Rolling Readers Space Coast Inc

Nonprofit profile at a glance

EIN
593755192
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2016, Form 990-EZ 2024
Location
Melbourne, FL, USA
Phone
3212549976
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$56,732
Expenses
$53,517
Assets
$56,618
Liabilities
$753

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

Leadership & pay

8 people listed

Executive titles in this filing

  • MARY PAT LASKOWSKI (CO-PRESIDENT)

People named in this filing

  • KYLE LIENECK (SECRETARY)
  • ROSS WHITLEY (TREASURER)
  • MARY PAT LASKOWSKI (CO-PRESIDENT)

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

To inspire children's love of reading, touch their imaginations and creativity through books and build a community of successful, life-long readers by providing trained, committed volunteers and new books to at-risk elementary aged school children.

What it reported doing in 2024

Rolling readers has been sharing the joy of reading with brevard county children since 1997. Our mission is to develop in chidren a desire to be lifelong readers. Research shows reading skills are the foundation needed to help children achieve success in education and in life. With close to 60 volunteers during 2024-2025, we provided weekly read aloud sessions in classrooms (pre-kindergarten through fifth grade), and tutor/mentor services for struggling second and third grade readers. During the 2024- 2025 school year, we reached out to students in 12 brevard county title i schools through our read aloud program, tutor/mentor reading skills program, and grade level reading intervention program. In march, each child participating in one of our programs received a hard cover book as a gift. For some, this is the first book they can call their own. Classroom teachers also receive a gift book for their classroom library. Rolling readers is making a difference in the lives of area children, one book at a time.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 78% for direct work, and 22% for member benefits.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 50
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.5%; rating input score 78
  • Program expense ratio: 82.2%; rating input score 82

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 5.7%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 1.06; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.7% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -2.4% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: -7.1% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 77.5% of revenue deployed · 82.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $44K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.