Kids Reading for Success

Nonprofit profile at a glance

EIN
200739490
IRS 990-EZ coverage
2011–2013
Forms available
Form 990-EZ 2013, Form 990-N 2010
Location
Wayzata, MN, USA
Phone
9524768557
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Remedial Reading, Reading Encouragement

Reported finances

Revenue
$57,382
Expenses
$85,294
Assets
$859
Liabilities
$34,353

Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

4 people listed

People named in this filing

  • SUSAN SHUFF (EXECUTIVE DI)
  • DONNA AMANN (DIRECTOR)
  • CLAIRE ORENSTIEN (DIRECTOR)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Tutoring service offered in schools qualifying for supplemental educational services as prescribed by district financed or implemented programs.

What it reported doing in 2013

Kids reading for success is a comprehensive, research based, reading and literacy tutoring service designed to accelerate the reading achievement of children in grades k-12 so that they will become proficient, eager readers. Students receive one-to-one instruction, the most effective type, targeted to their specific strengths and needs. Tutors receive extensive training in the model and are supported with ongoing staff development and collaboration with master teachers. Tutoring is adaptable and appropriate for most school reading curricula. In 2013 this organization provided tutoring services to 165 students.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 7
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 76.2%; rating input score 76

Transparency & Controls

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

Sustainability

  • Operating margin: -48.6%; rating input score 11; 11th percentile among comparable filings
  • Total-asset coverage ratio: 0.01; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 39.99; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 21.1%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: -10.1% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -29.3% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -95.5% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 76.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $65K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2011 to 2013
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • High — Sustainability: Operating margin scored 11/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.