIES TM IS A FOUNDATIONAL TV SERIES FOR STUDENTS IN KINDERGARTEN THROUGH THIRD GRADE. THE 60 EPISODE SHOW INSTRUCTS IN THREE IMPORTANT UNDERLYING COMPONENTS OF WORD READING: PHONOLOGICAL AWARENESS,LETTER NAMES/SOUNDS AND BLENDING SOUNDS TO DECODE WORDS ACCURATELY.
Expenses $903,616
-
CHAPTERS -CHAPTERS ARE A 501C(3)ORGANIZATION WHOSE MISSION IS SIMILAR TO THE READING LEAGUE'S AND ALIGNS WITH OUR PURPOSE, ACTIVITIES AND POLICIES.
Expenses $174,685 · Revenue $35,688
-
THE COMPASS - THE COMPASS PROGRAM IS A WEBSITE THAT POINTS STAKEHOLDERS SUCH AS POLICYMAKERS, PUBLISHERS, PROFESSORS, TEACHERS, AND ADMINISTRATORS IN THE RIGHT DIRECTION BEFORE THEY MAKE A DECISION RELATED TO THE READING CURRICULUM. IT WILL PROVIDE A RELIABLE, GO-TO SET OF RESOURCES ALIGNED TO THE SCIENCE OF READING TO THOSE WHOSE DECISIONS IMPACT TEACHERS "FROM ABOVE".
Expenses $313,606
-
JOURNAL - THE READING LEAGUE OFFERS A PEER REVIEWED PUBLICATION WRITTEN AND EDITED BY BOTH EDUCATORS AND RESEARCHERS THAT FOCUSES ON LEVERAGING SCIENTIFIC EVIDENCE TO IMPROVE PRACTICE. THE JOURNAL IS PUBLISHED 3 TIMES A YEAR. SUBSCRIPTIONS ARE $100 PER YEAR.
Expenses $253,945 · Revenue $269,989
-
EVENTS - THE READING LEAGUE OFFERS LIVE EVENTS THAT BRING INDUSTRY EXPERTS IN THE SCIENCE OF READING TO PROVIDE INSIGHT ON EVIDENCE ALIGNED PRACTICES. FEES RANGE FROM NO COST TO UP TO $20 IN ADDITION TO BEING SUPPORTED BY SPONSORSHIPS.
Expenses $127,383 · Revenue $32,490
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Stephanie FinnSTEPHANIE FINN
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Sheila ClonanSHEILA CLONAN
MEMBER
- Total calculated
- $12,600
- From this org
- $12,600
- From related orgs
- $0
- Other
- $0
- Hours/week
- 2
-
Eiman AbdulrahmanEIMAN ABDULRAHMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amy SiracusanoAMY SIRACUSANO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Michelle StorieMICHELLE STORIE
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jill RyanJILL RYAN
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Antonio FierroANTONIO FIERRO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maria MastrianoMARIA MASTRIANO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mitchell BrookinsMITCHELL BROOKINS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Linda MiloskyLINDA MILOSKY
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matthew A NichollMATTHEW A NICHOLL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lawrence F SalaminoLAWRENCE F SALAMINO
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Deborah StuckDEBORAH STUCK
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Desmond WilliamsDESMOND WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Maria MurrayMARIA MURRAY
CHIEF EXECUTIVE OFFICER
- Total calculated
- $205,021
- From this org
- $185,671
- From related orgs
- $0
- Other
- $19,350
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $185,671
- Bonus
- $0
- Other
- $0
- Deferred
- $9,500
- Nontaxable benefits
- $9,850
- Filer's total
- $205,021
-
Heidi Beverine-CurryHEIDI BEVERINE-CURRY
CHIEF ACADEMIC OFFICER
- Total calculated
- $166,908
- From this org
- $145,208
- From related orgs
- $0
- Other
- $21,700
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $145,208
- Bonus
- $0
- Other
- $0
- Deferred
- $5,200
- Nontaxable benefits
- $16,500
- Filer's total
- $166,908
-
Christine GoodmanCHRISTINE GOODMAN
CHIEF ADMINISTRATIVE OFFIC
- Total calculated
- $179,241
- From this org
- $161,391
- From related orgs
- $0
- Other
- $17,850
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,391
- Bonus
- $0
- Other
- $0
- Deferred
- $8,250
- Nontaxable benefits
- $9,600
- Filer's total
- $179,241
-
Toni Ann WalshTONI ANN WALSH
CHIEF MARKETING OFFICER
- Total calculated
- $151,103
- From this org
- $133,073
- From related orgs
- $0
- Other
- $18,030
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $133,073
- Bonus
- $0
- Other
- $0
- Deferred
- $6,930
- Nontaxable benefits
- $11,100
- Filer's total
- $151,103
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
- 2023
- Filed
- 15 November 2023
- IRS schema version
- 2023v5.1
- Source object
- 202442839349301719
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