Rolling Readers USA Inc
Nonprofit profile at a glance
- EIN
- 330523713
- IRS 990-EZ coverage
- 2010–2012
- Forms available
- Form 990-EZ 2012
- Location
- San Diego, CA, USA
- Phone
- 6195164095
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scouting
Reported finances
- Revenue
- $125,383
- Expenses
- $92,563
- Assets
- $72,410
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Literacy programs
What it reported doing in 2012
Rolling Readers mission is to inspire children, with less opportunity, to love reading through read aloud volunteers and new book ownership. Each week, hundreds of volunteers serve more than nine thousand children. Rolling Readers distributes over 18,000 books each year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 57
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.5%; rating input score 60
- Program expense ratio: 80.7%; rating input score 81
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 26.2%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -23% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 3.7% per year; rating input score 100; 47th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 59.5% of revenue deployed · 80.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $75K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2012
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.