Wondermore Inc
- Assets
- $172.0k
- Revenue
- $173.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Dedham, MA
- Founding
- 03/1989
- Data as of
- 06/2022
- EIN
- 04-2795274
Organization Overview
Wondermore Inc is located in Dedham, MA. The organization was established in 1989. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 06/2022, Wondermore Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wondermore Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Wondermore Inc generated $173.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $187.9k during the year ending 06/2022. While expenses have increased by 21.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WONDERMORE'S MISSION IS TO NURTURE CURIOSITY, ENRICH CURRICULUM, AND INSPIRE A LOVE OF GOOD BOOKS BY CONNECTING BOSTON-AREA STUDENTS TO CREATORS OF CHILDREN'S LITERATURE WHO REFLECT OUR DIVERSE AND VIBRANT COMMUNITIES. WONDERMORE ENVISIONS A WORLD IN WHICH ALL CHILDREN HAVE THE OPPORTUNITY TO SEE THEMSELVES IN THE BOOKS THEY READ AND ARE INSPIRED TO BECOME LIFELONG LEARNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUTHOR/ILLUSTRATOR VISITS TO PUBLIC SCHOOLS. DURING THE FISCAL YEAR WE VISITED 22 TITLE I SCHOOLS. WE SERVED APPROXIMATELY 3163 STUDENTS DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Lindy Coll Executive Director | Officer | 25 | $27,011 |
Aimee Bryant Vice Chair | OfficerTrustee | 3 | $0 |
Justin Kesselman Treasurer | OfficerTrustee | 10 | $0 |
Jody Trinchet Secretary | OfficerTrustee | 2 | $0 |
Scotty Mcconnaughey Board Chair | OfficerTrustee | 10 | $0 |
Adekunle Babalola Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $143,603 |
| Noncash contributions included in lines 1a–1f | $24,709 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,603 |
| Total Program Service Revenue | $3,325 |
| Investment income | $6,876 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,688 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $173,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $28,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,701 |
| Advertising and promotion | $0 |
| Office expenses | $9,678 |
| Information technology | $3,720 |
| Royalties | $0 |
| Occupancy | $17,529 |
| Travel | $1,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $224 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $187,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,880 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $146,134 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $172,014 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $147,014 |
| Net assets with donor restrictions | $25,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $172,014 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Wondermore Inc has recieved totaling $22,555.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $22,455 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reach Out And Read Inc Boston, MA | $10,124,014 | $15,173,728 |
Proliteracy Worldwide Syracuse, NY | $17,604,255 | $13,411,984 |
Urban Youth Alliance International Inc Bronx, NY | $4,354,975 | $6,995,942 |
Literacy Inc New York, NY | $4,595,330 | $3,899,705 |
Read Alliance Inc New York, NY | $3,368,825 | $3,674,607 |
Read To Grow Inc Branford, CT | $1,292,928 | $1,217,263 |
Mujeres Unidas Avanzando Inc Dorchester, MA | $2,346,284 | $1,432,208 |
Reach Out And Read Of Greater New York Inc New York, NY | $1,043,771 | $1,407,811 |
Childrens Literacy Foundation Waterbury Center, VT | $3,355,968 | $2,120,012 |
Read To Succeed Buffalo Inc Buffalo, NY | $1,016,821 | $853,837 |
Literacy Center Inc Attleboro, MA | $1,345,478 | $822,994 |
Rhode Island Tutorial & Educational Services Inc Pawtucket, RI | $376,643 | $619,228 |