Dyslexia Institute Of Minnesota Inc
- Assets
- $4.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 46
- Location
- Rochester, MN
- Founding
- 09/1989
- Data as of
- 12/2021
- EIN
- 41-1633734
Organization Overview
Dyslexia Institute Of Minnesota Inc, operating under the name The Reading Center, is located in Rochester, MN. The organization was established in 1989. As of 12/2021, Reading Center employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Center 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 12/2021, Reading Center generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE READING CENTER IS A NONPROFIT EDUCATIONAL ORGANIZATION THAT TEACHES CHLDREN AND INDIVIDUALS WITH DYSLEXIA HOW TO READ, WRITE, AND SPELL USING THE ORTON GILLINGHAM APPROACH, WHICH ALIGNS WITH THE SCIENCE OF READING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORTON GILLINGHAM THERAPY: 13030 SESSIONS OF ORTON GILLINGHAM TUTORING FOR 206 STUDENTS WERE PROVIDED TO INCREASE THE STUDENTS' READING ABILITIES. THE READING CENTER CONDUCTED 111 NATIONALLY NORMED EDUCATIONAL EVALUATIONS AND 24 FREE READING READINESS SCREENINGS FOR STUDENTS WHO ARE STRUGGLING IN READING, PROVIDING NEEDED INSIGHT INTO THE NATURE OF THE READING DIFFICULTY. 85,497 IN SCHOLARSHIPS FOR TUTORING AND TESTING WAS PROVIDED TO 18% OF STUDENTS IN NEED OF READING CENTER EXPERT EVALUATION AND INSTRUCTION.
SPECIALIZED CLASSES, INCLUDING BEST OF BASICS SUMMER PROGRAM: 60 STUDENTS WERE ENROLLED IN CLASSES WHERE CHILDREN ENGAGED THEIR MINDS EVERYDAY FOR A MONTH IN ORDER TO REINFORCE THE SKILLS THEY NEED FOR SUCCESS DURING THE SCHOOL YEAR. 11 ADDITIONAL MIDDLE AND HIGH SCHOOL AGED STUDENTS BENEFITTED FROM WRITING OR STUDY SKILLS CLASSES, AND 8 K-1ST GRADE STUDENTS LEARNED CRITICAL PRE-READING SKILLS IN PARENT/CHILD READING CLUBS, HELPING THEM TO ENTER GRADE SCHOOL READY TO READ.
EDUCATOR TRAINING: 53 EDUCATORS AND PARENTS LEARNED THE ORTON-GILLINGHAM (OG) APPROACH IN THE READING CENTER'S BASIC AND ADVANCED INSTITUTES (ONLINE), ACCREDITED BY THE ORTON GILLINGHAM ACADEMY. 15,592 IN TRAINING SCHOLARSHIPS WAS GRANTED IN 2021. THE READING CENTER PROVIDED 2,817 TEACHERS A 5 CLOCK HOUR ONLINE COURSE, DYSLEXIA 101 FOR THE CLASSROOM EDUCATOR, 61 PROFESSIONAL MEMBERSHIPS AND 118 OG LESSON PLANNING HUB SUBSCRIPTION.
OUTREACH: 1,132 PARENTS AND OTHERS ATTENDED ONE OF 9 FREE OUTREACH EDUCATIONAL PRESENTATIONS AND DISPLAYS OFFERED BY THE READING CENTER. 782 INDIVIDUALS WERE PROVIDED CUSTOMIZED INFORMATION ABOUT DYSLEXIA & THE READING CENTER SERVICES BY PROGRAMS NAGIVATORS.
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 |
|---|---|---|---|
Amy Davis Past Chair | OfficerTrustee | $0 | |
Carl Anderson Vice-Chair | OfficerTrustee | $0 | |
Charles Brust Chair | OfficerTrustee | $0 | |
John Caldwell Treasurer | OfficerTrustee | $0 | |
Ilaya Rome Hopkins Secretary | OfficerTrustee | $0 | |
Elaine Bauman Board Member | Trustee | $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 | $445,207 |
| Noncash contributions included in lines 1a–1f | $3,551 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $445,207 |
| Total Program Service Revenue | $853,282 |
| Investment income | $12,197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,459,758 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $542,382 |
| Pension plan accruals and contributions | $12,202 |
| Other employee benefits | $20,545 |
| Payroll taxes | $56,210 |
| Fees for services: Management | $16,276 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,329 |
| Fees for services: Lobbying | $6,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,740 |
| Advertising and promotion | $15,548 |
| Office expenses | $31,181 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,679 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,302 |
| Interest | $1,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $121,405 |
| Insurance | $17,889 |
| All other expenses | $19,787 |
| Total functional expenses | $1,465,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $201,181 |
| Savings and temporary cash investments | $467,673 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $37,167 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,080 |
| Prepaid expenses and deferred charges | $14,821 |
| Net Land, buildings, and equipment | $3,687,648 |
| Investments—publicly traded securities | $407,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,134 |
| Total assets | $4,892,470 |
| Accounts payable and accrued expenses | $26,203 |
| Grants payable | $0 |
| Deferred revenue | $26,249 |
| 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 | $21,547 |
| Total liabilities | $73,999 |
| Net assets without donor restrictions | $4,818,471 |
| Net assets with donor restrictions | $0 |
| 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 | $4,892,470 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Dyslexia Institute Of Minnesota Inc has recieved totaling $66,961.
| Awarding Organization | Amount |
|---|---|
Mayo Clinic Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $25,000 |
Rochester Area Foundation Rochester, MN PURPOSE: PROGRAM SUPPORT | $17,077 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $12,948 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,500 |
United Way Of Olmsted County Inc Rochester, MN PURPOSE: PROGRAM AWARD AND DESIGNATIONS | $5,276 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bd Of Emergency Medicine East Lansing, MI | $44,767,678 | $20,372,727 |
Good Shepherd Geriatric Center Inc Mason City, IA | $49,080,316 | $22,498,287 |
Mary Free Bed Orthotics And Prosthetics Grand Rapids, MI | $19,898,229 | $18,562,852 |
Carondelet Long Term Care Facilities Inc St Louis, MO | $9,990,098 | $14,520,221 |
American Board Of Psychiatry And Neurology Inc Deerfield, IL | $183,693,828 | $29,385,701 |
Parents As Teachers National Center Inc St Louis, MO | $23,159,778 | $18,168,928 |
American Academy Of Sleep Medicine Darien, IL | $108,922,365 | $16,695,981 |
American College Of Chest Physicians Glenview, IL | $44,983,631 | $16,629,705 |
Families Of Sma Elk Grove Village, IL | $11,297,459 | $15,022,219 |
Chicago House And Social Service Agency Chicago, IL | $6,194,238 | $16,845,150 |
American Society For Gastrointestinal Endoscopy Downers Grove, IL | $35,447,362 | $13,302,200 |
Academy Of General Dentistry Chicago, IL | $42,353,738 | $16,214,063 |