Ready Readers is located in Saint Louis, MO. The organization was established in 1999. 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 06/2023, Ready Readers employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ready Readers 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 06/2023, Ready Readers generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $1.5m during the year ending 06/2023. While expenses have increased by 11.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PREPARES LOW-INCOME, YOUNG CHILDREN TO BE READY TO READ UPON ENTERING KINDERGARTEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022-23, READY READERS ENGAGED MORE THAN 14,700 CHILDREN IN 1,095 CLASSROOMS IN STORY TIMES AND OTHER EARLY LITERACY PROGRAMMING DESIGNED TO BUILD AND STRENGTHEN EARLY LITERACY FOUNDATIONS, ENGAGE CHILDREN IN VALUABLE DISCUSSION EXPERIENCES, AND DEVELOP STRONG, TRUSTING RELATIONSHIPS WITH TRAUMA-INFORMED ADULTS. WE TRAINED AND SUPPORTED 240+ VOLUNTEER READERS WHO CONNECTED WITH EARLY CHILDHOOD CENTERS AND SCHOOLS IN LOW-INCOME COMMUNITIES THROUGHOUT THE ST. LOUIS METRO REGION AND DISTRIBUTED 131,000+ HIGH QUALITY NEW BOOKS TO CHILDREN AND TEACHERS. OUR VOLUNTEERS READ HIGH-QUALITY CHILDREN'S BOOKS EVERY WEEK FOR 30 MINUTES TO A CLASSROOM OF YOUNG CHILDREN. THE READER VISITS THE SAME CLASSROOM AT THE SAME TIME EACH WEEK, FORMING STRONG BONDS WITH THE CHILDREN, THE TEACHERS, AND THE CENTER. IN ADDITION TO WEEKLY READING SESSIONS, EACH CHILD RECEIVES 6-7 HIGH-QUALITY, NEW BOOKS THROUGHOUT THE YEAR. SINCE 2020, PROGRAMMING HAS BEEN OFFERED VIRTUALLY WHEN NEEDED, AND DELIVERY METHODS WERE MODIFIED FOR CLASSROOMS WITH LIMITED TECHNOLOGY ACCESS.READY READERS ALSO GIVES THE CLASSROOM TEACHERS THE SAME 6-7 BOOKS, WITH STORYTIME ACTIVITIES TO INCORPORATE LITERACY THROUGHOUT THEIR CURRICULUM. READY READERS PROVIDES STATE-APPROVED, PROFESSIONAL DEVELOPMENT WORKSHOPS FOR TEACHERS PARTICIPATING IN THE STORYTIME PROGRAM, AS WELL AS OTHER CENTERS AND LOCATIONS (EX: COMMUNITY COLLEGES, EDUCATIONAL CONFERENCES, ETC.). ADDITIONALLY, READY READERS WORKS WITH COMMUNITY PARTNERS TO OFFER FREE, LITERACY-BASED FIELD TRIPS TO THE CLASSROOMS IN OUR STORYTIME PROGRAM. READY READERS ALSO PARTNERS WITH COMMUNITY ORGANIZATIONS TO REACH PARENTS AND FAMILIES MORE DIRECTLY AND TO PROVIDE THEM WITH INCREASED ACCESS TO BOOKS AND LITERACY RESOURCES. IN 2023, READY READERS SUCCESSFULLY PILOTED A NEIGHBORHOOD READING CAPTAINS PROGRAM IN THE ST. LOUIS WEST END NEIGHBORHOOD. NEIGHBORHOOD READING CAPTAINS ARE TRAINED AND COMPENSATED MEMBERS OF THE COMMUNITY WHO PROVIDE TRUSTED RESOURCES, OPPORTUNITIES, AND EVENTS TO STRENGTHEN THE FOUNDATION OF LITERACY IN HOMES. BY THE END OF FY24, WE ANTICIPATE THE PROGRAM WILL RECRUIT, TRAIN AND EMPLOY NEIGHBORHOOD READING CAPTAINS AND ENGAGE FAMILIES IN 3-4 NEIGHBORHOODS. AREAS OF SERVICE WILL CONTINUE TO BE IDENTIFIED BASED ON NEIGHBORHOOD NEED, ASSETS, AND IN CONSULTATION WITH THE ORGANIZATION'S ADVISORY COUNCIL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gretta Forrester-Gaffney Director | Trustee | 1 | $0 |
Rasheedah Furqan Clay Director | Trustee | 1 | $0 |
Len Jacobs Director | Trustee | 1 | $0 |
Rhonda Gray Director | Trustee | 1 | $0 |
Susanna Menees Director | Trustee | 1 | $0 |
Jessica Perkins Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $52,624 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,865,500 |
Noncash contributions included in lines 1a–1f | $71,514 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,918,124 |
Total Program Service Revenue | $8,403 |
Investment income | $7,506 |
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 | $1,934,033 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $56,866 |
Grants and other assistance to domestic individuals. | $286,257 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $71,593 |
Compensation of current officers, directors, key employees. | $14,319 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $471,899 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $35,539 |
Payroll taxes | $42,715 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,600 |
Fees for services: Accounting | $41,999 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $45,877 |
Fees for services: Investment Management | $1,516 |
Fees for services: Other | $22,506 |
Advertising and promotion | $22,118 |
Office expenses | $83,437 |
Information technology | $48,242 |
Royalties | $0 |
Occupancy | $126,111 |
Travel | $6,888 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $37,371 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,599 |
Insurance | $22,616 |
All other expenses | $0 |
Total functional expenses | $1,476,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,218,749 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $256,310 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $104,620 |
Prepaid expenses and deferred charges | $7,429 |
Net Land, buildings, and equipment | $18,020 |
Investments—publicly traded securities | $352,042 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $207,875 |
Total assets | $2,165,045 |
Accounts payable and accrued expenses | $24,593 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $223,323 |
Total liabilities | $247,916 |
Net assets without donor restrictions | $1,420,815 |
Net assets with donor restrictions | $496,314 |
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 | $2,165,045 |