Children's Reading Connection

Nonprofit profile at a glance

EIN
815123462
IRS 990-EZ coverage
2017–2023
Forms available
Form 990-EZ 2023
Location
Ithaca, NY, USA
Phone
6072273360
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Reported finances

Revenue
$57,563
Expenses
$44,977
Assets
$16,447
Liabilities
$86

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Brigid Hubberman (President & CEO)

People named in this filing

  • Mack Travis (Chairperson)
  • John Alexander (Treasurer)
  • Paula Peter (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire, create, and promote efforts that build a culture of family and community literacy.

What it reported doing in 2023

The Bus for Us Pre-K One Book Welcome The One Book Welcome initiative provides a book to honor and welcome children and families, easing the transition to school and providing a book as a keepsake for this special occasionThe book. The Bus for Us" is one "easy to read the pictures," so it gives children early success in feeling they can read.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 100
  • Sustainability: 47
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.3%; rating input score 48
  • Program expense ratio: 61.9%; rating input score 62

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 21.9%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 23; 23rd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 29.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: -14.6% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -9.8% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -6.1% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 48.3% of revenue deployed · 61.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2017 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.