Education : Other Education Programs and Services

Reading Excellence and Discovery Foundation

Teens lead . . .children read

Rating

Overall Rating    
      (63.44)
Organizational Efficiency      
Program Expenses 84.4%    
Administrative Expenses 7.1%    
Fundraising Expenses 8.3%    
Fundraising Efficiency $0.08    
Efficiency Rating    
      (38.44)
Organizational Capacity      
Primary Revenue Growth 18.9%    
Program Expenses Growth 21.9%    
Working Capital Ratio (years) 0.37    
Capacity Rating    
      (25.00)

Income Statement     (FYE 08/2007)

Revenue  
Primary Revenue $1,836,594
Other Revenue $52,311
Total Revenue $1,888,905
   
Expenses  
Program Expenses $1,594,673
Administrative Expenses $134,231
Fundraising Expenses $158,468
Total Functional Expenses $1,887,372
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,533
   
Net Assets $843,030

Charts

Expenses Breakdown

Expenses Legend

Revenue/Expenses Trend

Revenue-Expense Legend

Contact Information

Reading Excellence and Discovery Foundation
80 Maiden Lane
11th Floor
New York, NY 10038
tel: (646) 867-6103
fax: (646) 867-6110
EIN: 13-4091062

Contact Email
Visit Web Site

Leadership      (FYE 08/2007)

Name Title Compensation % of Expenses
Anne Adler President (The person identified as holding the highest position of management, and therefore who would normally be responsible for carrying out the mission of the charity and leading the organization on a day-to-day basis.) $120,000 6.35%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Reading Excellence and Discovery (READ) Foundation, established in 1999, serves at-risk kindergarteners and first graders by recruiting and training teens to provide structured one-to-one tutoring in reading. READ's founders sought a research-based educational approach, which would yield measurable results for students and address reading difficulties before they became barriers to learning. At the same time, they sought growth opportunities for economically disadvantaged New York City teens. READ employs one-on-one research-based reading instruction to prepare at-risk children to become proficient readers. READ recruits, trains and employs teens to teach reading skills to their younger peers who are struggling with learning to read.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Reading Excellence and Discovery Foundation - NY 63.44
First Book - DC 62.22
Literacy Assistance Center - NY 65.52
Readers Are Leaders Foundation - TX 60.12
BookEnds - CA 60.22
Compare These Charities (Highly Rated)
Charity Name Overall Score Overall Rating
Reading Excellence and Discovery Foundation - NY 63.44
First Book - DC 62.22
Reading Is Fundamental - DC 49.01
BookEnds - CA 60.22
United Through Reading - CA 65.57
Compare These Charities (Most Viewed)
 
 

Kiplinger's 2007TIMEPC MagazineForbesCrystalTech