Education : Other Education Programs and Services

Reading Excellence and Discovery Foundation

Teens lead . . .children read

Rating

Overall Rating    
      (63.34)
Organizational Efficiency      
Program Expenses 83.4%    
Administrative Expenses 6.2%    
Fundraising Expenses 10.3%    
Fundraising Efficiency $0.09    
Efficiency Rating    
      (35.84)
Organizational Capacity      
Primary Revenue Growth 18.5%    
Program Expenses Growth 21.2%    
Working Capital Ratio (years) 0.53    
Capacity Rating    
      (27.50)

Income Statement     (FYE 08/2006)

Revenue  
Primary Revenue $1,589,468
Other Revenue $25,200
Total Revenue $1,614,668
   
Expenses  
Program Expenses $1,269,838
Administrative Expenses $94,721
Fundraising Expenses $156,892
Total Functional Expenses $1,521,451
   
Payments to Affiliates $0
Excess (or Deficit) for the year $93,217
   
Net Assets $841,497

Contact Information

Reading Excellence and Discovery Foundation
80 Maiden Lane
11th Floor
New York, NY 10038
tel: (646) 867-6105
fax: (646) 867-6110

Contact Email
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Leadership      (FYE 08/2006)

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.) $110,000 7.22%

Donor Privacy Policy

YES, this charity has a written donor privacy policy.

Mission

Reading Excellence and Discovery (READ) Foundation was established in 1999 to address the high proportion of low-income students demonstrating below grade level reading skills. 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. 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. READ targets economically disadvantaged students and teens.

Charities Performing Similar Types of Work

Charity Name Overall Score Overall Rating
Reading Excellence and Discovery Foundation - NY 63.34
Palm Beach County Literacy Coalition - FL 59.80
National Center for Family Literacy - KY 58.62
First Book - DC 62.27
Literacy Assistance Center - NY 61.09
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