READWORKS INC

As filed

Subsection

03

NTEE code

B240

Classification

1000

Street

PO BOX 25809

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

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.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,637,036

  Expenses

  $3,552,418

  Contributions

  $2,387,598

  Grants paid

  $0

• 2023

  Revenue

  $2,706,987

  Expenses

  $3,649,720

  Contributions

  $2,418,513

  Grants paid

  $0

• 2022

  Revenue

  $4,603,761

  Expenses

  $3,007,175

  Contributions

  $4,371,764

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,891,149

  Expenses

  $2,618,134

  Assets (EOY)

  $1,139,705

• 2020 · 990

  Revenue

  $3,023,849

  Expenses

  $2,416,061

  Assets (EOY)

  $1,803,741

• 2019 · 990

  Revenue

  $2,608,316

  Expenses

  $2,248,893

  Assets (EOY)

  $1,371,746

• 2018 · 990

  Revenue

  $1,986,262

  Expenses

  $2,204,695

  Assets (EOY)

  $843,342

• 2017 · 990

  Revenue

  $2,134,448

  Expenses

  $2,208,178

  Assets (EOY)

  $1,053,947

• 2016 · 990

  Revenue

  $2,488,779

  Expenses

  $2,188,245

  Assets (EOY)

  $1,166,863

• 2015 · 990

  Revenue

  $1,241,226

  Expenses

  $1,625,514

  Assets (EOY)

  $907,467

• 2014 · 990

  Revenue

  $1,219,132

  Expenses

  $1,409,797

  Assets (EOY)

  $1,310,373

• 2013 · 990

  Revenue

  $1,397,816

  Expenses

  $1,605,314

  Assets (EOY)

  $1,453,833

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $1,244,323

  Assets (EOY)

  $1,585,952

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• IBIS GROUP

  $250,000

  2022 · EDUCATIONAL GRANT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $160,950

  2023 · For grant recipient's exempt purposes

• NATIONAL PHILANTHROPIC TR

  $97,250

  2023 · EDUCATION

• GOLDMAN SACHS CHARITABLE GIFT FUND

  $80,500

  2022 · EDUCATIONAL PROGRAMS & OTHER STUDENT SVC

• NATIONAL PHILANTHROPIC TR

  $73,250

  2024 · EDUCATION

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $63,300

  2022 · For grant recipient's exempt purposes

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $41,950

  2024 · For grant recipient's exempt purposes

• DONOR ADVISED CHARITABLE GIVING

  $35,100

  2023 · EDUCATION

• NATIONAL FISH AND WILDLIFE FOUNDATION

  $35,000

  2024 · CONSERVATION COMMUNITY CAPACITY-BUILDING

• NATIONAL PHILANTHROPIC TR

  $33,500

  2022 · EDUCATION

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files