Everyone Reading Inc
- Assets
- $262.4k
- Revenue
- $247.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- 01/2003
- Data as of
- 08/2021
- EIN
- 13-2755541
Organization Overview
Everyone Reading Inc is located in Brooklyn, NY. The organization was established in 2003. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 08/2021, Everyone Reading Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Everyone Reading Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Everyone Reading Inc generated $247.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.8%) each year. All expenses for the organization totaled $280.9k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EVERYONE READING ADVANCES THE LIVES OF CHILDREN WITH DYSLEXIA BY PROVIDING THE RESOURCES THEY NEED TO BECOME SUCCESSFUL READERS AND WRITERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT EVERYONE READING CONTINUED TO PROVIDE TRAININGS, WEBINARS AND COURSES. THEY WERE PROVIDED VIRTUALLY OVER ZOOM, ON A LIMITED BASIS.
ANNUAL CONFERENCE ON DYSLEXIA & RELATED LEARNING DISABILITIES THE 2021 EVERYONE READING CONFERENCE ON DYSLEXIA AND RELATED LEARNING DISABILITIES TOOK PLACE OVER ZOOM ON FOUR SATURDAYS, JANUARY 23 AND 30; FEBRUARY 6 AND 13, 2021, FROM 9:00 - 4:30 PM.
FREE AFTER SCHOOL AND SUMMER TUTORING FREE AFTER-SCHOOL AND SUMMER PROGRAMS TOOK PLACE OVER ZOOM. THE AFTER-SCHOOL PROGRAM TOOK PLACE AS PLANNED, ONCE A WEEK, FROM NOVEMBER 2020 TO MAY 2021. MATERIALS WERE SENT TO STUDENTS HOME. WORKSHEETS AND REMINDERS WERE SENT BY EMAIL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lavinia Mancuso Executive Director | Officer | 29 | $67,550 |
Candace Carponter Director | OfficerTrustee | 2 | $0 |
Moran Eizenberger President, Chairman, Treasurer | Trustee | 2 | $0 |
J Lawrence Thomas PHD Director | Trustee | 2 | $0 |
Rachelle Spielvogel Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Montenegro Consulting Group Llc Training | 8/30/19 | $130,000 |
Joann Lense Lcsw Training | 8/30/19 | $118,000 |
Joann Lense Lcsw Training | 8/30/19 | $118,000 |
Montenegro Consulting Group Llc Training | 8/30/19 | $130,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,435 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,065 |
| Total Program Service Revenue | $161,346 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $247,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,850 |
| Compensation of current officers, directors, key employees. | $14,370 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,581 |
| Payroll taxes | $10,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,702 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $527 |
| Office expenses | $19,689 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $59 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,780 |
| All other expenses | $0 |
| Total functional expenses | $280,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,411 |
| Savings and temporary cash investments | $165,133 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,250 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,628 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,422 |
| Accounts payable and accrued expenses | $35,452 |
| Grants payable | $0 |
| Deferred revenue | $15,770 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,732 |
| Total liabilities | $72,954 |
| Net assets without donor restrictions | $165,176 |
| Net assets with donor restrictions | $24,292 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $262,422 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Everyone Reading Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Ruth M Knight Foundation Inc Columbia, MD PURPOSE: GENERAL | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Fight Philadelphia, PA | $17,499,427 | $51,561,885 |
Cardiovascular Research Foundation New York, NY | $57,426,030 | $52,277,749 |
New York Stem Cell Foundation Inc New York, NY | $75,950,014 | $43,590,530 |
The National Hemophilia Foundation New York, NY | $46,786,068 | $26,439,522 |
The Foundation For Embryonic Competence Inc Basking Ridge, NJ | $27,223,706 | $15,272,541 |
Hauptman-Woodward Medical Research Institute Inc Buffalo, NY | $26,101,769 | $9,359,091 |
Fshd Society Randolph, MA | $6,079,315 | $3,508,920 |
Hearing Health Foundation New York, NY | $12,344,240 | $5,730,095 |
Center For Human Genetics Inc Cambridge, MA | $9,835,244 | $2,410,975 |
Hereditary Disease Foundation New York, NY | $15,507,063 | $4,059,819 |
Cerebral Palsy Alliance Research Foundation New York, NY | $1,906,191 | $2,233,194 |
Research Fund For Cystic Fibrosis Inc Oradell, NJ | $1,621,345 | $155,788 |