Reading Partners
- Assets
- $38.8m
- Revenue
- $50.0m
- Investments
- $0.0
- Employees
- 730
- Location
- Oakland, CA
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 77-0568469
Organization Overview
Reading Partners is located in Oakland, CA. The organization was established in 2001. 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, Reading Partners employed 730 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reading Partners 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 Partners generated $50.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $27.5m during the year ending 06/2022. While expenses have increased by 0.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PARTNERS WITH SCHOOLS TO PROVIDE ONE-ON-ONE LITERACY TUTORING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LITERACY INTERVENTION PROGRAM: READING PARTNERS RECRUITS AND TRAINS COMMUNITY VOLUNTEERS TO PROVIDE ONE-ON-ONE TUTORING FOR STUDENTS BOTH DURING THE SCHOOL DAY AND AFTER SCHOOL. AT EACH PARTNERS SCHOOL, THE ORGANIZATION TAKES ON A DEDICATED SPACE, TRANSFORMS IT INTO A READING CENTER, AND PLACES A FULL TIME STAFF MEMBER ON SITE TO SUPERVISE ALL PROGRAM SERVICES AND SERVE AS THE LIAISON TO CLASSROOM TEACHERS. A TYPICAL READING CENTER WILL SERVE BETWEEN 30 AND 90 STUDENTS.THE PRIMARY PROGRAM COMPONENT, ONE-ON-ONE TUTORING, IS SUPPLEMENTED WITH PARENT AND FAMILY INVOLVEMENT. STUDENTS ENROLLED IN THE READING PARTNERS PROGRAM ARE SEEN TWICE PER WEEK FOR 45 MINUTE ONE-ON-ONE TUTORING SESSIONS WITH TRAINED COMMUNITY VOLUNTEERS. EACH SESSION IS COMPRISED OF A HIGHLY STRUCTURED, RESEARCHED BASED CURRICULUM WHICH ALLOWS VOLUNTEERS WITH LITTLE BACKGROUND IN EDUCATION TO BE EFFECTIVE TUTORS.
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 |
|---|---|---|---|
Adeola Whitney CEO | Officer | 40 | $365,253 |
Dean Elson Chief Knowledge Officer | Officer | 40 | $194,861 |
Karen Gardner Chief Development Officer | Officer | 40 | $173,669 |
Hector Salazar Executive Director | 40 | $162,973 | |
Rosa Gutierrez Cfoo | Officer | 40 | $161,554 |
Kecia Greenho Senior Executive Director | 40 | $153,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,357,950 |
| Related organizations | $0 |
| Government grants | $11,367,435 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,143,436 |
| Noncash contributions included in lines 1a–1f | $8,443 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,868,821 |
| Total Program Service Revenue | $3,379,664 |
| Investment income | $21,020 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $76,759 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$414,195 |
| Net Income from Gaming Activities | $11,391 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,953,069 |
| 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. | $1,506,409 |
| Compensation of current officers, directors, key employees. | $378,152 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,986,731 |
| Pension plan accruals and contributions | $61,839 |
| Other employee benefits | $2,546,985 |
| Payroll taxes | $1,447,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $171,685 |
| Fees for services: Accounting | $49,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $758,429 |
| Advertising and promotion | $181,307 |
| Office expenses | $232,835 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,050,351 |
| Travel | $175,697 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,826 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,496 |
| Insurance | $0 |
| All other expenses | $245,922 |
| Total functional expenses | $27,536,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,998,104 |
| Savings and temporary cash investments | $30,352,582 |
| Pledges and grants receivable | $4,586,371 |
| Accounts receivable, net | $915,480 |
| 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 | $506,430 |
| Net Land, buildings, and equipment | $185,312 |
| Investments—publicly traded securities | $206,647 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $58,102 |
| Total assets | $38,809,028 |
| Accounts payable and accrued expenses | $2,320,356 |
| Grants payable | $0 |
| Deferred revenue | $137,180 |
| 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 | $2,457,536 |
| Net assets without donor restrictions | $30,767,166 |
| Net assets with donor restrictions | $5,584,326 |
| 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 | $38,809,028 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Reading Partners has recieved totaling $56,000.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $50,000 |
Lowell Berry Foundation Lafayette, CA PURPOSE: GENERAL SUPPORT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Reading Partners Oakland, CA | $38,809,028 | $49,953,069 |
Institute For Native Pacific Education And Culture Kapolei, HI | $1,941,780 | $5,639,876 |
San Joaquin A Plus Inc Stockton, CA | $3,892,784 | $3,942,790 |
Make Way For Books Tucson, AZ | $2,670,198 | $2,705,326 |
United Through Reading San Diego, CA | $1,933,982 | $2,576,774 |
Tandem Partners In Early Learning San Francisco, CA | $1,207,894 | $2,135,047 |
Developments In Literacy Inc Irvine, CA | $1,716,599 | $2,242,453 |
The Riordan Foundation South Pasadena, CA | $13,591,111 | $7,320,901 |
Arpan Foundation Incorporated Diamond Bar, CA | $1,095,710 | $1,209,090 |
Read Better Be Better Phoenix, AZ | $1,920,458 | $1,563,168 |
Oakland Literacy Coalition Oakland, CA | $916,422 | $1,367,279 |
916 Ink Sacramento, CA | $593,574 | $1,036,980 |