Readworks Inc

Organization Overview

Readworks Inc is located in Brooklyn, NY. The organization was established in 1991. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2023, Readworks Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Readworks 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 08/2023, Readworks Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $3.0m during the year ending 08/2023. While expenses have increased by 8.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

READWORKS IS AN EDUCATION-TECHNOLOGY NON-PROFIT FOCUSED ON IMPROVING READING COMPREHENSION THAT, THROUGH ITS DIGITAL PLATFORM, PROVIDES RESEARCH-BASED CONTENT, CURRICULAR SUPPORTS, AND OTHER FEATURES THAT INTEGRATE WITH CORE ENGLISH LANGUAGE ARTS (ELA) CURRICULA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

READWORKSCONTINUES TO FOCUS ON GROWING AND IMPROVING OUR PRODUCT TO IMPACT THE MILLIONS OF USERS WE SERVE, BASED ON DATA, LEARNING SCIENCE, AND A DEEP UNDERSTANDING AND EMPATHY FOR THE PRACTICAL REALITIES FACED BY TEACHERS AND STUDENTS IN CLASSROOMS TODAY. WE HAVEEXPANDED OUR CONTENT AND CURRICULUM OFFERING SIGNIFICANTLY, ADDING NEW ARTICLES TO OUR LIBRARY, SPANNING DIVERSE TOPICS AND INTERESTS. THESE TEXTS INCLUDE NEW CONTENT FROM OUR NEW AND EXISTING PARTNERS AND ARE ALIGNED WITH OUR DIVERSITY, EQUITY, AND INCLUSION GOALS.IN 2022, WE RELEASED ONE OF OUR MOST REQUESTED FEATURES FROM EDUCATORS--A NEW SINGLE SIGN-ON INTEGRATION WITH CLEVER, ONE OF THE MOST WIDELY USED SINGLE SIGN-ON PORTALS IN K-12 EDUCATION THAT STREAMLINES IMPLEMENTATION WITH SECURE ACCOUNTS, DATA MANAGEMENT, AND EASY CLASSROOM ACCESS. LIKE OUR GOOGLE CLASSROOM INTEGRATION, OUR INTEGRATION WITH CLEVER IS ANOTHER WAY TO MAKE USING READWORKS IN THE CLASSROOM EASIER FOR TEACHERS. IN OUR 2021 NATIONAL SURVEY, 46%OF RESPONDENTS REPORTED USING CLEVERIN THEIR CLASSROOMS. READWORKS IS ALSO NOW FEATURED INTHE CLEVER LIBRARY.IN SPRING 2022, READWORKS LAUNCHED BOOK STUDIES TO DELIVER CURATED CONTENT THAT DIRECTLY INTEGRATES WITH THE MOST WIDELY-TAUGHT ELA BOOKS NATIONWIDE, SIMPLIFYING THE PLANNING PROCESS FOR EDUCATORS AND GIVING THEM BACK THE CRITICAL TIME NEEDED TO FURTHER SUPPORT THEIR STUDENTS.EACH BOOK STUDY TEXT SET IS BASED ON THE RESEARCH-SUPPORTED ARTICLE-A-DAY ROUTINE AND INCLUDES SEVEN+ PASSAGES WITH QUESTION SETS TO SEAMLESSLY BUILD BACKGROUND KNOWLEDGE, GROW VOCABULARIES, AND STRENGTHEN STRATEGIC READING FOR STUDENTS.IN THE 2021-2022 SCHOOL YEAR, READWORKS WELCOMED TWO NEW BOARD MEMBERS, GINA CERVETTI AND KARIM (KAM) MOOLANI. CERVETTI WORKED AS AN ASSISTANT PROFESSOR AT THE UNIVERSITY OF COLORADO, BOULDER FOR THREE YEARS. SHE IS NOW AN ASSOCIATE PROFESSOR OF LITERACY, LANGUAGE, AND CULTURE AT THE UNIVERSITY OF MICHIGAN SCHOOL OF EDUCATION, WHERE HER RESEARCH FOCUSES ON THE INTERFACE OF LITERACY AND CONTENT-AREA LEARNING. MOOLANI IS CURRENTLY A MANAGING DIRECTOR AT SILVER POINT CAPITAL IN CONNECTICUT. HE HAS SERVED ON THE NEW YORK METRO ADVISORY BOARD AT THE NETWORK FOR TEACHING ENTREPRENEURSHIP (NFTE)--A NONPROFIT PROVIDING EDUCATIONAL PROGRAMS FOR MIDDLE SCHOOL, HIGH SCHOOL, COLLEGE STUDENTS, AND ADULTS--SINCE 2014.READWORKS IS PROUD TO HAVE PARTNERED WITH CULTURAL INSTITUTIONS LIKE THE INTERNATIONAL QUILT MUSEUM, THE GILDER LEHRMAN INSTITUTE OF AMERICAN HISTORY, THE NATIONAL FISH AND WILDLIFE FOUNDATION, THE PHILADELPHIA MUSEUM OF ART, THE NEW-YORK HISTORICAL SOCIETY, THE AMERICAN MUSEUM OF NATURAL HISTORY, AND MORE. AS WE CONTINUE SERVING STUDENTS AND EDUCATORS, WE LOOK FORWARD TO PARTNERING WITH MORE PRESTIGIOUS INSTITUTIONS AND GROWING OUR PORTFOLIO OF PARTNERS TO PROVIDE EVEN MORE OFTHE HIGH-QUALITY, NONFICTION TEXTS FOR WHICH WE ARE KNOWN.OUR 2022 ANNUAL REPORT CAN BE FOUND HERE:HTTPS://ABOUT.READWORKS.ORG/UPLOADS/7/9/6/7/79679564/READWORKS_ANNUAL_REPORT_2022.PDF


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Board, Officers & Key Employees

Name (title)Compensation
Daria L Wallach
Chair
$0
Wilson Neely
Treasurer
$0
Jamie Beard
Director
$0
Gina N Cervetti
Director
$0
Cathy James Paglia
Director
$0
Mandy Casamassima
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Margo Doolittle
Development Support
$142,100
Christina Oliver
$132,020
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,000
All other contributions, gifts, grants, and similar amounts not included above$4,366,764
Noncash contributions included in lines 1a–1f $451,251
Total Revenue from Contributions, Gifts, Grants & Similar$4,371,764
Total Program Service Revenue$221,365
Investment income $6,389
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,243
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,603,761

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