Totals
- Total revenue
- $2,706,987
- Total expenses
- $3,649,720
- Contributions and grants received
- $2,418,513
- Grants paid
- $0
- Program service revenue
- $265,611
- Investment income
- $22,863
- Other revenue
- $0
- Total assets, end of year
- $1,775,760
- Total liabilities, end of year
- $106,031
- Net assets or fund balances, end of year
- $1,669,729
- Program services expenses (Part IX)
- $3,079,503
- Management and general expenses
- $284,725
- Fundraising expenses
- $285,492
- Program service expenses (Part III)
- $3,079,503
Program services were 84.4% 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
$2,418,513
-
1g · Noncash contributions included above
$159,659
-
2a · Program service revenue: LICENSING INCOME
total $210,210 · related or exempt $210,210
-
2b · Program service revenue: CONTRACT SERVICES
total $55,401 · related or exempt $55,401
-
3 · Investment income
total $23,188 · excluded $23,188
-
7a · Gross sales of assets other than inventory
securities $459,899
-
7b · Less cost or other basis and sales expenses
securities $460,224
-
7c · Gain or loss
securities -$325
-
7d · Net gain or loss
total -$325 · excluded -$325
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $716,614 · program services $645,504 · management and general $22,626 · fundraising $48,484
-
7 · Other salaries and wages
total $1,369,818 · program services $1,213,380 · management and general $73,321 · fundraising $83,117
-
9 · Other employee benefits
total $128,579 · program services $116,039 · management and general $5,848 · fundraising $6,692
-
10 · Payroll taxes
total $141,975 · program services $126,587 · management and general $6,524 · fundraising $8,864
-
11c · Fees: accounting
total $43,300 · management and general $43,300
-
11g · Fees: other
total $858,431 · program services $709,298 · management and general $51,521 · fundraising $97,612
-
13 · Office expenses
total $25,082 · program services $9,968 · management and general $3,784 · fundraising $11,330
-
14 · Information technology
total $10,349 · program services $9,856 · management and general $164 · fundraising $329
-
16 · Occupancy
total $490 · management and general $490
-
17 · Travel
total $44,278 · program services $4,510 · management and general $39,768
-
19 · Conferences, conventions and meetings
total $230,981 · program services $202,679 · management and general $462 · fundraising $27,840
-
22 · Depreciation, depletion and amortization
total $3,821 · management and general $3,821
-
23 · Insurance
total $16,689 · program services $15,688 · management and general $333 · fundraising $668
-
24a · Other expenses: CURRICULUM MATERIALS
total $19,155 · program services $19,155
-
24b · Other expenses: MISCELLANEOUS
total $17,148 · program services $270 · management and general $16,878
-
24c · Other expenses: BANK CHARGES
total $11,244 · management and general $11,244
-
24d · Other expenses: MEMBERSHIP FEES
total $8,403 · program services $6,293 · management and general $2,110
-
24e · All other expenses
total $3,363 · program services $276 · management and general $2,531 · fundraising $556
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $152,340 · end of year $42,112
-
2 · Savings and temporary cash investments
beginning of year $1,282,590 · end of year $982,524
-
3 · Pledges and grants receivable
beginning of year $1,015,457 · end of year $455,048
-
4 · Accounts receivable
end of year $46,875
-
10a · Land, buildings and equipment: cost or other basis
$688,512
-
10b · Land, buildings and equipment: accumulated depreciation
$683,276
-
10c · Land, buildings and equipment, net
beginning of year $9,057 · end of year $5,236
-
11 · Investments: publicly traded securities
beginning of year $226,023 · end of year $243,965
-
17 · Accounts payable and accrued expenses
beginning of year $82,239 · end of year $106,031
-
27 · Net assets without donor restrictions
beginning of year $1,530,268 · end of year $1,397,148
-
28 · Net assets with donor restrictions
beginning of year $1,072,960 · end of year $272,581
Mission and programs · 2023
Mission
READWORKS IS AN EDUCATION-TECHNOLOGY NON-PROFIT FOCUSED ON IMPROVING READING COMPREHENSION THAT, THROUGH ITS DIGITAL PLATFORM, PROVIDES RESEARCH-BASED CONTENT, CURRICULAR SUPPORTS, AND OTHER FEATURES THAT INTEGRATE WITH CORE ENGLISH LANGUAGE ARTS (ELA) CURRICULA. IN THE 2020-2021 SCHOOL YEAR ALONE, READWORKS WAS USED BY MORE THAN 1 MILLION EDUCATORS AND THEIR MILLIONS OF STUDENTS, INCLUDING THOSE IN 93% OF THE HIGHEST-POVERTY K-8 SCHOOLS-THE POPULATION WE ARE MOST FOCUSED ON BASED ON OUR MISSION.
Activities or mission (Part I)
READWORKS IS AN EDUCATION-TECHNOLOGY NON-PROFIT FOCUSED ON IMPROVING READING COMPREHENSION THAT, THROUGH ITS DIGITAL PLATFORM, PROVIDES RESEARCH-BASED CONTENT, CURRICULAR SUPPORTS, AND OTHER FEATURES THAT INTEGRATE WITH CORE ENGLISH LANGUAGE ARTS (ELA) CURRICULA.
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $3,079,503 · Revenue $265,611
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Daria L WallachDARIA L WALLACH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Wilson NeelyWILSON NEELY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Jamie BeardJAMIE BEARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gina N CervettiGINA N CERVETTI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cathy James PagliaCATHY JAMES PAGLIA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mandy CasamassimaMANDY CASAMASSIMA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Karim Kam MoolaniKARIM KAM MOOLANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Willard Overlock JrWILLARD OVERLOCK JR
DIRECTOR (THROUGH 10/24)
- Total calculated
- $0
- Hours/week
- 1
-
Howard SchillerHOWARD SCHILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cameron AmstaterCAMERON AMSTATER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry BowmanTERRY BOWMAN
EXECUTIVE DIRECTOR
- Total calculated
- $258,659
- From this org
- $235,842
- From related orgs
- $0
- Other
- $22,817
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,432
- Bonus
- $33,410
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $22,817
- Filer's total
- $258,659
-
Cameron SwaimCAMERON SWAIM
SENIOR DIRECTOR OF ENGINEERING
- Total calculated
- $195,000
- From this org
- $190,261
- From related orgs
- $0
- Other
- $4,739
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,261
- Bonus
- $15,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $4,739
- Filer's total
- $195,000
-
Susanne NoblesSUSANNE NOBLES
CHIEF ACADEMIC OFFICER
- Total calculated
- $195,000
- From this org
- $189,133
- From related orgs
- $0
- Other
- $5,867
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,133
- Bonus
- $15,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $5,867
- Filer's total
- $195,000
-
Benjamin NicholsBENJAMIN NICHOLS
SENIOR BACK END ENGINEER
- Total calculated
- $133,016
- From this org
- $129,929
- From related orgs
- $0
- Other
- $3,087
- Hours/week
- 40
-
Jeffrey FleishhackerJEFFREY FLEISHHACKER
SENIOR DIRECTOR PRODUCT DEVELOPMENT
- Total calculated
- $132,147
- From this org
- $126,907
- From related orgs
- $0
- Other
- $5,240
- Hours/week
- 40
-
Melissa CalderMELISSA CALDER
DIRECTOR OF MARKETING & ENGAGEMENT
- Total calculated
- $117,318
- From this org
- $115,088
- From related orgs
- $0
- Other
- $2,230
- Hours/week
- 40
-
Jack WaltonJACK WALTON
SENIOR DATA ENGINEER
- Total calculated
- $117,000
- From this org
- $114,740
- From related orgs
- $0
- Other
- $2,260
- Hours/week
- 40
-
Anh HuaANH HUA
SENIOR DATA ENGINEER
- Total calculated
- $114,660
- From this org
- $110,962
- From related orgs
- $0
- Other
- $3,698
- 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. 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 committee
- 3 · Form 990 of other organizations
- 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 July 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501969349300545
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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