Read Alliance Inc

Organization Overview

Read Alliance Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (B92) the organization is classified as: Remedial Reading & Encouragement, under the broad grouping of Education and related organizations. As of 08/2022, Read Alliance Inc employed 269 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Read Alliance 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 08/2022, Read Alliance Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $2.7m during the year ending 08/2022. While expenses have increased by 3.7% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

WORK TO ACCELERATE THE EDUCATIONAL TRAJECTORY OF EARLY ELEMENTARY STUDENTS THROUGH THE POWER OF TEENS WHO PROVIDE ONE-TO-ONE LITERACY TUTORING IN UNDER-RESOURCED COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TEEN LEADERSHIP PROGRAM- TEEN LEADERS ARE ENGAGED IN MEANINGFUL AFTER SCHOOL EMPLOYMENT FOR 90 MINUTES A DAY, FOR A MINIMUM OF THREE DAYS A WEEK, AT A NEARBY ELEMENTARY SCHOOL, EARNING AN AVERAGE OF BETWEEN 600-1,000 OVER 45 SESSIONS. TEEN LEADERS ARE NOT ONLY TRAINED TO DELIVER THE RESEARCH-BASED READING CURRICULUM ONE-ON-ONE TO YOUNG CHILDREN, BUT THEY ARE ALSO TRAINED IN BEHAVIOR MANAGEMENT AND DATA COLLECTION THAT IS CRUCIAL TO PROGRAM IMPLEMENTATION, REFLECTION AND ANALYSIS. TEEN LEADERS HAVE THE OPPORTUNITY TO ADVANCE TO SENIOR TEEN LEADER, A POSITION WITH ADDITIONAL RESPONSIBILITY PROVIDING SUPPORT AND GUIDANCE FOR THE TEEN LEADERS, PEER TO PEER DEVELOPMENT, AND SUPERVISION. WHEN READ DEVELOPED ITS VIRTUAL PROGRAM, IT ALSO ADDED ANOTHER MORE SENIOR ROLE OF READ TECHNICIAN, FOR WHICH EXPERIENCED TEEN LEADERS APPLIED AND IF SELECTED WERE RESPONSIBLE FOR COORDINATING THE ZOOM SESSIONS. IN AN EFFORT TO SUPPORT EXPANSION, READ ADDED THE ROLE OF SUMMER ENRICHMENT PROGRAM ASSISTANT DURING THE SUMMER OF FY22 SPECIFICALLY FOR EXPERIENCED TEEN LEADERS WHO WERE HOME FROM COLLEGE TO PROVIDE OVERSIGHT AND SUPPORT TO PROGRAM SITES IF A PROGRAM MANAGER WAS UNABLE TO BE THERE IN PERSON EVERY DAY.


EARLY LITERACY PROGRAM- READ'S UNIQUE EARLY LITERACY PROGRAM IS 45 SESSIONS, AND PROVIDES 90 MINUTES OF PROGRAMMING PER DAY IN TWO PARTS: 1) A 45-MINUTE SESSION OF ONE-TO-ONE, INDIVIDUALIZED LITERACY INTERVENTION USING A LEVELLED, A PHONICS-BASED CURRICULUM DELIVERED TO THE YOUNGER READ STUDENTS BY PAID READ TEEN LEADERS, AND 2) A 45-MINUTE GROUP WORK SESSION LED BY A READ TEACHER, EITHER HOMEWORK HELP OR COMPLEMENTARY LITERACY ACTIVITIES. DURING THE ONE-TO-ONE TUTORING SESSION, STUDENTS READ OUT LOUD TO THEIR TEEN LEADERS A BOOK THEY HAVE ALREADY MASTERED, AND THEN THE TEEN LEADER PROVIDES EXPLICIT ONE-TO-ONE READING INSTRUCTION AND PRACTICE. AT THE END OF EACH SESSION, STUDENTS ARE GIVEN A BOOK FROM OUR LENDING LIBRARY FOR CONTINUED PRACTICE AT HOME. READ ALLIANCE TARGETS ITS EARLY LITERACY PROGRAM TO KINDERGARTEN, FIRST AND SECOND GRADERS WHO ARE READING AT LEAST HALF A GRADE LEVEL BEHIND. THE INDIVIDUALIZED, PHONICS- BASED INSTRUCTION USES A LEVELED CURRICULUM TO ADVANCE READING SKILL IMPROVEMENT OF AN AVERAGE OF AT LEAST ONE READING LEVEL IN JUST 30 SESSIONS. MORE THAN 85 PERCENT OF PARTICIPANTS WHO COMPLETE THE READ PROGRAM ADVANCE THEIR READING SKILL IMPROVEMENT AN AVERAGE OF AT LEAST ONE READING LEVEL. IN RESPONSE TO THE COVID-19 PANDEMIC WHICH INTERRUPTED IN-PERSON PROGRAMMING, READ MOVED ITS UNIQUE DUAL-IMPACT PROGRAM MODEL ONLINE. READ STAYED TRUE TO THE PROGRAM MODEL OF PAIRING TRAINED TEEN LEADERS ONE-ON-ONE WITH STRUGGLING EARLY READERS, SUPERVISED BY LICENSED TEACHERS AND PROFESSIONAL READ STAFF IN A VIRTUAL SETTING. IN FY22,READ IMPLEMENTED PROGRAMMING VIRTUALLY FOR THE MAJORITY OF THE SCHOOL YEAR, AND THEN IN PERSON FOR THE SUMMER SERVING A TOTAL OF 749 READERS AND 441 UNIQUE TEEN LEADERS WHO WORKED IN 649 POSITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Danielle Guindo
Executive Di
$200,731
Russell Yvette
Chief Prgm O
$155,067
Mark A Hemenetz
Chair
$0
Robert Brown
Vice Preside
$0
Jason Teeters
Treasurer
$0
Michael Lubowitz
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$943,027
Related organizations$0
Government grants $233,472
All other contributions, gifts, grants, and similar amounts not included above$2,386,686
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,563,185
Total Program Service Revenue$249,890
Investment income $4,845
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$143,313
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,674,607

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Read Alliance Inc has recieved totaling $125,250.

Awarding OrganizationAmount
Leah And Alain Lebec Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$50,000
White Stone Fund Inc

Easton, MD

PURPOSE: FUND ORGANIZED CHARITIES PLANNED PURPOSES EDUCATIONAL

$50,000
Leah And Alain Lebec Foundation Inc

Wilmington, DE

PURPOSE: CHARITABLE EVENT

$25,000
Grafer Foundation

Prt Washingtn, NY

PURPOSE: SUPPORT OF THIS LITERACY PROGRAM FOR UNDERPRIVILEGED CHILDREN

$250
View Grant Recipient Profile

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