Reading & Math Inc

Organization Overview

Reading & Math Inc, operating under the name Ampact, is located in Minneapolis, MN. The organization was established in 2015. 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 07/2022, Ampact employed 3,219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ampact 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 07/2022, Ampact generated $50.2m in total revenue. All expenses for the organization totaled $49.2m during the year ending 07/2022.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO TRANSFORM LIVES WHILE WORKING TO ENGAGE PEOPLE IN NATIONAL SERVICE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION PROGRAMS READING CORPS AND MATH CORPS ARE HIGH-DOSAGE TUTORING PROGRAMS DESIGNED TO HELP STUDENTS DEVELOP READING AND MATH PROFICIENCY. THESE NATIONAL PROGRAMS TRAIN AMERICORPS MEMBERS TO DELIVER EVIDENCE-BASED LITERACY AND MATH INTERVENTIONS TO STUDENTS IN PRE-KINDERGARTEN - 8TH GRADE. RIGOROUS THIRD-PARTY RESEARCH SHOWS THAT STUDENTS WHO RECEIVE TUTORING FROM READING CORPS OR MATH CORPS MAKE GREATER GAINS AND FASTER PROGRESS THAN THEIR PEERS WHO DO NOT RECEIVE TUTORING. BOTH COST-EFFECTIVE AND SCALABLE, THE PROGRAMS SERVED 42,959 STUDENTS IN 14 STATES DURING THE 2021-22 PROGRAM YEAR.


HEALTHY FUTURES PROGRAMS - FOCUS ON STRENGTHENING COMMUNITIES AND IMPROVING OUTCOMES. WHETHER WORKING TO HELP PEOPLE ACCESS LIVING WAGE JOBS, MAKING RECOVERY FROM SUBSTANCE USE DISORDERS POSSIBLE, ASSISTING THOSE EXPERIENCING HOUSING INSECURITY OR PROVIDING SUPPORTIVE SERVICES FOR AFGHAN EVACUEES BEGINNING NEW LIVES IN MINNESOTA, AMERICORPS MEMBERS SERVING WITH HEALTHY FUTURES MAKE AN INCREDIBLE IMPACT. DURING THE 2021-22 PROGRAM YEAR, OFFERINGS INCLUDED OPPORTUNITY CORPS, RECOVERY CORPS, HEADING HOME CORPS AND THE REFUGEE RESPONSE INITIATIVE. TOGETHER, MEMBERS SUPPORTED 3,234 INDIVIDUALS LOCATED IN MINNESOTA AND ILLINOIS.


ENVIRONMENTAL PROGRAMS CLIMATE IMPACT CORPS HELPS COMMUNITIES PREPARE FOR AND MITIGATE CLIMATE CHANGE IN MINNESOTA. DURING THE 2021-22 PROGRAM YEAR, MEMBERS SERVED AT 20 PARTNER SITES THROUGH COMMUNITY FORESTRY CORPS AND HOME ENERGY CORPS. AS PART OF CLIMATE IMPACT CORPS, MEMBERS FOCUSED ON PRESERVING AND EXPANDING THE STATE'S TREE CANOPY AND HELPING HOUSEHOLDS REDUCE THEIR HOME ENERGY COSTS. IN TOTAL MEMBERS INVENTORIED AND PLANTED 31,484 TREES, COMPLETED 265 HOME ENERGY AUDITS AND 1,036 SOLAR ASSESSMENTS.


READING & MATH, INC. PROVIDES TECHNICAL ASSISTANCE FOR THE DELIVERY OF READING CORPS AND MATH CORPS TO NATIONAL REPLICATION PARTNERS, ENSURING THE MODEL IS IMPLEMENTED CONSISTENTLY AND WITH FIDELITY ACROSS THE COUNTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Sadie O'connor
Managing Director
$119,148
Valerie Mccullough
COO
$110,631
Len Roering
Controller
$87,537
Bob Rumpza
Board Chair
$0
Kim Plahn
Treasurer
$0
Mary Kurth
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $47,394,239
All other contributions, gifts, grants, and similar amounts not included above$1,283,293
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$48,677,532
Total Program Service Revenue$1,490,729
Investment income $1,212
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 $50,180,193

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Reading & Math Inc has recieved totaling $142,629.

Awarding OrganizationAmount
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$51,251
Racine Community Foundation Inc

Racine, WI

PURPOSE: FOR THE RUSD EVIDENCE-BASED TUTORING PROGRAM

$45,000
Reinvent Stockton Foundation

Stockton, CA

PURPOSE: UNRESTRICTED/ GENERAL OPERATING

$43,750
Kohler Foundation Inc

Kohler, WI

PURPOSE: SUSTAINING WISCONSIN READING CORPS AT JACKSON ELEMENTARY

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$128
View Grant Recipient Profile

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