Reading Tree

Nonprofit profile at a glance

EIN: 943366039
IRS 990-EZ coverage: 2011–2017
Forms available: Form 990 2010, Form 990-EZ 2017
Location: San Francisco, CA, USA
Phone: 4157029955
Rating: 85
Verdict: STRONG
Rating confidence: Moderate
Sector: Remedial Reading, Reading Encouragement

Reported finances

Revenue: $19,542
Expenses: $28,792
Assets: $4,584
Liabilities: $0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

Alex McClure (Co-President)
Rebecca Susser (Co-president)

People named in this filing

Alex McClure (Co-President)
Rebecca Susser (Co-president)
Carolyn Egan (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 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Reading Tree provides books and instruction to children and families with reading deficiencies

What it reported doing in 2017

Growing with Books for Infants and Toddlers San Francisco CA, 65 average participating families during 40 once-a-week sessions distributing 1970 books

Operating model

Revenue model: Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model: Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

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 revenue has declined or grown slowly.

Rating breakdown

Financial Efficiency: 98
Transparency & Controls: 82
Sustainability: 25
Growth: 40

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 94.8%; rating input score 95

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -47.3%; rating input score 12; 12th percentile among comparable filings
Total-asset coverage ratio: 0.16; rating input score 13; 13th percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: 1.6% per year; rating input score 100; 55th percentile among comparable filings
Revenue growth: -14.1% per year; rating input score 0; 21st percentile among comparable filings
Asset growth: -23.5% per year; rating input score 0; 10th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 94.8% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $27K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 9 of 9 current checks pass
Schedules: 2 filed schedules
Filing history: 7 filing years from 2011 to 2017
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 — Sustainability: Operating margin scored 12/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Total-asset coverage ratio scored 13/100.
High — Growth: Asset growth scored 0/100.
Review — Sustainability: Officer compensation ratio scored 56/100.
High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.