Read Together Atl Inc

Nonprofit profile at a glance

EIN
852803552
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Atlanta, GA, USA
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Nonmonetary Support N.E.C.

Official website

Reported finances

Revenue
$26,083
Expenses
$45,718
Assets
$24,071

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Elise Harvin (Executive Director)

People named in this filing

  • Diane Wickham (Chairman of the Board)
  • Rebecca Matthews (Secretary)
  • Caroline Adams CPA (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Charitable literary educational

What it reported doing in 2024

Read Together ATL provided one-on-one sight word and reading tutoring to 30 third fourth and fifth grade students at Agape Youth & Family Center City School Atlanta and William Boyd Elementary School for the 2024-2025 school year utilizing 40 volunteers to serve these children. In this program students attend two half-hour sessions per week with the same tutors averaging 14 sessions per semester during the 2024-2025 school year. This amounts to 14 total hours of one-on-one tutoring between the months of September and April with some students receiving as many as 16 hours of tutoring depending on their attendance record. Read Together ATL assesses each student in September to gauge their sight word understanding and again in May to measure their progress. The average amount of words gained was 343 among all students. These scores reveal that every student in the program progressed greatly in their vocabulary understanding.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
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

STRONG - 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: 100
  • Transparency & Controls: 82
  • Sustainability: 14
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -75.3%; rating input score 10; 10th percentile among comparable filings
  • Total-asset coverage ratio: 0.53; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 73.7%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -19.4% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -46% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -40.1% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $46K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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 — Sustainability: Operating margin scored 10/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.