Operation Read Inc
Nonprofit profile at a glance
- EIN
- 351900716
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025
- Location
- Warsaw, IN, USA
- Phone
- 5745295783
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $149,902
- Expenses
- $149,794
- Assets
- $120,740
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CHERYL AVERY (PRESIDENT)
- JIM PATTISON (VICE PRESIDENT)
- DEEANNA MURASKI (EXECUTIVE DIRECTOR)
People named in this filing
- CHERYL AVERY (PRESIDENT)
- JIM PATTISON (VICE PRESIDENT)
- ADORA TRUEX (TREASURER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To teach people to read and encourage the life-long love of learning through reading
What it reported doing in 2025
Increase the literacy levels of citizens in the community by impletmenting innovative and comprehensive programs ranging from baby's first book to jail tutoring
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 89% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 100
- Sustainability: 40
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 4.9%; rating input score 5
- Program expense ratio: 2.5%; rating input score 3
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.1%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 36%; rating input score 10; 10th percentile among comparable filings
Growth
- Program expense growth: -16.1% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -3.8% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: -8.7% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 4.9% of revenue deployed · 2.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2017 to 2025
- 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.
- High — Financial Efficiency: Mission deployment rate scored 5/100.
- High — Financial Efficiency: Program expense ratio scored 3/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- High — Sustainability: Officer compensation ratio scored 10/100.