Readerwriter

Nonprofit profile at a glance

EIN
472724113
IRS 990-EZ coverage
2015–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Saint Paul, MN, USA
Phone
6512471908
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Rehabilitation Services for Offenders

Official website

Reported finances

Revenue
$64,127
Expenses
$100,981
Assets
$63,288
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • LIA VENCHI (EXECUTIVE DIRECTOR)

People named in this filing

  • HEIDI SILTON (CO-CHAIR)
  • ANN BOURNE WILLIAMS (CO-CHAIR)
  • MALISSA ENG (MEMBER)

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

Reader/writer's purpose is to provide individual literacy support for about 300 middle school students in minneapolis and st. Paul Minnesota throughout each school year.

What it reported doing in 2024

2024 saw us expanding to southwest high school where we now serve about 200 9th and 10th graders enrolled in the international baccalaureate program. Given that these students are generally fairly skilled writers and that most write a lot and often, we have switched from giving two students to each volunteer to one per volunteer. To find qualified and consistent volunteers who are willing to do the extra work with our motivated students, we've turned more toward the local judicial system from which most of our new readers come. This in itself is a big accomplishment for us as the quality and quantity of volunteers are the foundation of our work.

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 83.1%; rating input score 83

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: -57.5%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.63; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 79.3%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 11.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 0.5% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 11.6% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 83.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $84K 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: 8 filing years from 2015 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 12/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.