Rock for Reading Nfp
Nonprofit profile at a glance
- EIN
- 201368674
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990-EZ 2012
- Location
- Chicago, IL, USA
- Phone
- 7738669740
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Limited
- Sector
- Remedial Reading, Reading Encouragement
Reported finances
- Revenue
- $19,519
- Expenses
- $22,469
- Assets
- $6,888
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
4 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Support child literacy through donations of books and funding to school libraries and after school programs
What it reported doing in 2012
Received, processed, and delivered approximately 200,000 books to schools and libraries. Since inception 1.2 million books have been donated.
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
SUPPORTED - 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: 66
- Transparency & Controls: 82
- Sustainability: 18
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.5%; rating input score 69
- Program expense ratio: 60.3%; rating input score 60
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.1%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 69.5% of revenue deployed · 60.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $14K in reported program spending
- Leadership: top reported pay $4K · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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 25/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.