Reading Results
- Assets
- $799.4k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 73
- Location
- Portland, OR
- Founding
- 11/2005
- Data as of
- 06/2022
- EIN
- 20-1760894
Organization Overview
Reading Results is located in Portland, OR. The organization was established in 2005. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Reading Results employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Results 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, Reading Results generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $815.1k during the year ending 06/2022. 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
READING RESULTS (FORMERLY PORTLAND READING FOUNDATION) DELIVERS A PROVEN READING INTERVENTION PROGRAM FOCUSED ON PRIMARY GRADE, LOW-INCOME CHILDREN WHO ARE FAILING TO LEARN TO READ, ENSURING EVERY CHILD READS BY THE END OF THE THIRD GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKING TOWARD THE VISION THAT ALL CHILDREN FINISH THIRD GRADE READING AT GRADE LEVEL, READING RESULTS PARTNERS WITH SCHOOLS SERVING LOW-INCOME STUDENTS TO PROVIDE A PROVEN READING INTERVENTION PROGRAM. READING RESULTS PARTNERS WITH SCHOOLS TO IDENTIFY EARLY-GRADE STUDENTS WHO ARE FALLING BEHIND IN READING AND PROVIDES STUDENT-CENTERED, INDIVIDUALIZED HIGH DOSAGE TUTORING SUPPORT. OUR HIGHLY-TRAINED TUTORS (LICENSED TEACHERS AND PARENTS FROM THE SCHOOL COMMUNITY) DELIVER A CULTURALLY-RESPONSIBE PROGRAM DESIGNED TO ACCELERATE LITERACY AND FOSTER AN ACADEMIC MINDSET. TUTORS MEET 1:1 OR 1:2 WITH STRUGGLING READERS FOR 30 MINUTES, THREE TIMES EACH WEEK FOR 30 WEEKS OF THE SCHOOL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Samuels Executive Di | Officer | 40 | $91,835 |
Kevin Bacon Director | Trustee | 1 | $0 |
Mark Berkovitch Director | Trustee | 1 | $0 |
Yessenia Carlos Director | Trustee | 1 | $0 |
Priscilla Castellanoz Co President | OfficerTrustee | 1 | $0 |
Stephanie Lum Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $118,534 |
| Related organizations | $0 |
| Government grants | $108,832 |
| All other contributions, gifts, grants, and similar amounts not included above | $741,218 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $968,584 |
| Total Program Service Revenue | $125,500 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$31,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,062,359 |
| 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. | $91,834 |
| Compensation of current officers, directors, key employees. | $3,242 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $533,664 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,675 |
| Payroll taxes | $57,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,084 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,574 |
| Advertising and promotion | $0 |
| Office expenses | $3,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,235 |
| Travel | $1,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,808 |
| All other expenses | $2,728 |
| Total functional expenses | $815,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $544,352 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $239,000 |
| Accounts receivable, net | $5,052 |
| 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 | $10,998 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $799,402 |
| Accounts payable and accrued expenses | $27,567 |
| 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 | $27,567 |
| Net assets without donor restrictions | $386,835 |
| Net assets with donor restrictions | $385,000 |
| 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 | $799,402 |