Reading Education Association
Nonprofit profile at a glance
- EIN
- 237227167
- IRS 990-EZ coverage
- 2011–2014
- Forms available
- Form 990-EZ 2014
- Location
- Reading, PA, USA
- Phone
- 6103747101
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $125,313
- Expenses
- $124,042
- Assets
- $210,214
- Liabilities
- $44,753
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- MITCH HETTINGER (President)
People named in this filing
- MITCH HETTINGER (President)
- RIK IMMENDORF (Executive VP)
- TRUDI WESTLEY (High School Officer)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Promote the general education welfare of the Reading School District
What it reported doing in 2014
National and statewide conferences
Operating model
- Revenue model
- Membership-supported. 99% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 96% 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 and program spending has grown recently. 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: 29
- Transparency & Controls: 82
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 29.3%; rating input score 29
- Program expense ratio: 29.2%; rating input score 29
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 1%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 1.69; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: 36.5% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 5.5% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 29.3% of revenue deployed · 29.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $36K in reported program spending
- Leadership: top reported pay $0 · 19 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2011 to 2014
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 29/100.
- High — Financial Efficiency: Program expense ratio scored 29/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.