Reading Success Center Inc
Nonprofit profile at a glance
- EIN
- 822222141
- IRS 990-EZ coverage
- 2019–2020
- Forms available
- Form 990-EZ 2020
- Location
- New Orleans, LA, USA
- Phone
- 5044581475
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $91,580
- Expenses
- $88,161
- Assets
- $28,504
- Liabilities
- $14,840
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Tammy Becker (President)
People named in this filing
- Tammy Becker (President)
- Melissa Castrillo (Treasurer)
- Naiya Jasmine (Secretary)
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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide educational services including but not limited to tutoring and advocacy services to low income families.
Operating model
- Revenue model
- Earned-program. 95% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.6%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.7%; rating input score 51; 51st percentile among comparable filings
- Total-asset coverage ratio: 0.32; rating input score 16; 16th percentile among comparable filings
- Liabilities to assets ratio: 0.52; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 23.7%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 31% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 19.3% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 90.2% per year; rating input score 100; 98th percentile among comparable filings
Details
- Where the money goes: 96.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $88K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2019 to 2020
- Contacts: How to reach this organization
- Money network: 3 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.
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 — Sustainability: Total-asset coverage ratio scored 16/100.
- Review — Sustainability: Operating margin scored 51/100.
- High — Sustainability: Officer compensation ratio scored 8/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.