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Education : Early Childhood Programs and Services

Readworks

The Solution to Reading Comprehension.

four stars

93.43

PO Box 24673 Brooklyn, NY 11202
tel: (718) 596-4292   Web Site
EIN: 13-3593812

Board Leadership
Daria L. Wallach
Chair

CEO
Terry G. Bowman
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.43 four stars
  Financial 90.72 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Mission: ReadWorks is committed to solving America's reading comprehension crisis and student achievement gap. Driven by cognitive science research, ReadWorks creates world-class content, teacher guidance, and integrated tools that improve teacher effectiveness and student achievement.

Vision: Every child in the United States can read well with deep comprehension because all educators teach reading effectively with the superb reading content and curriculum they need.

Mission: ReadWorks is committed to solving America's reading comprehension crisis and student achievement gap. Driven by cognitive science research, ReadWorks creates world-class content, teacher guidance, and integrated tools that improve teacher effectiveness and student achievement.

Vision: Every child in the United States can read well with deep comprehension because all educators teach reading effectively with the superb reading content and curriculum they need.

Financial

four stars

90.72

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.2%
  Administrative Expenses 6.9%
  Fundraising Expenses 5.7%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.35
  Program Expenses Growth 8.2%
  Liabilities to Assets 6.6%
All data for Financial Performance Metrics calculations was provided by Readworks on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Readworks on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Readworks (NY) 93.43 four stars
Worldreader.org (CA) 88.01 three stars
National Center for Families Learning (KY) 89.57 three stars
Reading Partners (CA) 87.60 three stars
Literary Arts (OR) 86.10 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,951,302
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,951,302
   Program Service Revenue $27,000
Total Primary Revenue $1,978,302
   Other Revenue $7,960
TOTAL REVENUE $1,986,262
   
EXPENSES  
   Program Expenses $1,883,895
   Administrative Expenses $177,498
   Fundraising Expenses $143,302
TOTAL FUNCTIONAL EXPENSES $2,204,695
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-218,433
   
Net Assets $787,648

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Online Reading Comprehension Curriculum $1,883,895 100.0%

Ratings History
Readworks has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-08 04/01/2021 93.43 four stars
2018-08 12/01/2019 92.74 four stars
2017-08 02/01/2019 93.91 four stars
2016-08 03/01/2018 95.87 four stars
2015-08 07/01/2017 96.46 four stars
2015-08 06/01/2017 91.45 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-3593812
Name in IRS Master File READWORKS INC
NTEE Code B99
NTEE Classification Education N.E.C.
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1991
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End August
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • August, 2017
  • August, 2016
  • August, 2015
  • August, 2014
  • August, 2013
Compensation % of Expenses Paid to Title
$51,605 2.34% Terry Bowman Executive Director
Other Salaries of Note
$165,000 7.48% Kathy Bloomfield Director of Operations, Former Interim Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Readworks (NY) 93.43 four stars
Reading Is Fundamental (DC) 88.82 three stars
Better Basics (AL) 90.95 four stars
SMART (OR) 92.12 four stars
Worldreader.org (CA) 88.01 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Readworks
PO Box 24673
Brooklyn, NY 11202
tel: (718) 596-4292
EIN: 13-3593812

Visit Web Site

Board Leadership

Daria L. Wallach
Chair

CEO

Terry G. Bowman
Executive Director

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