Reading Specialists Educational Association
- Assets
- $2.7m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Reading, PA
- Founding
- 04/2008
- Data as of
- 06/2021
- EIN
- 45-0463456
Organization Overview
Reading Specialists Educational Association is located in Reading, PA. The organization was established in 2008. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Specialists Educational Association 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 06/2021, Reading Specialists Educational Association generated $6.2m in total revenue. All expenses for the organization totaled $4.9m during the year ending 06/2021. While expenses have increased by 70.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE DEDICATED PROFESSIONAL EXPERIENCE IN THE DESIGN AND IMPLEMENTATION OF PROGRAMS THAT WILL ADDRESS THE NEEDS OF CHILDREN AND ADOLESCENTS WHO HAVE BEEN BOTH VICTIMS AND PERPRETRATORS OF DOMESTIC VIOLENCE AND SEXUAL ABUSE AND HAVE SUBSEQUENTLY BEEN PLACED IN THE FOSTER CARE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES TRAINING AND EDUCATION TO JUVENILE OFFENDERS AND PREPARES THEM TO BE COMPETITIVE IN TODAY'S COMPETITIVE WORKFORCE. THE PROGRAM WILL CONTINUE IN PERPETUITY FOR THE BENEFIT OF THOSE JUVENILES THAT ARE NO LONGER AGE ELIGIBLE FOR SERVICES AND WHO NEED TO ACQUIRE SKILLS TO ALLOW THEM TO PROVIDE FOR THEIR OWN SUPPORT. THE ORGANIZATION PARTNERS WITH COMMUNITY ORGANIZATIONS IN ORDER TO ENHANCE THE LEARNING EXPERIENCE OF THE INDIVIDUALS ENROLLED IN THE PROGRAM. THE COLLABORATION WILL ALLOW THE PROGRAM TO CONTRIBUTE TO THE GREATER NEIGHBORHOOD GOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Lasorsa Director | Trustee | 1 | $60,757 |
John D Deppeler IV Vice-President Until 2/2021 | 1 | $51,332 | |
Bruce Kraft Chair | OfficerTrustee | 1 | $0 |
Ryan D Smith President | OfficerTrustee | 1 | $0 |
Cindy Bertrando Treasurer | OfficerTrustee | 1 | $0 |
Gary Twardowski Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Susan E Kraus Counseling | 6/29/20 | $137,500 |
Susan E Kraus Counseling | 6/29/20 | $137,500 |
Robert W Gill Counseling | 6/29/20 | $137,500 |
Robert W Gill Counseling | 6/29/20 | $137,500 |
Susan E Kraus Counseling | 6/29/20 | $137,500 |
Robert W Gill Counseling | 6/29/20 | $137,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $318,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,290 |
| Total Program Service Revenue | $5,785,521 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,153,805 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $583,022 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,817,893 |
| Advertising and promotion | $3,971 |
| Office expenses | $83,577 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $144,296 |
| Travel | $6,994 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,479 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,066 |
| Insurance | $171,071 |
| All other expenses | $122,075 |
| Total functional expenses | $4,936,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $990,814 |
| 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 | $5,188 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,703,394 |
| Total assets | $2,699,496 |
| Accounts payable and accrued expenses | $15,972 |
| Grants payable | $0 |
| Deferred revenue | $765 |
| 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 | $1,746 |
| Total liabilities | $18,483 |
| Net assets without donor restrictions | $2,681,013 |
| 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 | $2,699,496 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Family Counseling Center Of Armstrong County Kittanning, PA | $12,207,435 | $12,939,142 |
Compass Family And Community Services Mineral Ridge, OH | $11,431,848 | $11,891,849 |
Family Service Society Of Yonkers Yonkers, NY | $11,351,796 | $11,401,094 |
Partnership With Children Inc New York, NY | $12,836,457 | $11,758,018 |
Family Service Foundation Inc Landover Hills, MD | $4,600,296 | $9,786,408 |
North Shore Child And Family Guidance Association Incorporated Roslyn Heights, NY | $8,262,852 | $10,222,213 |
Pastoral Counseling Service Of Summit County Akron, OH | $4,574,114 | $10,554,126 |
Jewish Family & Childrens Services Of Northern New Jersey Inc Teaneck, NJ | $3,921,484 | $9,311,177 |
Reach Counseling Services Brook Park, OH | $3,485,233 | $7,031,976 |
The Family Counseling Center Of Fulton County Inc Gloversville, NY | $11,300,368 | $7,477,342 |
Council For Relationships Inc Philadelphia, PA | $2,207,573 | $6,448,638 |
Family Counseling Service Of The Finger Lakes Inc Geneva, NY | $1,608,616 | $5,653,226 |